India, June 3 -- Several unknown persons were booked for allegedly posing as Bajaj Finance executives and collecting instalments from some of its borrowers.

According to the police, Bajaj Finance approached them after several of its clients claimed that some unknown individuals were collecting money in the name of instalments or full and final settlements by posing as the company's executives.

The case was registered on the complaint of Devendra Kulkarni, legal advisor for Bajaj Finance which has headquarters in Akurdi, Pune and mostly provides consumer loans.

"Three residents - Ansari Abdul Salam Abdul Kalam, Mahendra Lankesh and Subodh Bhandari - approached Kulkarni and said they got calls from people who identified themselves as Baj...