Bajaj Finance Complaints & Reviews

Dear sir,

The Bajaj finance representative Vipul bhai has insisted to me to apply for a 10 lacs professional flexi o/d loan in this concern I connect with his cluster manager Akaram Bhai. but both are misguiding me to pay charges and transfer loan for OD etc...
both have repeatedly told me that there will be no charges while doing the process they committed to me that only 700-800 Rs will be charged extra instead of these the charges applied of Rs 51000.
I do not want to continue this loan further and this indicates the clear cheatings with me and I just want to cancel it.

I do not want to bother it for next 8years. and even not be liable for closed charges.

I have enough proof of records of the whole process and conversation.

Please help me for the same.

During my discussions with your loan agent, I was informed that the applicable interest rate for my loan would be 11%. Based on this assurance, I proceeded with the loan application. However, after the loan was disbursed, I carefully reviewed the documentation and was surprised to find that the actual interest rate applied is 14.5%, which is significantly higher than what was initially communicated

This unexpected increase...

I purchased a laptop through Bajaj Finserv for Rs.121, 490, with a down payment of Rs.43, 774. I opted for a 9-month EMI plan, where I was informed that I would pay Rs.8, 100 per month for nine months. June 2025 was supposed to be my final payment, as per the initial agreement. However, the app now shows that I need to make an additional payment of Rs.8, 100 for the next month, which contradicts the original terms....

Planet spark said that bajaj finance will deduct the money from bank account as emi. But the bajaj finance receipt shows that we have taken primary loan which they did not tell us. We did not approve any payment for loan. They took pan card, photo, cancelled cheque, aadhaar card digitally. They got details from us but they did not tell us about loan. The bajaj finance took otp to say for kyc approval. The planet spark said that they will...

From the last 5 months, I am complaining and calling Bajaj Customer Care but the call never gets connected and only it wastes time on the IVR and gets disconnected automatically. I requested for call back multiple times but I never received any call from them. One of the worst company I have ever seen in my life. Bajaj sends so many unnecessary promotional sms, whatsapp messages even after unsubscribing them. They always send sms for no reason...

Dear Bajaj Finance Team,

I hope this email finds you well. I am writing to formally request a correction regarding my Two-Wheeler Loan (Loan No. L2WBANO8997958), which was fully repaid and closed, with the No Objection Certificate (NOC) issued on 07/09/2022.(NOC Srl no.: 4143588)

However, upon checking my CIBIL credit report, I noticed that the loan is still being marked as active, which is causing unnecessary concerns regarding my credit profile.

I kindly request you to:
- Verify and update my loan status with CIBIL and other credit bureaus.
- Provide me with an official confirmation once the correction is made.
- Expedite the process to avoid any further discrepancies in my credit history.

(NOC Srl no.: 4143588)
Kindly let me know if any additional details are required. I would appreciate your prompt response and resolution to this issue.
Looking forward to your confirmation at the earliest.

Best Regards,
Yashwanth Kumar R
[protected]
[protected]@gmail.com

Dear Consumer Forum,
I am writing to formally lodge a complaint against Bajaj Finance Ltd. regarding the unethical practices, misrepresentation of loan terms, and ongoing harassment I have faced.
Details of the Complaint
Complainant Name: Palak Parin Shah
Loan Account Number: P418PTP14468324
Mobile Number: [protected]
Email ID: [protected]@gmail.com
Nature of the Issue
Misrepresentation...

On 20.12.2024 morning during 11 to 11.30 i lost my Iphone and its EMIs are still due for 8 months please tell me what to do....

Bajaj finance card

Dear sir/ mam I am Pramod Kadam using our bank (IDBI) Bank account no.[protected] (Mulund east branch)
Many times I am informing to My branch and also loan department of bajaj finance in my IDBI BANK ACCOUNT debited 590 Rs charge i. e DIRDB charge 5 time in a month and till month also are as follows.

1) 13 Jan
(IDBI Bank A/C NN02466 debited INR. 590.00 Det:DIRDB*020823*1*BAJAJ FINANCE L. Bal (incl. of chq in clg) INR. 3380.90 as of 13JAN 17:50 hrs.)

2) 16 Jan
(Your IDBI Bk A/c. NNNNN02466 debited Rs 590.00 on 16 JAN. Details: DIRDB*030823*1*BAJAJ FINANCE L. A/c Bal Rs 1440.90 as of 16 JAN 11:45 hrs)

3) 18 Jan
(IDBI Bank A/C NN02466 debited INR. 590.00 Det:DIRDB*100823*1*BAJAJ FINANCE L. Bal (incl. of chq in clg) INR. 850.90 as of 18JAN 21:42 hrs.)

