Bajaj Finance Complaints & Reviews

My Loan a/c number is 4010CD00946844
I bought a washing machine, with a loan amount, as stated of 21990, 2 advance EMI was taken, 8 months, EMI, were to be continued, total of 2+8=10 EMI's. The Representatives, well taught and trained by the company, to do the Manipulated Cheating activities with the new consumers, They Never ever Told for the Promissory Note, and god knows, who signed the promissory note, as far as I am concerned, I have not signed it, Moreover, For a loan amount, of 21990, how come, they wrote 3 times, of the loan amount sanctioned, by them, when a person has not taken, that amount, that too for no reasons, I can write this on stamp paper, because as far as i know, I have not written it, and have not signed this promissory Note to the best of my knowledge.

I have Tried contacting bajaj finance, on both their numbers, wherein they clearly state on IVR, they do not entertain, the consumers, and do not have any option to speak to somebody, intentionally, so that consumer cannot contact them, for their query, complaints and resolution.
What My concern now is, They cancel, there FAKE PROMISE NOTE of 75000, and send me a letter stating clearly, that they have cancelled the PROMISSORY NOTE, a clear NOC with immediate effect. I have cleared 9 EMI's out of 10, and my last EMI, is to be taken in the month of aug 2014. But I am ready to clear the last EMI's as well in advance, in order to close, my consumership with Bajaj Finance, for life long as they are doing it intentionally with the consumers, adding Fraudulent Prommissory note, w/o any knowledge to consumers, if they want I can clear that one EMI also in advance,

ALSO I want, to state, any promissory note if they make, it should be properly written in consumers own handwriting, so that consumer should be well informed, instead of fraudulently adding it by themselves, Any activity done should be transparent with the consumers.
I never had expected such a big brand, can do such a cheat. of adding a fraudulent.

lokesh

We having bajaj cousmer product loan no-4010cd01277080.We have finance amount-15711/as per rule may emi amount is 1310/pm but compnay deducted every month 1450/pm, we have concern my sales dealer(Rimpy electronics) at kishan ganj .Dealer says company deucted for extra gurantee charges without any intemation, kindly reversed my extra amount in my account please explain the all process through the mail([protected]@gmail.com) my contatct number-[protected]

Sir, I am Anupam Ghadale from Pune, I have purchased LED from Relinace Digital, my Deal ID is SF15893308, I have not inquired for any Life Insurance still I have been given an Insurance policy without my consent, it will be getting deducted from my account on 5th of every month. I am requesting you to deactivate the policy as I am not willing to pay for it. Kindly do the needful.

Dear sir,
My name is ashok kumar and my pan no. Is 'CDKPK5123R ' But till today i dont have purchased any product through bajaj finance, but when i am going to apply for finance a product through bajaj in chroma chandigarh, the bajaj Service refuse my request with negative response even then i have no any loan or finance with bajaj finance services, and the executive saying that it is technical fault, which i cant understand which kind of fault going on, so i request you resolve this issue as soon as possible otherwise i will take a stick action against your company.

Thanks
Ashok kumar
[protected]
Chandigarh

From, AJAY KUMAR PRASAD H.No. 1056/45 MODAL TOWN, PO- BILHARI (MANDALA ROAD) JABALPUR (MP) 482020 Ph. No.[protected] Mo. No. [protected]/[protected] TO, CEO CUSTOMER CARE BAJAJ FINANCE PUNE (MAHARASTRA) Date:- 27 June 2014 Subject:- Regarding Personal Loan Respected Sir/Madam, With due respect and humble submission I would like to state a few lines under your kind consideration and favorable action;  That I am an employee of Kendriya Vidyalaya Sangathan (working as TGT Maths)  I was offered a loan of sum of Rs. 48, 000 for consumer goods by one of your distributer Prakash Brother (only due to his request). But only due to some technical problem somehow my first EMI was bounced by the Bank (i.e STATE BANK OF INDIA). But after that each of my EMI was cleared in time.  Later on only on your some employee’s phone call I took a health plan (I even told him clearly that I am a government employee and we have the facility of CSMA by govt. of India). In this also first two of my EMI was bounced but things materialized by changing my account.  In the month of March and April of this year again there was a call from your end for a personal loan of 99, 000 and yes was in need of that and I agreed for the same.  I approached your local head office where I met one of your employee who assured me for the above mentioned subject. All paper work and the formalities were completed by me. But later he gave me the excuse that as the EMI was bounced so you will have to pay your remaining EMI in advance for your health plan.  As soon as you pay the EMI you will get the loan within two to three days.  But I am still waiting for that two to three days, please guide me for the same i.e how long I will have to wait or waiting is in vain.  So that I may take the loan from other bank. Thanking you in anticipation Yours faithfully AJAY KUMAR PRASAD

