[Resolved]  Bajaj Finance — ROI on Fixed deposits

Address:Pune, Maharashtra

I have deposited Rs. 1 lac for fixed deposit vide your FDreceipt no 16331 dt 21.08.14 for one year & the FDR mentioned as maturityamount ( with cumulative interest ) as Rs. 109250 at 9.25% ROI. As per my opinion, the cumulative interest for one year at9.25 % comes to Rs. 9576 & not Rs. 9250 which is mentioned in your FDRwrongly. ( lesser by Rs. 326) The ROI after cumulative option comes to 8.945 % Please confirm the correction & send me revised FDR at the earliest. Ashutosh Tilve cell - [protected] e mail - ashutosh.[protected]@thyssenkrupp.com
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Sir/ Madam.

Thank you for sharing your details. We have already initiated the process of resolution of your query. You shall hear from us asap. During this time, should you wish to contact us, please write to us on [protected]@bajajfinserv.in mentioning your Loan Account Number in the subject.

With regards,

WeCare
Bajaj Finserv Lending
Dear Sir,

Your FD number 16331 for an amount of Rs. 10000 has been booked on 21st Aug 14 for a period of 365 days at an ROI of 9.25%. This FD matures on 21st Aug 15. Interest calculation is as below:
Rs.100000 (Principal Amt) * 9.25% (ROI) = Rs. 9250
Please note interest is calculated for 365 days.
For any further queries please write to us on [protected]@bajajfinserv.in.

With regards,

WeCare
Bajaj Finserv Lending

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