Bajaj Allianz — Personal loan

Address:Pune, Maharashtra, 12345

Hello all,
I have taken personal loan from Bajaj Finserv and they shown their special characteristic about nill foreclosure and prepayment after first EMI without charges but today they have dropped email about they will charge foreclosure. Dont go with this company it is totally fake .

Dear Customer,
This is in reference to the loan(s) availed by you. We have modified the terms and conditions of your Loan/s with respect to foreclosure and pre-payment charges.
Foreclosure charges of 4% (plus applicable taxes) will be applicable if you choose to foreclose your loan post clearance of first EMI. Foreclosure of the loan is only allowed post clearance of the first EMI.
Part prepayment charges* will be applicable if you choose to prepay more than 25% of your current outstanding loan amount. However, no charges will be applicable for part prepayments done up to 25% of the current principal outstanding in last 12 months. This facility is allowed post clearance of your first EMI only.
The revised terms and conditions are also available on our website atwww.bajajfinserv.in/finance
The revised terms and conditions will be applicable with immediate effect.
We sincerely thank you for your continued support and patronage. We assure you the best of our service at all times.
Warms regards,
Bajaj Finserv
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