[Resolved]  Bussan Auto Finance India [BAF] — Fraud on loan amount

I have brought a r15 bs6 bike which costs around 174000 and over all final rate was fixed with 176000 and i have paid 101000 as down payment and remaining amount of 75000 i have opted for emi.. Or loan.. But the employee said that my emi will be 7500 per month as 12 months and that too for 75000 of loan amount and i said ok with it and after few days i got a message stating that my loan was approved for 81000... The employee has cheated me of 6000 rs.. Now iam playing unnecessarily extra money.. Very cheap character employees
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Aug 8, 2021
Complaint marked as Resolved 
Bussan Auto Finance India [BAF] customer support has been notified about the posted complaint.
Verified Support
Jun 18, 2020
Bussan Auto Finance India [BAF] Customer Care's response
Dear Customer

Kindly find below mention calculation of your loan down payment.

On road price 1, 76, 374.00
Loan Amount (On road price- Margin Money) 81, 000.00
Margin Money 95, 374.00
Processing fee (2%) 1, 620.00
RC Collection/ECS Charges 826.00
Documentation charges 295.00
Loan shield 981.00
Stamp Duty 50.00
Total 99, 146.00
 
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    Bussan Auto Finance India [BAF] Phone
    +91 80 4354 9112
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    10th Floor, Ashoka Estate, 24, Barakhamba Road, New Delhi, Delhi, India - 110001
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