Bajaj Finance Complaints & Reviews

Myself Subhasish chatterjee, I took refrigertor from Great Eastern, Uttarpara, under the 0% interest scheme of Bajaj Finance(for eight month). My EMI with insurance 1805 (Insurance Component is approx RS189/-). three number of ECS already cleared. Irrespective of that I did not get any response from Bajaj Finance regarding the insurance. I had informed them severel time over email but did not receive any reply. at very begining i had informed them about ny not interest in insurance because they dont offer any terms n condition and even after deduction of three EMI,they dont provide me any insurance related document. i also informed them that insurance amount of 7 month would b adjusted with 8 month EMI, and outstanding amount would b pay by cash but did not get any response.
pls advice me , what to do now.

Hi,

I had bought a LG LCD TV a couple of months back and had taken a 0% interest loan from Bajaj finance. I had clearly mentioned that my salary gets credited on the 7th of every month and so, I wanted the post-dated cheques to be dated 7th or later. But, inspite of giving clear instructions, the cheques are being deposited on the 5th of every month and I have got 3 cheque bounces so far. The first time an agent came and collected the amount.. the 2nd time, I went to the company and gave a formal complaint and asked them why they put the cheque every 5th and they told me that they changed their policy and all future loans will have to paid before 5th. The guy there said that he will try to do something about it. I also told him that I have another consumer loan coming in every 10th (again from Bajaj finance for a LG Fridge loan) and that it never bounces since my salary would have been credited then. I managed to somehow put some money in my account so that the cheque doesnt bounce this time, but unfortunately, the EMI cheque came the same day when my money got credited and so it bounced again. I really do not know how to manage this situation now since I do not have extra money to keep my account funded before 5th of every month.

Please let me know how to proceed.

Thanks,
Ravi

With reference to my loan a/c #[protected], of which I had purchased a refridgerator. My EMI had bounced owing to an error from my bank in the month of March 2009. On the call I received from Bajaj Finance, the next day, the agent was extremely rude and didn't listen to what I had to say. I had requested them to redeposit the cheque as it wasn't my fault that it bounced. They stated that I would have to make the payment in cash of which I stated that to please hand over the bounced cheque back to me. They said that they would do so and so far no one came nor called.
Now, they have started SMS stating this is your balance due, but there are no details about where to make the payment.
There isn't any customer service # wherein one can call and register a complain nor enquire for the branch details.

Dear sir,

I bought a computer through loan from bajaj finance hyd, while filling up my ecs they made wrong in my name, as well as one payment i paid they dont given receipt till date, while met one of executive Mr.Uday kiron from hyderabad branch, he confirmed me that, he will sort out this issue, still not yet been sorted out, later on my efforts finally they updated my ecs and now amount will be credited in ecs. Becuase of this old pymt, they are torturing me by way of phone calls. Even i told them to sort out this issue for last 6 months. Still not yet been redressed.

Bajaj Finance: I had taken a consumer loan with Bajaj Finance and I was paying a monthly installment of Rs.5,000/- a year after the completion of payment, one fine day people from Bajaj finance woke up and calls me and tells me that one of my cheque has bounced and I will have to pay a sum of Rs.5000/-. As the account is old I do not have any records of the same so I told Bajaj that to bring me the bounced cheque and I will pay the money due. Other than calling me and threatening me time and now of the consequence of going to court they till date they have nether gone to court of, brought back the cheque to me. Instead they have listed my name in the defaulters list.

On[protected] they send me a message saying “Reminder for the legal notice issued on 10-Nov 09 for outstanding in your loan[protected] pay immediately to avoid legal proceedings, Contact [protected]”

Consumer loans are given with postdated cheques, They claim that one of my cheque is bounced the simplest way to solve the problem is bring my cheque back and collect the payment. I have told them a hundred times. My creditability is more important than just Rs.5000/-, but if every one ignores such instance banks will start taking every one for a ride, I will fight till the end.

Information systems of Indian banks and some corporate lack Security, Integrity and Authenticity whereby hindering the creditability, privacy and anonymity of ignorant public.

Reasons why they take advantage of customers.
• Human errors are diverted to innocent customers
• Misappropriation of accounts for personal benefit
• Tallying of corporate balance sheets grading customers as defaulters into suspense account.

MOHAN R
[protected]@hotmail.com

Hi there,

I informed Bajaj Finance and am continuously following up on this matter. In spite of repeated reminders, this ECS from my bank a/c is going out though the all loan amount is paid already.

Need few action / help from your side:
1. Please help me stopping immediately the ECS (check the a/c in my name – SUMANTRA SOM – Bajaj Finance Loan A/c [protected] and another one]
2. Provide me the NOC
3. Please refund me the amount for the last 3 months with interest. Also I would like to request for compensation of this harrasment as appropriate.

