Bajaj Finance Limited — loan account no. 4100CD00173495 FULLY PAID IN 2011 COMPANY WRONGFULLY CLAIMING FINE FOR CHEQUE BOUNCE RETROSPECTIVELY AFTER 3 YEARS OF LOAN REPAYMENT

Address:

Kolkata, West Bengal

I HAD TAKEN A LOAN FROM THEM FOR PURCHASING A DIGITAL CAMERA ON 5 OCTOBER, 2010 FROM SONY CENTER 8/1E D.H.ROAD, KOLKATA-27.THE TOTAL BILL WAS Rs.14700 OUT OF WHICH I PAID Rs5200 BY MY ICICI BANK CREDIT CARD AS DOWN PAYMENT AND BALANCE THEY TOOK PDCs FROM ME. I HAD GIVEN PDCs FROM AN EMERGENCY CHEQUE BOOK AND TOLD THE BAJAJ FINANCE STAFF THAT THE COMPLETE A/C NUMBER WILL BE ALLOTTED SHORTLY SO BEFORE PRESENTING THE CHEQUE AFTER ONE MONTH THE ACCOUNT NUMBER NEEDS TO BE CONFIRMED AND WRITTEN IN DEPOSIT SLIP. AT THAT TIME ONLY THE BANK AND BRANCH CODE WAS KNOWN TO ME. THE AGREED AND ASSURED THAT THEY WOULD DO THE NEEDFULL. AFTER ONE MONTH THEY PRESENTED THE CHEQUE WITHOUT CONFIRMING THE LAST 4 DIGITS OF THE ACCOUNT NUMBER & CONSEQUENTLY THE CHEQUE WITH INCOMPLETE A/C NO. WAS RETURNED WITH REMARK THAT ACCOUNT COULD NOT BE FOUND. I WAS INFORMED OF THE ISSUE AND TOLD THAT SINCE THE CHEQUES HAD BEEN SENT TO THE COMPANY H.Q IN MUMBAI THE A/C NUMBER CANNOT BE UPDATED IN ANY PDC. THEREAFTER I TOLD THEM TO COLLECT CASH INSTEAD OF CHEUE FROM ME AND THEREAFTER RETURN MY CHEQUES. THEY AGREED AND STARTED COLLECTING CASH PAYMENT OF Rs.1225 FROM 27 NOVEMBER ONWARDS 8 EQUAL INSTALLMENTS. THE LOAN WAS A ZERO INTEREST CONSUMER LOAN. AFTER FULL PAYMENT OF LOAN BY CASH ON 06 JUNE, 20111 THE COMPANY DID NOT RETURN MY PDCs AS COMMITTED EARLIER AND I TOOK THE MATTER LIGHTLY THINKING THAT THE LOAN HAD BEEN REPAID. ALMOST 2 YEARS AFTER THIS I STARTED RECEIVING CALLS FROM THE COMPANY REPS. INFORMING THAT THERE IS A DUE ON ACCOUNT OF BOUNCED CHEQUE CHARGES AND I HAVE TO PAY. WHEN I ASKED WHY THIS WAS NOT DISCLOSED TO ME WHEN CASH PAYMENT FOR INSTALLMENTS WAS COLLECTED FROM ME I RECEIVED NO CONVINCING ANSWER. FURTHER MORE WHEN I TOLD THE COMPANY PEOPLE THAT I WAS NOT AT FAULT AND CHEQUES WERE TAKEN FROM ME KNOWING FULLY WELL THAT THE LAST 4 DIGITS OF THE ACCOUNT NUMBER WAS YET TO BE ALLOTTED AS THE ACCOUNT KIT WITH EMERGENCY CHEQUEBOOK WAS COLLECTED BY ME ON 06 OCTOBER THE DAY CAMERA WAS PURCHASED AND PDCs COLLECTED THE COMPANY PEOPLE CONVENIENTLY DEFLECTED MY QUESTIONS. SINCE THEN I HAVE RECEIVED NUMEROUS CALLS & THREATS OF CIBIL DOWNGRADE. THE LAST STRAW WAS WHEN SOMEONE CALLED MY CLAIMING TO BE FROM TIS HAZARI COURT, DELHI AND SAID A CASE HAD BEEN FILED AGAINST ME, BUT DIDNOT DISCLOSE THE CASE NUMBER, DATE AND THE PLAINTIFF NAME. I NEVER RECEIVED ANY LEGAL NOTICE. AFTER REPEATED SUCH FALSE CALLS I CAME TO KNOW THAT IT WAS FROM BAJAJ FINANCE AND MY LAWYER INFORMED THAT NO COURT OFFICIAL EVER CALLS DEFENDANTS AND THREATENS THEM. THE ACTION OF THE COMPANY TO COERCE ME TO MEET THEIR UNJUST AND UNLAWFUL DEMANDS HAS CAUSED CONSIDERABLE MENTAL DISTRESS TO MY FAMILY MEMBERS AND MYSELF. I SEEK REDRESSAL IN THE FORM OF STRONG ACTION INITIATED AGAINST THIS COMPANY BY THE RELEVANT REGULATORY AUTHORITY SO THAT THEY STOP TORTURING ME. IN THE LATEST SMS THEY HAVE CLAIMED MY DUES AS Rs.41550 WHEREAS PREVIOUSLY THEY WERE CLAIMING DUES AS Rs2400. BOTH THESE CLAIMS ARE ILLEGAL AND UNJUST.