Bajaj Finance Complaints & Reviews

Bajaj Finance is charging 4.6% as foreclosure charge now.

I have two personal loan from Bajaj Finance. The loan details are
1. 404SAL10647085,
2. 404SPL2619287

The issue is i am planning to close the above PL. but there is a foreclosure charges has been added. But when i took the loan they said 0% foreclosure charges. I took a loan in 2015 and one more loan in 2016.

Today i visited to the customer care office in Bangalore. They asked me to sent a email to [protected]@bajajfinserv.in

This is the reply which i got from the customer care.
[protected][protected][protected]
Dear Customer,

Thank you for your association with Bajaj Finance Limited (“BFL”).

As discussed with you on call [protected] and with reference to your email, we would like to bring to your attention the following:

1. You have availed financial facilities amounting to Rs. [724589 and 911762]/- (Rupees [in words] only) vide the subject mentioned Loan Account(s) from BFL.
2. You have submitted a request to foreclose the said Loan Account(s) vide the above referred letter.

We would like to inform you that BFL has implemented the foreclosure charges effective June 2016 for all its customers. Accordingly, in case you choose to foreclose the aforementioned Loan Accounts, the foreclosure charges are payable basis the loan agreement(s) executed by you with BFL,

The same has been intimated by BFL from time to time through various modes of communications including by way of letters couriered to you as a customer.

We would like to bring to your attention that levy of foreclosure charges to your Loan Account(s) is as per the prevailing Regulatory guidelines and the current market practice.

Thanking You,
Yours Faithfully
Mangesh Y
Bajaj Finserv

Hello,

I am Shanmuga Sundaram Maran, residing at 8-2-293/82/B/101, Gayathri Hills, Jubilee Hills, Hyderabad, TS-500033.

I lost my bajaj EMI card two months ago and my customer ID[protected]. Request you to kindly send in a new card ASAP as we would like to purchase few house hold things at the earliest.
For further query you can reach me on the below give phone number / email address:

Phone:- [protected],
Email ID:- [protected]@gmail.com

Thank you,
S.S Maran

I have extended warranty for my godrej AC for purchase after 3 month and the emi paid and extend warranty emi are all paid but don't reaceved any document or any noc to confirm me and daily call centers are call me to extend warent I have have alrdy extend warranty pls solve my problems call me as soon as possible to solve this I have face problem by my ac and 1 year are completed I want reapair my ac pls send my loan documents extend warranty cd no 401EWC25604777

Sir I has purchased IFB ac on 21.04.2017 in continuation to that my ECS is returned by my bank due to mismatching of my sign which is come to know today by your persons call, but i can approached local puducherry BFLbranch/ my bank branch no details obtained what can i do at this stage and please furnish my loan account no to me my cell no is [protected]

Hi, I am frustrated by receiving 10-20 calls daily by Bajaj Finance. My number is in DnD but I am getting this calls. Some of the numbers are as below
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],
[protected],

Could you please stop calling my number
Thanks
Sanjay Jain, M [protected]

You guys are annoying and irritating. Though I have mentioned thousands time to your customer service people, not to call, then also I get calls daily 3-5 times. Your customer service people are rude also, I would like to highlight it publically. I don't wanna buy anything from you, if you continue to call like this, I would in fact never prefer you. Thank God I did not buy anything from you.

A girl works in Bajaj finance, whose name is Kalpana Sharma([protected], [protected]). She will get a loan of 5 lakh under the marksheets, for which she first started 1050 rs in (Mohit Sharma account, [protected]) after that she said that you have to pay 10450 rs which is our transfer fee and you get back she said so. Then, on behalf of 25000 rs and towards the name of insurance, you will get your money in your account 1-2 hours after transferring 25000 rs transfers, but they did not come. There is no company in the name of the person who knows the address of his office. The account that I put in money is also not ready to meet and now it is asking for 22450 rs and it says that it is a TDS fee because your loan amount is more than 5 lakh. Please help in this meter and take this against the FIR option.

Fake address Upper Ground floor, Himalaya Builind, Kasturba Gandhi Marg, Connaught place, Bara Khamba Road, New delhi 110096.
Mohit Sharma [protected].

