Barclays Finance
Disappointment with Sales Person

From: Sachin M. Gawande

Loan Account No LC 016611002471030

ADD:- A/5 Shree Sai Apt.,

Denis Compound,

Veer Savrkar Nagar,

Thane (w) 400606.

To,

Barclays Finance,

Rank Investment and credit India Ltd

Sub: - Disappointment with Sales Person.

Respected Sir,

I applied for a personal Loan from M/s Vedant Enterprises, I had a verbal sanction from your Borivali Branch office for same and as per their telephonic instruction I visited my nearest branch at Hari Niwas Thane (w) on 27/8 to complete a my disbursement process.

I met your Branch Representative Miss Pooja Santosh for a discussion after having conversed with her I was told that the interest is 16.82% which is lowest from the industry as per today market she didn’t give any idea about flat rate and reducing rate, So I was under wrong impression this is best rate of interest and I signed all the documents which were produced by her.

My Loan A/c is No LC 016611002471030, after completion of all process she handed over the cheque to me (ICICI BANK LTD Cheque No 047546 dated 27/8/08, amt:-Rs:-332436.00) which was deposited in my account next day

After depositing cheque I am came to know the rate of interest is 28% reducing approximately which is on the higher side from the industry.

Due to high rate of interest I am very disappointed and I will very much thankful to if you can reschedule my rate of interest and give me a completive rate compare with all others.

Hoping your positive feedback and kind co-operation for the same.

Kindly do the needful.

This is for your information & necessary action.

Best Regards,

Sachin Gawande

Loan Account No LC 016611002471030

MOBILE NO. 9920189346

Company: Barclays Finance
Country: India

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