I took a loan of ₹;1.8 lakhs. After the deduction of processing fees, I received ₹;1.72 lakhs. Initially, my loan application was rejected, but later I received a call from someone who said that not accepting the loan would negatively impact my CIBIL score. Due to the pressure, I went ahead and took the loan.
After 10 days, I decided to close the loan. However, they asked me to pay ₹;1.9 lakhs to close it. I ended up losing ₹;18, 000 for just 10 days.
Please don’t trust such people or companies.