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Old 11th September 2007, 13:37   #100 (permalink)
vishaltanksale
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Join Date: Feb 2005
Location: Mumbai
Posts: 95
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Guys, I have bit of problem here and need your suggestion.

Don't worry nothing wrong with Cedia or for that matter Metro Motor also.
Its the finance dealer which is creating problem.

I have got ICICI finance from one of its franchise and they offered me @14% rate with 4% cash payout.
All went fine till delivery and total disbursement.
But fewe days back; the finance guy told me he cannot give 4% cash payout and I should go with 3% payout and 1% inbuilt in EMI.

I was not happy with this and certainly not with such last minute change, so asked him to honour as promised.

Now he has come back and saying; he will honor it but he will cut TDS on the cash payout.

I haven't heard of TDS on cash payout; which are primarily a discount.

I am not really worried about the amount herer as it involve about 2-3K; but not happy at all with this un-professional behaviour.

Does any of the you had such experience or can anyone suggest anything for this scenario?
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