Bajaj Finance Complaints & Reviews

Sir

With reference to the above I wish to inform you that I have given guarantee to consumer durable loan from Bajaj finance company vide account number[protected]. Due to some problem i have paid instalments irregularly. with this delay days and huge late charges incurred in the account. last march 2012 i have cleared the account by paying cash including delay charges also. The account was closed and updated in the cibil. I am thankful to you. In this connection the closed account still dispaying in my cibil and delay days showing. The entire account not removed in the cibil.

Due to this account I am unable to get any loans and any credit from banks since they are rejecting my proposal blindly by seeing this closed account which shows delay days. I have approached the cibil department and they said that the bajaj finance company have to do something for removal of this account in my cibil. Now am well settled and financially stabled. But due to this account am sufferring a lot from this account. Please do the needful and kindly recommed to remove peramanently this closed account from my cibil.

I hope and am having confidence on your company to do favour immediatly to remove the closed account of this loan . Please do the needul and take immediate action regarding this loan account

Regds
Raghavendra
email: raghavendra.[protected]@gmail.com]
Mobile [protected]

On Tue, 31/1/12, Santosh Misal <[protected]@yahoo.com> wrote:


From: Santosh Misal <[protected]@yahoo.com>
Subject:
To: [protected]@bajajauto.co.in
Cc: [protected]@rediffmail.com
Date: Tuesday, 31 January, 2012, 11:50 AM

Dear Sir,

I call your toll free number 3 times , they all coopertae to me , Yesterday your company say to me send your RC BOOK Xerox or E-mail same so I sent my RC BOOK via E-mail.

Sir One more thing My Vechial Number is MH-16-L-4349 I brought Form Dhoot Auto., Ahmednagar, Maharashtra (Chattrapati Bajaj is change name now) in 2000 they say to me my Loan Number is 08203565 . Vechical is register Name of Ambadas Maruti Misal.

I am very much need of Nil Loan NOC.

I highly reply is most waiting for me.

My Cell NO is [protected]

I already send Bajaj Customer care all these Request call My Request No. to You - 1) A 2331497, 2) A 2355408, 3) A 2381558

My address -: C/o.Misal S.A., Branch Manager, Pipeline Road Baranch, Pipeline Road, Opp.Datta Nagar, Ahmednagar District- Ahmednagar , Pin No- 414 002
Sir please help me in this matter

Hi,
I applied for personal loan with Bajaj Finance on Dec 5, 2012 and submitted all the documents on Dec 6, 2012. The loan request was logged in on the same day. After the verification process, the loan was approved & sanctioned on Dec 8, 2012. I received an email & SMS confirmation about the approval & sanction. After that no representative from Bajaj finance contacted me for further processing. I handed over the cheques & signed the agreement on Dec 12, 2012 to a representative of Bajaj Finance. After that I wasn't contacted by anyone about the loan amount disbursal and nothing has been discussed about the loan terms & conditions. I called one of the representative named Prathap J (j.[protected]@bajajfinance.com) who was processing my loan. He said that they are processing it and will get the amount in a day or 2. It has been more than a week and still the amount has not been provided to me. Can someone from Bajaj finance take any steps about this.

Why is Bajaj Finance having such cheap process & cheap people. I am feed up of this and I am wondering that I shouldn't have applied with Bajaj Finance. Based on my personal experience, I suggest people not to apply for loans with Bajaj Finance.

I have purchased a consumer product (Samsung LED TV) form Bajaj Finance Ltd. (Loan A/c. No. 4180CD[protected]. They have debited the EMI (for the month of December-2012) twice from my bank account. I have also registered my complain to their mail id. but yet the query is not resolved.


Ref.: Wecare Service Request Number : 2136001

Sir/Madam
With due to respect, I have taken Discover125CC bike from BAJA FINANCE LTD. So, I want statement of our bike lone no.L2WLUC01216375. Please send statement my bike lone on my e-mail ID- [protected]@gmail.com

Thank You

Hello,

My Loan Account no with Bajaj Finance is[protected] and also note that I am chasing them since August 2011, but they never replied my mail or call and very time they said your requested has been generated but no response. Therefore, I filed the dispute resolution form at CIBIL but no response from from CIBIL.

Here is my dispute with Bajaj Finance:

I had applied for a Bike laon from Bajaj Finance in 2008. I had already given all the 36 installment cheques to Bajaj office, but meanwhile I had changed my bank account from ICICI to SBI and also updated the same, along with fresh SBI cheques, to Bajaj office through payment of swapping charge of Rs. 500 (vide ack no 45091 dated[protected]. The installment which was bounced due to swapping was also paid in cash for Rs. 1,814 on[protected]vide ack no AF10139712 & book no 15589).

