Capital First Finance — Incurred huge loss… Due to unauthorized emi debitReport
Please briefly explain why you feel this question should be reported .
Application loan REF ID[protected]. With reference to the above loan number of capital first finance for which i had availed a loan of rs.275800 with emi of rs. 14480 . Every month of 5th my federal bank account which is linked to the loan is debited rs.14480, but on 5/05/2017 it was not debited even though there was sufficient funds available, but was debited on 8/05/2017 with a penalty of rs. 400 mentioning delay in the payment . The same amount that is rs. 14480 was again debited on 11/05/2017 from my federal bank account by capital first. In the mean while i had issued some other cheques from my federal bank account to other people with a huge amount . The cheques have been bounced because of the negligence act caused by capital first as they debited money from my account twice and sufficient funds were not availabe for my cheques to cash. Due to this i have incured a huge loss . I would plead the consumer forum to look into this and do the needful for me. As i have been harrased mentally.