Inconsumercomplaints.com » Business & Finance » Review / complaint: CITIFINANCIAL /CONSUMER LOAN - NOT ISSUING THE CHEQUE IN MY NAME | News #172589

CITIFINANCIAL /CONSUMER LOAN
NOT ISSUING THE CHEQUE IN MY NAME

Dear Sir/Madam,

I am Bipranil Dasgupta, having a consumer loan in citifinancial consumer finance India ltd.loan a/c no.15415891 from 05-sep. At the time of senctioning the loan they gave me two cheque one Rs.30000/- is in the name of mine and another one was in the name of my existing HSBC loan a/c no.of Rs25000/- to foreclose the existing HSBC loan. At that time I accept the deal because I thought my liability will reduce, But when i went to HSBC to deposit the cheque for foreclose the HSBC loan they said, my total outstanding was around Rs 4-then I thought that I have to pay another Rs4Rs25000=Rs 17000/-.At that time I was not in a position to pay the remaining amount to foreclose the HSBC loan, So I went to the Citifinancial office and request the Manager Mr. Jagjit Gandhi of Dalhousie Branch to Change the cheque into my name or reduce the principal amt of 25000/- from my loan amt. because I cant able to close the HSBC loan account, Mr Gandhi said me it is not possible you have to take the cheque to foreclose the HSBC loan othrwise there is no option.

Now the story change a bit, After a long span today I went to citifinancial Kakurgachi Office there after telling the story they accept the cheque and deduct the 25000/-amt. from my principal amt. with increase interest rate. Now my complain is if this is possible then why they didnot accept the cheque Earlier, I paid the EMI for the amt which I didnot utilise... Please reply I am in Dilemma.


Company: CITIFINANCIAL /CONSUMER LOAN

Country: India

Category: Business & Finance

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