Bajaj Finserv — mis selling of product/wrongful information | |||
I was directed to bajaj finserv by paisa bazar where i was told by baja finserv they would provide me with a flexi loan/overdraft. My requirement was very simple - i was going to pay off my loan with hdfc bank by taking up a flexi loan from baja finserv which would help me reduce the emi i was paying to hdfc to the most possible extent. The emi i paid to hdfc was 24000 rs inr. I was told by multiple employees across bajaj finserv that flexi loan is the most suited product - i will only pay the interest and no principle amount will be deducted thus making monthly deduction almost half - 12/13k a month. I have constantly re-verified this and constantly been assured that this is how it will work. Across various points of processing this loan i found information that was different in the written material and when asked, i was asked to ignore it as they need to present the documents this way but the arrangement is that they will only debit me for the interest value. Now i am being debited for 25300 rs for the first month - may 2019. I have called the employees and their customer care and the lack of response/ mis information and lack of consistency is appalling. I need to report this institution which is clearing not in alignment with legal practices and is misleading innocent consumers. Was this information helpful? | |||
Bajaj Finserv customer support has been notified about the posted complaint. | |||
3 Comments | |||
Comments
I had taken an education loan recently for 8 months tenure. EMI was 14300 per month. Now, i have an pre information message about EMI, which is 14742. I will not pay any hidden charge. My account no. is 419SCEED758611. please resolve this asap so that as an honest customer I can start my repayment.
Hlo sir
my selery not receive pls solve my sm discussion but he is no solution
my employee code -qs1397178
my company name -bajaj finserv ltd
my selery not receive pls solve my sm discussion but he is no solution
my employee code -qs1397178
my company name -bajaj finserv ltd
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4th Floor, 271 Business Park, Model Industrial Estate, Goregaon East, Mumbai, Maharashtra, India - 400063
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I have NOC Of loans No dues
Why Bajaj deducted 295 RS atleast till today 10 times from my account
Please refund my money .