Cholamandalam Finannce — car loan settlement-loan account no:xvfpkas[protected]

Address:

400011

Dear sir,

I have car loan from cholamandalam finance since february 2017. Now i am unable to pay more emi and i want to settle this amount. I want to close this account on settlement basis. As i am in very bad situation because of ola and uber business system. I want to settle this account asap.
As i have already spoke with mr. Kumar and he told me to speak directly with your branch manager and after that he was connected my line to mr. Nishant at kasturi branch-fort. Mr. Nishant told me that you have come to the branch and then we will talk on this subject. He also told me that surrender your car if you are unable to pay. My question is that if i have already paid so much interest so why should i will surrender this car. I have already paid 175630/- with interest.

But as i have already mention my problem that because of business loss i am paying this emi from my pocket and now i am not able to pay further emi and i want to settle this account by paying in 1 time basis. My relative is ready to give some amount to pay off this loan.

I request to you that please give me calculation on the basis my account. My total outstanding till date is 320000/- and i will ready to pay 200000/- if you will allow me on the basis of settlement.