Magma Fincorp Ltd — Magma submitted my cheques after loan termination without my authorization

 
1 Review
Kochi, Kerala, Ernakulam District, Kerala, India
 alexka8083
Customer name: alex k a ( kadeparambil antony alex)
Magma fincorp ltd, kochi

Contact number : [protected]

Loan number/ proposal number: pg/0119/c/13/000400

Dear sir,

Here is my vehicle account details:
Registration number: kl 43 g 8083
Vehicle: eon dlite +

I had taken a loan from magma fincorp ltd, kochi, kerala and i was unable to pay the last few installments due to my poor financial condition. I had then surrendered my vehicle kl 43 g 8083 to magma fincorp ltd, kochi, kerala. The vehicle was then sold to another person and i was informed by magma that i would receive my cheques to my address in post. I still have not received my cheques.I only have received my finance termination letter.

After a very long time, i have received a letter asking me to pay the balance amount for kl 43 g 8083.

I have attached documents alongwith this mail as reference . Please reply urgently. You may contact me at anytime on [protected] or mail me for any further queries.

Magma fincorp has cheated me by not sending me my cheques and then submitting my cheques to the bank without my authorization for a vehicle which is not even in my name now . That vehicle has been sold off to another person by magma afteri had surrendered .

Regards,
Alex

Magma submitted my cheques after loan termination without my authorization
Magma submitted my cheques after loan termination without my authorization
Magma submitted my cheques after loan termination without my authorization
Magma submitted my cheques after loan termination without my authorization
Complaint comments  Add a CommentShare0Tweet0

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    Your Rating (1 star is bad, 5 stars is good)
    code
    Magma Fincorp Ltd - Magma submitted my cheques after loan termination without my authorization

    Contact Information

    Kochi, Kerala
    Ernakulam District
    Kerala
    India

    Complaint categoryCategory: Loans
    Website:
    Add Company Information