Legal Question in Credit and Debt Law in India

Hi Sir,

I have taken load of 300000 from Fullerton India Credit company in Aug'15. below are the issues i'm facing:

I have not received contrct copy or welcome letter after making many calls they mailed it to me.

I asked for 300000 and they sanctioned 323000 without informing me and disbursed only 298000 in my account.

Interest rate they said will provide at 14% but actually it is 17%. I had given cancelled cheques for ECS but due to some issue ECS payment was credited back to my account withing 30 mins of deduction.

I called immediately to my bank and fullerton as well they said we will check and get back. They called me after 20-25 days and asked for payment.

I said come and collect a month EMI and take a fresh ECS request unfortunately i had to go out of town for a week and i said once i am back i'll approach. these guys not turning up and he even talked rudely and said sir you don't pay in a threatening tone.

My financial condition is already worst, and on top of that these things are disturbing me. i can pay EMI if it's regular any deviation will lead to disturbance in my budget.

Please help me and suggest if i can take any action against them.

Thanks,

Deepak

8884742061

1 Answer from Attorneys

Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in India

Looking for something else?