Inspite of paying EMI reported to CIBIL as loan write off

Location/place: Pune

Name of company/service: Bajaj Finance Ltd.

Dear Sir/Madam.

I was taken a personal computer loan from Bajaj Finance Ltd laon Dec-2004 with the scheme of by paying the advance secuirty deposit of Rs.7956 for the Loan amount of RS.28000 with total 240 EMI. I was continud to pay all the EMI’s Regularly. One EMI of 23rd was deducted from HDFC bank & later that amount was returned to my account saying that check got mutilated after that 24th EMI was paid as per schedule. After paying all EMI’sexcept 23rd since i was not knowing & applied for getting my deposit amount of Rs-7956.with regular follow ups i got the amount of RS-6630 by saying that one EMI was pending & it has been deducted from this deposit amount. i said ok. Inspite of that they have reported my case in CIBIL saying that “Loan write off” due that my CIBIL rating was showing the negative rating. This i came to know that when i was applied for the CAr loan in SBI & SBI was not ready to grant the loan till i get the clearnce from CIBIL report. After this episod i contacted the Bajaj finance & they said me the one emi pending, i surprised to here this after 4 years of completion of the loan than i paid the Rs-1326 & took the NOC from Bajaj finance.
They have all reday deducetd the pending EMI from the security deposit amount then once again they had asked me to pay the EMI.they collected the one EMI extra. with all this i got embarassed & seeking the compensation of Rs-50000.

requesting your help to punish these peoples.


Share for action

Leave a Reply

Your email address will not be published.