Scam or fraud: ECS bouncing

Submitted by: Sanjay Moraskar

Complaint Details:
To, Dt. The Manager, Bank of Maharashtra, Dombivali (W), Dear Sir, Ref. : S/B. A/c. No. Sub. : ECS Purpose I have availed Consumer Loan of Rs. from Bajaj Finance Ltd. during the month of July,2016 for which EMI of Rs. for 8 months schedule to debit from my above S/B. A/c on 5th Day of every month from the month of August’2016. My Salary is credited to my account on 1st date of every month. But, having sufficient balance in my account, my EMI is dishonored by the Bank and the bank charges of Rs. is debited more than 3 to 4 times every month to my account and the other side, Bajaj Finance Ltd. is also debiting Rs. as penalty and interest against bouncing EMI every month. You are requested to look into the matter and credit the bank charges whatever you debited from the month of August’2016 within a couple of day and inform me accordingly. But what about the charges debited by Bajaj Finance Ltd.? Who will bear the same? It is only due to mistake of your Bank. Thanking you, Yours faithfully, SANJAY D. MORASKAR C. C. To: 1) Bajaj Finance Ltd. 2 ) Bank of Maharashtra, Head Office, Pune

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