Bajaj Finserv — Forclosure charges applied

Address:

Thane, Maharashtra, 400602

I am foreclosing Loan No.4055PL22276817 but was shocked that they are now going to charge me 4.60% for repayments. They have proposed NIL foreclosure charges after 3 instalments and I am repaying after 3 instalments. Please resolve the issue or I have take the matter with SEBI. They have informed me that with effect from 01.06.2016 they have changed their policy to charge on foreclosures. This should not be applicable for existing customers as you have already made an agreement with them and have made the agreement with the customer. How can you go back on your words. This is totally unfair and wrong business practise. Please explain and call be back at [protected] at the earliest.