Magma Finance Limited
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Magma Finance Limited Complaints & Reviews

H
hiuuf
from Hyderabad, Telangana
Resolved
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Magma Agent Abusing Over Phone

Address:Uttarakhand

I have taken a car loan from Megma Finance Dehradun. I could not pay one instalment due to pressing circumstances. One Mr.Amit Joshi([protected]) from Dehradun called me up & used highly abusive language for not paying the instalment. The language in four letter words cannot be written on the internet. Apart from that he called me a beggar, a mean rickshaw puller. He asked me to cell my clothes in the market & pay the instalment; threatening...
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S V Anil Das
from Mumbai, Maharashtra
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Non Submission of loan documents

I had drawn a loan from Magma Finance Limited through Rohan Motors Limited for financing SWIFT ZXI model of Maruti make in December 2008. The loan was approved and the EMIs are regularly being paid directly from my bank account through ECS.

I have been repeatedly requesting Magma Finance for giving me a copy of the signed loan agreement and the repayment schedule for my records and tax purposes. Till date they have failed...
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