Dear Sir/Madam,
I have availed a personal loan from a popular Finance company and while taking the loan there are no Fore closure charges which was mentioned in the service guide.
When I am taking the loan, they said i can foreclose as soon as 1 EMI is paid and no charges.
Now when I approached finance company to fore close my loan, they are saying, they are now charging fore closure charges and the rule introduced some where in June 2016 which is after I took loan.
and also they never informed me regarding this.
Do i have base on this to proceed in consumer court.? Please advise.
Thanks,
Babu
