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Mahindra AFC charges

  • Thread starter Thread starter KomVam
  • Start date Start date
  • Replies Replies 2
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KomVam

TF Neo
Hi Everyone,

I has taken car loan on 2018 with mahindra finance, at time of Apr2020 and May2020 my car EMI is not deducted due to not initiating the request from Mahindra finance, but later in july2020 support team reached me on asking for payment to do online which i had done the payment immediately.

But recently i came to know that Mahindra has applied AFC charges due to missing the payments on APR2020 and May2020 which will be triggered as the last EMI, but since it is not my mistake of not making the debit request how these charges will be applied for me.

please help me how can i get these charges waived and let me know if any one else facing the similar situation.

Thanks,
KomVam
 
Hi Everyone,

I has taken car loan on 2018 with mahindra finance, at time of Apr2020 and May2020 my car EMI is not deducted due to not initiating the request from Mahindra finance, but later in july2020 support team reached me on asking for payment to do online which i had done the payment immediately.

But recently i came to know that Mahindra has applied AFC charges due to missing the payments on APR2020 and May2020 which will be triggered as the last EMI, but since it is not my mistake of not making the debit request how these charges will be applied for me.

please help me how can i get these charges waived and let me know if any one else facing the similar situation.

Thanks,
KomVam
Contact Mahindra finance Nodal officer about it.

If they don't solve, raise complaint in RBI ombudsman scheme
 
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