Bajaj Finserv Complaints & Reviews

Hi, i am Purushottam.T. Few months back i have taken personal loan with 14% interest. As per thier policy there is no any Preclosure or foreclosure charges after deduction of first month emi.

Today 04/06/2016, i am going close this loan from my Bajafinance login. But for closing they are applying 4.8% charges.

They have cheated me. When i conatcted the customer care person they said we have revised our policies and we have rights any thing to change the policies without intimation to you.

Very rudely behaved when i called.

Dear respected people please help me from this issue.
My Loan Details are
400SOL14767340
cust ID:4044973

I, chander parkash kathuria, applied a fresh personal loan of rs 1, 20, 000/-.In 01.06.2016 all the formalities are done through online (Including accept terms & conditions and finance amount of loan). Customer care executive (Miss sangeeta) says that morning 12pm the finance loan is credit in your bank account. But till date no amount is credit in my account.

In 02.06.2016 phone is coming regarding we required one cancelled cheque and five security cheques. I say that in 03.06.2016 morning you kept the cheque from my side but in 03.06.2016 and 04.06.2016 no response from your side. What is problem why my loan is delay from bajaj finshers side.

I required money urgently but what is problem from your side.

Thanks

Chander parkash

M-[protected]

I had purchased a mobile phone from bajaj finance and without informing me they charged me extra, when I called them they said that it is for some insurance, about which was not even informed to me before. How can to apply extra charge without even informing their customers. Just because we give them blank cheque doesn't mean that they can charge any amount they feel like. When I asked them to cancel the insurance they said they will charge me 100 rs for cancellation. Isn't this a fraud?? Why should I pay extra when I dint even opt for something like that?? Very poor service. Will never purchase anything from bajaj finance going forward.

The company has given me personal loan based on an agreement stating foreclosure charge as nil. I have the copy of the sanction letter of the company along with the agreement stating zero foreclosure charges but now they are forcefully asking 4.6% as foreclosure charges for my loan.

It is completely illegal and beyond our trust and negotiable instrument act. They are threatening me and not allowing me to foreclose the loan. I have to pay unnecessary interest on the loan.

Pls help urgently.

My loan no -410sol07717446

Regards,

Parivesh agarwal
[protected]

To,

Bajaj finserv manager,

I have taken salaried loan #400SAL03670169of rs - 505, 000.00/- with interest rate of 14% & closer charges - zero, has closure charges been zero i have accepted loan.

And now i need to do foreclosure of loan customer care been said need to pay 4% closer charges.

I approached Hyderabad Branch office and they are not responding properly and saying that rules has been changed from May 25, 2016. Not sure how rules are applicable fro my loan which is taken two years back.

Please resolve this issue.

Thanks

I got a call from Bajaj Finserv team stating that I can avail for a salaried loan with zero foreclosure and prepayment charges. This sounded good to me thus availed this loan in march 2016. I did receive the welcome letter that clearly states zero foreclosure and prepayment charges on my loan. However to my surprise now, I got an email from Bajaj finserv that I need to pay 4% plus tax as foreclosure/prepayment charges if I go for this option. I dont understand, if they are amending such rules, it should be applicable for new customers and not the existing customers since we were given this loan with zero foreclosure/prepayment option.
Very bad move. I dont want to recommend anyone to such fraud company.

Loan acct number : 405SOL20606825

Hi,

When i took the loan the conditions was like, foreclosure charges was nil, and there were no part-payment charges too. The highlight for there advertising was "nil foreclosure charges". Now as per there email i got last week 4% charges are applicable on foreclosure and partpayment. I believe its a breach of trust and false advertising. I have contacted Hyederabad Branch office and they are saying that rules are change from May 25th, and go to to consumer court, can you please help us on this.

I have taken a loan of 7 lac from bajaj finserv.
The outstanding loan amount was ~ 4 lac with EMI as 12015 Rs. I paid 2 lac again so my revised EMI became 6015 Rs.

But Bajaj has been deducting 12015 amount from my account for consecutive 2 months now.

Last month I had to chase multipl times after which they refunded ~ 5k amount.

This month also they repeated the same and deducted 12015 Rs.

They are earning interest on this amount again and again. And cheating customers.

Hi,

When i took the loan the conditions was like, foreclosure charges was nil, and there were no part-payment charges too. The highlight for there advertising was "nil foreclosure charges". Now as per there email i got last week 4% charges are applicable on foreclosure and partpayment. I believe its a breach of trust and false advertising. Please help

To,

Bajaj finserv manager,

I have taken salaried loan #404sal16461283 of rs - 6, 63, 271/- with interest rate of 14.75% & closer charges - zero, has closure charges been zero i have accepted loan. And now i need to do foreclosure of loan customer care been said need to pay 4.8% closer charges.

Firstly i need foreclosure amount details which i need to pay

Secondly not even single penny will be paid of forecloser charges.

If i need to pay foreclosure charges, i am not doing any closer nor pay emi from next month as emi of jun'16 got debited.

Once again confirming on written mail if i need to pay closer charges i will not be paying emi from next month nor settling the dues lets meet in consumer forum.

