Tata Capital — Demand of Foreclosure charges

KartikKalgude

from Ahmedabad, Gujarat

Dec 4, 2022

Address:	Mumbai
Website:	www.tatacapital.com

To,
Consumer Right Department,
Ahmedabad

Subject: Complaint about unnecessary foreclosing charges demanded by Tata Capital Financial Services Limited

Respected authority,

I am writing this to draw your immediate attention on the demand of additional charges on the foreclosing of Personal Loan by TCFSL.

I have taken personal loan of 3, 24, 158.00 Rs. My loan details are as below.
Loan A/C No.: TCFPL[protected]
Loan Disbursement Date: 02.07.2021
Loan Tenure: 48 Months
Balance Tenure: 32 Months

I decided to repay my loan to TCFSL before repayment schedule. For the same I have raised the demand of foreclosure letter and further procedure. On this, Tata Capital charged me an additional amount of 12, 449.00 Rs. to pay as foreclosure charges, which are not required actually.

Kindly consider my complaint and take necessary actions as earliest as possible.

Solicit your cooperation.

Thank you.

Regards,
Kartik Kalgude

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TATA Capital customer support has been notified about the posted complaint.

Verified Support

Dec 06, 2022

TATA Capital Customer Care's response Hi Kartik, we regret the inconvenience caused. Kindly share the details about your concern at [protected]@tatacapital.com for our team to better understand and provide a solution.

Dec 07, 2022

Updated by KartikKalgude To,
Consumer Right Department,
Ahmedabad

Subject: Complaint about unnecessary foreclosing charges demanded by Tata Capital Financial Services Limited

Respected authority,

I am writing this to draw your immediate attention on the demand of additional charges on the foreclosing of Personal Loan by TCFSL.

I have taken personal loan of 3, 24, 158.00 Rs. My loan details are as below.
Loan A/C No.: TCFPL[protected]
Loan Disbursement Date: 02.07.2021
Loan Tenure: 48 Months
Balance Tenure: 32 Months

I decided to repay my loan to TCFSL before repayment schedule. For the same I have raised the demand of foreclosure letter and further procedure. On this, Tata Capital charged me an additional amount of 12, 449.00 Rs. to pay as foreclosure charges, which are not required actually.

Kindly consider my complaint and take necessary actions as earliest as possible.

Solicit your cooperation.

Thank you.

Regards,
Kartik Kalgude