[Resolved]  Axis Bank — Delay OF disbursement

Address:Pu block pitampura

As per discussion with the so called elite bank, papers for new OD limit were submitted to PU BLOCK PITAMPURA branch on 6 th of MAY 2023. It was promised that the OD will be sanction within 15 days if all the papers are in correct manner. All the papers were found in ok condition after 15 days, then suddenly axis bank credit department woke up and started digging queries. As they asked we fulfilled them then n there. Finally on paper sanction came on 10th june 2023 (1 month later the submission of papers). 7 days have passed since then still there is no single disbursement in our account and when asked they are still asking for completely baseless documents as 1)PDC of any account with the same name(as per there agent Mr Om prakash any account whether dormant or not in use since years, any PDC will work). 2)Rent agreement of mortgaged property with NOC by the tenant(as per Mr Om prakash the tenant who may leave house in the evening can also sign that NOC). 3)Life insurance of 12000/- was demanded by Mr Jeeshan idrishi mob:[protected], with a proper threatening tone that if this demand is not fulfilled the disbursement will not happen.
4) Address change in adhaar is mandatory as per Mr Om prakash mob:[protected] again badly threatened that disbursement will not be allowed if not done (whereas on paper sanction was done without the right address, it wasn’t a barrier then)
Both these above said employees including the credit department has harassed me to the extreme limit.
I want action to be taken against these employees and pay me back my processing charges including all the other charges they have taken.
The harassment faced by me was limitless and if not taken any proper action within 24 hrs i will escalate this matter to higher authorities.

No regards
Ajay kumar
+4 photos
Was this information helpful?
No (0)
Yes (0)
Jul 31, 2023
Complaint marked as Resolved 
Axis Bank customer support has been notified about the posted complaint.
Verified Support
Jun 27, 2023
Axis Bank Customer Care's response
Hi, we regret the inconvenience caused and are open to help you! Please share with us your registered contact number and we will get back at the earliest. Also please note, as part of the resolution process, our executives will never ask you to initiate any financial transaction or download any app or part with confidential account related information. Please refrain from doing so and report such incidents immediately. Regards, Team Axis Bank
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Axis Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    52%
    Complaints
    12953
    Pending
    0
    Resolved
    6557
    Axis Bank Phone
    +91 22 2764 8000
    Axis Bank Address
    Axis Bank Limited Corporate Office, Bombay Dyeing Mills Compound, Pandurang, Budhkar Marg, Worli, Mumbai, Maharashtra, India - 400025
    View all Axis Bank contact information