I took a loan from Bajaj auto finance for the Bike pulsar 150 twin disk edition
Loan financed 101000
Emi started month-Jan 2020.
I took a 36 months EMI plan.
I didn't pay 5 EMI from April 2020-August 2020.
I applied for a moratorium for 2 months (I guess July and August).
When looking at the payment schedule for the 5 months of non-payment, You have raised 10 months(47 months) .So I've to pay 5x3782=18910 more. Why should I pay 18910 more ?.Even they put interest 22.15 % . Which is so high .I've never seen any bank or NBF Put this much interest rate.
For 101000 loan amount, I've to pay 151502 to closure. which is totally unfair by Bajaj auto finance.
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