[Resolved]  IndiaBulls — IndiaBulls Finance - Ripped me off!

Address:

Lucknow, Uttar Pradesh

NEED HELP PLEASE !


Hi,

I bought a second hand vehicle (Mahindra Pickup, UP41-T-2504) on 20th may 2010 for 2.61 lacs from IndiaBulls Lucknow office - 13-A, Rana Pratap Marg, 13 Ground Floor, YMCA Building, Lucknow.

I was very happy, they gave me delivery of the vehicle on the second day after payment, and they told me that they will provide me papers in 2-3 days. I went ahead and invested Rs. 40,000.00 in improving the condition of vehicle (changing tyres, electrics, locks, door, denting, painting etc)......

When i got the papers, they told me that all i have to do is to the RTO and get it transferred in my name. So i went to RTO, when i went ahead to transfer the vehicle, the officer told me that there is an application from the first owner of the vehicle, that the vehicle was snatched by him from couple of hired goons by IndiaBulls and there is a court case going on in relation to the vehicle between First owner & India Bulls. So i cannot get the vehicle transferred.

So i went to IndiaBulls, they told me to wait and they said they will sort out the problem by providing me the consent from the first owner of the vehicle. Now the wait starts, i waited for more than three months but they could not do anything....so eventually after a lot of push, they said they will refund the money and they told me surrender the vehicle.

So i surrendered the vehicle on 19 July 2010 with a promise from them in writing that they will refund the money in ten days, but so far i have not received any money at all.

I need help from somebody to sort this situation and get my hard earned money back.

the staff whom i dealt with are:

1. Rominder Singh (Zonal Sales Head) - [protected] (Gurgaon Head Office - IndiaBulls)
2. Virendra Vikram Singh (Zonal Collection Manager)- [protected] (Lucknow Office - IndiaBulls)
3. Brijesh Singh - [protected] (Lucknow Office - IndiaBulls)
4. Sanjay Savant - [protected] (Gurgaon Head Office - IndiaBulls)
5. Nadeem khan - [protected] (Lucknow Office - IndiaBulls)


All these guys made me a fool, they sold me a vehicle which was in legal trouble already, which they were in knowledge of, which i cannot get transferred and they have taken the vehicle back and now my money is blocked for the past 4 months.

Thanking You,

Ankur Khattri
[protected], [protected], [protected]