[Resolved]  Bajaj Finance / Tmc — ECS clearance made for two assets through purchased single asset for the said amount in excess

Address:Hyderabad, Andhra Pradesh

Bajaj Fiannce Aggreement No.[protected]
Asset purchased: SAMSUNG (H/TZ110)
PLACE: TMC ABIDS, HYDERABAD

I purchased above mentioned asset costing Rs.48000/- under exchange of Color TV 21" less Rs.2900/- and down payment made Rs.8,300/- vide R.No.1345 dt.20/10/2008. (There was offer of free HOME theater along with 10 DVD pack but not received DVD pack at all).

My complaint is that The remaining amount of Rs.36,800/- was financed by Bajaj Auto Finance, Hyderabad. Supposed to be deducted in Rs.1600 x 23 Instalments (EMI 30-7)

Whereas deductions made through ECS from my ICICI Bank account in two ECS for Rs.267/- ( in 23 instalments Rs 6141) and Rs 1333/- (in 24 instalments Rs. 31992).
The Bajaj Finance issued closure letter for Rs.1333/- deducted in 24 instalments + showing Advance EMIs Rs. 7998/- (Incorrectly) actually payed total amount worth of Rs.[protected] +2900 U/E of TV).

The Bajaj Auto finance should give me clarity about the receiving ECS for Rs.267/- in 23 instalments for what asset, and must ensure that asset is delivered to my door without hesitation and TMC Abids, Hyderabad should give clarity about my Old color TV 21" and why they have charged amount through finance ater handing over that asset worth Rs.2900/- (but it was worthwhile more than that).

Regards

Rajeshwar Reddy Teegala
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Aug 13, 2020
Complaint marked as Resolved 
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Comments

Must provide clarity for receiving Rs.267/- and for which asset it was collected. Also TMC must deliver that goods if so. TMC must be either pay the deducted amout through Bajaj Finace worth Rs.2900/- or return his old color TV (working condition)

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