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Fraud in loan amount

Consumer Complaint ID : CCNO31789   43

Loan Complaint  Post date : March 13, 2019

Dear Team,
I Anupsingh Nebhrani (Add.Barack No. 850, Room No. 02, Section 19, Near Heraghat, Gurudwara, Ulhasnagar, Maharashtra - 421003)(M-7000534363) purchased the bike Hero Passion Pro from Ahir Auto (P) Ltd.(Add. Prem Kamal Mansion, Murbad Road, Near ICICI Bank, Kalyan CITY MAHARASHTRA - 421301.) with down payment of Rs. 19,053.00 and financed from Hero fincop.Ltd.

On purchase time (Dt. 26/02/2018) I was conformed the vehicle amount and get the invoice amount Rs. 50,712.00 and Vehicle resignation Fee amount Rs. 5,889.00.

I was visit many time to showroom and ask for detail of the my EMI from dealer and finance company agent but they not give me proper answer but only say your EMI is Rs. 2365.00 for Twenty Four months and you have to pay on time.

I got the detail (on date 02/11/2018) of my account and Hero Fincorp company was finance the amount of Rs. 66,353.00 and after deduction of down payment of Rs. 19,053.00, Hero Fincorp company have charged of Rs. 47,300.00 + Interest + Tex.

After asking this fraud by company and dealer agents are used abusing language and pressurized to pay the payment without asking any question.

That's the reason Hero Fincorp Ltd company and Dealer agents was not give the proper detail because Hero Fincorp Ltd company and Dealer can make the fraud with customers.

Your co-operation in this regards is highly appreciated

Anupsingh Nebhrani

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Reviewed Item : Loan Complaint
Author Rating : 5

Complaint Against : Hero FinCorp Limited
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