Hi
Sir your workers r not providing proper time to us
I think they dont have any proper timing in office
They took 3 hours to provide me my gold
They made me seat for 3 hours in the office just by saying wait for 5 min worker is coming
No one was on the proper place
Its my request on behalf of all o[censored]s plz take a look for it timing is very important for everyone
Thank you

I got my personal loan sanction on 3 June 2016 with zero foreclosure. IN May 2017 when I approached customer care of Bajaj finance, they asked me to pay outstanding principal amount along with foreclosure charges of 4.6% (inclusive of service tax).
This was first time when I came to know about the foreclosure charges which is breach of mutual contract between us.
My questions are simple that when they started levy of foreclosure from 1st June 2016 why they sanctioned loan on 3rd with 0 foreclosure, which means they just try to exploit the customer at their wish.
Further, if my loan is sanction after the policy change, so exception approval has been take to grant 0 foreclosure loan and I am not liable to pay foreclosure charges but they are not ready to listen any thing.

It is so irritating when I have to pick up the call from different customer executives on daily basis. I do not understand if a customer declares he do not want loan or a credit card, why does your representatives still keep calling me.

I have already blocked lot of your numbers but still they keep coming.

Please stop this harassment. my number is [protected].

I am receiving at least daily Five phones from Bajaj Finance with code starting 0140 . I have once taken a loan from this company and after that I am the target of this company for phone harassment. Even at Sundays and Holidays at odd times in the afternoon they are harassing me. I am not going to use any product of this company and marketing to my close friends and relatives not to be contact with this dirty company.

Jayashree kartik menon card holders name. Card is issued from Nagpur. (Got it from vedom shop, Nagpur, Maharashtra. We lost the card in Delhi station today early morning at around 5.45am. This is the only information we have. If you could please block our card as soon as possible as any one could use it at any time. Pleasw try to solve our problem and let us know what we need to do.

Hi, this is to informed you that [protected] this number is registered in bajajfinserv. I want to replace this number instead of this number [protected]. Actually i have called many time on customer service number to change the nymber but till date no response kindly do the needful asap as i[censored] people call me for xyz reason i will nt able to answer called ans it will be lost for you people also and for me also. So its a humble request kindly do the need full asap. Will be highly oblige
Thanks asmita sagar

My mobile no. is [protected]. I had purchased a LED in the month of july 2016.
through bajaj finance . The person processing loan had put wrong bank account which was not in service.I immediately informed local Chandigarh branch about mistake, the local branch advisedcme to depoit the EMI in cash and also resubmit the crossed cheque of correct account. I did it accordingly.Today after about one year i have received an SMS regarding recovery of Rs.350/= form my account.Pl. correct the mistake at your end.

Dear sir,
I am rizwan shaikh shamsuddin
Track shipments no.[protected].
Order no. Id 44664662
Oder type pre-paid
My register cell no. [protected]

Sir, my bajaj finance card is still not receieved and i am receiving a massage from your company that the delevery done but consignee not available to receive it which is unbelievable because i have my family at my delivering address which is available 24 hours so please sir, kindly look in to the matter and do needfull so that i could receive my card asap. Please check below the needfull details. Xpressbees logistics. Awb:[protected]
Customer care no. [protected]

Please follow my delivering address:
Room no. 15, j - block, momin bldg. Ahmed zakaria colony, bandra (East), mumbai - 51.
Contacts: [protected].

I purchase LG Air Conditioner in 2014 at Jalandhar Punjab, I proper deposit installment with Bajaj Insurance Rs 5295/- instead of Rs 5000/-. My EMI completed last 1 year but i did not received any warranty card from Bajaj Insurance company. Please send him my warranty card in my home address.
Please your reply is most urgent for me because I already paid money of Bajaj Insurance increase warranty .