Further, in March 2011, I got a call from Bajaj office that there is pending of around Rs. 5,000 against that bounced cheque of Rs. 1,814. I argued with them that how come it possible & what the mess is it so they advised me to come at Bajaj Finance office to resolve the issue. Therefore, I visited there and found that there was a mistake in Bajaj records and they assured me to correct that mistake and thereafter 1-2 weeks, I again got a call that now the record is updated and now the amount payable is Rs. 300 towards bouncing charged. It was paid by me on[protected]vide ack no AF14930022 & book no 214397) against Jan 2009 bouncing.

I had never delayed any installment of my loan because all the cheques are lying with Bajaj office and in that case if there would be any delay then it is mistake from Bajaj part and also my bank account was also in good position so this can’t be issue for this case.

Because of above, Bajaj reported negative report to CIBIL which is not my fault. Fault is on part of Bajaj and he reported negative for me..how can anyone do that?

Therefore I requested them to further update your record (if there is any discrepancy) and asked them to send the updated records to CIBIL against loan account no[protected] due to Pending Balance Amount Shown Rs.9,106/- .

But till date the situation is same. No updation of records and accordingly not reported correct picture to CIBIL and to me.

Hope for a positive & timely action from your side

EMI statement for the loan account no-L2WBAN01018650 from the starting

thanks
sathish
[protected]

YOUR EXECUTIVE HAS NOT COME THIS MONTH TO COLLECT THE CHEQUE FOR THIS MONTHS EMI

I have purchased Bajaj Discover 150 cc on 16/07/2012 with Engine No. JZUBUC35722 and Chassis No. MD2DSJZZZUPC22072 from HIND MOTORS SCO 42 PHASE 2 MOHALI.
After 4 months it was giving me trouble and Its Piston set along with Chain set was replaced on 23/11/2011.
On 1/12/2012 I went to get the service of my vehicle done from Hind Motors. I was shocked because I had got a call from the service center
that the Piston has to be replaced and they demanded Rs 7000/- for that.
I do not want to Repair my vehicle. I want replacement/Refund for the same because they had given me the defective vehicle.
I will file a case in the consumer forum for cheating.

Regards

Lakvir Singh
Vill Mastgarh
Dist Mohali, PUNJAB
Mobile no. [protected]

I have purchased the Bajaj Discover 150 cc on 16/07/2011 with Engine No. JZUBUC35722 and Chassis no. MD2DSJZZZUPC22072
from HIND MOTORS SCO 48 PHASE 2 MOHALI.

Its Piston was replaced on 23/11/2011 and the same replaced after charging Rs 750/- approx.

I had went to get the service of my vehicle at their Industrial area workshop on 1/12/2012.
I am shocked because they are demanding Rs 7000/- for the replacement of the piston.

I want replacement of my vehicle. They had given me the defective vehicle.

I will file a case in the consumer forum for delivering me the defective vehicle.

Regards

Lakhvir Singh

Village Mastgarh
Distt. Mohali
Punjab
Mobile No.[protected]

Respected Concern Persona,

My name is Intesab Husain, My Loan ID is 4050CD00263418, My EMI Card No. [protected]. My card is temporary blocked. I request you please activate my card. This is not a good customer service. You people blocked my card without any prior intimation. I did not receive any prior massage regarding the same. This is a very disgusting service. I speak to your representative, he told me that my card is blocked due to PDC bounce on 5th Oct. On the same issue, before the thing happening, I called your representative and ask him regarding the same, she told me your card will not be blocked. This is not my good service experience with Bajaj Finance Customer serving team. You should well trend your team before let them handle any call.

Kindly resolve this issue.

Thanks.

Intesab Husain
[protected]

I have purchased one AC from Great Eastern Trading Com. Behala Kolkata. on August 2012 in finance from bajaj finance. The Amount is Rs. 19800, & I down payment Rs.6600. They confirmed EMI 1650 for 8 months.But one message was received of Rs1999. One insurance was done by the bajaj through phone, & they committed to sent the insurance details by post. While confirming my address it was found that my address was wrongly recorded at their ends. They confirm me that they have rectified my address. But today while I checking my profile I found that they have not rectified my address. And till now I didn't received insurance related documents though I have to pay the EMI of Rs.1999.
Name : Subhanjan Basu
Address : 429, Bachar Para, Road No. 2
Thakurpukur, Kolkata-700063
Cont. [protected]
Customer ID 6162302
Insurance Loan A/c No. 410BAL00326555

Hi,

My name is Ch.Vishwanath, I have a Personal loan, two wheeler loan and consumer durable loan with bajaj finance. I got a EMI Card (Card No.[protected])from Bajaj also. Yesterday I went to purchase the Camera through this emi card. it showing that card get blocked. Without my notice and intimation they have been blocked my card . I called up customer care for reason of blocking card. but no response from them, they are saying its confidential information which we cant tell u. What is this? This is my account, and my EMI Card and my self i called up the customer care, don't you people give the correct information to me? i want explanation from the higher officials in Bajaj Finance regarding why my card was blocked? and if you want to block the card y did u issued the card? i need immediate reply on this.

