Cholamandalam Complaints & Reviews

My car loan number is XSHUOOT[protected]
your company taken my car for 3 EMI pending and still there is no communication from customer care side since past 7 days after i sent multiple Email.

is there any chance to give opportunity to pay pending dues and taken my car back?

why your customer care IVR number is not working properly? any way let me know how can i pay and taken car from you?

Choalamandalam finance gave me car loan for 3 years and i paid off one and half years, . due to some reason i have 3 EMI pending one day cholamandalam people came and taken my car with 3.75 laks company money with laptop and wallet, . they did not return till this date, . after i was checked my loan details for 3 years loan i have been paid off one half year loan, . at present they are demanding again 80% loan amount verbally and no email communication from cholamandalam end.

i have send sevaral enquery about my car and stuff still they are not even interest to talk with clients.
cholamanadalam finance steal money from clients and they are demanding more money from clients what i understand, .. they dont have proper email communication or customer care center.

End of the day cholamandalam finance cheat indian retails clients and never follow RBI - NBFC rule.

dont know what to do next, .. still i have hope on RBI and indian law so my battle will be continue with this stupid stealing company.

Even after discussing all the aspects of loan and submitting all the documents and login fee, there is an unnecessary delay in the loan process.
Please do not trust this company as it will just waste your time effort and money.

LAP Loan closure request given on 14th Dec 2022 still no revert from Branch Side, they told approval is pending from seniors since last 1 month, we can close the loan as approvals are in place, who is responsible for my interest part which is being added day by day, neither customer care are reverting on mail, they think customer is fool, they can accrue interest as much as possible till the customer is keeping patience, neither their Branch staff responds on message or calls

Customer Name - Krishna Satal
Mobile No - [protected]
Loan No - HE02NPS[protected] and X0HENSP[protected]

There is a wrong loan entry in my CIBIL report in the name of Chola Invst Fin for an amount of Rs.16000.
However I have not taken any loan from chola. In my CIBIL report Rs.2016 is showing overdue since 30.09.22. I have email several times to customer care, but still no feedback received.

Kindly remove the loan from CIBIL report immediately.

My father Mr Omprakash Pandey took car loan from chola mandalam for 3 cars from which 2 cars cleared last 1 cars loan was pending from COVID our business got damaged fully because of COVID also still my father suffering from COVID . I urged and requested to chola manager( Sagar) in branch pcmc pune, to close my account by ots settlement but he refused by saying we will not do that .

And also we getting notices after every 3 months with date mentioned latest months. Kindly look into this and solve our problems immediately.
Contact - [protected]

It’s been a week and Cholamandalam insurance company hasn’t approved my work approval yet and his staff are so disrespectful and they don’t have manners how to talk with customers even the state head of claim department Mr. Rajesh ([protected]) is declining my call.

It's a scam, they ask for money unnecessarily even after the loan amount is over, the money will be closed online before the CC day by adding bounce charges.

It's a scam, they ask for money unnecessarily even after the loan amount is over...the money will be closed online before the CC day by adding bounce charges.

Helo sir am sathish kumar, I’ve taken bike loan in 2019 October for 36months. In COVID I was adviced me to pay loans even in moratorium period to avoid interest hikes and I paid my dues... but recently I was came to know that my tenure was reversed to 42months so I called my executive they said I need to pay interest in moratorium period for 6months even though I paid and they converted it as extra dues.they asked me to pay interest as extra dues I don’t know why this was happened even paid dues in moratorium

Daily executive calling me twice a times and insisting me to pay loans for another 6months and they r saying it was not updated in their server so I visited branched and explained the issue to get statement. In statement clearly it shows that I paid interest and they mentioned all my moratorium interest was reversed.lethargic answer from branch since I visited 20days ago that they will call me again but since I hadn’t got any calls due to this my cibil score was down and I got health issues I was trenches to internal pressure of SUCIDE like many people had did in their past. they are calling me to pay dues which I don’t need to pay I lost my happiness because of getting calls daily so I kindly written a complaint to take action towards it and company needs to pay me for providing wrong information... Thank you🙂

Dear team
I contect sringar branch many time for form 26 ( afix the stamp) but not any response from branch side .no any dues from my side in my loan amount.branch give fake commitment. like

Am DINESHKUMAR RAJENDARAN, am taking home loan in your bank, but still now am not received cheque from your side but overdue amount is reflected in my account. Kindly clear my issue as soon as possible..

