Kotak mohindra prime ltd
Settlement of my account

Personal loan

Dear Concern,

please note my father is having a personal loan with Kotak mohindra prime ltd. we are living in jalandhar punjab. our loan amount included interest may be near about 3lac which we have to pay in 36 instalments - out of which we had already paid 28 instalments. now we have 3 instalments bounce but we want to settle our account in three Shots settlements. but banks recovery agents said there is no provision of settlement. they pressurize us to pay bounce instalments. if we said to them that ok we will pay one bounce instalment then they said it is not possible. you have to pay full 3 bounce instalments along with bouncing charges. but we want settlement instead of paying each month bouncing instalment.

please take the matter seriously and e-mail us. please go for the settlement with us and be noted that our business is not in a position to pay your bouncing charges or interest.

our instalment amount is Rs. 5510.00 per month.

loan is on the name of Mr. Vijay Mahajan

thanks and regards,

vivek