Illegal interest Illegal interest

8 months ago

I have borrowed a loan of rupees 5000. After two days I went to repay it to lender, he asked me to give 1000 interest for two days. I paid him 6000 rupees, now he is asking me for extra 500 and giving me threats.he is not a authorised lender

Anik

Responded 8 months ago

View All Answers
A.Dear client,
Lodge a complaint with a local police station against him section 506 IPC for criminal intimidation & penal provision under Money Lending Act of your State.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconNach charges
Dear Client, You can connect with the bank to know the reason for deduction of NACH charges and solve the matter amicably. But, in case of inaction or unreasonable deductions by the bank, you can file...
question iconRecovery of my fund against Fraud via share market in whatsup group
Dear Client, send a legal notice to them through an advocate for offence of cheating under sec 416, 420 of IPC. make sure o=to have all evidences in form of proof like receipts, bills etc additionall...
question iconFinancial scam related to escort service
Dear Client, In the given situation, you can file a complaint against the escort agency for deficiency in service and unfair trade practices before the Dist. Consumer Commission under Sec.35 of the C...
question iconloan issue
Dear Client, In the given scenario, file a police complaint against the malpractice of the lending App. You can also make a complaint to the Cyber Crime Cell online at https://www.cybercrime.gov.in/...
question iconReceive Cash through wire transfer
Dear Client, Forex and currency trading in India is legal but failure to adhere to authorised brokers or permitted currency pairs is a penal offence under FEMA. If you are interested in online forex t...