Bajaj Finance Limited - Personal Loan False Commitment And Additional Charges After Closing The Personal Loan
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.
Arul Sundaram S.