DEAR SIR,
I AM PRAVEENKUMARI V N AND MY LOAN A\C NO IS 10825509.I HAD A LOAN FROM TATA MOTORS FINANCE AND THE AMOUNT WAS 7,71,120 INCLUDING INTEREST.FOR INSURANCE PURPOSE THEY HAD COLLECTED ANOTHER 33,000 RS , THEN ONLY THE TOTAL AMOUNT CAME TO 8,04,120
SO ,
INCLUDING INSURANCE EMI BECAME 17,100 RS.
THE INSURANCE PORTION IS AROUND 700 RS,
I HAD TOOK THE LOAN ON 2006 JANUARY.
I HAD TAKEN INSURANCE MYSELF FROM THE NEW INDIA INSURANCE COMPANY PALAKKAD.
THE INSURANCE EXPIRY DATE WAS 6\2\2007.
ON DECEMBER 2006 ITSELF I CALLED TO CALICUT BRANCH OF TATA MOTORS FINANCE FOR ENQUIRING ABOUT INSURANCE.
THEN I CAME TO KNOW THAT THEY ARE GOING TO TAKE NEW INSURANCE FROM ICICI LOMBARD , BOMBAY BRANCH.
I DISAGREED WITH THEM AND ASKED TO RENEW THE INSURANCE WHICH I HAD TAKEN.
THEY DIDN'T AGREE WITH ME AND ASKED ME TO RENEW THE INSURANCE MYSELF WITH CONDITIONS WHICH WERE COMPREHENSIVE INSURANCE.
SO,
I RENEWED THE INSURANCE WELL IN ADVANCE AND SENT ONE COPY TO THE CALICUT BRANCH AND COMFIRMED THEIR RECEIPT BY PHONE.
FEW MONTHS LATER,
I GOT ONE THREATENING LETTER WHICH STATED THAT EITHER I HAVE TO PAY 8,000 RS OR THEY WILL CAPTURE MY VEHICLE.
I WAS SURPRISED AS I HAD REMITTED ALL THE EMIs IN TIME.
THEN I ENQUIRED ABOUT IT.
THEN,
THEY INFORMED THAT 8,000 RS IS BALANCE AMOUNT FOR THE INSURANCE WHICH THEY HAD TAKEN,
THEN ONLY I UNDERSTOOD TATA MOTORS FINANCE ALSO TOOK ONE INSURANCE FOR MY VEHICLE.
THE ORIGINAL INSURANCE IS INEVITABLE FOR VEHICLE SERVICING HERE.
WHENEVER I HAVE TO PAY THE TAX(IN EVERY 3 MONTHS) I ALSO WILL HAVE TO SUBMIT THE INSURANCE IN ORIGINAL TO THE RTO.
SO,
THE TATA MOTORS FINANCE TOOK INSURANCE FOR MY VEHICLE AND KEPT IT WITH THEMSELVES WITHOUT ANY INFORMATION AND WHAT WAS THE USE FOR ME BY THIS.
SO I ASKED THEM TO CANCEL THE INSURANCE WHICH WAS TAKEN BY THEM.
THEY AGAIN SENT ONE THREATENING LETTER...
THEN I SERVED ONE LAWYER NOTICE ,.
THEN ONLY THEY STOPPED SENDING THREATENING LETTER.
I THOUGHT THEY HAD CANCELLED THE INSURANCE WHICH WAS TAKEN BY THEM.I HAVE SENT ONE MORE LETTER AND REQUESTED THEM TO REVISE MY EMI WITHOUT INSURANCE PORTION.
THEN,
EMI BECAME 16,500 RS.
THEN ONWARDS ALL THE INSURANCE WERE RENEWED BY MYSELF.
AS THEY HAD NOT REVISED EMI THE INSURANCE PORTION BECAME A HUGE AMOUNT.
THEN,
I ASKED THEM TO ADJUST 35TH INSTALLMENT EMI FROM THAT AMOUNT.
I AM NOT A WEALTHY PERSON TO GIVE 24,000 RS FREE TO TATA.
47TH INSTALLMENT ALSO THEY HAD TO ADJUST FROM THE INSURANCE PORTION.
I PAID 7,71,120 RS . I AM NOT GOING TO PAY ANYMORE.
I WANT NOC IMMEDIATELY FOR RENEWING MY PERMIT BUT THEY ARE NOT GIVING IT I AM A SINCERE CUSTOMERAND TATAT MOTORS FINANCE TRIED TO CHEAT ME.
I AM THINKING TO GO TO COURT IF THIS CONTINUE TO HAPPEN.
I REQUESTS ALL CUSTOMERS PRAY FOR MY VICTORY.
MY PH NO. 9446153057
E-MAIL:
maheshmainakam@gmail.com
Thanking you,
yors sincerely
PRAVEENKUMARI V N