[Resolved]  Personal Loan — GRIEVANCE OF A GOOD CUSTOMER

Dear sir,

Let me introduce myself as K.Prabakaran, Director ACME NETWORK, I wish to bring to your knowledge that I have awailed a personal loan (Rs.75000/- proposal no.412/90073) from your esteemed finance. Now I would like to foreclose my personal loan on incometax grounds advised by my auditor. I have so far paid 6 EMi's.
The problem has now risen just because of over extra charges levied on me, i.e, though I am ready to pay the principal amount mentioned in the IRR chart, I am asked to pay extra Rs.6145/- stating your company norms.
Here I would like to your kind notice that, I have foreclosed another loan at ICICI bank just paying the principal amount mentioned the IRR chart, this previlege was given for me just for a sake of the good transaction I have had with the particular bank.
As a true customer of your finance, I don't any way deserve the extra amount levied in addition to the principal amount which I am supposed to pay.
I stake this because I have so far availed 5 loans and I have successfully repaid it, in addtion to this, I have introduced about 25 genuine customers to your madurai branch alone. obviously this shows my loyalty towards your finance.
But now it's pity that I have been treated as an ordinary customer. I can here assure you onething, that is, I will again avail this personal loan from your finance after clearing my incometax problems.
If I am again treated in this ordinary fashion, I may have to come out of your Bajaj finance family just sheding all my high regards on you.
Still I want to maintain good relationship with your finance as I have with ICICI bank I have mentioned the details of my previous loans taken from your finance for your kind perusal and favourable consideration.

S.NO PROPOSAL NO LOAN AMOUNT TYPE PERIOD EMI
1. 412/17328 RS.20000/- VEHICLE 12 MONTHS RS.1667-/-
2. 412/31054 RS.15000/- PER.LOAN 12 MONTHS RS.1450-/- 3. 412/32134 RS.30000/- PER.LOAN 18 MONTHS RS.2067-/-
4. 412/33186 RS.40000/- PER.LOAN 18 MONTHS RS.2756-/-
5. 412/90073 RS.75000/- PER.LOAN 30 MONTHS RS.4000-/-

IRR CHART
TENOR 30 RATE 40.16% FLAT RATE 24% LOAN AMOUNT RS.75000/-

EMI INTEREST PRINCIPAL CUM.INT CUM.PRINC. PRINCIPAL O/S
4000 2510 1490 2510 1490 73510
4000 2460 1540 4970 3030 71970
4000 2409 1591 7379 4621 70379
4000 2355 1645 9734 6265 68735
4000 2300 1700 12034 7965 67035
4000 2243 1756 14278 9721 65279
4000 2185 1815 16463 11537 63463
4000 2124 1876 18586 13413 61587
4000 2061 1939 20648 15351 59649
4000 1996 2004 22644 17355 57645
4000 1929 2071 24573 19426 55574
4000 1860 2140 26433 21566 53434
4000 1788 2212 28221 23777 51223
4000 1714 2286 29935 26063 48937
4000 1638 2362 31573 28425 46575
4000 1559 2441 33132 30866 44134
4000 1477 2523 34609 33389 41611
4000 1393 2607 36001 35997 39003
4000 1305 2695 37307 38691 36309
4000 1215 2785 38522 41476 33524
4000 1122 2878 39644 44354 30646
4000 1026 2974 40669 47328 27672
4000 926 3074 41595 50402 24598
4000 823 3177 42419 53579 21421
4000 717 3283 43136 56862 18138
4000 607 3393 43743 60254 14746
4000 493 3506 44236 63761 11239
4000 376 3624 44612 67385 7615
4000 255 3745 44867 71130 3870
4000 130 3870 44997 75000 0



THANKING YOU,

EXPECTING YOUR FAST REPLY

YOURS TRULY
K.PRABAKARAN
DIRECTOR
ACME NETWORK
ACME CAPITAL SERVICES
ACME MANAGERIAL SERVICES
ACME TEXTILE DESIGNERS
ACME STUDY CENTER
ACME TOURS AND TRAVELS
ACME REAL ESTATES
ACME EDUCATIONAL AND SOCIAL WELFARE TRUST