[Resolved] Axis Bank / Personal Loan — Even after the settlement the bank still sends checks | |||
Hi, I have had personal loan with axis bank long time ago, in fact i was uable to pay the same for six months, hence i had ended up doing a settlement for the same, in sept 2009, i was promised to be given the noc in october, however they provided a settlement letter stating that the loan is settled, now after that incident they still sent the cheques in my a/c i went personally however as i dint get a good response i turned nasty, where in they promised another letter which i had received in january, but still they pst in the cheques into my account as well as the agency guys call and follow up. What do i need to do for the same please help. Thanks Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 10 Comments | |||
Comments
I too had a terrible exp. Twice with axis bank. I strongly advise any body not to approach axis bank for any kind of your requirements.
Exp - i : initially i opened my sb a/c in april '10 and deposited rs.20k. The very first transaction that i have tried to withdraw rs.10k from axis atm but it doesn't worked by leaving a slip stating "atm" is not working. After a month surprisingly i noticed that rs.10k was debited to my account. I immediately approached the branch and lodged complaint. But panic ally despite of no. Of tel. Calls and 3 personal visits to the bank they concluded they cannot do anything. The other painful thing is when i heard their decision i submitted to close my account immediately by writing. Since i have no response from bank i went to bank and inquired about my request. The well trained & disciplined staff member of the world class bank replied me that my application was not found and might be missed somewhere. Again i submitted my request but this time with acknowledgment with sign&seal. Iam luck after a weak time.
Exp -2 : personal loan :
A week back i got approval for my 3.5lac personal loan from 2 banks.in the meanwhile the axisbank executive came into pic. And assured less rate of int (14.5%) with unique features of no locking period and no charges for pre-clouser and any bulk payment at any time can be adjusted to principle amount. I have got repeated confirmation from him atleast 5-6 times (I have explained the abv experience with proofs)
Firmly i told him that i need 3.5 lac @ 14.5. He came to my home at 9pm and taken all documents including my appointment with current employer and service certificates of my previous employment. The inquired with my father, and 2 of my friends, and their executive checked me at my work station too.
The next day mr. Vikas (Who have approached me) called me conveying that my requirement of 3.5 lac approved with 14.5% int rushed me to sign on agreement. As usual he came with agreement copy and taken atleast 60 signatures and 5 signed cheques even that time also reconfirmed the loan amount and rate of int.
Yesterday i. E 04.02.12 (Saturday) at 5.30 pm he smsd me to call immediately. When i called him instantly very panic ally he told me the bank has approved rs.2lac @ 15%int and 2% p. Fee. I got disappointed very much. And i told him to suspend the process immediately and return my cheques then he agreed.
But today morning i had a sms from axis bank as "thnk you for choosing axis bank for your personal power (Of whom???) loan requirements. We have sanctioned you a loan (Are thy giving charity or what) of rs.200000 with emi of rs. Xxx at 15%.
The delay caused me 4.5 lac loss.
I think the above 2 exps sufficient to dare a person to call "lunatic" if he prefers axis bank for any of their fin. Requirements.
Dear netigens: certainly i will not be a lunatic through out rest of my life and i expect you too.
Just i share the facts to prevent others not to fall in trap of white coller devils.
Exp - i : initially i opened my sb a/c in april '10 and deposited rs.20k. The very first transaction that i have tried to withdraw rs.10k from axis atm but it doesn't worked by leaving a slip stating "atm" is not working. After a month surprisingly i noticed that rs.10k was debited to my account. I immediately approached the branch and lodged complaint. But panic ally despite of no. Of tel. Calls and 3 personal visits to the bank they concluded they cannot do anything. The other painful thing is when i heard their decision i submitted to close my account immediately by writing. Since i have no response from bank i went to bank and inquired about my request. The well trained & disciplined staff member of the world class bank replied me that my application was not found and might be missed somewhere. Again i submitted my request but this time with acknowledgment with sign&seal. Iam luck after a weak time.
Exp -2 : personal loan :
A week back i got approval for my 3.5lac personal loan from 2 banks.in the meanwhile the axisbank executive came into pic. And assured less rate of int (14.5%) with unique features of no locking period and no charges for pre-clouser and any bulk payment at any time can be adjusted to principle amount. I have got repeated confirmation from him atleast 5-6 times (I have explained the abv experience with proofs)
Firmly i told him that i need 3.5 lac @ 14.5. He came to my home at 9pm and taken all documents including my appointment with current employer and service certificates of my previous employment. The inquired with my father, and 2 of my friends, and their executive checked me at my work station too.
