| Address: New Delhi, Delhi |
Innocently I have already availed the SALARIED PERSONAL LOAN from Bajaj Finserv.
Amount:2, 00, 000/- to be repaid in 60 months. (telling that min. loan amount is 2 lacs)
Disbursed amount: Rs. 1, 92, 184/- (this really pissed me off with so much reduction)
Like Mr. sagarp_21, they told me that I have to take INSURANCE for Rs. 24, 132/- which they said is the minimum. Out of compulsion, I avail the loan.
Now, after 5th instalment, I am planning to pre-close my LOAN & they told me to pay the OUTSTANDING PRINCIPLE with BALANCE INSURANCE PREMIUM, which is ridiculous. Pre-closure total Amount Payable is Rs. 2, 14, 158.88/- which is even more than the loan amount of 2 lacs. This amount is arrived after paying 4 instalment amounting to Rs. 22, 000/- (approx.).
Kindly advice me to proceed.
Thanks & Regards
L'Minlal B
EIL, New Delhi
[protected]
Aug 14, 2020
Complaint marked as Resolved
Bajaj Finserv customer support has been notified about the posted complaint.
Thank you for sharing your contact 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