[Resolved] Tata Motor Finance — THE CO. IS DRAWING EXCESS PAYMENT

[Resolved] Tata Motor Finance — THE CO. IS DRAWING EXCESS PAYMENT

M MEENU AGARWAL from Shahabad, Haryana

I took a loan from Tata Motor Finance Jhansi for the purchase of a bus in March'07. The took advance cheques from me. The term of the loan sheduled upto Feb.'09. I had a deal to sell my bus in June '08 I went to their Jhansi office and the manager asked me to make entire payment pre-matured. I made the payment of Rs. 189000/- as per advice and asked for NOC but since then they are befooling me and instead of giving NOC they are presenting cheques and drawing money from my account and so far they have drawn more than1.5 lac from my account. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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deepakmishra

from Indore, Madhya Pradesh

sir iam d.s.a tatamotors finance my d.s.a is aastha finance in jabalpur mp branch but my code is stop why . not clear branch jabalpur. pleass clear sir.
thanks.
deepakmishra

scotkw

Tata Finance are known to be lax in their processing. But solely because it is beneficial for them. There are cases where they have deposited cheques at odd dates and times and for this they have penalised the end user. Ask them or point them their errors, you will pay for it more. They will profit out of their mistakes so I guess they are encouraged to make such mistakes.