Thanks
Sumantra.

To,

The Customer Care,

Bajaj Auto Ltd.

With deep regret, i want to say that again i have suffered

from ur bad services. As per directed by u i hv given my bike

for servicing at Nadiad AMIN bajaj.


Dear Respected Sir,
hi

my name is Ajay A Patel,
At- jargal,
Ta- Thasra,
Di-kheda,
po-sanadara,
pin_388235,
st-Gujarat.
mo- +91-[protected].

my discover100cc m bike no is GJ -7-BD-2406.

maine bajaj Discover 100cc m kharidi hai mere ghar me

allredy bajaj ki panch biks hai ,
27 julay ko jab net pe maine dis 100c m dekhi tabhi maine

faisla kitha main yahi bike luga. meri advise se mere gaov

mai 4 dis 100cc m nai aaye jo vo HONDA lene vale the . 23

aug 2009 Ganesh chaturthi pe maine nadiad amin bajaj se 2 dis

100 cc bike Cash de k kharidi ,mere villege ke pass

sevalia bajaj ka showroom hai lekin pahele muje service me

problem lagi is liye main apne villege se 65 km door nadiad

amin bajaj se dis m khardi shocha ye bada showroom hai yaha

achii service milengi. per kya yaha bhi.........
24/10/2009 ko bike ke 2348 km pore hone par main 2nd

service k liye amin bajaj nadiad aaya maine service book apni

problem likhvai,

* mari bike main engine se kuch aavaz aa rahi hi .its major

poblems
*bike self start hone main kuch problems thi
*bike ki chain thodi loos thi
*averege abut 65 km thi
*unwanted sound from bike.


work shop ka mgr bada rude hai woh kishi bhi custemar ki

baat hi nahi sunta bas anni hi manmani karta hai.
workshop service karte huae service man ne mgr(service) kaha

ki Spark plug main problem hai badalana padenga tab mgr

(service) ne kaha ki chalne do jaisa hai vaisa koi baat

nahi.
workshop main 15 minits main sirf oil & filter badalke muje

bike vapas di
workshop se apni bike bahar nikalne ke baad muje bike se

awazz sunai tuo maime mgr(service) ko bataya tab malum hua ki

1 Spark plug joint nikala huva tha and side cover lagane ka

rabbar bhi nahi th.


Aaj bhi meri bike main poblems hai main kya karu kya kisi

our showroom main apni bike service karou ya bike ko aise hi

chalne du .is halat main enginmain kuch poblem badh gayee tuo

kon jimedar hoga .
muje aapse achii ummed hai


Plz I need a permanent solution or say u can’t.

Everyone should know the BAJAJ FINANCE, who is offered 0% finance as Dipavali offer in Vijay sales of Khargar unit is a bogus offer. They told me to produce them 6-months bank statement and a copy of PAN card for financing me to purchase a LCD Television. I have produced everything but they didn’t provide me the same. They said I should have one credit card or the copy of Vehicle RC book (I have got RC book of Maruthi-800 and 2nos of two...

Hello ,
From last 4 days i am visiting to vijay sales baner office to purches a LCD & Refrigrator .
For Bajaj Financec I submited my all documents Payment sleeps , bank statement,Add Prof etc.
But the rejected my case .
I reailly dont understand what was the problum. there person at the shop just told me Case is rejected by code , But even he dont know what was the code problume and afcourse they dont have much knowladge about there finance company & also no customer care. so this was very bad experience for me.

Dear Sir,
I have purchased your bike ( Discover DTSi 100 cc) on 03/10/09 at Satyma Motors, Tagarapuvalsa a sub-dealer of Varun Motors of Visakhapatnam in Andha Pradesh. When I filled the petrol tank, I abserved leakage in tank at petrol tap junction. I showed the same to the showroom mechanic. It was not the tap problem. It was manufacturing defect in tank itself. Now I want replacement of Petrol tank. What I have to do? Kindly inform as early as possible. Later I will give u the Engine & Chasis nos etc.
Thanking U sir,

Yours faithfully,
Dwadasi Viswanadham

Dear Sir,

Last night on Samsung Plaza i have plane to buy LCD TV through bajaj finance but the guy on the samsung plaza shivranjani cross road has no interst to sell LCD through finance. i have talk with him very politly but he became very angry and was tell that do what ever you want i will not give you finance and use much bad words that i cant write here,

i feel very bad he has spoken very bad word with me in front of whole show room.

please do some needful again him or take neccesery action.

Thanks and Regards.