We bought few electronic goods via bajaj finance. I had no problem with payments. Unfortunately i registered with their online site to keep track of the loan account. Even after years of closing the loan account i still get sms asking me to login and check the account details. I tried to unsubscribe but there is no option on their website. I couldn't file an online complaint as my account is closed and they are not accepting online feedback for closed accounts. Tried calling their customer care which will put you on hold for several minutes and finally disconnect. My humble advice is to avoid going for these unsecured loans from bajaj. It is worth to wait for few months save the money needed to buy the electronic device. Future pestering from this finance service will deprieve your peace of mind.

I have bought two wheeler from bajaj and loan availed from bajaj finance which has been closed in the month of octomber 2009 but the noc for the same is not received for the same . I am trying it from last five years and nobody is responding it properly and they dont have any service manager for the same in the branch . Staff neglects the customer problems.Please help me for the same . I have attached recepit photo proof.
Thanks
Sp.Manoharan
[protected]
[protected]

Loan no:[protected]
Req no:41901119

Dear Sir,
i had taken loan for led to from bajaj finance dated 10.3.2014 our loan amount sanction by bajaj fin.59901/-.and its divided in 9 EMI.But bajaj fin.without our knowledge add extra warranty in our EMI.I shocked when we get msg from bajaj fin for pay our first EMI amount is 6881/- instead of 6656/-.its high of 225/- against my EMI.I contact to local office staff Mr. sagar & kushal.but they not given me satisfied answer .last 2 EMI deduct my bank a/c 6881/- instead of 6656/-.. i want that excess amount of my EMI who deduct by company in last two months is back credit to my a/c or less in next EMI.and further he deduct right amount ( 6656/-) in our a/c.

with thanks
shyam rawat
[protected]
[protected]@rediffmail.com

Dear Relation Manager

Plz arrange to reverse insurance plan which you people attached with Loan application No : [protected],
as Miss.Supriya Shetty of your organization didn't told about this this while taking loan, why I should pay Rs.10000 for insurance, unnecessarily it is increasing my burdon of repayment.

Plz do the needful asap.

Regards

Yellappa Banne
ITC Limited.

Dear team,


According to below details. My consumer personal loan account still not closed. I already paid all the settlement amount to bajaj finance. So pl check and update accordingly. It will help to my civil record.


If any query pl call me on [protected]


Account details dates


Account number 4570PL00024100 date closed -


Account type consumer loan date of last payment


Ownership individual date reported...

Dear team,


According to below details. My consumer loan still not closed. I already paid all the emi to bajaj finance. So pl check and update accordingly. It will help to my cibil record.


If any query pl call me on [protected].


Account details dates


Membername bajaj fin ltd date opened/disbursed[protected]


Account number 5770cd00041994 date closed -


Account type consumer loan date of last payment[protected]


Ownership individual date reported and certified[protected]


Account status


Credit limit - rate of interest -


Sanctioned amount 37, 900 repayment tenure -


Current balance 0 emi amount -


Cash limit - payment frequency -


Amount overdue - actual payment amount -


Regards
Mukesh

I had purchased an AC through BFL finance on 26th April"14. I had completed all the documentation and accordingly have received a confirmation SMS on my mobile No: [protected] stating that my loan application SF[protected] has been accepted and approved. But till date i have not received any EMI deduction details so far neither from BFL nor from my Bankers. Also i had applied and paid for EMI Card but even after more than a month, I have not received the EMI card. I had mailed the complaint @ [protected]@bajajfinserv.in on 7th June but yet to not got any resolution.

I am Ramaswamy pillai, On[protected] i bought a new Bajaj CT100 vehicle registration number is 2335. The account should close on[protected]. An insurance check and a due did not come to my bank for collection but i had money in my account on that day. You asked me to pay penality for it but i refused to pay it. Later i got a phone call from your Delhi head office to pay only the amount not the penality i had also paid and got the NOC also.The account closed on[protected] but now when i checked in credit information bureau my status was POST (WO) SETTLED. i was not able to get any loan .Please cancel that and help me. My contact no: [protected]

