• Angry
  • Awesome
  • Hungry
  • Secret
  • Results 1 to 2 of 2

    Thread: Auto Loan *hidden* charges

    1. #1

      Join Date
      Oct 2017

      Auto Loan *hidden* charges

      Hi all,
      We took a loan from a nationalized bank for our car last year. We have been debited many times for Rs. 118(100 I think is the basic fee & 18 gst) for cersai (
      ) and Rs. 50 for Vahan fee once about a year later after we took the loan.
      Two questions-
      Are these kinda charges applied by every bank?
      Why does the customer have to bear these charges, if it is the bank's concerned department that is doing its job i.e. scrutinizing loans etc? I asked the bank about it and they replied a sarkari answer that it is their loan department that has applied that.
      many thanks

    2. #2

      Join Date
      Oct 2017
      Contacted CERSAI they said registration on their site is mandatory and they charge from bank a one time fee of Rs. 100+gst. But it is upto to the banks whether to charge from the customers or not. About our account debited multiple times, they said it might be a mistake from bank's side.

      About Vahan, whether it is necessary to register or not I can't say but they don't charge shit but banks are charging us
      | V A H A N | National Register e-Services |
      | VAHAN | National Register e-Services |

      Vahan is also a government owned site which tells about people's name, vehicle's make etc. upon entering a number and anyone can view it. I wonder why is that thing open for all?

    Thread Information

    Users Browsing this Thread

    There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. Which car loan to go for?
      By nishantgandhi in forum RTO, Law, Loans & Insurance
      Replies: 133
      Last Post: 23rd Jan 2018, 10:40
    2. Auto Loan
      By billubakra in forum RTO, Law, Loans & Insurance
      Replies: 0
      Last Post: 23rd Dec 2017, 00:59
    3. The Hidden Oasis : Family outing 48 Kms from Pune.
      By ecruiser in forum Travelogues
      Replies: 0
      Last Post: 1st Sep 2013, 22:22
    4. A Car passion guy - hidden inside trying to reveal now
      By PrithviS in forum Introduce Yourself
      Replies: 23
      Last Post: 11th Nov 2010, 10:25


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts