[Resolved] IndiaBulls

[Resolved] IndiaBulls — homeloan

M muniraj1985 from Mumbai, Maharashtra

Indiabulls housing finance ltd is a worst. AS i submitted all the supporting documents for home loan.one of the executive called jayaram who is proceesing my loan and also collected rs.1015 as a proceesing fee and next day he called and told that give rs.10000 for legal proceesing fee this amount is given as well.the proceesing is still gone to one month. And after one day i went to Indiabulls housing finance ltd,kormangala bangalore i got a information from the manager praveen he already left job we dont have any information abt the home loan.final i lost rs.10000, waste of time and upset. My suggestion please do not apply loan in Indiabulls housing finance ltd. Was this information helpful? No (0) Yes (0)
Aug 13, 2020 Complaint marked as Resolved
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atozsmile

from Noida, Uttar Pradesh

same thing happened to me...they demanded 16000/- for clearing the loan..i told give me all paper which i have given for loan...then they agreed to give loan..than they dedutced the insurance ...saying that its mandatory...they have given policyies fronm icici lombard, ...it seems they have tie up for profits...and they are not telling anything regarding insurance to customer...they asys insurance is mandatory...im cancelling now the same...and fighting ..Indiabulls loosing its brand name in every field..be it security, power, housing and loans...Two iitns name is going in garbage...