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I have a complaint regarding the rate of interest against Bajaj finserv

Complain ID : CCN030501   34  

Loan Complaint Complaint Date: October 3, 2018
Modified date: October 22, 2018
  • State :  Haryana
  • City :  Sirsa
  • Address: Near Vita Milk Plant, Begu Road, Sirsa, Haryana
I am kuldeep singh from sirsa (haryana). I have a complaint regarding the rate of interest. The loan is registered on my father, sh. Manjeet singh, with this mob.no. 9992071923 and EMI card no. 2030400035618851. Person (Narender singh, 9991086088) came in our house for our loan he didnt tell us about the interest will be charge 20.27%. He came in hasty and fill the form and said 160000 rs. Loan has been passed by bajaj finance and next day transfer the money in our account, then i check that in our account we recieved 112000 rs.and 12500 rs. Charged for the documentations. we didnt apply for the loan. He did fraud with my parents. That time i was not present at my house, i was in bangkok (thailand). My father and mother they are uneducated, they don't know about the interest, how much they are going to pay to the bajaj finance. For 9 months, they paid 5584 rs. Per month. Today 2/10/2018, I check the further loan details, I saw that the loan passed 125000 and interest on that 76000 (something) with the 20.27% of interest. I have to pay 201000 rs, I was stunned & shocked when I saw the interest. Sir you can check that I took 3 loan before this active loan, how much interest we paid. We paid 1% and 0% interest on the other 3 closed loan.Sir, I have request in front of you that we can not able to pay this loan with the 20.27% interest. Kindly reduce the interest on our loan.
Thank you
Complaint Against : Bajaj finserv

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