Bajaj Finserv Complaints & Reviews

My loan was sactioned 59000 at 19.69% flat roi for 3 years. After 23 moth i want to go for forecloser. When i raised the request with bajaj finserve. So, they sent repatment schedule letter there is mentioned my roi is reducing at 33.01% and still after 23 month i have to pay inr 28129.00 principle amount for forecloser. I surprised and shocked about the details. When i calculated the details and same checked on loan term sheet there is mentioned both the roi 19.69% and 33.01%. Which is should not be. As per 19.69% flat roi i should be pay as per th following calculation.

Yearely interest on your loan amount = loan amount * roi / 100= 59, 000 *19.60/100 = 11564
3 years interest = yearely interest 11564 * 3 = 34692

Total have to pay = 93, 692.00

For one year have to pay = 31, 230.66
For foreclosure before one year should be pay only = 19666.66

Why i pay 28129 for foreclosure.

I keep getting repeated calls daily from some telemarketing people representing bajaj finserv/bajaj finance.
Each time i have asked them to not call me and to remove my number from their database but there is no change in the situation.

I have never taken any loan or financing from bajaj nor have i ever applied for any loan.

My mobile number is [protected]
Please help.

I have been charged 2499/- as credit vidya fees. Which was never informed or i am aware of.

I dont want any credit vidya report or never i was informed about this.

Need the repayment of same at the earliest. If not will go to consumer and rbi for hidden charges leveraging on customer and false promised before transaction.

Loan account 404saf63284405

I financed a laptop from bajaj finance with interest of inr2612 per month for 6 months and no charges above that, but even after paying the interest on time, bajaj deducted a sum of inr118 without any reason and their service center is even replying. (Tried everything - live chat, email, phone)

This company is a total fraud, it will deduct your money in some or other way and eventually it will bump your total amount to the 13% interest that other banks gives.

Transaction code in question: bajaj mndt ver/4i0dpf58690597

Dear sir,
My customer id is 59310836. I have bought panasonic led tv model no led th-43es480ds on bajaj finance on 28.12.2017. Now i wanted to cancelling the extended waranty of asset care policy. My asset care policy number is: ac0989706. My first emi is starting date at 02.02.2018. So pleace cancel the cpp asset care policy. Thanking you.

My email id : [protected]@gmail.com

I am not getting any parts of bajaj eliminator 175 i need engine packing kit of my bike. Now i can't run my bike with out setting the engine the problem got to my bike was the kicker spring was broken to replace that i need to open the engine to restore the engine back i need the set of engine packing kit please solve my problem by providing spare parts my number is [protected]

Hello sir/madam,
I was taken few products through bajaj finance and i will pay all products emi.
But after my last emi (Last emi date - 2/11/2017) they are blocked my bajaj finserv emi card. I call to the customer care of bajaj and tell them about this, they told me that your emi card will unblock soon by us.
Today after 2 months of my complained there is no change in status about my bajaj finserv emi card, its still blocked and because of that i can't able to take new product through bajaj finserv on emi.
So its request to you please unblocked my bajaj finserv emi card soon.

Hi bajaj finserv,

I have applied for the personal loan. After disbursement i came know that there are so many hidden charges like credit vidya fees 2, 499 and wallet protect 3, 599 and insurance of 12000/- with out my knowledge, even the sale guys never disclose this hidden changes to me.

After getting the experia usename & password i come to know this all.
And when i login to the portal its showing some other person phone number. When i check the number in true caller its from one of finserv manager number. How you cheat people like this

Loan a/c no : 404sal63326406

Hi,

MY ecs 117 deducted as it is my salary account so end of month it is nill so amount 117 deducted and dude to insufficent funds 445 deducted as well

and it came in - rs

I do not need to own anything still my amount deducted ECS debit despite everything cleared

Mobile : [protected]
25/01/2018 ECS DEBIT PAID Paid to BAJAJ C4020CD0406552:1000009:TECH PROCESS Refno:4020CD0406552 Ref No :- [protected] 117.00
25/01/2018 ECS DEBIT RETURN CHRG ECS RETURN CHGS |Chg Reference Text :2X3XX1|2X3XX1|2X3XX1| 52XX7XXX04 Ref No :- [protected] 350.00
25/01/2018 ECS RETURNED INSUFFICIENT FUNDS Ref No :- [protected]

Regards,
Sameeruddin Kadri

I've taken Flex loan form Bajaj FinServ. Now when I am trying to pay their loan through Foreclosure Payment option is not working. Due to which I've to pay extra interest for every day.

