Bajaj Finance Limited
Forceful deduction of insurance premium

To

The Manager

Bajaj Finance Ltd.

Sir,

Subject: Request for cancellation of insurance policy bearing membership no. 8221 &

matter regarding

I would like to bring the following facts to your kind attention for redressal of forceful deduction of insurance premium charged on me by your concern.

1. On 12.11.2010 a Sony Cyber Shot Digital Camera under the model no. DSC-W310 was purchased by me from Gopal Radio Clinic at 55, B.P. Dey Street, Serampore on loan provided by Bajaj Finance Limited vide their Loan No. 4100CD00110381.

2. Payment of the camera was settled to be made by twelve equal monthly installments of Rs.650/- through ECS from my savings account no. 2690101001153 with Canara Bank at Serampore Branch.

3. After a few days of the date of my purchase (12.11.2010) I received a call from your concern with a request to undergo an insurance which I refused then and there. But to my surprise, I have received a certificate of insurance from Bajaj Allianz Life Insurance Co. Ltd. under Membership no.8221 and Master Policy Holder no. 0128057222.

4. Thereafter I met the proprietor of Gopal Radio Clinic to bring the matter to his notice and he promised me to get the insurance policy cancelled. But since 05.01.2011 my bank account statement shows that in addition to the installment of Rs.650/-, extra Rs.164/- is being deducted as insurance premium. Such deduction is being continued in every month till date.

In view of the above, I object to such forceful insurance premium deduction and request you to stop it immediately and refund my deduction already made at the earliest, failing which I will stop payment through my savings account and move to the District Consumer Forum.

Thanking you,

Yours faithfully,

Dated : 27.05.2011

(AMIT SANTARA)

Sadhukhan. Sabyasachi@gmail.com

Copy to consumer forum

Company: Bajaj Finance Limited
Country: India
State: West Bengal
City: Hooghly

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