Bajaj Finance Limited - Personal Loan False Commitment And Additional Charges After Closing The Personal Loan Complaint Rating:   

The Personal loan was availed from Bajaj Finance 10 months ago for RS. 425000.00
The executive (Vamsi) had given me the instructions that Bajaj offers 0% for charges. Since I had taken the PL from the Bajaj a few years ago, I opted for it. However, I have made 7 EMI in an amount of RS.10055.00 without any default. After 7 EMI I wanted to transfer the PL to different bank. Since they did not allow me to transfer to other bank without an additional charges, I had given 2 cheque leaf. One for the entire outstanding principal Amount and another cheque for the foreclosure charges of RS. 21000.00 which I had given a stop payment. Even the ECS has been stopped to disburse the amount to Bajaj.
After 3 months the Bajaj finance deducted the amount from my account which caused the cheque bounce for the new PL EMI.
I contacted multiple times with bajaj finance on the foreclosure charges, but no proper response was received. Due to the false promises from the Bajaj finance executive Vamsi, I am facing a hard time.

Request your assistance and hello to rectify this issue and find a solution without affecting my cibil score.

Thank you,
Arul Sundaram S.