I talked to Bajaj FinServ Customer care they are saying to pay by cheque but with this option I'll have to pay extra interest for 3 days.

If their online service is not working why should I pay extra interest?

Date: 25th Jan 2018
Time: 11:30AM ti till now.

Attaching loan document and screenshot for online payment option error.

Hi Customer Complaints Team,

I am fed up of getting multiple automated calls on my mobile [protected] from different cities in India everyday from BajajFinserv for availing Personal Loans. I am really not interested in any of BajajFinserv Products. This has really become a nuisance, if you block their numbers, they manage to call up from some other numbers across India. Is there any way to make them stop this harassment? Please help in raising this up with them.

Regards,

Ajay

I'm really irritated with your offer calls since 4-5 months. It's enough, i'm not at all interested in bajaj products. Though i informed to your representatives that don't call me again, but they didn't stop. Indeed, they are calling more often than earlier. Now i'm getting automated voice calls as well from bajaj finserv. Please stop calling me @[protected].

My emi card no is xxxxxxxxxxxx1056 my registered email is someshwar. [protected]@hotmail.com. I am a customer of bajaj finserv since 2013 and i have a emi card also but due to late payment of emi of my previous consumer durable loan they blocked my card parmanently. Now my question is if you are gona block those cards for late payments then why you charge late payment fees? On the other hand when i paid all the emi's they replied that within 45 days it will be unblocked but after 45 days they are saying it's parmanently blocked why this dual statements? Now when i want to avail some offers i cant. The bajaj representative said he can't login even he don't know also. I wrote several times but can't get proper answer of when my card will unblocked. If this happens then i must say bajaj finserv is not customer friendly where there rules and policies are not clear to any customer even to his employees

Dear sir,

This is to bring at your notice that from more than a year i am writing you through email to reactivate my emi card which you have blocked for emi late paid. My emi card no is [protected]

Also i have cancelled my group insurance still it's shows 51 is due when i visit to your branch in dhule they said nothing is due. I am really frustrated because u can see that i have mailed so many time but unfortunately since from last more than one year i am getting same kind of reply that it will be review in next quarter. My cibil is more than 750... Also i have no dues pending. I hope you will reactive my emi card asap...

Also pls see that both the lan account are closed in statement which i have attached and only one gtl is showing closed where as i have second one i have cancelled through your branch. But in statements it's shows rs 51 due. It's impact on cibil i report you to pls clear it...

Hi, my name is subrata swaincustomer id:14475952. I am exits bajaj finance customer. I had completed lone 5 loans
But i come know that my emi card was blocked with out any prior notice. I find out this while i try to apply for next loan.
I try to conduct customer care by call but got replay as my customer number and card number was wrong. Could you plz able to tell me what is reason was the card blocked. And what can i do for reactive my card again.

I have not been using bajaj emi since years now and there are no pendencies also.
So, i would appreciate if you could cancel my card etc with immediate effect.
I would not like to have this debit again. You can cancel the card immediately if at all its there.
Bajaj finserv is a professional company and should not act unprofessionally by taking rs.117/- from old clients for no reason / transaction.
Hope you will take immediate action on this.
You can call me on [protected] for a discussion and cancellation.

Dear sir,
I am akash singhania and recently purchased a tv though emi bajaj finserve recently bajaj emi card came to my house through courier and after 2-3 months i am receiving a message that if i don't transact my emi card then i will be penalized. I want to say that i have not requested bajaj finserve for proving me the emi card, then why did they send me the card and now they saying that if i do not use it i will be charged through my back account.
This is very shameful, have not expected this from a big company like bajaj finserve. For further i will share my disappointing experience with bajaj with all my friends, colleagues and family members.

