[Resolved]  Capital First — Force closure amount higher than the remaining emi's sum

Address:Ghaziabad, Uttar Pradesh, 201012
Website:www.capitalfirst.com

Hello Team,

I had taken a Two wheeler Loan from Capital First for One year. I want to close this loan before the Period of One year. They had given me the Force closure amount of INR 22, 844.93 Rs./ . While there are 5 EMIs(4537 Per onth) remaining and if I sum UP the Remaining EMIs then I will pay INR 22, 685 Rs./.

In this way they are charging me more than Interest + Principal. I want your Help to please sort out my Issue as they are not supporting me in this case.

+++++
Foreclosure of TWO WHEELER LOANS Account Number : 5413804
Foreclosure Amount: 22, 844.93

EMI Per month : 4537
Remaining EMIs : 5
+++++

Regards,

Rahul Dwivedi
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Oct 21, 2016
Complaint marked as Resolved 
Capital First customer support has been notified about the posted complaint.
Verified Support
Sep 20, 2016
Capital First Customer Care's response
Dear Mr. Dwivedi,

This is with reference to your concerns regarding foreclosure letter.

Further to our telephonic conversation, we have sent you the final response to your email address [protected]@live.com (email id masked for security reason)

Assuring you of our best services always.

Regards,
Capital First Limited
Complaint comments 

Comments

Sir my self ABDUL MAJEED SURVE i have been taken loan from you bank for my bike i has complete it loan a the one installement has taken more as the following installement

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