Inconsumercomplaints.com » Business & Finance » Review / complaint: Bajaj finance ltd / personal loan - Unwanted charges deduction | News #114605

Bajaj finance ltd / personal loan
Unwanted charges deduction

Dear sir,

I have taken loan Rs-50, 000/- from u, r bajaj finance ltd on Nov.

as per conversation by branch person mr.pankaj and document, rate of interest is 18% P.A for 30month,

at the time of loan receiving company has deducted unwanted processing charges and insurance amt, after all deduction Finlay i got rs-46, 407 only.

sir i have paid 10 EMI of rs-2417/- and now i want to close my a/c after clearing all rest amt and i went u, r jamshedpur branch and i got a/c statement at present as per a/c statement a i w'll h'v to pay rs-37640/-

But as per my calculation and document calculation is right calculation:-

1st principal amt-50000/-

interest rate- 18%P.A

Time- 30 month

so that amt =50, 000 (principal) 22, 500 (interest)

so i have to pay total =72, 500/- only in 30 month.

2nd

No of EMI -30

EMI Amt-2417/-

so that 2417/- multiply 30 months

=72510/-only

sir at the time of loan taken loan that person has committed to me no extra charge w'll h'v to pay if you pay before time.

sir i want to close my a/c so pl right amt take from me for maintain long relationship.

so kindly reduce unwanted charges from my rest amt so that i able to pay,

thanks.

rgds-

RUDRA PRATAP SINGH

Jamshedpur

mobile no-09234612920


Company: Bajaj finance ltd / personal loan

Country: India   State: Jharkhand   City: East Singhbhum

Category: Business & Finance

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