Outstanding for the Canceled Loan
In the year 2016 I had got a Loan amount of Rs.3,40,000.00 in Hinduja Leyland Finance for purchasing Commercial Vehicle.
The above said Finance Company Paid the Amount to Vehicle Selling Showroom, without my knowledge & not even informed me.
Few days Later I droped my Plan of Purchasing a New Vehicle, so I asked the Finance company to cancel my loan.
The Vehicle Showroom has Returned Rs.3,70,000.00 (Aprox) to the Finance company (as per their Statement).
They gave me a Loan Agreement Cancelation Letter in the Year 2017.
But till Date They are Showing Rs,88,000.00 (Aprox.) As outstation as per their Statement. This affected my CIBIL Score. So that I couldn't get any loans Nowadays, due to this.
I had visited that Finance Company, they was telling me to pay the outstanding amount., now Management was changed. Now I went to branch their reply was the didn't know the procedure to close the loan account.
On other side I had raised a dispute in CIBIL website, they are redirecting to that Branch.
On other way I had tried to complain to their head office but they also redirecting me to that same branch.
Kindly help me to solve this issue.
This had affected my CIBIL Score .