Bajaj Finserv — ELC CARD - Emergency Loan Card

HI

Same problem with me.

They have collected additional 250/- for pre approved loan.

But when i apply for that loan they said its not sanctioned due some reasons.

My question is why they are approving pre approved loan & collecting 250/- without checking those reasons which comes only after applying for Loan.

And if they know that there would be other factors which would be considered for approving the Loan, then why they are telling us that you can avail a per-approved Loan by just paying 250/-

This clearly says its a cheating factor by Bajaj or by the workers as they are not clearly mentioning the policies properly.

Who ever it might be at the end losers are the customers who has trusted Bajaj.