Cholamanalam DBS Finance Limited
EMI Date is too early losing Interest
Dear Concerened, I had taken a personal loan of Rs. 5, 00, 000/- from this company. I got a cheque dated 18th Jan on 21st Jan. which i deposited on 22nd Jan. But to my surprise the first EMI date is 5th Feb. The meaning of EMI is always a monthly Instalment. If the loan is used only for 14 day and ...