The next day mr. Vikas (Who have approached me) called me conveying that my requirement of 3.5 lac approved with 14.5% int rushed me to sign on agreement. As usual he came with agreement copy and taken atleast 60 signatures and 5 signed cheques even that time also reconfirmed the loan amount and rate of int.
Yesterday i. E 04.02.12 (Saturday) at 5.30 pm he smsd me to call immediately. When i called him instantly very panic ally he told me the bank has approved rs.2lac @ 15%int and 2% p. Fee. I got disappointed very much. And i told him to suspend the process immediately and return my cheques then he agreed.
But today morning i had a sms from axis bank as "thnk you for choosing axis bank for your personal power (Of whom???) loan requirements. We have sanctioned you a loan (Are thy giving charity or what) of rs.200000 with emi of rs. Xxx at 15%.
The delay caused me 4.5 lac loss.
I think the above 2 exps sufficient to dare a person to call "lunatic" if he prefers axis bank for any of their fin. Requirements.
Dear netigens: certainly i will not be a lunatic through out rest of my life and i expect you too.
Just i share the facts to prevent others not to fall in trap of white coller devils.
Good day,
I am an engineer by profession.
I had advertised my requirement for a personal loan of inr 2 lacs with apnapaisa.com, being on the look-out for a loan offer that did not entail a repayment penalty.
Response was received from a certain mr sunil navande of an agency "andromeda". His handphone number is [protected] and email address is [protected]@rediffmail.com (A dsa of axis bank)
I was promised an interest rate of 15.5 % and zero repayment penalty - i preferred this over i am an engineer by profession and drawing a salary of inr one lac per month.
I had advertised my requirement for a personal loan of inr 2 lacs with apnapaisa.com, being on the look-out for a loan offer that did not entail a repayment penalty.
Response was received from a certain mr sunil navande of an agency "andromeda". His handphone number is [protected] and email address is [protected]@rediffmail.com (A dsa of axis bank)
I was promised an interest rate of 15.5 % and zero repayment penalty - i preferred this over the 14.75% offered by my hdfc personal banker, in view of the zero repayment penalty.
The cheque was handed over to me in a few days and i was informed that the loan agreement will be couriered to my residence.
My job involves frequent overseas travel and the agreement was received in my absence. My wife checked the agreement and noticed that the personal loan was approved at an interest rate of 16% as against the agreed amount of 15.5%!!! She then posted the grievance on axis bank website.
The hike in interest rate from 15.5% to 16% is a pinch besides the feeling of being cheated.
The axis bank website advertises special rates for engineers and other professionals. I am more concerned about the kind of shady agencies that handle their business.
Please note the following matters,
1- my signature has been forged at 2 places
2- overwriting of the rate of interest figure.
The above two deficiencies give you a clear indication of the type of character who has handled my application and loan disbursement.
Please investigate - who has benefited from this breach of trust with the customer?
I believe axis bank has some reputation in the money market hence i chose to bank with them. Please therefore pursue this matter further and have this investigated as soon as possible.
You may contact me on [protected]
1) loan amount: inr 200, 000/-
2) full name as per your loan account: mathews abraham vadakkakara
3) loan number : ppr[protected]
Attachments : pictures of malpractice on the loan agreement.
Please note that all this information has been sent to axis bank but no action taken so far.
Thanking you in anticipation of a fair redressal,
Mathews abraham vadakkakara
[protected]
I am an engineer by profession.
I had advertised my requirement for a personal loan of inr 2 lacs with apnapaisa.com, being on the look-out for a loan offer that did not entail a repayment penalty.
Response was received from a certain mr sunil navande of an agency "andromeda". His handphone number is [protected] and email address is [protected]@rediffmail.com (A dsa of axis bank)
I was promised an interest rate of 15.5 % and zero repayment penalty - i preferred this over i am an engineer by profession and drawing a salary of inr one lac per month.
I had advertised my requirement for a personal loan of inr 2 lacs with apnapaisa.com, being on the look-out for a loan offer that did not entail a repayment penalty.
Response was received from a certain mr sunil navande of an agency "andromeda". His handphone number is [protected] and email address is [protected]@rediffmail.com (A dsa of axis bank)
I was promised an interest rate of 15.5 % and zero repayment penalty - i preferred this over the 14.75% offered by my hdfc personal banker, in view of the zero repayment penalty.
The cheque was handed over to me in a few days and i was informed that the loan agreement will be couriered to my residence.