Yusuf Rangrej
[protected]

i want to purchase a samsung 22" lcd tv from the local dealer m/s sathi traders of sodepur accordingly i found that m/s bajaj finance is available there for financing my purchase this consumer durables.i submitted the required documents at the earliest and on 6/10/2009 the company representative named mr asim phoned me from this ph no [protected] and verified everything regarding the documentation,on that very day at the evening i received a sms from TM-Bajaj that my Cd loan has been sanctioned and the no of that is SF289505.now when i reached to the dealer for purchasing the goods dealer refused to deliver the goods as the cheque which i submitted for ecs is not valid though i told them repeatedly that my branch is a cbs branch.the fellow not present at the time of my purchase for verification and harrased me in this way though i contacted him before i going to purchase the goods.so please do not give responsibilty to such a person (your representative)who is so irresponsible killing my valuable time.

i want to place a complaint about repetative & irritating calls from Phone number[protected] of Bajaj Finance company at Pune. i had requested several times that i am not interested in any type of loan from your bank so donot call me. but despite no of request from last eight months , executives of bajaj finance company making fun out of it & irritating me continuosly & asking me to have personal loan from their bank.

I have bought one BAJA Discover 135cc on 10th October 2008 in the name
of my father Mr. Gurupada Hazra. On 29th of September 2009, we have
found, it was not starting. The kick was locked and the self starter
was not working. We took it to the nearest service center. Now they
are saying that some valve in the head has been broken and it is due
to petrol problem. They are charging Rs 4500/- to fix it. They are
behaving like a goon and arguing that as it is due to petrol problem,
so they won’t provide the warranty for it (though it is under warranty
period). We have requested them for a written document mentioning that
they won’t give the warranty. If we have that document we can verify
that from the Company . But they are denying giving any such written
document. They are saying that they are not authorized to give such
document. They told my father to contact Bajaj Auto Ltd. Now it is not
possible for us to contact Mr. Rahul Bajaj or his company. I think
they are lying of the reason of the malfunction.
My question is whether they are liable to fix this problem free of
cost or not? If not, then on which case I should have got the
warranty?
Please advise me what do I do now? Whom should I complain against it?
Please find below is the name of the dealer cum service centre and my
vehicle details:
Dealer Name: BANERJEE AUTO CORPORATION
(Registration No# 10484)
Address SURI ROAD, , RABINDRA PALLY,
Pin- 731101
Phone Nos [protected]
E-Mail [protected]@baldealer.com
Sold On 10th Oct,2008.

Hope to hear from you soon.

HI GUYS, THIS IS KRISHNA, BEAWARE OF BAJAJ FINANCE - TIRUMALA MUSIC CENTER.

I AM GIVING A WARNING BECAUSE OF THE PROBLEMS WHICH I HAVE FACED FROM THESE TWO COMPANIES. HERE I AM TRYING TO RESOLVE SO MANY PEOPLE'S PROBLEMS, WHO ARE FIGHTING WITH BAJAJ FINANCE BECAUSE OF THEIR MISTAKES, SCAMS, ETC.,

I MYSELF A VICTIM FROM BAJAJ FINANCE. I TOOK A 1.5 TONN LG SPLIT AC FROM TMC, FINANCED BY BAJAJ AUTO FINANCE, FOR THAT THE FINANCE PEOPLE MUST SEND 1 ECS TO MY BANK ACCOUNT, BUT INSTEAD OF 1 ECS MY BANK ACCOUNT IS HITTING 2 ECS WITH THE SAME EMI AMOUNT. I RECOGNIZED THE PROBLEM AND I AM HERE TO SAY FEW TIPS TO ALL THE POEPLE, SO THAT YOU WILL COMEOUT SURELY FROM THE PROBLEMS.

BAJAJ FINANCE PEOPLE ARE MAINTAINING A ILLEGAL LOAN ACCOUNT ALONG WITH THE ORIGINAL LOAN ACCOUNT WHICH IS COMPLETELY ILLEGAL.

IF ANYBODY FACING THE PROBLEM OF - ECS DEBITING TWICE IN A MONTH:

HERE SOME SOLUTIONS WHICH I AM MENTIONING, PLEASE CHECK IT OUT: ( I AM SURE IT WILL DEFINETLY RESOLVE YOUR PROBLEMS)
1. PLEASE CHECK THE CIBIL REPORT OF YOURS, SO THAT YOU WILL KNOW YOUR LOAN ACCOUNTS STATUS.
2. IF YOU FIND ANY ILLEGAL LOAN ACCOUNTS IN THE CIBIL REPORT, THEN FIND OUT WHO IS THE BANKER.

BY THIS WAY I FIND OUT THE CULPRIT AND I FILED A CASE ALSO AGAINST THE BAJAJ FINANCE & TIRUMALA MUSIC CENTER.

