Mahindra Finance — interest rate do not match with my given interest rate

Loop

from Dimapur, Assam

Jun 5, 2018

Address: West Tripura, Tripura, 799001

Website: Mahindra finance

Dear mahindra finance, i have an issue of a car loan taken by me on 25th september 2017, car price is ₹4, 17, 350 and mahindra financer have sanctioned my loan of ₹3, 75, 000 and i gave down-payment of only ₹70, 650 and my loan tenure is 52 months and my emi per month is ₹10, 100 at the interest rate of 8% and here is my issue that recently i have gone through the official website of mahindra finance and there i checked the car loan calculator and there i found that my loan is at 10% interest. And i don't think that calculator would be wrong after all its an official website calculator. And i'm paying ₹10100 for 7 months please help me how to solve this i think i have been fooled. Thank you

Was this information helpful?

No (0)

Yes (0)

Mahindra Finance customer support has been notified about the posted complaint.

Related Mahindra Finance reviews

View all 625 Mahindra Finance Reviews

Comments

Satheesh Raj

Jun 11, 2018

Dear sir
I payed my car due amount though online banking website but payment not received my account debit amount 25000 rs I attached my bank statement copy ( this my agreement number 5198690, Name shilpa )please take necessary action and give feedback

Faisu12345

from Srinagar, Jammu and Kashmir

Jun 14, 2018

Sir
I paid my loan installment of Rs7900 to my loan account no 5071647 through e banking .However tha payment is not reflecting in the loan account. However the amount was deducted from my bank account.