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HDFC Fraud CAR loan

This is a discussion on HDFC Fraud CAR loan within the Loans forums, part of the Business & Finance category; HDFC bank is a cheater. Most of the time they always tell lies and do some mathematical manipulation to ditch ...

  1. #1
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    Post HDFC Fraud CAR loan

    HDFC bank is a cheater. Most of the time they always tell lies and do some mathematical manipulation to ditch you and your heard earned money. The Auto loan I have pricessed just by trusting on the Agent whom they have send in my office . The actual cost of the car on road is 273,466.34 ( Price of the vehicle - discount + VAT)(254219.87 - 1777.78 - 9360.9+ 30385.15 )

    Now the road tax & hypothitication charge is - 20915.00 + 500.

    Including everything the price comes to 294,384.34/- Now the first instalment is also paid by me that is showing six thousand five hundred and twenty one only.6521/-

    So even if I have financed my car 100% I would have taken a loan of 2,87,863/- Whereas HDFC is showing I have taken a loan of 301,000/-. How is this possible ?
    Till date I have made my instalment payment regularly. 7-July-2010 the last instalment debited out of my account. I am going to make stop payment from August onwards untill and unless they resolve the issue.
    I am not going to pay a single penny neither my CAR let see what HDFC can do......

    Apart from this there are several instances they have cheated with me but this time I am not going to leave them as I will be moving to necessay forum and court untill and unless they do the settlement.

  2. #2
    Senior Member
    Join Date
    May 2010
    Posts
    652

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    Quote Originally Posted by Unregistered View Post
    HDFC bank is a cheater. Most of the time they always tell lies and do some mathematical manipulation to ditch you and your heard earned money. The Auto loan I have pricessed just by trusting on the Agent whom they have send in my office . The actual cost of the car on road is 273,466.34 ( Price of the vehicle - discount + VAT)(254219.87 - 1777.78 - 9360.9+ 30385.15 )

    Now the road tax & hypothitication charge is - 20915.00 + 500.

    Including everything the price comes to 294,384.34/- Now the first instalment is also paid by me that is showing six thousand five hundred and twenty one only.6521/-

    So even if I have financed my car 100% I would have taken a loan of 2,87,863/- Whereas HDFC is showing I have taken a loan of 301,000/-. How is this possible ?
    Till date I have made my instalment payment regularly. 7-July-2010 the last instalment debited out of my account. I am going to make stop payment from August onwards untill and unless they resolve the issue.
    I am not going to pay a single penny neither my CAR let see what HDFC can do......

    Apart from this there are several instances they have cheated with me but this time I am not going to leave them as I will be moving to necessay forum and court untill and unless they do the settlement.
    Dear Customer,

    We request you to write to us at talktous@hdfcbank.com with your loan account number, contact details as well as the reference id TTU00073412072010, so we can investigate this matter in greater detail. A bank representative shall contact you as soon as we receive your email.

    Regards, Customer Assistance, HDFC Bank

  3. #3
    Unregistered
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    Default

    Quote Originally Posted by HDFC Bank View Post
    Dear Customer,

    We request you to write to us at talktous@hdfcbank.com with your loan account number, contact details as well as the reference id TTU00073412072010, so we can investigate this matter in greater detail. A bank representative shall contact you as soon as we receive your email.

    Regards, Customer Assistance, HDFC Bank
    dear Customer/friend,

    Is there any update subsequent to HDFC's representatives response to your concern? if resolved, positively, then the same should be appreciated also.

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