Kotak Mahindra Prime Ltd - Refund of EMIs for an Auto Loan that I Cancelled
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Complaint by: Jeal on February 9, 2010, 5:35 pm in Loans All

Cancellation of Auto Loan and Refund of EMIs
It has been more that one month that I am awaiting the Kotak Mahindra Prime Ltd people to refund my the EMIs that they had deducted for the Car Loan that I had taken. The reason why I should get the money back is because I had got the car Loan cancelled because they did not process the loan on time and hence I could not get the car on time.

In spite of all this, I had been patient with them and am following up with them since one and a half months to get back the amount that was deducted from my account as the EMIs. They owe me approx. Rs 28000 and have been delaying it for more that a month now. I have sent several reminders but they never bother to respnd back to my emails.
I am frustrated as I need the money back as I have other payments to execute and because of this I am not able to meet my other commitments.

I request you to please help me get back the money they owe to me and also want to penalise them for all the problems and torture I have gone through because of them

The concerned persons are Mandar Parnekar, Nikhil Ranade and Vikrant Karande.

Thanks,
Jeal Desai

Complainant's Goal: Refund of my EMIs, Cancellation charges, Processing Charges and Damanges
Complainant's Target: Kotak Mahindra Prime Ltd
Complaint Location: IndiaMaharashtraMumbai
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Wed, 10 Feb 2010  Message from iComplaints.in Helpdesk

An email communication has been sent to Kotak Mahindra Prime Ltd on February 10, 2010, 12:55 pm