BAJAJ FINANCE / TMC
ECS clearance made for two assets though purchased single asset for the said amout in excess

Bajaj Fiannce Aggreement No.400325503

Asset purchased: SAMSUNG (H/TZ110)

PLACE: TMC ABIDS, HYDERABAD

I purchased above mentioned asset costing Rs.48000/- under exchange of Color TV 21" less Rs.2900/- and down payment made Rs.8, 300/- vide R.No.1345 dt.20/10. (There was offer of free HOME theater along with 10 DVD pack but not received DVD pack at all).

My complaint is that The remaining amount of Rs.36, 800/- was financed by Bajaj Auto Finance, Hyderabad. Supposed to be deducted in Rs.1600 x 23 Instalments (EMI 30-7)

Whereas deductions made through ECS from my ICICI Bank account in two ECS for Rs.267/- (in 23 instalments Rs 6141) and Rs 1333/- (in 24 instalments Rs. 31992).

The Bajaj Finance issued closure letter for Rs.1333/- deducted in 24 instalments showing Advance EMIs Rs. 7998/- (Incorrectly) actually payed total amount worth of Rs.11200 (8300 2900 U/E of TV).

The Bajaj Auto finance should give me clarity about the receiving ECS for Rs.267/- in 23 instalments for what asset, and must ensure that asset is delivered to my door without hesitation and TMC Abids, Hyderabad should give clarity about my Old color TV 21" and why they have charged amount through finance ater handing over that asset worth Rs.2900/- (but it was worthwhile more than that).

Regards

Rajeshwar Reddy Teegala

Company: BAJAJ FINANCE / TMC
Country: India
State: Andhra Pradesh
City: Hyderabad

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