Bajaj Finserv — Sub: regarding revised interest rate and pre-closure charges..

Address:520002

I dr. n. krishnakanth, managing director, durgabhavani hospitals pvt. ltd., vijayawada,

Had availed loan (lap) with a/c no-409 lap 13648336, dated on[protected], for rs. 6, 20, 34, 200/-.

We had an agreement dt. on[protected] and in that we had clear understanding between us that

1. there will be no pre-closure charges /part payment charges.

2. rate of interest will be 11.50% diminishing, for tenor of 180 months.


We have recieved a letter from bfi, stating that there will be hike in roi to 11.75% and imposing pre closure charges, which was not there earlier as per the understanding made between us and bajaj finserv at the time of availing the loan.

We deeply condemn and oppose the policy o[censored]nauthorised hikes in roi and so we kindly request you to intervene in the matter of hike in interest rate and also imposing pre closure charges.

We also request you to look into this matter seriously and we seek your intervention in this matter in the interest of justice.

We expect a positive result from you.
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I have similar issue, I had taken on Mar 2015, now I'm requesting for Part payment they are asking 2.5% extra on any part payments, this is cheating, if they have changed policy then it should not be applicable for existing customers.

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