Bajaj Finserv — Bajaj Charges more double interest & Double amount on Principal amount

Dear Sir/Madam,

I took flexi loan in Bajaj Finserv & Loan Disbursal Date[protected] with the loan account of 400SPFG1616148 ( Attached In statement file).

Here I paid 1.43 Lakhs as of now. From the Principal amount they didn't deduct a single rupee as of now.

From Dec'2022 onwards I Need to pay 11, 500/- towards Loan EMI which will be interest & principal amount. As per terms & conditions their Interest rate will be 14% in that case I need to pay around 5.5 lakhs only overall but they are charging around 8.5 lakhs which includes double rate of interest.

In that, due to covid i lost my job & requested them to change the EMI date but they denied. So, I paid as per my convenience on or before 30th Of every month end. EMI Date will be 2nd of every month In advance I paid but they didn't update in their system now again asking to pay the bounce charges & late fee. When I used to pay in advance on month end I used to share the same info within a fraction of seconds to their executive to update my EMI but they Ignored.

Now they are blackmailing me & saying will block your account which effect in CIBIL as well Aadhar card also in fact they have to proceed Legal action as they saying & Disturbing me entire my mind as well family life also.

I Tied & got thought about why I am alive. I am ready to pay only what I took. I don't have a plan to pay more interest & bounce charges.

Please do the needful on this sir/madam.

Thanks & Regards
Ajith Talari
Hyderabad
anji.[protected]@gmail.com