Akash singhania

Dear sir,
I have excist customer fast 10 years in our company, i purchased emi index led tv ur executive without my knowledge to apply warranty insurance monthly 530/- in every month deducted in my account he was complaint last 3 month not reply& cancellation for till not because poor service in our excutive so kindly cancelled my warranty refunt my total due amount in my account.
Bank: icici bank
Branch : pondicherry
Account no:[protected]

I went for loan for my dental treatment at partha dental bellandur amounting to 62000 rs with loan account no : 404lcf61792632 for 8 emi each amounting to 7750.

The partha dental bellandur branch suddenly changed the treatment plan and my cost of treatment reduced to 42000 rs. My treating doctor (Dr iman) assured me that loan amount will be reduced to 42000 rs. (Request letter attached)

We raised the request with bajaj finserv and exactly after 2 emi deductions (7750 rs each) totalling rs 15500 with old account, they rebooked a new loan account 404lcf57721518 with actual treatement amount 42000 rs for 8 emi each amounting to 5250.

I repeatedly asked each and every person involved in the case few named (Arun, ajit, arshee, umamshankar, ashish and arun) for my deducted emi amount, how the amount will be adjusted.

Ajit said the 1st emi amount 7750 rs will be adjusted, and as the 2nd emi (7750 rs) is deducted after closing of old amount, the money will be refunded within the same day.

As it was not refunded i whatsup the ajit for info, he said it will take 7 working days.

Today is 24th jan 2018, exactly 19 days (5th jan 2018, my emi was deducted), still refund is elusive.

I am repeatedly dropping them mail and dropping whatsup messages, i am not getting replies from any one.

Please help me how can i approach the solution. Any help is appreciated.

Here are the extracts of my mails.

—
— forwarded message —
From: "arshee ajmani"
Date: jan 13, 2018 1:08 pm
Subject: re: to close the request for rebooking request id 166825
To: "lbo. [protected]@bizsupportbo.com"
Cc: "sushil", "arun solomon", "ajit kumar", "ashish gupte", "umashankar s"

Team,

Please update

From: arshee ajmani
Sent: 11 january 2018 11:31
To: 'lbo. [protected]@bizsupportbo.com'
Cc: 'sushil' ; arun solomon ; ajit kumar ; ashish gupte ; umashankar s
Subject: re: to close the request for rebooking request id 166825

Dear query team,

As discussed, please share the complete brief for the case

From: sushil [mailto:susheel. [protected]@gmail.com]
Sent: 11 january 2018 09:22
To: arun solomon ; arshee ajmani ; ajit kumar ; ashish gupte ; umashankar s
Subject: re: to close the request for rebooking request id 166825

Hi team,

Please any update on the request.

On jan 8, 2018 10:12 am, "sushil" wrote:
Hi guys,

I am not sure, what is happening in background.

My second emi got deducted (Attached the statement) and as suggested by arjit, no refund came back.

Can someone help me with the status?

On dec 31, 2017 9:26 am, "arun solomon" wrote:
Dear arshee,
The request is already raised for rebooking in the query portal on 14/12/2017 for the case 404lcf57721518 but the status of the request is still open. I need your help to close the request by changing the gross loan amount to 42000.

The details of the request is as followes
Request id: 166825
Request type; multiple product rebooking
Request sub type : rebooking
Request status: open
Request raised on 14/12/2017
New gross loan 42000
Old gross loan 62000

The details of the rebooking is attached with the mail please find the attachment.


The customer has already paid the emi for the loan amount of 62000 instead of 42000 which is his actual treatment cost and the 2nd emi is about to hit still the rebooking for the case 404lcf57721518 is not completed.

With regards
Arun solomon
Sales manager|life care finance
[protected]
_
From: arshee ajmani
Sent: 30 december 2017 02:17:29
To: arun solomon
Cc: ajit kumar
Subject: re: to close the request for rebooking request id 166825

Dear arun,

Please raise req from query portal


From: ashish gupte
Sent: 30 december 2017 13:06
To: arshee ajmani
Cc: ajit kumar ; shibani naidu ; arun solomon
Subject: re: to close the request for rebooking request id 166825

It this query is regarding cancellation and rebooking then, connect with query team.

