Bajaj Finance Complaints & Reviews

An amount of rs 1812/- was debited from my SBI account no [protected]. I have not taken any loan and all my loans are cleared on time.

I have recently paid my emi manually still the money is automatically deducted from my bank account please refund me my money

I recently paid my emi manually still the money is automatically deducted from my bank account please refund the money

Daily 5 to 6 times phone calls from bajaj finance comes regarding to take loan. I am not interested to take loan . So please stop the same if not than i shall move to consumer court. My mobile no . [protected]

Today my sbi bank and debit amount 999 because cmp mandate debit, pls help me

Dear Team,

I had availed a financial assistance of Personal Hybrid Flexi loan amounting Rs.1146433/- on 18.02.2020 vide loan account number P410DHP1521901. And I had repaid the entire amount in February 2021. Even after that they had deducted an AMC charge in March 2021.

During the time of loan disbursement, Sudipto (+[protected] was unclear about the foreclosure charges. I got a clarity only in February 2022 when they again called up for keeping an adequate amount for the AMC payment.

I had requested the team to close the loan account as I had paid off the loan in February 2021 before resigning from my employment. Still they had taken the AMC after that.

And right now, I am not employed
anywhere.

The Bajaj Finance We Care Team wrote to me -
"Further to your query regarding foreclosure charges, Refer Page No. 20, Under Schedule II, Point No.8, Prepayment Charges - Full Prepayment charges where it is mentioned that Foreclosure charges will be applicable 4% plus Taxes on reduced assigned limit".

Now since there is no outstanding then why not close the account? Unnecessarily, why do I have to pay the AMC when there's no loan outstanding. Howcome, now Bajaj Finance is asking me to pay an outstanding amount of Rs 109/-?

The company's sales person Sudipto (+[protected] was not available to talk when I was texting him to close the account. He got someone on the phone to tell me that closing of the account is not possible. But while getting the customer onboard he was super quick in directly responding!
Total lack of transparency on part of Bajaj Finance when it comes to closing of flexi loan account.

Fraudulent activities denied by Bajaj Finance:

Against this loan account a fraudulent activity of Rs 12100/- was done through Bajaj Mobikwik app on 30th November 2021 after the call came from Bajaj Finance (as the Truecaller showed). After realising that I was fooled, I had disconnected. The fraudster then repeatedly called up on my mobile (as shown in the attached screenshots.

As was expected, Bajaj Finance denied the involvement of its employees and gave me some IP addresses. If some employee is not involved in divulging customer info to the fraudster then how could he tell me the transaction details of the loan account?
And as I have heard from others, this is quite common followed by a futile exercise of writing to cybercrime cell for the customers.

The fraudster has already taken four years' AMC from my ICICI bank account and currently I have no money in the bank after the fraudulent activity.

Hence, I would request Bajaj Finance to close my loan account without taking any further charges - be it foreclosure or Rs 109/-.

I would wait with patience till the issue is amicably settled by the company else I would have to put up this letter on social media and give a Google review.

Thank you.

Nilanjana De

I am getting unwanted calls from Bajaj finance.

The executive called me and said that I have sanctioned a pre-approved loan of Rs. 1, 44, 000/-. so that I accepted. Later I got a call from another executive, for documents and he explained the loan details. He said that Loan will be disbursed in full and the interest is 1.57 per month and the tenure is 2 years and I accepted and submitted the documents. The next day he called and asked me to open the loan agreement link and asked me to click accept and proceed options. He was not given time to read the agreement, I thought he may have mentioned the details of what he promised me. Hence I accepted the agreement. Once the loan amount was disbursed I came to know the amount was sanctioned to me is 1, 59, 632/-, but the loan disbursed 1, 41, 000/-, interest rate 32% per annum, tenure 3 years. almost 18000/- was deducted for 2 insurance, breakup period interest and processing fees. later I requested them to cancel both insurance. They cancelled and adjusted the amount towards the loan as a part payment and I Informed them to make changes in interest rate and tenure as they promised but they did not agree and they tried to convince me and they are asking proof. I couldn't recorded the call, how could I provide proof. through their company number only the executive has spoken, then they can take that records right.
I don't know why they don't keep their words. It's my humble request to you to resolve this issue. please reduce interest and tenure as they promised.

