Sir/Madam, I have purchased a Honda activa 6G from Sharayu Honda Showroom, New Panvel on 9th May 2022.
I was given a quotation of Rs. 91000. So accordingly, I paid Rs. 50000/- in cash and applied for loan of remaining amount i.e. Rs. 41000/-.
Showroom has processed online for the loan and the loan has been sanctioned from L & T Financial services. Loan Account No. is T[protected].
However, when I received my loan documents, the agreement has wrong information regarding the vehicle, loan amount and the EMI amount as follows
1. I have purchased Activa 6G but in the loan documents it is mentioned as Activa 125 Disc BS VI
2. I have been given quotation of Rs. 91000/- but cost of asset as per loan documents is Rs. 107, 488.27.
3. I have paid Rs. 50000/- in cash and loan of only Rs. 41000/ has to tb processed but as per loan documents loan amount is shown to be Rs. 47, 580.00.
4. EMI amount is as per Rs. 47580 and not 41000. So it must be reduced.
5. If Processing fees and other fees depend on Loan amount, these amounts must also be changed.
Please find attached the Welcome letter by the Finance company and take the necessary actions as early as possible before deduction of my 1st EMI. Was this information helpful? |
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