Address: | Bangalore, Karnataka |
No Response from Kotak even after sending a e mail
This refers to the loan taken from Kotak Mahindra purchase of my second hand car (Maruthi Swift - 2007 Model) from Toyota Trust, Bangalore.
Car purchase was finalised for Rs. 3,70,000/-. I had made the down payment of Rs. 80,000/-. Balance amount of Rs. 2,90,000/- I had opted to take loan. As per the discussion had with Toyota Trust during the purchase of car, they had promised me to give the interest of 15% reducing or 10% Flat for the loan amount of R.s 2,90,000/-
Unfortunately, the agreement copy was delivered to me very much late. But when the loan agreement was received, I was surprised to see that a flat interest charge of 20.8% was charged on me. This is pure cheating. Never expected this from a trusted company like Toyota Trust or Kotak Mahindra Prime.
Request your help in resolving the issue.
Loan agreement details:
Kotak Mahindra Prime
Agreement no: CF-6813425
Agreement date: 31/03/2011
Loan Amount: Rs. 3,03,775/-
Thanks and regards,
Pradeep Kumar M
[protected] Was this information helpful? |
We apologize for the inconvenience caused to you. Our team has made a note of your concerns and will contact you shortly. If you have any other queries regarding this issue, please write to service.[protected]@kotak.com.
Regards, Kotak Support Team