Magma Fincorp Ltd — very higher late payment interest and noc not releasing

 
1 Review
Nagpur District, Maharashtra, India
 Mandheer Anand
TO , Date 20/09/11
MAGMA FINCORP LTD
RAM NAGAR , NAGPUR M.H
SUBJECT :- NOC REQUEST LETTER OF VEHCLE NO MH31CR-5101 NAME JASPREET KAUR ANAND
CONTRACT NO PG/0103/C/07/000276

RESP SIR/MADAM ,
THIS IS INFORN YOU THAT I HAVE PAID FULL INSTALLMENTS OF ABOVE MENTION SUBJECT BUT SIR I HAVE STILL NOT RECIVED NOC FROM YOUR END .TODAY I HAVE TAKEN LEGER STAEMENT OF MY A/C BY PAYING TWO HUNDRED RUPESS IN THAT RS 29581 IS OUTSTANING IS SHOWN .I HAVE TOLD THAT THE AMOUNT WHICH IS SHOWN IS OF LATEPAYMENT INTEREST 3% WHICH COMPANY IS CHARGING PER MONTH FROM STARTING AND THEY CHARGING INTEREST ON INTEREST SO SIR THAT IS WRONG I HAVE JUST CLEAR ONE CONTRACT IN HDFC THEY DON’T TAKE INTEREST ON INTEREST I HAVE PROOF OF THAT .ALSO SIR I HAVE PAID LAST 3 EMI THREE MONTHS BEFORE LAST EMI SO SIR I AM A WOMEN SO SIR SEE TO IT THAT I AM NO IT IN A CONDITION TO PAY THAT AMOUNT AND U ALSO KNOW INDIAN GOVERNMENT IS HELPING WOMEN IN SEVERAL WAYS SO SIR I WANT FULL COOPERATION FROM YOUR SIDE AND LET ME KNOW YOUR DECISION AS SOON AS POSSIBLE IF YOU DON’T REPLY WITH IN 7DAYS I WILL TREAT THAT YOU CANNOT CONSIDER MY CASE AND I HAVE GO TO CONSUMER COURT TO SORT OUT MY PROBLEM .

THANKIN YOU ,
YOURS SINCRELY.

JASPREET KAUR ANAND
2,SADODAY TOWER CLARK TOWN
NAGPURM.H.
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    Magma Fincorp Ltd - very higher late payment interest and noc not releasing

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    Nagpur District
    Maharashtra
    India

    Complaint categoryCategory: Loans
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