Sir/Madam,
I am maintaining five loan accounts vide Loan account nos. _4030CD29374154, 4030CD29374168, 4030CD30100560, 403SOL08089542 & 403SOL14340236 with Bajaj Finance Limited. I am paying all my dues for all the loan account through Equated Monthly Installments (EMI) via ECS mode on 2nd day of every month regularly through HDFC bank. Recently due to unforeseen technical issue with my personal bank account the due amount for the month of May of Rs.35, 723.00 for all my loan accounts has not been maintained. Due to which the ECS has been rejected for insufficient funds. But I have made available the required funds for ECS clearance on 5th May, 2017. Further I have escalated the issue with the Bajaj Finance Customer care executive on the same day. During my call I have explained the situation and also informed about the availability of funds for ECS clearance and I was also told that the company will definitely make 2nd attempt to clear the ECS amount from my account. Even after number of follow ups with customer care executive, the amount was not taken for ECS clearance.

On 11th May 2017 I have received a call from Bajaj Collection agent (Mr. Anish - [protected]) asking for default of loan amount for my loan accounts and I have also instructed to issue cheque for the due amount of respective loan accounts. Upon which I have issued a Cheque vide no. 000023 dated 11/05/2017 for an amount of Rs. 7833/- favoring Bajaj Finance Limited for my Loan A/c Nos.. ( 4030CD29374154, , 4030CD29374168, 4030CD30100560 = 1667+3083+3083). The same has been debited from my account on HDFC bank (statement attached herewith for your consideration). Proof of collection of cheque also attached herewith. The same cheque has been cleared and debited on 15/05/2017. (proof attached herewith).

On 13/05/2017 I have also issued a cheque vide no. 000024 dated 13/05/2017 for an amount of Rs.27890/- favoring Bajaj Finance Limited for my Loan A/c Nos. ( 403SOL08089542 & 403SOL14340236= 21302+6588) where I have been maintaining the sufficient balance for the cheque clearance.

On 17/05/2017, the office has debited my bank account of Rs. 3083/- for the loan account number. Since because of this duel debit to my account, the Cheque no. 000024 issued on for the above mentioned loan has been rejected due to insufficient funds and my bank has debited charges of Rs. 402.50/- for the same as eCS return charges. Since because of this my reputation gets spoiled with my banker.

Recently I have undergone a surgery and I am under medication and bed rest now. Since because of their wrong debit of amount and fraudulent practices of recovering loan many of their executives and collection agents calling me every day and asking me pay the amount which they have debited to compensate their mischievous mistake. Because of this I am getting pressured and tortured and my health is getting affected day by day.

Here I am praying the Honourable authority to get me a right and compensation for the defamation, depression and stress due to them and their fraudulent recovery mechanism.

Thanks & Regards

Geetha Ravichandran
Chennai-600017
Email: [protected]@gmail.com

I have taken a loan Rs 35997/- fromDARBAR Traders Pvt ltd and paid down payment of Rs 9709/- on cash. But on the copy of Loan details send by Bajaj Finance is reflecting only 8000/-. There is a difference of Rs 1709/- between the rate of the TV and total amount paid by me on cash and loan sanctioned by Bajaj Finserv. I try to contact Bajaj customer care but I fail. I contact to Darbar Traders Pvt ltd but didnot get proper clarification. Is is also intimate that the processing fee claim by Bajaj Finserv is zero. I am attaching the email copy of Bajaj Finserv loan detail sent to me. Thanks

Hi,

I got finance from Bajaj for installing modular kitchen in my home which costed 167000...
From that the amount sanctioned to the dealer account is 102000..
And 22000 they told its a (VAT)
And 41000 as pre EMI

So finally the amount sanctioned to the dealer account is 102000

The dealer got extra 10000 from me and finally left the work and not picking the call just by installing The boxes which doesn't worth even 30000

Now I am paying 7300/ month for almost 4 months ...how can I deal with thsi ...I want to cancel this deal and get back my money .

Contact No : [protected]

Hii this us hardik ghanshyam mehta my contact number is [protected] it is my registered number also. I lost my emi card. I want to purchase smartphone on emi based. So can u halp me for my emi card number. My add is kandivli west pin code is 400067. N can u send my card number on my mobile number. Plz help me soon. Its on urgent basis.22nd may is my bro's birthday so i want to give him mobile phone.