Bajaj Finance Complaints & Reviews

Dear all,

I have taken a 2 wheeler loan with bajaj finance & all the emi's are cleared in good manner, except one emi due to some my bank's account issue.

"I have called & clearly informed them to not submit ecs or cheque for clearance due to account issue. Told them to come & collect the money." But, irrespectively they submitted the same & made to make the bounch charges. Also, they have not informed me that i need to make late payment charges. This happened in july 2012 & after 8 months clearing all emi's i asked for the NOC. That time they are telling me that i have Rs.150 balance. I Have paid around 70K for the bike. if they have informed me before i would have made the payment before itself.

When i was looking for the clarity i had Very very bad experience with call center. I don't find what is the mistake from my end. Even though i told them clearly that i will make the payment & they gave me very hard time.

I DECIDED IN FUTURE SHOULD NOT CHOOSE BAJAJ FINANACE FOR LOAN.

L2WCHE01207017

Dear Sir,

Yesterday, 22nd April 2013 I have received a call from the no: [protected] who introduced himself to be a police officer from Delhi Police Control room. He also gave me a number of a so called advocate named Aravaind Agarwal and asked me to call at [protected]. When I called that guy he asked me to immediately make a payment of Rs. 19745/- on the behalf of loan account no.[protected] or visit Tirupathi Office for Payment, to hold my case otherwise he will send my warrant to local police and get me arrested. He stated that my husband has took loan in 2001 for PC (12 years back), where the last payment of Rs.1802 was pending due to insufficient amount and now with the total interest it became rs.19754. but we never took any such loan and I received no calls from Bajaj Regarding any dues.

But I can't understand how they are making this claim now afte 12 years ? Not only that they are threatening me continuously over phone and saying slang to my wife. Even i have called bajaj finance office and asked to pull the records but they are saying they dont maintain old records and i need to pay the amount. otherwise they are going to arrest me. If any one has any clue about this please help me.

I am going to lodge a complaint in local polise station here for harrasing with incorrect details on the police mentioned above and Bajaj Finance. If any othe better solution please suggest.


Regards,
Ameena

I have taken a consumer loan with 0% interest rate from Bajaj finance. I have clearly told no for insurance with is unwanted for me when insurance tellcaller has called.now i receiv mail that insurence is active and i have to pay 672 rupees EMI for insurance along with loan EMI.Do the need ful to remove insurence.
Account ID[protected]
loan NO -4030CD00223079
Insurence No 4030BA00223235

I taken CONSUMER DURABLE loan from bajaj for the amount 73,990.00 . I pay monthly installment of (Rs 3083) per month and my start installment date is 04/07/2011 and my end installment date is 05/05/2013 . This month I have preclosed my loan on[protected] by paying 6242 Rs. Eventhough I have preclosed my loan , Still the emi had been debited from my account. I was shocked to see that. Also I have emailed Bajaj multiple times and called their call center number too , but no one is responding. I am surprised, how this kind of immature behavior is being shown by a financial institution. Bajaj is not concerned about the customers.

Please help me recover the excess amount taken by bajaj from my account.

I have purchesed 2 Ac on 30/12/2012 and paid Rs 199 along with downpayment amount for emi card
I have paid 5 instalment in time to bajaj finance but have not received emi card yet

My email is [protected]@yahoo..com mob [protected]

Dear Sir,

I have purchased two wheeler of Bajaj Discover 125st almost 2 months back from Mega Motors Sion, contact person Mr. Ashok, i have also got the bike number MH 02 DB 6721, now i am waiting for RC book from long time, When i called to mega motors, they told me to contact RTO Office in Andheri (Mumbai)...

Now i am going out of stations and want to take bike also. Please help me for the same matter, so that i will get the RC book as soon as possible.

Thanks in advance...

Regards,
Tarannum
[protected]

Dear Sir,

Today 28th March 2013 I have received a call from the no: [protected] who introduced himself to be a police officer from Delhi Police Control room. He also gave me a number of a so called advocate named Malik and asked me to call at [protected]. When I called that guy he asked me to immediately make a payment of Rs. 16451/- in the account no. [protected] or visit Mumbai Goregaon Office for Payment, to hold my case otherwise he will send my warrant to local police and get me arrested. I took a personal loan in 2008, but the account is settled and I received no calls from Bajaj Regarding any dues.

