[Resolved] Kotak Car Finance — Harrasment | |||
I applied for a loan for a Honda City Car VAT in May 2010 and got approved for 85% of the amount. So I went and paid the advance of 50,000 and booked the car.I am working in a company in Hyderabad, I had to go to US on some assignment.Thats when the loan agents started giving us lots of problems. They told me if I leave India then they cannot disburse the loan. Even after repeatedly pleading with them that this is part of my job responsibilities that I travel different countries, they started harrassing us. I also informed them that my base is in hyderabad and that I will be paid in indian currency only. I even asked them to inquire with my employers. After 3 months of going thru the stress of applying for the loan, they have been treating us like beggers.Subsequently they harrased me and my family so much that we had a file a complaint at Mumbai office. When they came to know of the complaint , they became threatening. I would like to file a law suit against them. I would be grateful if anyone , gives me advice on this. Thanking you PN Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 2 Comments | |||
Comments
Have experienced the same with KMPL. They asked me to come to the branch and pay 1100/- for a statement of account!!! Other banks give this for free. I requested them to email it - they refused - this is unbelievable.
My account is closed now but they did not update the CIBIL records, so I was having a lot of trouble. When I requested for a duplicate NOC, they asked me to pay some 1000 bucks, visit a branch (they have only 1 branch in NCR which is about 50km from my house) and sign an indemnity after printing it on stamp paper to get an NOC. I am shocked, other banks give you NOCs without any trouble or charges. I have had a totally disgusting experience. Stay away from them
My account is closed now but they did not update the CIBIL records, so I was having a lot of trouble. When I requested for a duplicate NOC, they asked me to pay some 1000 bucks, visit a branch (they have only 1 branch in NCR which is about 50km from my house) and sign an indemnity after printing it on stamp paper to get an NOC. I am shocked, other banks give you NOCs without any trouble or charges. I have had a totally disgusting experience. Stay away from them
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27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India - 400051
Rs 550/- for a print out is day time robbery...
Please do not use this car finance company..