[Resolved] Bajaj Finserv — personal loan life insurance related | |||
I have taken personal loan from Bajaj finserv for 6L they told me that processing fee will be 4 per on total loan amount. But they have never clarify anything related to life insurance and when i have contacted support they inform me its mandatory. So they have process my loan with outstanding amount as 630000. And my total processing fee ad life insurance is around 50000 thouand which is huge amount. Bajaj finsev is thinking by cheating people they wil do good business forgetting that they will never get business in furtur. And now its online world of internet i hope lakhs of customers will read these reviews and will change their decision to go for bajaj finerv My loan account number is 404SPL06480236 I hope these review will be helpful to many users. Was this information helpful? | |||
Complaint marked as Resolved
Bajaj Finserv has refunded insurance amount to my account. And also said me that they will make sure that will happen in future.,
Wanted to thanks consumer complains site for support and raising up my voice Bajaj Finserv customer support has been notified about the posted complaint. | |||
2 Comments | |||
Comments
Dear Sir/ Madam,
Greetings from Bajaj Finserv! With reference to your post and our discussion, we understand that you want to dis-continue the insurance policy given to you along with your loan number ending with XXXXXXXXX80236 . We further state that we have initiated the process of insurance cancellation and the same would be done within 24 working hours, post which the refund amount would be credited to your registered bank account within 48 working hours. For any clarification, please write to us on [protected]@bajajfinserv.in
With regards,
WeCare
Bajaj Finserv Lending
Greetings from Bajaj Finserv! With reference to your post and our discussion, we understand that you want to dis-continue the insurance policy given to you along with your loan number ending with XXXXXXXXX80236 . We further state that we have initiated the process of insurance cancellation and the same would be done within 24 working hours, post which the refund amount would be credited to your registered bank account within 48 working hours. For any clarification, please write to us on [protected]@bajajfinserv.in
With regards,
WeCare
Bajaj Finserv Lending
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Pending
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Resolved
2026
4th Floor, 271 Business Park, Model Industrial Estate, Goregaon East, Mumbai, Maharashtra, India - 400063
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Thank you for sharing your Loan Account Number. We have initiated the process of resolution of your query. You shall hear from us asap. During this time, should you wish to contact us, please write to us on [protected]@bajajfinserv.in mentioning your Loan Account Number in the subject.
With regards,
WeCare
Bajaj Finserv Lending