Ivl Finance Ltd Complaints & Reviews

(Loan inquiry)

I don't apply for loan.
why displayed in my cibil report.

Correct this

Dear sir/ma'am

My name is sudipta chaudhuri and my cibl report shows that i have taken some loan from ivl finance ltd. I found this issue as i had applied for a personal loan in axis bank and i was shocked to see 11 emi defaulted on my cibil report from this bank for a loan which i have not applied nor did i receive. I tried to reach their customer service desk but no response.
This is a clear case of identity theft / fraud by their executives who fraudulently used my cibil and my documents to avail this loan. I don't even know how could they get the amount as it was never credited to my account nor was i sent an loan details which clearly indicates they have created all fake, false, documents to get the money.
I am attaching the screenshot of my cibil report for your immediate action.
Due to this fraudulent loan defaults in my account i'm unable to get a loan which is very important to me.

Kindly guide me what i should do now.

Regards,
Sudipta chaudhuri

Brief of my case, how ivl finance ltd (Indiabulls) had proceed my case and how much financial losses i had beard

In the month of june 2018 my file had been logged in system of mithakhali branch of ahmedabad (Guj) and same got sanctioned in the month of july 2018 and the conditioned was

Loan amount 2, 15, 25, 000
Loan tenure 180 month
Rate of interest offered was 9.75%

There was one special condition in sanction letter that i had running one loan with hdfc that has to be closed by your (Ivl) disbursements but at the end ivl company told us to close it up and submit us the noc for the same, then after you will be valid to receive 2, 15, 25, 000.

So i am ok with that condition and sign the agreement and said i will take more than 2 month to close this loan and also will get 2 month to get registered my sale deed.

Even though ivl system had made my cheque dated 31/07/2018 and started interest on me and made a cheque worth rs 1, 85, 00, 000, and charged interest on 2, 15, 25, 000. Even the rest 30, 25, 000 were not disbursed

Than we went to ivl back for rest 30 lakh disbursement but they gave me only 15, 00, 000 disbursement, rest 15 lacs was not given to us and have changed the loan sanctioned amount from 2, 15, 25, 000 to 200, 00, 000 directly without any intimitation & permission.

My sale deed had happened in sep 2018 and ivl company had hand over cheque to me on oct 2018, means ivl had charged me extra interest of rs 3, 50, 000.

One more mistake by ivl system the seller cheque you had hand over to me that got bounced in the first clearing by requesting again and again, we had re presented and after that it got cleared.

Again a big shock to me i got sanction with 9.75% within second month it revised with 10.05%, in 3rd month it got 11.05%, again in 3rd month it got 12.55%, and as on date my running rate is 12.90% what a big gap it is.

Now when we went to ivl for closure of this loan and company is charging with me @5% penalty to close this loan.

Just to know how fare is this.

Ivl finance... Indiabulls has provided false information to credit bureau this has affected my credit history and my credit score has declined it shows that i have applied for a personal loan and another credit bureau shows that i have applied for a business loan from ivl finance which is completely wrong as i have not applied any loan from this finance institution it has affected my credit score...

Hi team,

As i could i noticed that my pan is been miss used by ivl finance ltd by applying loan of around 14, 00, 000, however i didn't applied any such amount as i had recently applied only for 200, 000 but it is showing as 14, 00, 000, kindly suggest how should i get safe from this frauds.

Please request you to help me with this as in future my pan shouldn't miss used by anyone.