I had taken my bike Bajaj Platina at Sep-06 on 24 months installments. but in the middle the employee of bajaj finance came to me and told me that my check have been got bounce because of his fault. he doesnot fill the right name PAY TO. he fill that area wrong and the check have been bounce. when i check my account then there was enough balance and the dates were also accurate . so i think there is not any other reeason from us to bounce the check.
But now the company says that there is the panelty of Rs.800 on me. when i will fill that panelty then they will give me my panelty. many times i have send them photocopy of my Pass Book. where it is really clear that we had not any fault.
Its almost !year of our installments completed and i want to sell my bike but due to NOC i cant do it.
Please do something about my NOC.

26-Sep-2009 Ankit Sharma
[protected]
[protected]

Respected Sir;

We have requested to you. I Ranveer Singh (Mech-Sr.Engg.). I purchased a Bajaj Discover-135 DTSi self start bike dated 01-Junary-2009 from your dealer “Patidar Automobile, Mandleshwar who is the Sub dealer of Precious Bajaj District-Khargone M.P. pin code-451001”. When my bike ruined 2000Km that time the rear shock up of my bike are down loosed that time I informed to my nearest sub dealer Patidar automobile about this problem. And I ignored them. Before three months when my bike is not ruined 6000Km bike are generates unwanted and unavoidable noise and sound so again I informed him. He tell me that is fuel problem due to this your Bikes engine’s colour going to be Red. But I always filled fuel from my nearest fuel station. I also have Bajaj Platina & Bajaj 115 but they don’t have any problem. Its not suitable answers of the dealer which he tells me. I also contact to my main Dealer “Precious Bajaj Khargone” he also replied to me same.
Due to this I am very upset and I also lost my faith which is on your company.

Please immediate solve my problem and take necessary action for repair of my bike as in under warranty period to your dealer. Through this my faith which is on Bajaj Company since 20 Years is continuing. If you don’t take any action then in that condition I am free for take any action.

Thanking you. Ranveer Singh
Specification: Sr.Engg. Mechanical
Made by: Bajaj Auto limited Mandleshwar Dist-Khargone
Model: Discover 135 DTSi Mob: +91-[protected]
Engine No: JNGBRE49094 Email- [protected]@Gmail.com
Chassis no: MD2DSJNZRCE15841
Year of Manufacturing: 2008
Reg.no: MP-10MB-8909
Reg. date:[protected]
Current odometer reading: 9375Km

CC To: Customer care
Bajaj Auto Limited Akurdi Pune, MH.
RSM Bajaj Auto Limited Bhopal MP.

Dera Sir,
I got a loan financed from Bajaj Finace for a laptop. I started paying monthly EMI from Jan 2009 @ 3839. Till date there has been no default from my side. As per my calculations, my EMI is going to be over by October 2009.

Unfortunately, till now I have not received any documents from the Company regarding my loan details such as the loan account number, the last EMI month, etc.

I tried to contact the company through their telephone number burt there was no response. I request for prompt delivery of my loan papers with relevant details.

Thansk and refgards
Anshuman Chatterjee
DOB:[protected]

I bought some consumer durables in 2007 April with bajaj finance with a marginal loan amount of Rs 15000/- and gave his agent the post dated cheques (6nos) for Rs2500 each.
All this amount was debited from my account, the first two cheques were withdrawn on self mode and the last 4 were directly credited to the bank account of the company. I didnt notice this discrepancy.

However, in May 2008, i got a call from the Bajaj finance agent, that the payment of Rs 5000/- is balance for my account number[protected]. I checked my accounts and found that all of the amount has been cleared. I even got the bank statement and send the scanned copy to the concerned person of bajaj finance, where it is clearly mentioned that the amount is withdrawn from my account against the post dated cheques, i had given.

Now in Aug 2009 i'm recieveing SMSes from the bajaj finance to pay the balance amount of Rs5000/-, in order to avoid legal action.

Kindly advice.

Daer sir,
I have purchased bajaj discover 135 es(date 03.06.2009) and took finance fromBAFL-PROPOSAL NO 12WCHE00111628my frist emi rs .2417collected from your chennai office throgh rcpt noAF11685253, when we asked why it is not drawn from bank, they said they had some mangement problem and not able to take, emi through ECS, but this month they took two payments from icici dated 05.08.09-rs 2417 and the same month 10.08.09-2009Rs-2417.what is this what proceedure they have, i do not understand, pl let me know if i go to consumer forum, shall i get any help to recover
MY CONTACT NO [protected], [protected] MY ADDRESS; 2 / 291, 6 TH STREET, KANDASAMY NAGAR, PALAVAKKAM, CHENNAI-600041