Inconsumercomplaints.com » Cars & Transport » Review / complaint: Bajaj Auto Finance Ltd - LATE FEES PENALTY DUES | News #25921

Bajaj Auto Finance Ltd
LATE FEES PENALTY DUES

Sir,

As you are also aware that I got financed one Bike through you in March amounting Rs.39000/- and the same were payable in 24 equal instalement @ Rs.1973/- per month through ECS from my salary a/c which I am maintaining in HDFC Bank Ltd, 5R-NIT Faridabad -121001, and first instalement was due on 15.04.2008 but due to some recovery system problem at your end you have not encashed ECS from my a/c for April, May, June, july in this connection please note that amount for encashement of your ECS was available in my above salary a/c on monthly basis which can be verified from my Bank Statement also and on your request we have paid three months instalement in cash on 08.07.2008 vide you money reciept no-401162904 and fourth instalement paid in cash on 11.12.2008 vide your money receipt no-401182800 and since fifth instalement you are collecting through ECS on monthly basis, but I surprise to not that you have debited late payment charges to my loan a/c for first four instalment which is not practicable as late realisation of four instalement in the bigining took place because of your recovery system problem, that is not my fault . so you are requested to please reverse the same under intimation to you

Regards,

Sanjeev Yadav

09350543331


Company: Bajaj Auto Finance Ltd

Country: India
Site:

Category: Cars & Transport

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