Tvs Motor Company — TVS credit two wheeler loan | |||
Hello Sir / Madam, I purchased TVS Jupiter ZX from INDUBAALA AUTOMOBILES, Attapur pillar no.135, Hyderabad, telangana state on 12th February 2021. The onroad price of tvd Jupiter ZX was 93, 000 and We have paid 22, 500 as down-payment and we went for a loan through tvs credit which they told is for 23 months of 3958 per month. Till now I have 3 installments and still it is showing 21 months of balance installments and they are over charging for the foreclosure charges of 2873.56 (I.e.4%) which they have not mentioned or told at the time of purchase. All the executives inINDUBAALA AUTOMOBILES are liers and fraudsters because the loan person said something and we are facing something else. Even the bank executives and tvs credit loan executives are fraudsters and liers. They said it is very low interest rates with tvs credit and said it is for 23 months of loan tenure as we have already paid the down-payment of 22, 500 while buying tvs Jupiter ZX but now when we are asking for a foreclosure they are charging 4% of foreclosure charges and some broken period interest of 720. They have deducted three installments of 3958 from my account and when we are asking for the foreclosure they are charging 4% on the principal amount and broken period interest and added one more installment of 24th month instead they said the installments are only for 23 months with tvs credit. I request each and everyone not to buy any vehicle from TVS showroom of INDUBAALA AUTOMOBILES, pillar no.135, Attapur Hyderabad, Telangana as they are big liers, fraudulent and cheaters. I also request everyone not to trust anyone ( including bank executives and tvs credit loan executives) over there at INDUBAALA AUTOMOBILES. Was this information helpful? | |||
TVS Motor Company customer support has been notified about the posted complaint. | |||
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