Charging Moratorium Intrest on Intrest
Complain ID : CCN052994 24
Loans Complaints
Complaint Date: June 17, 2021
- State : Madhya Pradesh
- City : Betul
- Address: Staff Quarter Colony Shahpur
I had taken a loan from TVS Finance Company, Whose loan number is MP3011TW0051125.
Last year I had Taken Advantage of the Moratorium Facility.
Due to which I Had to Pay Additional Interest, But a Petition was Filed in the Supreme Court on Recovery of Interest on Interest, After Which the Supreme Court ruled that Interest will not be Charged on Interest, All the Installments of my loan have been Completed and messages are being sent from your side to pay the interest for the Moratorium period.
I want to clear my account it gives me a lot of tension
Last year I had Taken Advantage of the Moratorium Facility.
Due to which I Had to Pay Additional Interest, But a Petition was Filed in the Supreme Court on Recovery of Interest on Interest, After Which the Supreme Court ruled that Interest will not be Charged on Interest, All the Installments of my loan have been Completed and messages are being sent from your side to pay the interest for the Moratorium period.
I want to clear my account it gives me a lot of tension
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