[Resolved]  L&t Finance — Non payment of interest on the excess payment taken against pre-closure of vehicle loan.

I have purchased vehicle from the L&T finance Ltd. through my office.
The pre-closure amount for settlement of loan was informed by the company and say X amount is taken from me for NOC.
Later on, on rechecking, the final amount was less than the accepted amount, say Y..
The difference of Invoice value against payment collected by finance company was supposed to be returned by the company, immediately after finalisation of account ; which was not informed earlier.

Now, after asking for the refund of difference amount X-Y is being returned by the company without
any interest.
Please let me know, if I am eligible to get the interest on the refund amount; which was with the finance
company for more appox. 3 months; after encashment of cheque for X amount by the finance company.

Please advise and revert.

Thanking you in anticipation.

(VINOD B. HEDAOO)
Mobile: [protected]
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    L&T Finance
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    46%
    Complaints
    1064
    Pending
    0
    Resolved
    492
    L&T Finance Address
    L&T Financial Services, N.M. Marg, Ballard Estate, Mumbai, Maharashtra, India - 400001
    View all L&T Finance contact information