Need banaglore branch manager contact # so on is availability, can have small meeting with media person & lets know to the world what is bajaj finserv.

I have purchased bajaj rs200 in november 2015 and it has totally 7 month complete and run 3100 kms total. Today i have go for second service and list download one complaint in service station that bike give sound when we release the clutch, when they check the fault and clearly says that clutch plate will be changed. I says how it is possible that clutch plate is change in this condition that bike is only running 3100 kms and its is single handed bike, no over speeding in good condition. So how they can says it warranty is over now because it run more than 3100 kms. So its is totally manufacturing fault of bike and parts, that the bike clutch plate gives problem to early and service station has not good mechanic to solve the problem they only make the money through customer who says that the clutch plate is gone in 500 km also.

Bike model - rs200
Purchase from - bagga bajaj jhandewalan delhi
Service station - diwan bajaj palam dwarkadelhi

Regards
Bhupender singh gusain
M - [protected]
[protected]@yahoo.com

My Name : Madhu Suresh

Loan Account No 402SAL10853603
Loan Amount 600, 000.00
Disbursal Date 27th June 2015

While taking loan in agreement they told me that nil charges for fore closure after 1st EMI but 2 days back ( 29th May) I went to bank to close my loan then he told me to come after 1st June then today I went to close my loan now they are saying that you need to pay 4.60% fore closure charges from today onwards whats hell it is., , everything should same as on agreement right, how they can change rules for existing loan, tomorrow they will change interest also

What they are doing came back, I didnt closed my loan, , I need justice as soon as possible


Thanks
Madhu Suresh

Dear team,

I almost receive daily calls from bajaj finance customer care for without emi personal loan. I have requested many times to agents to remove my number from call list but no action done. I do not want to receive calls from bajaj finance. Please remove my number - +91 [protected]. I will wait for next 2 today and if no action done by bjaja finance i will lodge complaints to appropriate govt authorities to take action. Trai/consumer-forum/police.

Dear sir,

I M bhisham sharma .I have purchase the led tv of Samsung in Nov.
2015 through bajaj finserve loan but still the date i don't have to receive the EMI card.
I have to call your customer care but no one response and not receive the call so, i have to complaint you regarding the bajaj EMI card.
Please, prepare my request as soon as possible.
Please confirm though my mob. Or mail id as below.

Regards,
Bhisham Sharma
[protected]
Customer Id:[protected]
Lone A/c:-4010CD17767560

Dear sir,
My self vilesh chaudhari i have purchase the led tv of videocon in dec. 2015 through bajaj finserve loan but still the date i don't have to receive the credit card.
I have to call your customer care but no one response and not receive the call so, i have to complaint you regarding the bajaj credit card.
Please, prepare my request as soon as possible.
Please confirm though my mob. Or mail id as below.

Regards,

Vilesh chaudhari.

Mob. No.:- [protected]
Mail id:- chaudhari. [protected]@yahoo.com

Hi,
This is yugal kishore kharbanda my loan account no 401dpf21341695. I have purchase dell laptop on 2/4/2016
Product cost is 38500/-
Emi cost per months - 6417/-
Emi start date - 5/4/2016
I have checked my account and they are charing emi 6851/- without my information.
I am trying to contact with distributor many times but they are not answering. They are cheating with me. How it can be possible i am paying over. I will now paying next emi over.
Please fix this things asap author wise i will be fill my complaint in against bajaj finance and the distributor in consumer court act 420.

Dear sir

I have taken product inverter in manvi using the bajaj emi card till date i have not recived the physical card. Please find my details as below

Name: ashok kumar t
Loan no:5h3rcd17738481
Insurance : 5h3gtl17738540

Please help me to get the emi physical card.

I have already sent mail to customer care earlier but i have not received any response from them.

We were approached by ur executive on 29 march for a pre approved professional loan amount of 524000rs ( loan AC no 409PR[protected]. After signing the application we felt the interest rate was high...so informed them to cancel loan on 30 March. They said they wil not process the loan . I was out of station fr a month and when i checked my acount i found it was credited with loan amount on april 2nd and one emi was also deducted. Now when we ask the executives there is no proper response and more over they are asking us to pay almost 35000rs more than the loan amount to close it!!! We have paid back the loan amount to AC no [protected] Hdfc bank Pune in the name of bajaj finance ltd on 25 th may 2016. Kindly do the needful.

Hi,

My card go expired. Please reissue it.

Card No.xxxxxxxxxxxx2770

Is anybody really interested to save his customer.Posted on website as well. I think they just gave false promise about customer.

Note : Just to add.. I am writing them email since last 7 days, but your email team is unable to understand even that what I am writing. Call me.

Thanks
Sawan
[protected]

I have invested in term deposits of Bajaj Finance. Tax was deducted probably as I did not submit form 15H, being a tax payer. The interest exceeded Rs.5000. In spite of several requests the firm has not furnished form 16A for the FY ending[protected]. and form 26AS does not show any Bajaj entry.My customer ID is: 99137367 and complaints to grievance redressal email address bounced back. And no response to several mails sent.
R.V.Ramachandran,
Bangalore