My job involves frequent overseas travel and the agreement was received in my absence. My wife checked the agreement and noticed that the personal loan was approved at an interest rate of 16% as against the agreed amount of 15.5%!!! She then posted the grievance on axis bank website.
The hike in interest rate from 15.5% to 16% is a pinch besides the feeling of being cheated.
The axis bank website advertises special rates for engineers and other professionals. I am more concerned about the kind of shady agencies that handle their business.
Please note the following matters,
1- my signature has been forged at 2 places
2- overwriting of the rate of interest figure.
The above two deficiencies give you a clear indication of the type of character who has handled my application and loan disbursement.
Please investigate - who has benefited from this breach of trust with the customer?
I believe axis bank has some reputation in the money market hence i chose to bank with them. Please therefore pursue this matter further and have this investigated as soon as possible.
You may contact me on [protected]
1) loan amount: inr 200, 000/-
2) full name as per your loan account: mathews abraham vadakkakara
3) loan number : ppr[protected]
Attachments : pictures of malpractice on the loan agreement.
Please note that all this information has been sent to axis bank but no action taken so far.
Thanking you in anticipation of a fair redressal,
Mathews abraham vadakkakara
[protected]
Hi,
I have had personal loan of 3-lacs with axis bank, i was paying monthly installment regularly till sep-12. But after sep-12 due to family health issues i could not make the regular payment and i started getting calls from bank representatives and soon after that i paid three emis and asked to settle the personal loan account (As it was difficult for me to pay the regular installments and i want to keep healthy relation with the bank) or let me know some other option to hold this loan-emi some time (For next few months). Then the axis bank representative advised and took me into confidence that its better to go for settlement. Now i am receiving threat calls on my cell, i am really scared as how these people can do like this.
Please help me as i am really scared.
Thanks
Dheerajpal malik
91-[protected]
I have had personal loan of 3-lacs with axis bank, i was paying monthly installment regularly till sep-12. But after sep-12 due to family health issues i could not make the regular payment and i started getting calls from bank representatives and soon after that i paid three emis and asked to settle the personal loan account (As it was difficult for me to pay the regular installments and i want to keep healthy relation with the bank) or let me know some other option to hold this loan-emi some time (For next few months). Then the axis bank representative advised and took me into confidence that its better to go for settlement. Now i am receiving threat calls on my cell, i am really scared as how these people can do like this.
Please help me as i am really scared.
Thanks
Dheerajpal malik
91-[protected]
Dear team,
I have had personal loan with axis bank long time ago and car loan too which has been closed few months back. But due to no job and financial hardship i was uable to pay my pl emi for last few months, thn. My pl emi convert into recovery. Even thn. Also i am paying the amt. To recovery people, they usually collect the amt. From my home. The executive name mr. Manab from rac guwahati, he told me that pls go for settlement with car loan and i will provide the noc. And i did so, immdtly. After few days i closed the car laon from my pf account which i received from my earlier co. When i ask rac people about the noc they told me that you won't get the same, reason behind now you have to close your pl a/c, which is not atall possible for me to do so.
From that time onwards i am paying the amt. To mr. Ali rac staff from guwahati against my pl (Pp[protected]). For last 2 months i was unable to pay the same as ther. Was no job. And in the month of arp2013 dated 16th i got the job and i informed the same to rac (Mr. Ali).in the last month mr. Ali was calling me but as i was busy with the meeting i couldn't pick up his call, thn. He called my wife who is three months pregnant and told her very badly and threaten her about me. My wife imdetly informed me about the same that mr. Ali threaten her. I was shocked and i called him and he behave was very rough and using slang words to me and atlast i told him that i get my salary i will pay the amt. And today i deposited rs.1000/- against my pl at rac pool a/c. After getting the same mr. Ali called me very roughly rudely and threatened me and said me that no need to pay the amt. Any more and now she what i will do to you. What do i need to do for the same please help.
(Infact i was the ex-employee of axis bank ltd... Form 2008 to 2011.. Emp id. Was 23871).
Regds,
Chiranjib pathak.
+[protected].
Guwahati. Assam.
I have had personal loan with axis bank long time ago and car loan too which has been closed few months back. But due to no job and financial hardship i was uable to pay my pl emi for last few months, thn. My pl emi convert into recovery. Even thn. Also i am paying the amt. To recovery people, they usually collect the amt. From my home. The executive name mr. Manab from rac guwahati, he told me that pls go for settlement with car loan and i will provide the noc. And i did so, immdtly. After few days i closed the car laon from my pf account which i received from my earlier co. When i ask rac people about the noc they told me that you won't get the same, reason behind now you have to close your pl a/c, which is not atall possible for me to do so.