Ashish gupte
Manager, (Cent. Ops)
Bajaj finance limited
4th floor, bajaj finserv corporate office,
Off pune ahmednagar road,
Viman nagar, pune 411 014
[protected]


www.bajajfinserv.in/finance

From: arshee ajmani
Sent: saturday, december 30, 2017 12:57 pm
To: ashish gupte
Cc: ajit kumar ; shibani naidu ; arun solomon
Subject: re: to close the request for rebooking request id 166825

Dear ashish sir,

Please help to reduce the gross loan amount

The new loan amount is rs 42000
Req has been raised on portal – 166825
Lan – 404lcf57721518

Deal id - sf72439315


From: arun solomon
Sent: 30 december 2017 12:43
To: arshee ajmani ; ashish gupte
Cc: ajit kumar ; shibani naidu
Subject: re: to close the request for rebooking request id 166825

Dear arshee,
Please help to close the case as the customer is escalating the issue with the partner in high level. The partner has stopped given cases to bajaj finserv till the issue gets resolved. Please help to close the case before the 2nd emi date as the customer has paid excess emi amount to bajaj last month also.

With regards

Arun solomon
Sales manager | life care finance
[protected]
_
From: arshee ajmani
Sent: 28 december 2017 22:19:42
To: ashish gupte
Cc: ajit kumar; shibani naidu; arun solomon
Subject: re: to close the request for rebooking request id 166825

Dear ashish sir,

Please help to reduce the gross loan amount

The new loan amount is rs 42000
Req has been raised on portal – 166825
Lan – 404lcf57721518

Deal id - sf72439315

From: arun solomon
Sent: 29 december 2017 09:28
To: arshee ajmani
Cc: ajit kumar ; shibani naidu
Subject: re: to close the request for rebooking request id 166825

Dear arshee,

This is the sf72439315 id of the case for rebooking (166825) has been done but still the request is open.

The new loan amount is for 42000


With regards
Arun solomon
Sales manager|life care finance
[protected]
_
From: arun solomon
Sent: 27 december 2017 20:08:07
To: arshee ajmani
Cc: ajit kumar
Subject: re: to close the request for rebooking request id 166825

Dear arshee,

This is the sf72439315 id of the case for rebooking (166825) has been done but still the request is open.

The new loan amount is for 42000
_
From: arshee ajmani
Sent: 26 december 2017 21:38:43
To: arun solomon
Cc: ajit kumar
Subject: re: to close the request for rebooking request id 166825

Share the deal id


From: arun solomon
Sent: 27 december 2017 10:28
To: arshee ajmani
Cc: ajit kumar
Subject: re: to close the request for rebooking request id 166825

Dear arshee,
Please update on this.


With regards
Arun solomon

_
From: arun solomon
Sent: 22 december 2017 20:14:41
To: arshee ajmani
Cc: ajit kumar
Subject: to close the request for rebooking request id 166825

Dear arshee,
The rebooking (Id 1668250) done on 14/12/2017. The request is still open in the portal. Please help to close the case with an immediate effect.

With regards
Arun solomon
Sales manager|life care financce
[protected]
Disclaimer: this message, including any attachments may contain proprietary, confidential and privileged information for the sole use of the intended recipient (S), and is protected by law. If you are not the intended recipient, please notify the sender immediately and destroy all copies of the original message and attachments, if any. Any unauthorized review, use, disclosure, dissemination, forwarding, printing or copying of this email or any action taken in reliance on this e-mail is strictly prohibited and may be unlawful. Bajaj finance limited reserves the right to record, monitor and inspect all email communications through its internal and external networks. Your messages can be subject to such lawful supervision as bajaj finance limited deems necessary in order to protect their information, interests and reputation. Bajaj finance limited prohibits and may take steps to prevent their information systems from being used to view, store or forward offensive or discriminatory material. If this message contains such material, please report it to [protected]@bajajfinserv.in. Please ensure you have adequate virus protection before you open or detach any documents from this transmission. Bajaj finance limited does not accept any liability for viruses

—

— forwarded message —
From: "sushil"
Date: jan 24, 2018 11:24 am
Subject: re: loan clarification
To: "ajit kumar", "arshee ajmani", "umashankar s", "ashish gupte"
Cc: "arun solomon"

Hi team,

I tried to raise this issue many times, but i am unable to get solution.

