[Resolved]  Shriram City Union Finance Ltd — Invalid calculation

Respected Sir/Madam,

I have recently bought an Start City Bike from Pondicherrry J.KAY TVS on 29.6.2009the total amount is Rs37710. WE paid Rs 11270 and then the remaining amount we applied from the finance for 26440 from SRIRAM CITY UNION Finance Ltd - Pondicherry(100 feet road branch). They got their documents signed and went through the procedure at the earliest without explaining. They got 20 cheque leaf for Rs 26440 the rate of interest is 10.5% we have to pay RS. 1765/- for 20 months(10 Indian Bank cheque leaf and 10 UCO back cheque leaf). They did nt even explain the details about the documentation and we trusted them. Now when found there is a problem with the calculation we contacted them in person and asked about the problem their response is really hurting as we are suppose to check that at the time of the documentation. Once the it is done we are not bothered and all the documents ant the proof as been sent to the main branch and we will cannot do anything. They tell it is our mistake and tel us to be careful before doing all the procedure does it mean once the consumer found that they are cheated they re not suppose to bother about the money. They even not responding properly even not with any basic courtesy.This how the sriram finance works and ruining the money of the customers. I request you to take action against them and file a legal action and make our problem resolved. Below I have listed the calculation.
Total amount of the bike = 37710
Paid to the JKAY tvs = 11270
Balance = 26440

WE applied for finance = 26440
10.5% = 4627
Total amount we have to pay is = 31067
20 check leaf = 31067/20= 1553.35

Invalid calculation made by them = 1765*20 = 35300.00
Original calculation = 1553.35*20=31067.00
Document charges = 1000.00
Amount they cheated us = 3233.00

Please check the above information and file a legal case against them and they have to do a compensation for making this much worries and making us feel that we got cheated by them.

Company Name: SRIRAM CITY UNION FINANCE Ltd
Branch : 100 feet road branch - Pondicherry
Agreement no : 16608


We furnished our personal information below:

Name : Samson Dhanraj
Place : pondicherry.
Phone:[protected]

Regards,
Samson
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Aug 14, 2020
Complaint marked as Resolved 
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Respected sir, /madam
i have bought the new bike through shriram city union finance limited, ankapalli (branch), visakhapatnam(Dt.), Andrapradesh(state).
my agreement No: 5082.
I have paid all the installment and my loan was cleared.
i was clearing my loan on[protected] and my last installment clearance receipt No:[protected] .
After complete my transactions to shriram city union finance limited, i was asked clearance certificate( no due ) to branch manager, but he is dragon to give the No due Certificate. I am attend the shriram office at least 10 times but still i didn, t.

Please check the above information .

Company Name: SRIRAM CITY UNION FINANCE Ltd
Skuf- Branch Manager,
Branch : ankapalli branch - visakhapatnam(Dt), andraparadesh(State) Ph:[protected], 224628

Agreement no : 5082


We furnished our personal information below:

Name :G.jayaram, Civil Engineer,
Place : Chodavaram- 531036
Phone: [protected]

Regards,
Jayaram
hi,

This is yesu, my two wheeler loan A/C # CTWQJAYB 0000067 they have sended an SMS for the Cheque Clearance for the month July2010 which is the final month of EMI, but upto this time the Cheque have not come to my Bank account. today i went to the wilson garden M/s Sriram finance Branch to ask about the details.your executive is not reponing well with the customers, simply if they tell me to pay the loan amount, who will pay that please, if i pay they will give back the last cheque to me please. now i want know about my loan which to be ended in last month only


this is my mobile # +[protected]
how many rs for document charge for tata ace in sriram finance
rs.1, 70, 000 loan is sanction for tataace auto in sriram finance .how much the document charge amount
dear sir,
i paid my bic payments completely.but company not surrendered my r.c book and no objection certificate.
opportunist is not a good company principle,
i[censored] full fill my quiery then i am ready to pay my due amount in personel loan
LOAN NO.NRPLAHR09P01381
K.NOORUDDIN
D.NO.13-2-170
R.C.NAGAR EXT.
ANANTAPUR

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