MOD done at 15th sep, still now cheque is not received.And the bank is not responding.Who ever incharge I don't know but some person's number am having he also not pick my call.

I have foreclosed the loan but still showing pending.

Error Details - Credit line is closed
Bank Name: CHOLAMANDALAM INVESTMENT AND FIN COMPANY LTD
Account Type: PERSONAL LOAN
Credit Limit/Amount: 32800
Issued Date: 20 Mar 2022

Loan number - KB220320RKDBW

I had paid upto june if i miss on time i had cleared some how but got 1monthpending thats it but the recovery people coming near home and harrising and torchering please kindly keep good people

Myself Raghavendra V, am customer in Shimogga branch ( Karnataka ).

I have a very bad and harrasment experience here, yesterday they siezed my XUV 500 vehicle although am done my EMI in last month 25th. They siezed the vehicle in middle of road by doing rowdyism and they broke my car key and front glass even my family and small child is inside the car, they downstep them from car from middle of road, they sieze the vehicle without siezing letter and without notice or even one letter, they don't have their ID card and also they drunk in that time, Her name Shekar, they came along 6 people's and they use very bad language and also alcoholic. I have all proof regarding this, pls take immediate action 🙏, if this is not resolved am going to media. Thank you.

Hi I have a LAP going on since April and recently I had requested Mr sunny Kamble for LOD and he straight away refused to give it to me. I have been contacting his senior Mr Prashant nazare but he’s not been answering my calls since 15 days and not replying to any text messages I have left several emails since 5th of July but no response and I’ve been feeling harassed to ask for my LOD

मेरी बलेनो कार का इन्सुरेंस चोला से हुआ था गाड़ी एक्सीडेंट में डैमेज हो गयी है अब क्लेम नही दिया जा रहा।

Hi team, I have not requested for any loan from Chola Invest Fin. Even then two CIBIL entry was made on my account with 90K Personal Loan TWICE in April and May.
Kindly Rectify it and update.

Dear team,

Personal loan Application no. (Bankbazar) [protected]
Date of Transaction :17 May 2022
Transaction ref.no.: neft hdfc0000240 * N[protected] cholamandalm
Trasfer from:[protected]

My Personal loan application initiated and completed by Bankbazar and Chola fin., as and when required all through the process communicated by chola and bankbazar representatives. As per the bankbazar my eligibility of 5Lakh but after all verificattion process chola disbursed for 2Lakh eligibilty by deducted processing fee. my primary concern is to disburse the 5Lakh otherwise i couldnot taken this for 2Lakh, if 2Lakh is my eleigibility genuenly they should told me before the process itself. 2nd concern is still i did not receive any repayment schedule and monthly repay amount details to corresponding email neither hard copy nor soft copy against whatever disbursed amount. There is no response from chola transparently. And the same issue email sent to bankbzar team for the resolution on 20 May 2022 and they replied on 21 may 2022, after this received the disbursal ackolwdegement email from bank bazar on 25th may 2022 becuase from chola i have not received any confirmation on this disbursal.

while both Chola and Bankbazar representative had tele talk through out the entire process told me that going to disburse the promised loan amount 5Lakh but they didn't.

Hence, i kindly request your good team to look into this issue and resolve at the earliest by disbursing full amount of 5Lakh with repayment schedule.

Transaction and other related pic attached here below/uploaded for your ready refernce for clear understanding.

With Regards,
Umar farooq

I applied for loan for commercial vehicle 3 months ago... They proved the loan and started to deduxt emi... But loan amount is not processed. I am not understanding why they are taking money from me as well as the interest for the loan which they have not given to me... Very ridiculous

Dear Customer EMI of Rs.23310 for your Loan No.XVFPPMP[protected] is due on 25th May'22, Kindly keep sufficient balance in your Bank A/C. or click to pay online: https://bit.ly/33cyLJ6 Pls ignore if paid.

Ajay
[protected]