I login into my new account 404lcf57721518 as mentioned by ajit below.

The current outstanding amount showing there is 42000.

I paid 2 months emi of 7750 each totaling 15500 for my old account 404lcf61792632.

Ajit is again and again confirming the amount will be adjusted, but i am not seeing any adjustments anywhere.

Can someone, who cares for my case clear the air please.

On jan 12, 2018 11:12 am, "sushil" wrote:
Thanks a lot ajit for the info.

Can you please send me the info regarding login as well.

On jan 12, 2018 10:57 am, "ajit kumar" wrote:
Good morning sir,
Below is the details of loan which you took from partha dental for dental treatment.

Old loan closed - 404lcf[protected]Loan value – 62500 with monthly emi of 7750)
New revised loan - 404lcf[protected]Revised loan value - 42500 with monthly emi of 5250)

Now your emi will come as per new revised loan only with emi of rs. 5250.

The amount which you paid excess will be adjusted with future pending emi.

With regards

Ajit kumar
Area sales manager | lifestyle finance
_
Bajaj finserv lending
8th floor, prestige towers, residency road
Bangalore-560025

Mobile : [protected]

Disclaimer: this message, including any attachments may contain proprietary, confidential and privileged information for the sole use of the intended recipient (S), and is protected by law. If you are not the intended recipient, please notify the sender immediately and destroy all copies of the original message and attachments, if any. Any unauthorized review, use, disclosure, dissemination, forwarding, printing or copying of this email or any action taken in reliance on this e-mail is strictly prohibited and may be unlawful. Bajaj finance limited reserves the right to record, monitor and inspect all email communications through its internal and external networks. Your messages can be subject to such lawful supervision as bajaj finance limited deems necessary in order to protect their information, interests and reputation. Bajaj finance limited prohibits and may take steps to prevent their information systems from being used to view, store or forward offensive or discriminatory material. If this message contains such material, please report it to [protected]@bajajfinserv.in. Please ensure you have adequate virus protection before you open or detach any documents from this transmission. Bajaj finance limited does not accept any liability for viruses

—
Whats up chat
—

1/4/18, 1:59 pm - messages to this chat and calls are now secured with end-to-end encryption. Tap for more info.
1/4/18, 1:59 pm - susheel madwani: img[protected]wa0001. Jpg (File attached)
My email id is susheel. [protected]@gmail.com
1/4/18, 2:00 pm - susheel madwani: img[protected]wa0002. Jpg (File attached)
1/4/18, 2:16 pm - bajaj fs ajit: img[protected]wa0003. Jpg (File attached)
This loan is closed sir... We have created new loan... You will get confirmation from our team... This is for reference sir...
1/4/18, 2:17 pm - susheel madwani: when can i get?
1/4/18, 2:17 pm - susheel madwani: and will they emi of 7750 will be deducted tomorrow
1/4/18, 2:17 pm - bajaj fs ajit: it will come automatically sir...

It will be system generated...

This emi will be refunded to you on 5th evening only..
As per process...
1/8/18, 10:13 am - susheel madwani: img[protected]wa0003. Jpg (File attached)
1/8/18, 10:13 am - susheel madwani: no refund came back, emi got deducted.
1/9/18, 10:04 am - susheel madwani: good morning man
1/9/18, 10:04 am - susheel madwani: any update?
1/9/18, 12:23 pm - susheel madwani:???
1/24/18, 11:15 am - susheel madwani: my last paid emi is yet not refunded.

Can i get any update on it.
1/24/18, 11:52 am - susheel madwani: plaese reply and if you are not the authorized person to answer, please provide me contact details of the person whom i can connect and get answers.

Refer to my loan a/c no.405dpf59311795
I have purchase fro anupam stationery borivali west, there was a lady representatve of bajaj finserv, she collected my all document with signature & one cancel cheque but i recd call from bajaj representative that my emi has bounced even there was sufficient balance in my account, i discuss that lady & submitted form & cancel cheque repeat but no action done still i fearing that my next emi will also bounce, this is very fastening, now there customer care calling & asking to visit head office.

I experience very bad services