Complaint Details

Status	:	Closed
Complaint No	:	0088954/2017
Category	:	Business & Finance
Date	:	21-05-2017
Subject Line	:	fradulent misrepresentation
Complainant	:	JYOTI RANJAN KANUNGO
Address	:	FD 294 2ND FLOOR SECTOR 3 SALT LAKE KOLKATA
Complainee	:	fintrade financial services
Address	:	Near Queen's Mery school, Mittal hospital road,(Pushkar road)Ajmer

Complaint Details
The representative of the company made a call assuring me that personal loan would be disbursed within 7 days. Their e-mail states that they are NBFC,but actually they are not even a company making false misrepresentation to dupe the loan applicants. She asked for a login fee. Immediately after payment, the loan was sanctioned within a day and they found everything positive. They asked for a processing fee of Rs 22000 which was subsequently brought down to 15000. The drama began thereafter, The documents were sent for execution after several calls.They had not pointed out about the type of documentation in the sanction letter. They had given a document which is a letter from the employer to recover the dues from PF. No employer has the right to give such letter of undertaking except to a Bank/NBFC. Here is a bunch of individuals who se credentials are not known can not demand Then they changed their line. Again they insisted on verification of witness signing on documents. Either they should have been present at the time of documentation. How can one examine witness over phone and for what purpose?They insisted on witnesses signing with revenue stamp affixed. There is no such need.These are all mechanisms to dupe the loan applicants who will become silent after some months. Their activities are criminal in nature

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