Thanks
Vishwanath.
Mobile: [protected]

Friends, I am writing this stuff to make all of you aware that how . Last year i bought some electronic gadget which was financed from bajaj finance. I paid all the EMI subsequently and hence as per my good credit history, i started to receive offer for pre approved loans from bajaj finance, which was supposed to be complete online procedure. Last month i decided to avail the offer and made online application. After few clicks webpage told that a representative will call me. now the process began and it open itself subsequently. First a representative came to collect documents, then process started with all kind of physical verifications, bank statements.In spite of my best cooperation,when i came to know that i was ineligible despite of five year old good credit history, it filled me with great anger.

Hence i want to advise all of you to better contact directly to your bank, in case of any financial need and ask for loan rather than wasted your time to deal with these indirect financial institutions like bajaj finance , baclays or any xyz.

My name is refecting in cibel...how do i get it cleared I am holding many credit cards, Personal loans. Till today i did not have any problem, but recentely i applied for a hdfc loan which was approved, but it seems my rating is not good in Cibel. What should i need to do to clear this off. If i can also know whom to contact for this it will be really good. Please reply to me at the earliest.

Dear Sir,

I took a two wheeler loan from Bajaj Finance in 2008 Loan A/C No. is 1005 and in 2011 the entire loan amount is paid and I have received the NOC from Bajaj. But when I applied for a personal loan I have been informed that Bajaj Finance has given information to CIBIL that I have default of payment.
Now if I have default of payment then how I have received the NOC.

Please advice me.

Sujay Chakraborty

Hi,this is venkat i bought refrigerator&washing machine through Bajaj finance..when i buying those things they said 0% only,EMI i've to pay 3700/-Rs.But every month they deducting 3841/-Rs from my account,i met the bajaj finance executive several times from 2nd EMI he is saying that he'll solve it, nw my EMI or almost over.. plz tell me a solution how I've to get my money back......

Hi All,
This is regarding Bajaj Finance Consumer Durable Loan A/C Number : 4040CD00271808.

The Issue is that:
As per the agreement while purchasing the Furniture (Sofa set) I opted for EMI of 12 months at Rs 2999 PM,

The Total cost of the Furniture is : 51,750 (Loan amount : 47,984)
Amount I have payed: 16461 (4monts advance EMI @2999 PM = 11996 + Extra amount above loan amount: 3766 + processing fee: 699)

But Now I can see from the website that the Net Tenor In Months is mention as 16 instead of 12

Please find the attached scree shots.
For your reference I have also scan and attached the Sales order for the CONSUMER DURABLE from the dealer.

I have been following with the Local Bajaj Finance persons for last 6 months, but no result.
They are not serious about this, and throwing ball on each others.

I am really frustrated and disappointed.

Can any body take up this seriously please..

I have all the required document like sales receipt from the Dealer and so.

I have only few months left for my Actual tenure... even I am not able to stop the auto debit from my account..

i purchase lcd tv on loan from bajaj finance pune.
my actual monthly installment is 1634. but the company deduct rs 298 extra from my account without any
information from last six month. when i ask about it to loan manager of bajaj finance mr. Thakur. than he
cannot co operat to me. and say u must pay it. otherwise we sue u
.
please help me.
i wañt justice.
regarding
shyam gadrel

Dear Sir/Madam,

Would like to bring to your notice that I “Rakesh Rawat” has purchased an Air Conditioner in the month of April’12 from LG Dealers “VEE KAY Enterprises”, Sector 37 D, Chandigarh-160036.

I got it financed by “Bajaj Finance”. It was told to me that the first installments would be deducted as per ECS on July’12. I have submitted my Cancelled Signed Check & filled all the required documents. I have given my address Proof also.

I received an SMS on 1st July’12 by saying that my ECS Amount Rs.2464, would be deducted on 5th july’12.So, I need to maintained my amount in my account.

However, still the amount not deducted from my account & I have maintained the amount in the Account. Request to kindly deduct the amount.

I have already given calls to your Executive (VEE KAY Enterprises) many times that it should get deducted but still nothing happen. I have called on[protected].

Not only this, i have paid an oline payment to Bajaj Fianance last month. However now when i am applying to give the payment again online then its saying that the loan is invalid.

I AM TOTALLY HARRASED BY BAJAJ FINANCE.

Request to kindly look into the matter.

Regards
Rakesh Rawat
[protected]