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Hidden Charges on personal loan by bank after i tried cancelling loan


23-May-2023 (In Consumer Court Law)
I applied personal load at yes bank. The sales executive said the charge is only 999.00/-. Also have processed my 4 year tenure to 5 year. Insurance charges and other charges were added in the final deduction. Bank is also supporting to that sales and not giving solution. While I tried to cancel the loan, they are adding all the charge whichever not communicated earlier.
Answers (1)

Answer #1
846 votes
have you read the term and conditions of the loan application thoroughly by yourself ? If not you must have read. Such charges must have been stated in the application. If not only then we may take action against them, with mere lack of knowledge/understanding. Book an appointment to an advocate carry your loan documents and get some help.

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