Manba Finance - Froad Against Bike Loan Complaint Rating:   

Hello,
My self Kishor gaikwad form ulhasnagar. I have taken loan for my bike (passion pro) from narayan motor's ambernath (E). I have purchase bike from narayan motor's itself, my concern for this email is that they have misguided me calculation against my loan amount.
Purchased price of my bike was Rs. 58000 onroad & out of which my down payment was Rs. 6000, loan is taken for 35 months @ 9.99% PA. Processing fess @ 2% on loan amount that is on Rs. 52000 + (Rs. 850 documentation chargess. These are the term & condition for loan that I have taken. My monthly EMI is Rs. 2117 for 35 months.
As per my calculation I m paying more than that, loan amount Rs. 52000 @ 9.99% for 3 years (intrest against loan Rs. 15584) =Rs (52000 +15584) = Rs. 67584.
Processing fess of, Rs.2% on Rs. 67584 = Rs. 1352.
Total some of loan amount is 67584 + 1352 (PC) = Rs. 68936 ( this is my total loan amount)
But You are charging Rs. 74095.(2117*35)
That is you are charginge me Rs. 5159 (74095- 68936) more than my loan amount.
For same information I have called to one of your employee his name is SWAPNIL SHELKE on his contact no. 8169671483.for the information but his provided me wrong information & he has used abusive language & telling me that he was the boss of this finance so he is telling me that I can not complaint against him. He is using bad language he abused me on call. I want strict action against that guy. Other vise I will complain in consumer