IndiaBulls — fraud and liars

Address:Ludhiana, Punjab, 141122
Website:loans.indiabulls.com

I want to bring to your kind notice that think 100 times before getting homeloan from indiabulls. Its a trap to grab your property.

I had to take a loan from them because i wanted to buy a plot in 2016 and no other bank offered me plot loan. Later in 2017, i took construction loan from them and build my house.

Both of my loans were 10% and 8.70%. First one was more because of plot loan.

In 2017 and 2018, they have raised the rate of interest 6 times and now rate of interest is 14% and 12.50%

Not only this, my tenure of loan has become from 180 months to 480 months. That means, from 15 years to 40 years.

I have tweeted many times to finance ministry and rbi but no one has replied and i see hundreds of persons tweeting about the same as they are feeling cheated. No bank is charging this much roi. It is an utter trap because how one can pay emis for 40 years? I will die by the age of 70 right? So, will they possess my property even after 38 years? I am feeling very frustrated that i did took a loan in hurry without showing patience and going for a nationalized bank.

I have applied for a foreclose of loan and have to pay 2% which means over 80, 000 just to transfer my loan from them to other bank. Moreover, i know that they will waste my time during this process.

I[censored]nprofessionalism had a face, it was indiabulls's.
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Dear Sunderdeep,

Apologies for the inconvenience caused to you. Kindly share your contact details or loan account number so that we can proceed further with your concern.
Biggest Fraud and Cheater Company. Government have to take some actions against Indiabulls Group.

I started my commercial property loan in indiabulls before 15 months with the 10.35% rate of interest. Than they started to increasing roi every 2 to 3 months and now my roi is 13.50%. I visited the Indiabulls branch more than 20 times and i call to customer care many times but they didn't give a any reply and solution.

Indiabulls is the fraud and cheater company. Never take any type of loan from indiabulls and also prevent the peoples who are taking loans from Indiabulls and share your bad experience of Indiabulls with them. So they can take loans from other banks.
IndiaBulls Customer Care's response, Jan 28, 2019
Verified Support
Dear Customer (kanpak),

We understand your disappointment. We have re-escalated your concern to our team. Request your understanding in this regard.
IndiaBulls Customer Care's response, Feb 2, 2019
Verified Support
Dear Customer (kanpak),

We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.
Since last 2 months i only get this single reply and your team reply with same answer. If you really understand my disappointment, then reduce my rate of interest. I don't know, Why are you kidding with customer's emotions ? I think indiabulls is not a company, it's a biggest scam.
IndiaBulls Customer Care's response, Jan 29, 2019
Verified Support
Dear Customer (kanpak),

We do understand that just expressing words would not help. However, we would like to assure you that we are working continuously to ensure that your issue will be resolved soon.
Dear Sunderdeep,

We hope that your concern is resolved. Feel free to get in touch with us in case further assistance is required.
Your team is just get in touch with me nothing more than that. Since last 2 months they only get in touch with me but not doing anything else. Still my problem not solve. They giving same reply as before. If you have a no solution than why you get in touch with me ? Now i clearly understood that INDIABULLS IS BIGGEST SCAM.

INDIABULLS is the fraud and cheater company. I think it's not a company but it'a BIGGEST SCAM. Government have to take action against IndiaBulls. Never take any type of loan from indiabulls and also prevent the peoples who are taking loans from Indiabulls and share your bad experience of Indiabulls with them. So they can take loans from other banks.

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