Thanks and Regards,
Prathibha Kumari

I am getting unwanted calls from Bajaj finance

Hello sir/madam
My name is T Nadeshu Rao. In April 2019, I brought a vehicle from Odisha Bajaj on 3 year installment. Which is supposed to end on 2022 April.
Since I did not pay installments for 3 months during covid, so I have paid installments every month till August 2022. And I paid the fine sum of 12, 800 separately in my loan ID which I have the screenshot of that payment. The officer says that, All your money has been paid and your loan will be closed in 3 days. it will take time to update. I also have the call recording of what she said, But now it's been 2 months now, bajaj officials are threatening to ask for money, otherwise they will take the bike off the road. they agree that I have paid the money but the system is not updated, so they are bothering me by asking me to pay again
Name - T. Nadeshu Rao
Loan ID - L2WBHU0702952

I am karthik palanisami iam the coustomer of bajaj finance my loan number is LAN 459ECFIJ228693 this month I can not pay my EMI due amount due to my personal issues collection people and collection manager muthu ph [protected] he give the lot of torture with me and he unless to talk to me mentaly I disturbed ao take the action

Salem 646004
tamilnadu
Thank you

Hi Airtel the service of 20 call and 20 message which is activated by you creating a problem in doing my work so deactivate this service as soon as possible so that I can do my work Thank you

Recovery agent harasing me and my family plz take action

An amount of 1848/- Rs Debited from my SBI ACCOUNT

An amount of rs. 117 is deducted through ecs from my savings account of SBI bank without any information. I don't have any outstanding amount with this company. Although i dont taken any loan from bajaj finance. I dont know the reason for the deduction, the bajaj finserv card, that was send to my address was never applied nor requested by me still it landed up at my place. I totally don't understand they apply these kind of charges which are totally irrelevant.

Kindly refund my amount of rs. 117 at the earliest. You can contact me on

www.[protected]@gmail.com/ [protected]

"SBI a/c no [protected] has been debited by rs 117 on 25/10/2022

I noticed that in my SBI Account statement Rs 117/- was debited towards CMP mandate Bajaj Finance. I would like to inform that long ago I have taken loan from Bajaj Finance for purchase of item under EMI scheme and and I have paid all the EMI's in time. Again Bajaj finance deducted the amount of Rs. 117/-with any information. Because of loan we provide you all our bank details its doesn't mean that when ever you want you can make online transaction. So I request with Bajaj team not make such type of transaction with informing to customer by call or email. Now I feel that Bajaj finance also not secure for providing bank details.
At the time of loan processing your representative need to inform all the details.
Please arrange for reversal of the amount deducted.

My humble request with Bajaj finance customer keep hopes and faith in you. So kindly don't loose your customer for this kind of mistakes.

Regards,
Ashok Singh Sajwan
M: +91-[protected]

Hi team,
Bajaj finance is deducting money from our account over years and do the needful to stop this and give back refund .

Rs 117 deducted from my sbi account

Hi,

Amount of rs.117 has been deducted from my account without my knowledge.

I request you to look into this issue on priority and refund the amount immediately to my account.

Regards
m.kannan

An amount of rs. 117 is deducted through ecs from my savings account of SBI without any information.Again bajaj finance deducted the amount of rs 117/-with any information. Because of loan we provide you all our bank details its doesn't mean that when ever you want you can make online transaction. So i request with bajaj team not make such type of transaction so please refund the amount to the account . Acc no [protected] Thirunagar Branch Madurai.Contact mail [protected]@gmail.com

Dears,

I noticed that in my sbi account statement rs 117/- was debited towards cmp mandate bajaj finance. I would like to inform that i purchased lot of things from bajaj finance and paid all EMI on time. Again bajaj finance deducted the amount of rs 117/-with any information. Because of loan we provide you all our bank details its doesn't mean that when ever you want you can make online transaction. So i request with bajaj team not make such type of transaction with informing to customer by call or email. Now i feel that bajaj finance also not secure for providing bank details.
At the time of loan processing your representative need to inform all the details and they deducted the money for bajaj emi card also almost a year completed still i didn't get the emi card also.
My humble request with bajaj finance customer keep hopes and faith in you. So kindly dont loose your customer for this kind of mistakes.

Please return my money to me back.

Regards,
Monika Roy