[Resolved]  Mahindra Finance — Reconsider the penalty amount-reg

Dear Sir, I purchased a new Maruthi Alto car in September’ 2010 through your finance sivakasi Branch.Name:V.Arunagiri. Vechile No: TN67 AV 1023.Presently I completed ( 47 installments )your loan . From loan starting date to till date I settle your installments as per due date. From 20 th installment your persons was conduct frequently, you paid dues properly need further loan will sanctioned immediately. As unexecpted death in my family, 46 th due not able to paid as per due date. But next month I pay 46th & 47 th due on 21.07.2014. After fifteen days I contact your sivakasi office about my NOC certificate. He told need further one week time. After one week your sivakasi office person contact to me, he said In addition Rs.3, 000/(Rupees Three Thousand only)for fine & penalty purpose. This is not acceptable.Any body said to about penalty . Please refer below mentioned statement for due wise transaction with/without due dates: S.No Due Date Paid Date Late paid Advanve paid Amount Paid Remarks 1 29/09/2010 29/09/2010 4650 Initial Payment 2 25/10/2010 25/10/2010 6900 Bank 3 25/11/2010 25/11/2010 88 6900 Bank 4 25/12/2010 25/12/2010 6900 Bank 5 25/01/2011 25/01/2011 6900 Bank 6 25/02/2011 25/02/2011 6900 Bank 7 25/03/2011 11/4/2011 11 days 6900 Your side cheque not process 8 25/04/2011 25/04/2011 6900 Bank 9 25/05/2011 29/04/2011 4 days 6900 From cash payment at SVPR till end 10 25/06/2011 25/06/2011 6900 11 25/07/2011 26/07/2011 1 day 6900 12 25/08/2011 27/08/2011 2 day 6900 13 25/09/2011 22/09/2011 3 days 6900 14 25/10/2011 24/10/2011 1 day 6900 15 25/11/2011 25/11/2011 6900 16 25/12/2011 24/12/2011 1 day 6900 17 25/01/2012 23/01/2012 2 day 6900 18 25/02/2012 23/02/2012 2 day 6900 19 25/03/2012 20/03/2012 5 days 6900 20 25/04/2012 25/04/2012 6900 21 25/05/2012 24/05/2012 1 day 6900 22 25/06/2012 25/06/2012 6900 23 25/07/2012 24/07/2012 1 day 6900 24 25/08/2012 1/9/2012 6 days 6900 Your valvangi person leaving the job, new person not come to correct date.we need follow up regularly. 25 25/09/2012 26/09/2012 1 day 6900 26 25/10/2012 29/10/2012 4 days 6900 27 25/11/2012 26/11/2012 1 day 6900 28 25/12/2012 27/12/2012 2 days 6900 29 25/01/2013 24/01/2013 1 days 6900 30 25/02/2013 28/02/2013 3 days 6900 31 25/03/2012 24/03/2012 1 day 6900 32 25/04/2013 24/03/2013 1 day 6900 33 25/05/2013 28/05/2013 3 days 6900 34 25/06/2013 27/06/2013 2 days 6900 35 25/07/2013 25/07/2013 6900 36 25/08/2013 25/08/2013 6900 37 25/09/2013 26/09/2013 1 day 6900 38 25/10/2013 24/10/2013 1 day 6900 39 25/11/2013 26/11/2013 1 day 6900 40 25/12/2013 24/12/2013 1 day 6900 41 25/01/2014 25/01/2014 6900 42 25/02/2014 25/02/2014 6900 43 25/03/2014 24/03/2014 1 day 6900 44 25/04/2014 26/04/2014 1 day 6900 45 25/05/2014 24/05/2014 1 day 6900 46 25/06/2014 Will agree penalty 47 25/07/2014 21/07/2014 4 Days 13800 43 Days 27 Days From Late Due 11 Days --your person not processing the cheque 21 Days -Your person leaving the job, new person not come to correct date.. Please reconsider my penalty and fine.Otherwise you loss a truth customer. Waiting for your valuable reply. Thanks & Regards, V.Arunagiri