[Resolved]  Hinduja Leyland Finance — Loan disbursement not done

Address: A/304,PRAKASH KUNJ,LAXMIBEN CHHEDA NAGAR,NALLASOPARA(WEST)

Sir,
I have vehicle loan with hinduja leyland finance (Hlf) ref customer code mh00038973 contract no. Mhmumw01172.

Hlf sanctioned loan as guarantee cover under eclgs of rs.290000/-,

Initially i was told that this loan was to support my business and restart it.

After sometime i was told to clear oustanding of rs.87000/-before disbursement.

As you are aware that in this difficult time where for last 6 months there is no business and we are fighting for survival. I somehow managed to pay rs 87000/- and expected the disbursement within 2 days.

But again i was told to pay september 2020 emi of rs.47000/- approx..

After paying all this what is left with me?

I am not understanding why this loan was sanctioned to me? Hlf wanted to recover its due or to help my business to restart again.

If hlf want to clear its dues, it can deduct from loan. I am not in a position pay september 2020 emi now after paying 87000/-

My buses run on daily basis from virar to pachal, rajapur, ratnagiri. From march 23, 2020, there were restrictions in maharashtra by govt, on inter-district movement of buses till 31st august 2020.

From where money will come to pay emi when there is no source of income.

I request to clarify why loan was not disbursed to me when i have paid all the dues as on 31st march 2020.
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Aug 7, 2021
Complaint marked as Resolved 
Hinduja Leyland Finance customer support has been notified about the posted complaint.
Verified Support
Sep 17, 2020
Hinduja Leyland Finance Customer Care's response
Dear Customer,
Your complaint has been forwarded to the respective team and allows them to revert back. meanwhile, if you have further clarification please reach out to us at [protected]@hindujaleylandfinance.com or [protected]
 
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