Mahindra Finance Pvt Ltd — Car loan settlement

Address:

Nashik, Maharashtra

Sir/Madam,

I Mr. Arun Punja Zankar had a Maruti Astar which was financed with Mahindra Finance. Last year in 2011 my car had victimed to an accident and the said vehicle was total loss by the Insurance Company M/s Iffco Tokio general Insurance Co Ltd.
As per the agreed terms of settlement by the nashik office it was agreed mutually that the settlement of my finance will be at Rs.290000/- as the comany was paying rs. 250000/- the said amount in total loss. and so i deposited in cash Rs.40000/- in the nashik branch office. there was a delay of 2 months for the insurance cheque and now the cheque has been received. I went to the Mahindra office now they are saying to pay them Rs.275000/- and the money which i had deposited with them, has been considered in the interest amount.

If they had agreed for the full and final settlement at that time and also had agreed that when they receive the cheque we shall settle the finance amount why are they charging such a huge amount if i have acted as per their will.

Now i dont have any money as i m a farmer living in the village and as there was a death in the accident i had overdues to pay to that person while he was in the hospital.

please help me to settle the finance amount as as per their mutual consent they had earlier agreed to wave off the interest amount and pay only the amount which was taken as loan.

I beg you to do the needful and save me from the clutches of thease monsters.

I with the help of mr Suraj is mailing you this mail

thanks


Arun p zankar and Suraj

Contact no [protected]