Bajaj Finserv — Personal loan preclosure charges

Address:	Gautam Buddh Nagar, Uttar Pradesh, 201301
Website:	[email protected]

Loan account no: 401SAL03444578

Loan tenure: 60 emi’s

Emi completed: 32 emi’s

When i availed salaried loan from bajaj finance in the month of august 2014, executive told me 4 benefits,

1) nil foreclosure charges

2) part payment facility

3) prompt repayment benefit

4) interest rate is variable but reality is that interest rate is fixed with 15%

Today i foreclosed the loan amount but i was shocked there was a more than 4% foreclosure amount which came around 5500rs. I am really disappointed with this, when i enquired with bajaj finance, they told policy has been changed; I have already deposited rs 157856 against the loan amount 207339 (with 91404 principles component and rs 66452 interest component ) but it's still showing future instalments components rs[protected] principles and 22189 interest component). I need to close it without foreclosure charges and never want/suggest anyone to take loan from bajaj finserv.