[Resolved]  Shriram City Union Finance Ltd. — NO COMMUNICTAION, NO INFORMATION GIVEN TO ME

HI!

I've taken a loan of RS 51, 000 from SHRIRAM CITY UNION FINANCE LTD in Visakhapatnam on 25/02/2008 for purcsasing a laptop. I've submitted xerox copies for proof of residence and bank statement and signed photographs of me. They took 9 checks with out payee a/c no. for RS 4250 each and down time payment of RS13500 was made on 25/02/2008.Loan was suppose to end in december 2008. I faced inconvienence beacuse of the follwing factors.

1) No terms and condtions told to me.
2) No loan documents are signed by me.
3) No loan account no. given to me.
4) No branch office was given to me, no communication address / contact no. given to me.
5) No communication from them after 25/02/2008
6) checks were drawn irregularly from my bank account so some checks were bounced.
7) some times two checks drawn on the same day.
8) I made my last payment in december through a collection agent.
9) Still two payments were left to be paid because check bounces.
10) No communication from them after december and I was left with two more payments to close the loan. On 13/08/2009, I got a demand letter from them to pay RS.9832 + check bouncing charges + interest for 8 months.( total = RS 14000)
11)lot of time wasted
12) lot of mental tension.

It is on 13/08/2009 I came to know about the loan a/c no# and branch office for my account.
LOAN agreement no. ISNRCDGJ/02468/08
ADDRESS:
Shriram city finance Ltd.,
1st floor, D.V.S.N Plaza, Gajuwaka,
Visakhapatnam - 530026
cellno: [protected], [protected],
Phone no:[protected]

I approched Manager at the above said office to make my last two payments for RS 8500. I've agreed to pay RS 10, 000. They refused to take the money and demanded to pay RS 14000 other wise they will file a case and I've to pay the case filing charges as well. So I want you respond to me at the earliest and close my loan account as soon as possible.

I'm willing to pay RS 11000 instead of Rs 8500. Please take action against the company for fraud and cheating. My time is wasted, I could not concentrate on My Exams starting 17/08/2009 which is a huge loss to me.