I have a new axis bank credit card and used the card for the very first time. i made purchase of 80,000 on my card and before my due date made a payment of 20,000 and my transaction of 59600 were converted into emi that too before the due date. now my bill has been generated and the bank has charged me 3146 as interest. upon calling the bank I was told interest was charged on the entire 80000 cause I had now paid the full amount. just for the difference of 400. axis is asking to shell out 3146 as interest.this is absolutely ridiculous.what action can I take against the bank.
JP Road, Mumbai 400058
18.104.22.168 / 16/01/2017 / 9:18 pm