But I can't understand how they are making this claim? Not only that they are threatening me continuously over phone and saying slang to my wife. Even they are repeatedly pressurizing me to make payment over that particular HDFC bank account no [protected] otherwise they are going to arrest me. If any one has any clue about this please help me.

Regards,
Ravi

Dear Sir/Madam,

My self Shivarajkumar , loan account number L2WBAN01291769 , Due Date:8-mar-13, Due to some bank problem emi was bounced.
after a couple of days(23-mar-13) i got a call from collection person ([protected]) he was in my residence near. before calling from my residence he misbehave with my family persons he spoke bad words with my mom. after i came to now i called up his manager informed regarding that he not taken any response but i promised to pay by within 3 days due to my office work and year end process. But (27-mar-13) he called([protected]) around 10.13 pm night when i was having dinner i received the call he started scolding using bad valger words with me my family persons got scared and he was shouting like roudys.
This is not a good way to collecting money from customers. please take this complaint seriously help me out from this type collection

regards

shivarajkumar
[protected]

HI I am Mr Survesh Kumar from Mangalore, I have a personal loan and consumer durable loan with Bajaj finance , I had been to Reliance digital to buy an electronic goods and to my surprise I was informed that my EMI gold card ( No [protected] ) has been blocked due to ? system error . I want to know the reason why my card is blocked even though it has 310000 Rs credit limit left in it and the reason for not intimating the same to the customers . Could the officials at Bajaj finance look into the matter ASAP .

Thanks and regards
Survesh Kumar
[protected]

I am closed my EMI today(25.3.13) through cash deposit. My loan account no. is 4100CD00344903. Pls. provide me the statement of Account and N.O.C. through E.Mail at my registered E-mail ID.

Regards ,
Nirupam
[protected]

Dear Sir,

On 19th March 2013 I have received a call from the no: [protected] who introduced himself to be a police officer from Delhi Police Control room. He also gave me a number of a so called advocate named S.P Sharma and asked me to call at [protected]. When I called that guy he asked me to immediately make a payment of Rs. 14122/- within half an hour to HDFC bank account no. [protected] of Bajaj Finance Limited. to hold my case otherwise he will send my warrant to local police and get me arrested. He is telling me I have purchased some product 10 years before and defaulted in payment. This is ridiculous. When I have asked for my cheque no, bank name and loan account number and the material I have purchased, they do not have any answer. I have reported this to matter to Bangalore police station, they said, if I get call like this for couple of times , then will register a complaint.

Request you to ask the person calling to stop calling to people like me. I have read many complaints in the internet about the call from this number to many people.

Appreciate you action immdiately to avoid inconvenince to general public. If there are any dues any any body, please send a letter with the complete loan details either in person or by courier to the address and ask them to comment and make payment.

Ravikumar
Bangalore

i have been literally cheated by bajaj finance limited , i had loan which got closed 2008 year back and after 2010 again every month some money got debited from bank account , and when i checked , it was zero percent intrest loan , and my account is debited 15000 more apart from the loan from my bank account , and when i complaint , to agency of bajaj , none responded , nobody answered my calls , and one reason was they shifted their office and other was concerned person is not available , and top of that they have updated in my cibil records 2553 overdue ,, after robbing from bank account , and i recieve hoax calls from delhi nos and they tell try to extort me that transfer 75000 to bajaj finace account that loan is overdue and we have registered your case with bajaj in supreme court , and pay today before 3 pm.


i have collected all calls and this no , i want to know who all people are cheated with bajaj finance and i am going to take this to CBI / Central govt instiution , and to media , that they exploit individiuals and rob money from them and from their bank accounts especially where balance are at large and even higher bank officals are connected to them as once i had given standing instructions to bank , and after 1 year again 5000 disappered from my bank account , then their agency , fake advocates nos everything get changed ,

and the beauty of their calls is , you cannot call back on that no , these nos are made from routers , which doesnt allow user to call back .

its very helpless kind of situation i have ever faced with this situation in my life . none of the financial institutions have ever done such thing with me .

Hi,

I bought samsung led tv from croma on emi(from bajaj finance) on 12 Jan 2013.
After I found that I tried to connect 500 gb hard disk but same was not able to detect. I called samsung customer care multiple times and after which technician visited.
He confirmed that there is issue and informed same to their superiors.
Post that I recieved several calls that same peice is not available with samsung then there are two options:-
1) Refund
2) Repair.
I asked samsung to put same on email. Earlier , samsung hesited to do the same. But finally they sent email to me on 1st march 2013.
I was busy over the week in office work because I replied on 9th March 2013 that I would like to go ahead with refund option.

