What can I do if a finance company cheats me?

I was cheated by Aadhar Credit Finance Pvt. Ltd. I applied for a personal loan, and after approval, they kept demanding processing fees. When I cancelled my loan application and requested a refund of the processing fees, they said I must either pay a cancellation fee or wait 14 days for a refund. It has been over a month, and I still have not received the refund. What can be done in this situation?

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Advocate By LEAD INDIA Answered: 24 Oct 2025

This appears to be a financial fraud case. You should immediately file a written complaint to the Cyber Crime Cell and the local police with all payment proofs, chats, and emails. You can also complain to the RBI Ombudsman if the company is registered with RBI. Avoid further payments and consult a lawyer to send a legal notice demanding refund. For further legal assistance contact us on our helpline number.

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