My Loan application number: [protected]. Hello, This is Gnanasekar from Chennai. I've applied for a personal Loan in Bajaj Finance ltd 2 weeks before and got less amount. Even the customer care persons admitted that the amount is less and asked me to contact thier greviennce team. Based on our discussion i've sent the statement which i got from Bajaj Finace. A customer care person contacted me and sent the split up of documents. I found that amount of INR 999 has been deducted in the name of "Credit vidhya". When i asked about it they sent me an email statement with Credit Vidhya report. It is just an advice to take loan and to determine how your cibil points will be rated. I don't need such study reports as i knew it already and there is no use of such reports. This seems to be hidden charges without informing the customer. I asked for the amount to be refunded in my account. The customer care person said he will take up this issue and arrange for refund. But again i got the same report in the name "financial Fitness report". I really don't need such useless reports for my RS.1000. Therefore it seems Bajaj Finance is Looting customers money by these hidden charges. Atleast this should have been informed earlier, if it is informed i would have not taken loan from Bajaj Finance. I've sent several emails but no proper response. Its almost 1 week now. Now i've to cancel this loan because of their poor actions. If they charge some amount for closure then i've to go to consumer court as no choice left for me. For other friends those who are planning to take personal loan, please take it from reputed banks (transparent charges) instead of these financial looters...I'm expecting a reply or response from Bajaj finance. I'll update in this forum until my issue gets resolved.

My Bajaj EMI Card No: is [protected], with a loan Amount: ` 100000.00. At present the card status is inactive, and the relevant iformation regarding the above mentioned card says that it was blocked permanently. My EMI payments are regular, and I don't why they have deactivated my card without any prior information as such. Could you please let me know why my card is being deactivated?

Regards

K SRIKANTH REDDY

i have taken personal loan amount of rs/-57000, and i have already paid 17 emi...
now i want clear all amount in one shot payment, but am no able contact the customer care no ..i called so many times to these numbers [protected] [protected] [protected] even though am not getting any response from these numbers


what the hell service your giving for customers .i want immidiate response from concern person regarding my query...


regards
sudhakar
[protected]

your staff said HP slit 7 tab is not available at 0 % interest and he charged the interest around 1600 rs . i received the bill detail through e mail Says no interest taken from me, then why he did unfair trade, lying and c hitting to me .

i can present the bill detail if required (i cant attach here, no option )

date of purchage[protected], 12.17 pm at croma near M2K rohini.

deal id--SF14480037..


My phone number--[protected]
I want my money back as soon as possible(rs1600).

regards

Dr rajeev kumar

Please delete loan account # 515BAL02888079 which has been deliberately linked with my CD loan a/c # 5150CD02888049. I haven’t applied for the life insurance from you or your agent. Please inform me soon regarding this. I am taking very seriously and this is a major mistake from you. This is very painful for your customers and they suffers lot

I have applied for Personnel loan at Bajaj Finserv for 3 lakhs, 5 year duration with Rs.7000/- EMI on 10/05/2014 and also the same was sanctioned on 11/05/2014. After the same Worst Experience Started.
Bajaj sales person had told me that loan amount will be credited to my account within 24 hours. I have not received that loan amount till 1 week even after multiple written complaint to their grievance department. Even sales person and my account relationship managed was not answering CALLS.
After the same I had to personally visit Bajaj Finance at Panchavati branch and after my visit only my loan was released on dated 22/05/2014.
My all commitments were spoiled and I have to suffer from financial losses.

Still issues not over. At online portal it shows LOAN tenor is 3 YEAR instead of 5 YEAR and Loan EMI of Rs.10400 instead of Rs.7000. Also above details were verified and confirmed from LOAN officer from Bajaj Finance.
STILL THERE IS NO RESPONSE from BAJAJ FINANCE for above issue.

Hello, This is Gnanasekar from Chennai. I've applied for a personal Loan in Bajaj Finance ltd last week. earlier they informed me that the processing fee is 1.8% and Rate of interest is 14.5%. But while sending the confirmation email they mentioned Processing fee as 2% and Rate of interest as 14.75%. After my reply email i believe they changed it back to 1.8% & 14.5% and processed the same. Today i got the amount credited in my account. But they deducted additional amount of arround INR 2500 other than processing fee. I guess it should be for insurance. But I did not opted for insurance and hence not signed in that column. But they simply deducted on their own. In this case I'm not getting any proper response from the Bajaj Finance ltd. Im really depressed on these cheap / malfunctioning of Bajaj Finance Ltd. So i decided to not avail this loan and decided to move to consumer court If they didn't credit the unncessarily deducted amount. Very poor processing and malfunctioning at the start of the loan makes me un-comfort with Bajaj Finance ltd.