[Resolved]  India Bulls — Home Loan Fees without disbursement

Address:Indore, Madhya Pradesh

I am a business man with a small business of post production in Indore. I applied for a loan from India bulls and they saw my case and agreed to loan me. After a month of submissions of papers they sanctioned my loan with a condition to give a personal guarantor for my case. On asking them they said your case comes under cautioned category. I said I cannot provide such guarantor and so they said ok will try to figure out something. It took two months they did nothing to resolve the case instead they keep suggesting that I should provide a guarantor. When I asked finally whats going on they said we cannot do this case without PG (personal guarantor). I said ok if you cannot do it I cannot provide you a PG so please drop this case and refund my money of Rs.5,515/- which you took from me to initiate the case. They said we cannot do this cause its non-refundable. I said nobody intimated us regarding this, they said its our policy that the amount you have given is not refund back. No when I am calling them no one is picking up my calls and giving proper response.


Abhishek Masih
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Aug 13, 2020
Complaint marked as Resolved 
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I have a similar case, I am a salaried person applied India Bulls for home loan and request me for a processing fees cheque which will be presented only after I receive the santion letter, its been 2 months I have not seen my santion letter and my cheque has been encashed, how do I trust India bulls housing finance any more, when I made a complain they are sorry about but refuse to return my amount...I think they are all fraud.

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