[Resolved]  Bajaj Auto Finance Ltd — NOC not issued

Address:

Chennai, Tamil Nadu

NOC for my vehicle TN07AA7774 not yet received. There is no actual due in my loan account with Bajaj auto finance but they have unnecessarily charged me penalty for no fault of mine and because of this they have not issued NOC. The reason for the penalty being charged was no fault of mine. Bajaj auto finance failed to submit my EMI cheques for 6 months for payment. Later when I voluntarily informed them that the cheques were not presented for payment, they immediately presented the old cheques together and as a result there was dishonour of one of the cheque. So for this they have charged me penalty which I disagree to pay because it was no fault of mine. Bajaj auto forgot to deposit the cheque and I informed that they had been missing the payment. But they are charging the penalty for this which is attrocious. Therefore request you to arrange the NOC without any penalty charges.

The vehicle was bought on 01/08/2003 and the loan got expired in 2005. But still they havent issued the NOC.