Bajaj finserve charging exorbitant bounce charge of inr 1236 for an emi of 146

Name of Complainant Utpal dutta
Date of ComplaintJanuary 20, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Utpal dutta:

I have taken a flexi loan from bajaj finserve. As an emi INR 146 was due. However, the account was not in use and hence, the emi got bounced. I paid the due emi 146 immediately. Bajaj had levied a bounce charge of 1236 on this 146 due emi. I approached their customer care email and phone no, even the [email protected] was emailed.
I feel like cheated and this i believe should be treated as an extortion and not a banking service and therefore, I approach the law of this land to curb such practice of levying exorbitant fees.

Image Uploaded by Utpal dutta:

Bajaj finserve charging exorbitant bounce charge of inr 1236 for an emi of 146

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