Tata Motor Finance Ltd — UNNECESSARY CHARGES

Address: Hyderabad, Andhra Pradesh

I HAVE TAKEN A LOAN FOR A INDICA CAB ON[protected] AS PER THE AGREEMENT THERE WAS A FIRST ADVANCE EMI PAID TO THE FOR THE MONTH OF JAN-08.I HAVE GIVEN 20 CHEQUES AT THAT TIME . THEY HAVE DEPOSITED THE FIRST CHEQUE WITH # 19651 WHICH GOT CLEARED AND THE SECOND MONTH CHEQUE ie. 19652 WAS ALSO DEPOSITED AND GOT CLEARED. VERY THING WAS FINE FOR THE FIRST 8 MONTHS THEN I GOT A NOTICE SAYING 2 EMIS ARE PENDING SO I WENTT TO TE OFFICE AND ASKED THEM ABOUT THIS AND THEY SAY THE EMIS ARE PENDING . I HAVE SHOWN MY BANK STATEMENTS WHERE THE CHEQUES WERE CLEARED FOR THE RESPECTIVE MONTHS.AFTER 20M MONTHS MY CHEQUES WERE OVER AND I WAS AWARE OF THAT AND WENT ON DEPOSITING REGULAR EMI AMOUNT IN THE BANK WHEN A PERSON CAME TO MY HOME SAYING SIX EMIS ARE PENDING AS ON DATE OF 9/11/09 I WAS SHOCKED AND CONTACTED THE BANK AND IT WAS LIKE THE AMOUNT IS STILL IN THE ACCOUNT.THIS IS KIND OF WORST FINANCE COMPANY WHICH I EVER SAW IN MY LIFE WITH A WORST STAFF AND FINANCIAL SYSTEM ADOPTED. THE ISSUE WAS NOT CLEARED AND THEY HAVE STARTED THE PENALTY FOR THAT PENDING AMOUNT FROM THE THIRD MONTH OF THE LOAN NOW IT IS ALMOST ABOUT TO COMPLETE THE LOAN STILL THE COMPLAINT IS PENDING WITH THEM AND THE TOTAL PENALTIES HAVE COME UP-TO 14500 INR ON THE PRINCIPAL AMOUNT OS 17350 INR .SOME TIMES SOME EXECUTIVES COME HOME AND THREATEN OF SEIZING THE VEHICLE WHICH THEY HAVE TWICE IN BETWEEN WHERE I GOT LEAVE MY JOB IN BETWEEN AND RUN TO THE OFFICE AND AGAIN EXPLAIN THE WHOLE STORY THAT THE FAULT IS NOT ON MY SIDE .

I WOULD GIVE MY NAME AND CONTACT DETAILS BELOW

C.SHIVA KRISHNA
CONTRACT # [protected]
PHONE # [protected]