[Resolved]  Indusind Bank - Ashok Leyland Finance — Non Return of Documents

Respected Sirs,

My Brother Mr. K.Thangavel lives in Pollachi town with PIN code 642 001, Coimbatore District, Tamil Nadu, took an Auto loan from Ashok Leyland finance of Rs. 1000000 in Feb 2006, to buy a Ashok Leyland 10 wheer truck. He agreed to repay the loan in 47 EMIs. Now he has completed all 47 EMIs. .
Since he completed all his dues related to the loan, he went to Ashok leyland finance branch office in Pollachi town to collect all related documents . But the local officials in the pollachi branch refused to hand over the documents and insisting him to pay Rs 1502 related a pending insurance which he is not aware of. They did not inform anything about this pending money for all these 47 months. Now they asking him to pay this amount with interest for 47 months and also giving bad execuses like the documents got stuck in chennai office etc.

This is a cheap tactics applied my this finance company to loot an uneducated poor truck owner. My brother pleads that he was not informed about his pending amount by the officials, or the representatives who collects EMIs at any time during last 47 months.

I request the concerned authorities to take action on this company and also help my brother to collect his documents.

I have given the details below.

Loan Account Number : 223
Branch office Address: Ashok Leyland Finance, Venkatesha Colony, Pollachi
Truck Number: TN 41 Q, 1177


Thanks

Regards,
Mohan