I have a personal Loan from Bajaj Finserv of 720000, since November’2015 , I was comminicated Bajaj will not be charging any foreclosure charges, aftre first installment , that led me go for them inspite of high charges.
I have regularly paid Installment without any delay.
Now I am trying to close amount account, however I have been asked to pay 4.60% Foreclosure charges out of the blue, citing “Policy change due to prevailing market condition”
I have communicated witrh bajaj via Phone & mail, however they are not ready to waive it off. I feel I am not obliged to pay them this because:
1)I was not contractually obligated(as per agreeement)
2)The Policy was sold to me stating ther is no Foreclosure charges
3)It should not be applicable to the old customers
4)The change in policy was not communicated to me , prior my request to close it.
Its a matter cheating & mal practices in business. moreover lacks ethics. Requesting you to help filght it out with them on this.
Gazipur, New Delhi 110 096
220.127.116.11 / 13/06/2016 / 11:40 am