| Name of Complainant | |
| Date of Complaint | September 10, 2021 |
| Name(s) of companies complained against | Bank of India |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
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on 1st sep my account deducted 295 for four times. and again on 3rd sep my account debited again 295 rs for four times. when i visited bank (jm road pune) they told me that this amou t is deducted by the finance company. i had taked the letter from bank about this. then i went to bajaj finance office, they told me that we had not deducted this amount. bank and finance company are playing blame game. common people are suffering from this kind of unfaor practices.
Now the fact is..
My emi is of rs 1612 for 1 month,
but bank charged me 259 for four times for 1 month = 1180 + bajaj finance bouncing charge is rs 450 which in total is 1630. they both are doing scam on common people. they are charging me 1630 bouncing charge for 1612 rs emi.
inshort they are charging 100% intrest on emi for 1 month..this is legally illegal policy of banking system and this should be stopped ASAP.
I regret to inform you that, the 295 deducted from your account is Loan repayment bounce charge, which is charged by bank on insufficient balance on customer’s account. This charge is solely taken by bank. On the other hand, the bank employee blames company for this charge. This manipulation of customer should be stopped.