Mangalam Finance Service Jaipur Complaints & Reviews

I deposited Rs 470000/- in various account of Jitender Kumar and in Manglam/Shubham finance Jaipur run by Jitender Kumar in the year 2018 but after lockdown Sidharth Singh as well as Jitender Kumar aren't traceable, I visited Jaipur many times but I couldn't trace them . Now how can I get my hard earned money they have cheated me wisely

Manglam finance services, jaipur (Reg. No.:- 08fwtps2714h3zv)
Office address :manglam finance services, jaipur
90, ram nagar yojana toll tax, tonk road sanganer, jaipur 302030.
Landline no. –[protected]

Have business loan services as claimed by them. I have applied for business loan. Once you applied they told you to deposit

The amount in advance for processing the file.
The sales girl anjali thakur (# [protected]/[protected]) and kabita ([protected]). The owner of the companyname was jitendra

Singh (Cell#[protected])
We met with jitendra singh at his jaipur office and he asked his manager sidhrth singh to show us one sample document which

We will be axecuting.
The document was quite simple agreement, afidavit and terms and conditions. At their tonk road office.
The office address was

1. We applied for loan on mar-2019, co-ordination with anjali takur, cell number - [protected].
2. Transferred neft rs.3000 for processing the loan file on mar2019 in manglam finance
Account name: manglam finance services, jaipur, tunk road
Account number: [protected]
Ifsc code: utib0000433
Branch sanganer, jaipur
Pin code 302030

3. On april-2019, she emailed the login form. I filled up the form and emailed her back.
4. On april-2019, she asked me to transfer pending 200000.00for further processing the file.
5. I have transfered rs. 200000.00 on june-2019 in manglam finance services account.
6. They immediately sent the sanction letter of rs. 200 lacs to impress us for further payment.
7. After that anjalli was out and not picking phone.
8. Then sidhartha (#[protected]) was also out of scene
9. Then navin sharma (Cell # [protected]) came around and claimed that he is the legal person and hencefoth he will coordinate.
10. Then navin sent me all the documents in phase manner - intially terms and condition - which i signed and sent across
Then he sent the agreement papers which were ok
11. Then he sent us the documents of declaration by tahasildar and patwari which claims "1. If customer’s loan will be

Sanctioned then all the responsibility about his/ her property is on tesildar or patwari.
12. If the further information about property pepar are incorrect or negative then company will have to legal case opposite

Tahsildar and patwari." which no tahasildar will accept and sign.

13. The bank solvavncy document asked the banks to repay our installments in case we dont pay our installment.
Which the bank can never accept..

Following documents were sent to me...
A. Affidavit copy on rs. 100 stamp paper with notary.
B. Rules & regulation copy on rs. 100 stamp paper with notary.
C. Guarantee bond on rs. 100 stamp paper with notary.
D. Guarantee bond2 on rs. 100 stamp paper with notary.
E. Power of attorney on rs. 100 stamp paper with notary.
F. Solvency certificate required from the bank where you have the account. Some stupid points purposely written as a

Note on the end of the solvency certificate which is not acceptable from any bank as this asks that if we dont pay the

Installment, then bank will pay the installment, whuch no bank will accept.

G. Finally due to solvency not given by the bank our loan file is cancelled by manglam.

Last contact person from manglam finance services is mr. Navin sharma, cell no. [protected], who is always busy and replies

For your call after so many follow ups.

Total i have paid them rs. 203000.00. So friends i request you please don’t apply for loan in manglam finance services,

Jaipur.
The managalam finance services (Reg. No.:- 08fwtps2714h3zv) is not registerred company also..