[Resolved]  Fullerton India Credit Company Limited — Misleading regarding Loan & Harrasment

Dear Concerned,

I would like to inform to all of you that i had taken a loan of Rs. 40,000/- from Fullerton India Branch Jessore Road, Kolkata in the month of March,2009 . The branch manager & the sales personnel totally misguided me & didnot disclose the details regarding the repayment Schedule for the same. When i asked for it they said that it will be sent to me along with the Loan Cheque. But i didnot receive the same at the time of receipt of the Loan cheque. When i enquired with the sales personnel Mr. Ujjawal Goswami, he said that it will be mailed to me within a week. Moreover the Loan Cheque was of amount 37,999/-. They had deducted such a huge amount as processing fee & other charges. I had paid the EMI of Rs.2167/- for the six months without receiving the repayment schedule. i had rigrously followed for the repayment schedule to the branch but they didnot bother to send me the same. This EMI was deducted from my account on 5th of every month. After paying 6 EMI's, i called to the person directly and said that if i dont receive the schedule by 6th of Sep,09, i will be forced to stop the EMI. Then on 7th he mailed the repayment schedule seeing which i was totally shocked that i had an outstanding of 39,854/- even after payment of 6 EMI's. I talked with the Branch manger but he didnot respond well. I asked him to close the laon and tell me the final amount to be paid. But for the past seven months i have not received any response from their side. Few days back some persons came to settle the amount with me & i also agrred on the same. But they are not returing me the required document which i gave at the time of taking the loan. Further after understanding with them they are presenting my PDC's which has got bounced. I am being harrased by these people. Kindly help me out of this.

Abhijeet.