Oto Capital recovery issue

Name of Complainant Sakshi
Date of ComplaintJanuary 27, 2024
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 Sakshi:

I purchased Suzuki Access 125 scooty in finance from OTO capital and I paid 16 installments and 2 EMI’s are pending. They sent rowdys and they stopped me on the road and took a vehicle forcebilly infront of everyone. I asked them how much is pending so I will clear immediately but they didn’t listen anything. Now it’s been 3 days since they took vehicle and we called everyday to the office and now they are saying we seized and to release I need to pay remaining 20 EMI’s which costs almost 80k .With this incident my family got disturbed. I need to take an action on them.

1. As per recent incidents court clearly stated they shouldn’t take the vehicle on the road
2. Even I said I will clear immediatly also didn’t listened
3. Manager timepassing and asking me to pay full amount

Image Uploaded by Sakshi:

Oto Capital recovery issue

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