Bajaj Finance — Cheated on Personal loan & home Loan

Address:	Bangalore, Karnataka, 560066
Website:	www.bajajfinserv.in/finance

ITS my humble request to all the persons reading this.

Never take Personal loan from Bajaj Finserv ( I took 10 lakhs + 50000 Rs as insurance) I was assured once the settlement is made the 50 K will be refunded. I was happy and also took that. Then I took the homeloan with Overdraft thinking its simple. Submitted all the documents that was requested and he gave a breakup of what to expect as per the EMI & also the overdraft for another 12 lakhs. Once the home loan was settled & Od released I closed the PL and sent email to Bajaj finance for the refund of insurance. 1) i'll get only surrendered value and not full amount that is a surprise and iI thought it was ok since I'll get at least 85 % surrendered value 2) the process takes 31 business days.3) There are 3 insurance plans ( they get commissions in selling the insurance plans & riders). 4) I only got refund for 1 insurance and so far the other 2 insurance they are yet to be refund. The Home loan there was no breakup provided for the Insurance amount that is going to be charged. and approvals from my side. 2) many hidden charges that was not communicated and I was checking the breakup details which did not have them. Every time I ask for an email confirmation regarding the homeloan breakup & OD they said they will send it but so far still fighting with them for so much lacuna. From my Experience I would never recommend Bajaj Finance for home loan or personal loan and wanted to go to consumer court on this matter