In the year 2005, I purchased a Desktop computer for Rs.36000/- under EMI scheme equated for 3years upon down payment of Rs.7500/- through Bajaj Finance. I was paying regularly untill I was relocated to chennai, I had got another 10 to 11 dues of EMI to clear, as the place was very new to me I took little time to find a new job and settledown and the ECS was going through my salary account of my previous company for which I was working with, during the course of time the Bajaj fin people had been calling my house owner asking for my new address, I had told my house owner to inform my relocation and gave my new number to be given to bajaj fin people. After a long period of time now they had called my number and are asking to pay Rs.1,65,000/- towards my due and said if fail to pay they would issue me a legal notice.
Sir, now am very much worried and very depressed after hearing that I need to pay Rs.1,65,000/- in the place of 10 to 11 EMI amounting Rs.1302/- each. How Bajaj people can charge such an exorbitantly on me, what are the consequences if I don't pay them, I am ready to clear the dues which am suppose to pay the left over EMIs. But I shall never be able to pay them the exorbitant charges.
Please advice and guide me in fighting this issue and to clear the EMIs smoothly.
Thanking You Sir