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EXTRA AMOUNT BEING COLLECTED IN EMI

Complain ID : CCN018436   31   Complaint's Reply

Online Order Complaint Date: May 17, 2016
Dear Sir,

I bought Royal Enfield Bullet Electra Red for

Cost of Rs 133746/-
Down Payment Paid Rs 51000/-
Loan Amount Sanctioned
Rs 86500/-
Current EMI being paid Rs 3399/-.

ROI 12.5%
Duration 36 Months

but when calculated as per EMI calculators available in internet EMI coming to Rs 2894/-.

I spoke to concerned Bank personnel but they failed to justify.

Given mails to reachus@indusind.com.
Unable to respond.


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