I have taken a loan from Bajaj Finserv in Dec 2015 on the condition of Zero foreclosure and Zero part payment charges but now they are claiming 4.75 % on foreclosure and 2.25 % on Part Payment.
I did some search and found that in December 2015 Bajaj Finserv valunterily surrendered there NBFC license to RBI so they are no longer required to be registered with RBI. Since Dec. 2015 after surrendering license to RBI, Bajaj Finserv seems to have aggressively started giving personal loan with Zero foreclosure and zero part payment charges offer to hundreds or thousands of people like us and just in 6 Months in June 2016 they changed their policy and started applying charges on both Foreclosure and part payment.
If we look at the chain of events, it seems to be a bigger scam then we think it is and I am not going to let this go without fighting. You can write me on this email “[email protected]” if you are also a victim of Bajaj Finserv’s fraud and want to share any information or just want to connect in fighting against this fraud legally.
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