updated by SunilMohan, Aug,28 2021

Telephonic conversation with a home credit customer. Moratorium for 04 months Intrest 4 month × 2,085.38 intrest/month 4×2085.38=8341.52 (Apr-2020, May-2020, Jun-2020 and Jul-2020) and the loan Repayment Schedule was revised accordingly as per the Company Policy. After the capitalization, 07 EMIs are extended in the loan account number [Protected]. he said that interest is also on the principal amount of balance emi. My loan EMI is included with principal + interest.Then why the additional interest on the principal amount. How to pay double interest on the same principal amount Acording to moratorium intrest 4 Month ×₹2085.38=₹8341.52 So Why this extra ₹19224.48 was converted into EMI This is a request to the consumer court that my remaining extra installment amount should be removed and updated.