[Resolved]  Shriram City Union Finance Ltd — vehicle siezed without any intimation/registerd letter to the owner

I am customer of Shriram City Union Finance ltd and
I had purchased a two wheeler under the company's loan agreement..

Loan agreement no: ISH1TWPUT0569508
Vehicle: YAMAHA ALBA
VEHICLE NUMBER: K.A. 21, K 1654

REG.OWNER AS PER R C : BALAKRISHNA BHAT

My vehicle has been seized by the company personals at Puttur branch at
karnataka, on the Saturday of 8th Nov 2008.

I have not received any Registered notice/ letter with regarding the
the pending installments, or any intimation about the vehicle being seized
by the company. before the seizure of my vehicle.
No one from the company has tried to contact me in advance though they
have my permanent address. They simply lifted off my vehicle from a
parking place. After searching for more than 2 hrs, and at last when I
was about complain at police station, I came to know that its been took
off from the your company's seizers.
I am the registered owner of the vehicle and i have never been contacted
on my permanent address by the company personals regarding the due
payments.
More over, my vehicle has been simply dumped in a shed without any safety,
below the coconut trees.
I have also enclosed the PRE-SALE Notice that the company has issued to me
3 days after the vehicle was 'stolen'. In which, the vehicle reg. number
mentioned doesn't match my vehicle's reg. number.
Please do advice me with my problem..

I am looking forward for your reply.
Thank you

Balakrishna Bhat
Consequences : I had to get through a lot of mental stress because of the
ill-mannered behavior of the company's officials. I got totally desperate
thinking that my vehicle was stolen. Also I had kept many of my belonging
like CDs etc with my vehicle. Company is now telling me to pay extra
charges of more than Rs.14, 000 as penalty, overdue interest, seizing
charges, etc etc.
I cannot afford such a huge penalty charges.I am customer of Shriram City Union Finance ltd and
I had purchased a two wheeler under the company's loan agreement..

Loan agreement no: ISH1TWPUT0569508
Vehicle: YAMAHA ALBA
VEHICLE NUMBER: K.A. 21, K 1654

REG.OWNER AS PER R C : BALAKRISHNA BHAT

My vehicle has been seized by the company personals at Puttur branch at
karnataka, on the Saturday of 8th Nov 2008.

I have not received any Registered notice/ letter with regarding the
the pending installments, or any intimation about the vehicle being seized
by the company. before the seizure of my vehicle.
No one from the company has tried to contact me in advance though they
have my permanent address. They simply lifted off my vehicle from a
parking place. After searching for more than 2 hrs, and at last when I
was about complain at police station, I came to know that its been took
off from the your company's seizers.
I am the registered owner of the vehicle and i have never been contacted
on my permanent address by the company personals regarding the due
payments.
More over, my vehicle has been simply dumped in a shed without any safety,
below the coconut trees.
I have also enclosed the PRE-SALE Notice that the company has issued to me
3 days after the vehicle was 'stolen'. In which, the vehicle reg. number
mentioned doesn't match my vehicle's reg. number.
Please do advice me with my problem..

I am looking forward for your reply.
Thank you

Balakrishna Bhat
Consequences : I had to get through a lot of mental stress because of the
ill-mannered behavior of the company's officials. I got totally desperate
thinking that my vehicle was stolen. Also I had kept many of my belonging
like CDs etc with my vehicle. Company is now telling me to pay extra
charges of more than Rs.14, 000 as penalty, overdue interest, seizing
charges, etc etc.
someone pls advice me with the issue..
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Yamaha — Not received loan number and any aggrement letter.

Dear.

I am also family member of ICICI bank. and before 8 months i have purchased one yamaha bike on finance from ICICI Bank and now i am paying my installaments regularly. But the issue is this that till now i have not received any loan number or any aggrement paper from your side and i have informed the samething to that dealer as well as your Helpdesk but no body is ready to listen the same. i dont know why they are not listening to me. I belive it should not done with your family member So please kindly look in to this matter and try to provide me assistance related with same . Because ICICI bank always say Hum Hain Na..
please contact me its urgent
please contact me its urgent. my contact no. [protected], [protected], my vehicle no. DL8SAQ4915
i haD a loan account numbering PTL00535 with ur finance company for the purchase of a sony wega television ON 24.10.2006. all my emis have been paid in full, the last being on[protected]. the .but i have not received the NO DUE CERTIFICATE yet. inspite of the regular reminders to ur representative here at nabha, no reaction has been done from side.its worth wondering that why my N.D.C. has not been sent. i again urge u to send me the certificate at my e-mail address. so that i could have some proof of the full-repayment & oblige.
i haD a loan account numbering[protected] with ur finance company for the purchase of a samsung refrigerator 18.06.07. all my emis have been paid in full, the last being on 20.05.09. .but i have not received the NO DUE CERTIFICATE yet. inspite of the regular reminders to ur representative here at nabha, no reaction has been done from side.its worth wondering that why my N.D.C. has not been sent. i again urge u to send me the certificate at my e-mail address. so that i could have some proof of the full-repayment & oblige.
RESPECTED SIR

I P.SATISH KUMAR TAKEN TWO WHEELER FINANCE IN YOUR GROUP IN THE YEAR 2007 ENDING IT IS ALSO A ASSUMED YEAR. AFTER THAT I PAID 4 INSTALMENTS AFTER THAT DUE TO THE MISUNDERSTANDING WITH COMPANY I LEFT COMPANY AND THE VEHICLE IS HANDED OVER TO THE MANAGEMENT. BUT AFTER 18 MONTHS YOUR PEOPLE APPORACHED ME TO PAY 77000/- OR TO HANDED OVER VEHICLE. WITH A POLITE MANNER I ASKED THEM TO GIVE 4 DAYS TIME TO TRACE OUT VEHICLE AND FOR FINAL SETTLEMENT TALKS. NOW I BROUGHT THAT STOLEN VEHICLE BY PAYING RS.18000/-. NOW YOUR PEOPLE HARSING ME TO SURRENDER VEHILCE TO PAY RS.77000/-.. RIGHT NOW IT IS NOT POSSIBLE HENCE YOU ARE REQUESTED TO JUSTICE ME
I have purchased one yamaha bike with full paid in sandeep auto alambagh.But the issue is this that till now i have not received the RTO number.The distributer says that extra charge of mony for the paper. When i full paid of this bike but why of any other charge ! . So please kindly look in to this matter and try to provide me assistance related with same.
hi this is satheesh kandepu my cell phone number is-[protected], [protected]@yahoo.com. i am thinking i want to change my bike i want to take cbz x treame in sriram finance before one of my relative took the vehicle in the same finance so if it possible ple call me from concern department, , , , ,

profession--- job in religare securities ltd,
salary[protected].2 L ctc
hyderabad, kukatpally, married, rental house,
Hi All,

To avoid such kind of things, please try to pay the instalment on time - so that this will not happen and inturn you will have a right to ask the bank(also demand if needed).

If you are not in a position to pay the money on time, try to convince the bank and ask them for some time to make the payment. By this we can avoid such kind of things.

Thanks & Regards,
Srihari Menon. K

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    India
    File a Complaint