From that time onwards i am paying the amt. To mr. Ali rac staff from guwahati against my pl (Pp[protected]). For last 2 months i was unable to pay the same as ther. Was no job. And in the month of arp2013 dated 16th i got the job and i informed the same to rac (Mr. Ali).in the last month mr. Ali was calling me but as i was busy with the meeting i couldn't pick up his call, thn. He called my wife who is three months pregnant and told her very badly and threaten her about me. My wife imdetly informed me about the same that mr. Ali threaten her. I was shocked and i called him and he behave was very rough and using slang words to me and atlast i told him that i get my salary i will pay the amt. And today i deposited rs.1000/- against my pl at rac pool a/c. After getting the same mr. Ali called me very roughly rudely and threatened me and said me that no need to pay the amt. Any more and now she what i will do to you. What do i need to do for the same please help.
(Infact i was the ex-employee of axis bank ltd... Form 2008 to 2011.. Emp id. Was 23871).
Regds,
Chiranjib pathak.
+[protected].
Guwahati. Assam.
To axis bank, rawat bhata (Raj.)
Sir, i wanted parsanal loan need to urgent and nearest the dipawali festible.
Only rs - 50, 000 rupees requirement for 6 months, so please provided persanal loan early. I will be working
Job in safety supervisor at gtpl company in rapp project rawat bhata & my salary is 19, 712 per month.
Thank you
Your faithfully
Govind singh from rawat bhata9chittor garh)
Mo. No.-[protected], [protected]
Mail id-govind [protected]@yahoo.com
Sir, i wanted parsanal loan need to urgent and nearest the dipawali festible.
Only rs - 50, 000 rupees requirement for 6 months, so please provided persanal loan early. I will be working
Job in safety supervisor at gtpl company in rapp project rawat bhata & my salary is 19, 712 per month.
Thank you
Your faithfully
Govind singh from rawat bhata9chittor garh)
Mo. No.-[protected], [protected]
Mail id-govind [protected]@yahoo.com
To, axis bank,
Sir, this is a request for personal loan emi settlement in 3 single payment,
I have already taken a personal from my nearest axis branch, and iam paying emi from 2013 still i have 60 installments, but now i want to settle this in 3 single payments.. Please suggest me what is the procedure for this and what is my payment also... Please reply for this e-mail as soon as possible.
Thanks,
Sulemaan dakhani
[protected]
[protected]
[protected]@gmail.com
Sir, this is a request for personal loan emi settlement in 3 single payment,
I have already taken a personal from my nearest axis branch, and iam paying emi from 2013 still i have 60 installments, but now i want to settle this in 3 single payments.. Please suggest me what is the procedure for this and what is my payment also... Please reply for this e-mail as soon as possible.
Thanks,
Sulemaan dakhani
[protected]
[protected]
[protected]@gmail.com
To, axis bank,
Sir, this is a request for car loan emi settlement in 5 single payment,
I have already taken a car loan from my nearest axis branch of rs.408000/- and i am paying emi of rs.8820/- per month from august 2015 still i have 50 installments, but now i want to settle this in 5 single payments.. Please suggest me what is the procedure for this and what is my payment also... Please reply for this e-mail as soon as possible.
Name: dinesh kumar
Cell no: [protected]
E-mail id: [protected]@live.com
Loan a/c no: auro[protected]
Loan amt rs.408000/-
Emi rs.8820/- per month
Sir, this is a request for car loan emi settlement in 5 single payment,
I have already taken a car loan from my nearest axis branch of rs.408000/- and i am paying emi of rs.8820/- per month from august 2015 still i have 50 installments, but now i want to settle this in 5 single payments.. Please suggest me what is the procedure for this and what is my payment also... Please reply for this e-mail as soon as possible.
Name: dinesh kumar
Cell no: [protected]
E-mail id: [protected]@live.com
Loan a/c no: auro[protected]
Loan amt rs.408000/-
Emi rs.8820/- per month
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Axis Bank / Personal Loan — Name mistake
I have received a cheque from axis bank-cheque refer-293985 dated 14/11/2008 for the personel loan a/c no-[protected].In this cheque my name written is wrong, it should be santhosh kumar. B. N.
Please get this changed and re-issue a new cheque for the same at the earliest.
Please send mail to [protected]@rediffmail.com for any infomation.
With regards
Santhosh
[protected]