Now samsung is asking me bill payment statements(credit card) and NOC from finance company(Bajaj finance).
I did enquiry at bajaj finance today(11 march 2013), they said NOC can only be given after complete payment.
Further, samsung customer is now calling every day asking me to submit documents on immediate basis , otherwise refund option may be invalidated.
And forcibly I will have to go for repair option.

For a normal person, main purpose of taking an item on emi is amount might not be available with customer.Now remaining amount is around 78000.
I tried to request both samsung and bajaj finance to understand my problem. But both are saying they can't do anything.

Thus I want to know:-
1) Is it mandatory to submit NOC to samsung for refund.
Is there any way out?

Regards,
Vishal

CONSUMER DURABLE - 5770CD0004​3364
This is to bring to your kind notice that the above mentioned loan account
is not yet closed in the system because there was additional EMI debited

from my bank account of Rs 1969/-

I spoke to Mr. Parshuram few months back regarding this and was assured of
timely action that would be taken and I would be refunded the money, Now
while I logged in the account I am able to see a -1969/- amount in my
account that is supposed to be credited to my bank account
Also complaint section on the
internet is not accepting my request neither Toll free number

recognizes my customer Id.

I have taken a consumer loan with 0% interest rate from Bajaj finance. I have clearly told no for insurance with is unwanted for me when insurance tellcaller has called.Still they are deducting EMI for insurance along with loan EMI.
Account ID-9176292
Insurance loan-402BAL00279942
EMI-188

Hi,
I have taken Personal Loan from Bajaj finance.
Amount is 80,000 thousand and paying emi 3922 for 36 months.
When I calculated interest amount, looks like this bank is charging interest more than 45 %. Its more than RBI allowed. When I check the Bajaj finance website i am able to bank has updated interest rate 16 percent.

I am raising serious concern on this. Please help me to resolve this issue.

I am expecting bank need to adjust extra interest amount paid for the principal and also need to change the interest to 16 %.


Thanks,

Mahesh Kumar KC

I am from Kolkata. I bought a Panasonic LED TV on 5th November,2012 taking loan from Bajaj Finance Service which states that my EMI will be amounting to Rs. 2666 but instead every month they are taking Rs. 2838 (i.e. Rs.172 extra) per month. Every month I am complaining about this but without any result. I even went to Raipur Electronics (Girish Park, Kolkata) but no body is helping me to get my money back.With every month the amount is increasing.I am from a middle class family and nobody is helping me in this regard. I even called the Bajaj Finance office in Mumbai but they reuse to listen to my problem. Kindly help.

My name is Tarun, I have purchase a Pulsar 150 bike from GSM Bajaj, Gurgaon. My agreement no is L2WGUR00998821. I have paid all emi's of my loan a/c. I have call many time for NOC letter. To resolve this problem one time I have gone in Delhi Office(Naraina), but there is no office on the given location. No-one replied satisfactory answer. Kindly look in this matter. My mobile no is [protected].

Hi Sir,

I paid my all instalment of EMI. but till date I am not getting NOC or clearance document
From Bajaj finance .

Mr. Shubendu Kumar (Mob. [protected]) cheating me he work in Bajaj finance Kolkata office
They told me when you will completed you all EMI instalment then i will send to you NOC or clearance document
But till date he not send any document. I paid my EMI on 24/01/2013.

Please help me.


With Regards
Krishna R S

I brought a Fridge and a washing machine on 26th January 2013 from Kings Electronics, Kamothe, Navi Mumbai.

The Bajaj Finance was providing 0% finance for consumer electronics on 26th January 2013 in Kings Electronics, Kamothe. The Bajaj Finance associate doing documentation informed me about the scheme but never revealed the insurance policy and premium payment attached with finance option. The terms and benefits of the policy were also not revealed.

On 11th February 2013, I received call from Bajaj Finance about the policy and premium payment. When, I told that I had not subscribed to any such policy, the Bajaj Finance associate hanged up the phone.

I do not want any such policy, do not want to pay any premium and do not want to avail any benefits occurring from the policy. The incident has caused me mental suffering and trauma.

The behavior and process used by Bajaj Finance and its associate are fraudulent and can account to offence under Indian Penal Code 1860, Consumer Protection Act 1986 and Indian Contract Act 1872.

I would like Bajaj Finance to stop the premium deduction for the said policy immediately. I request you to resolve the issue immediately.