GUNTUR, Date:[protected].
To
Sri AlA Y BHARA TI, Asst. Vice President, Customer Services,
SBI Credit Card Division, P .B.No.28, .
GPO,
NEW DELHI-I10001.
Respected Sir,
Sub:
Redressal of grievance with regard to availment of loan and preclosure
of loan account on credit card-Levy of fore closure fee & interest on
¬
higher rate instead of rate fixed on the date of sanction of loan i.e. 10¬
10-2007-Requested-Regarding.
Ref:
Card No.[protected].
* * *
As per the stress and frequent visits of your Customer Service Associates, I have availed loan to a tune of Rs.25, 000/- on[protected]. As per the EMI fixed for repa~ent ofloan @ Rs.1218.75 per month in 24 installments (principal Rs.25, 000/¬+ finance charges on credit Rs.4, 250/- = Rs.29, 250/-) vide your statement dt. 19-10¬
2007.
As per your directions I have regularly paid the said EMI payment upto 12/08 vide 14th installment payment (14/24) cheque No.362171 dt.[protected].
Subsequently, I have decided to repay the entire outstanding loan amount of
Rs. 1 0, 417/- and paid Rs.I0, 417- through cheque No.362172, which has been reflected in your statement dt.[protected].
Even though I have cleared the entire outstanding loan amount and nothing is outstanding, YQU have shown in the statement dt.[protected] that Rs.l, 327.89 is due from me. It is really astonished to state that you have levied foreclosure fee of
Rs.3411- and finance charges of Rs.945/- and Q1her charges of Rs.41.89, which is not is accordance with law and against in the principles of natural justice.
Adding to the above, I was infonned by your associates new credit card with out any outstanding balance would be issued to me. But your esteemed organization
has issued new card No.[protected] in 1/09 with an outstanding amount of Rs.l, 773.50.
Despite repeated representations made before your service associates about redressal of my grievance, such requisition not at all redressed and received statement
¬
dt.[protected] showing Rs.2, 744.33 is due from me by charging late fees for not
payment of outstanding balance ofRs. 1, 773.50
In this regard, avennents made by your associates is totally contrary to the contents of your statement supplied to me.
In light of the above, your magnanimous authority is requested to look into my case and cause for justice in nullifying the due amount as stated in your statement(s),
A line is reply is highly appreciated
Yours faithfully,
-~fl¬
(CH.BHASKARA RAO).
From CH.BHASKARA RAO, D.No.7-17-43,
5th Line,
Srinagar, GUNTUR-522 002.
MY CONTACT CELL NO: [protected]
EMAIL ID: bhaskarrao.[protected]@gmail.com
Aug 14, 2020
Complaint marked as Resolved