Bajaj Finance Ltd — Inconvenience caused by Bajaj Finance

Hi,

I had purchased a desktop in 2006 with finance from Bajaj finance. I had given them 8 post dated cheques of which only the 1st & the last were submitted & cleared from my bank account.

I realised of this when I tried applying for a personal loan & the loans were getting rejected. Frustrated, I finally contacted one of the banks who had rejected my loan & asked them for the reason. They said my name was on the CIBIl because I had some loan pending.

When I contacted Bajaj finance with this complaint, they said 2 cheques are pending & not cleared & sent an executive to my place with a letter that they had lost the 2 cheques when they shifted their office (THIS WAS NOT COMMUNICATED TO ME). I paid for the two cheques & asked them for a clearance letter. They declined this after a month saying that not all instalments were paid. I checked my bank accounts & realised that the rest of the 4 cheques were also not cleared. I am now trying to contact them so that I can pay the pending amount & get my name of the CIBIL to avoid any future rejections of loans & Credit Cards. But they are still not interested in collecting the money & give me the clearance letter.

This process is going on from September 2008.

Is Bajaj Finance an help to the consumer or an harassment? The people in Bajaj Finance don't seem to be interested in the amount. But I don't want any bad remarks against my name.