4) 16 March
(IDBI Bank A/C NN02466 debited INR. 49.15 Det:DIRDB*060923*1*BAJAJ FINANCE L. Bal (incl. of chq in clg) INR..00 as of 16MAR 11:27 hrs.)
5) Your IDBI Bk A/c. NNNNN02466 debited Rs 540.85 on 04 SEP. Details: DIRDB*060923*1*BAJAJ FINANCE L. A/c Bal Rs.15 as of 04 SEP 19:15 hrs

There is no any dues for my side then whay debited the amount in my account
How can I trust your bank is safe for me kindly seen the matter and solved it.
Hope you
sir/mam you reply my mail
And take the action against the digital channel why generated charges again and again.
And clarify the amount where is gows and refund this amount as soon as possible.
Here with attached Bajaj finance no due letter.
Thanks and regards.
([protected])

Below mentioned Messge coming to my mobile no: +91 [protected]
With out my submission and Permisission

Dear Sir/Mam, Yout OTP is 374836 Caringly Yours -BAGIC

Dear Sir/Mam, Yout OTP is 066231 Caringly Yours -BAGIC

Noticed that in my sbi account statement rs 117/- was debited towards cmp mandate bajaj finance. Without my concern how did they deducted the money from my account. I have no dues with them and Clear all the EMI long time back.

It is to be noted that I have no EMI Card and I have never applied for any EMI card and even if it is issued I have never received it till now. So, I need my money be refunded.

My name is Juli Bharti Gupta
I am exits Bajaj Finance customer. I had completed All loans
but I come know that my emi card was blocked with out any prior notice. I find out this while i try to apply for next loan.
I try to conduct customer care by call but no replay Could you plz able to tell me what is reason was the card blocked. and what can i do for reactive my card again.

Sir, I have recently(on 31.03.2023) paid Rs.605415/- to Bajaj for pre closing my loan account P6W6PGD3996812. Unfortunately, they still deducted Rs 13888/- on 03.04.2024 along with Mandate Fail Charge of Rs 295/-. Although, after contacting with them regarding this matter they have refunded the EMI amount of Rs 13888/- but till date they did not refunded me Rs295 i.e the mandate fail charge.

I have a no cost emi in bajaj fianace and the EMI deducted 2th of every month. In July 2022 I have sufficient balance in my Account at given EMI date But due to holidays bank didn't deducted EMI at same day. After that Bank of India deducted NACH RTN charges Rs 295 at 2th JULY. This was also happened in june Why Bank deducted these Charges while my account has sufficient balance both time....

I have taken a phone from Bajaj in the month of November and due to sudden job loss I couldn't able to pay my emi and I have informed the Bajaj office manager Mr Anjitha who is the manager of Thrissur branch and he is shouting on the call by that time I was admitted in hospital because of accident and I informed them that once I recover from this I will search for a job the god grace iam ok now but the Bajaj person is sending wrong voice...

BHFL fraudulenty charged me 2lakh processing fees under the guise of selling me a VAS Group Home Loan Insurance. Then they cleverly proceeded to club my actual processing fees of 6000 with the 2L so as to show the "processing fees" of 206000. Hence they sold me a free product and charged an exorbitant processing fees of 2L. They added them together by fooling me saying "They dont have a seperate line item for that 2L they taken for the insurance...

Dear Sir/ Mam,

I am getting unwanted calls from [protected] &[protected].

Also they are tired reaching my organization members asking for my details even though I have not taken any loan from them and neither I am guarantor to anyone.

Also they are giving false information against me to my organisation members and multiple people and trying to get my personal details.

They are mentally harrassing me and torchering by involving my professional members.
Multiple times I told them that I don't know the person they are talking about still they are harrassing me and involving my professional career in this.

Please take strict action against them and ask them to stop calling and my Organisational members as soon as possible.

Hi they had committed below terms and conditions, but they had converted for last 3 months. But now they are asking 12000 plus for processing which is too much. Purposefully asking more charges to convert flexi to term loan.Please take necessary action on bajaji and reduce to 2100 as switching fee.

CONVERSION TO TERM LOAN

LAN NOS
H404HLP0459432
CUSTOMER NAME
MURUGAN VALATHI ELUMALAI
AMT...

I'm getting calls from Bajaj Fianance on daily basis from different numbers for the same over draft facility for which I never asked for, never signed up for, never searched for.

I had tried to register for DND with in Bajaj Finance but hard luck.

Again today I've received a call from Bajaj Finance, Pitampura branch, Delhi from number +91-[protected].

Here is the list of the last few calls received.br...