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[Resolved]  Shaha Finlease Pvt Ltd — Credit card settlement


I had been followed up by Shaha Finlease for a standard chartered bank credit card with number ([protected]) for a settlement amount of rs 25000/- and and which I settlement by making a payment of the same amount online to the online account provided by Shaha finlease. When the representative(Ramya) talked to me towards the settlement, she had informed that Settlement letter and No due certificate would be issued from Shaha Finlease immediately once the payment is done.

Now its past two weeks that Shaha Finlease is not sending the NDC and now when I had called them they are asking for another 20000 for issuing Nodue certificate and also to update the cibil status properly.

Due to this, I confirm that Shaha finlease is a fraud company buying the accounts from banks for 1% of the face value of the credit amount and trying to collect huge amount from customers.

This mistake happened with the bank by not issuing the proper statements and demanding huge amount of money in favor of interest and late payment fees.

Friends, be aware with this company before making any payment directly with them. Don't trust them, they are frauds.

I am in need of an advocate who can deal this type of cases against the non-registered financial institution.

Please advice.

Complaint marked as Resolved 2018-06-11 19:13:17
Verified Support
Shaha Finlease Customer Care's response May 11, 2018
Dear Customer,

We wish to inform you that the account is settled by you, in settlement process we can not provide you NDC letter.

For NDC letter you need to pay the balance charged off amount.

please feel free to call or write to us on further clarification.

Thanks and Regards
Customer Service
Shah Finlease Pvt Ltd.
Complaint comments  3 Comments     Updated: Share0Tweet0



Don't trust them, they are frauds don't have any office I send photo address mention in there latter head

Shaha Finlease Private Limited is an NBFC and has purchased a portfolio of non performing assets from Standard Chartered Bank.

[protected] or call on +[protected].


What ever the information which has been given in this site is 100% true and Genuine, even I am an victim of this fradulent company Shaha Finlease pvt ltd.

It is an 100% Gundas and roudies run organization, without any gesture or moral values to the customers.

They have few people who claims that ther are Advocates, who does not know even sections which they work for, typical gundas who can do anything to launder money from innocents.

I dont know how come they are operating and exisiting even after repeated complaints on them online and in consumer courts.
Dear Sir/ madam,

The thing is that ladies are not safe too much in india. This complaint is regarding the abusive and harasment calls i am getting from these shah finlease pvt ltd which is illegal operating against standard chartered bank.I am the lady this the words i am getting from their agents "paise nahi doge toh ghar me ghuske tumhare sath kuch bhi karengey. I am threatened wat to do now. I am getting abusive calls and harasment calls from these agents which are illegal. They are calling to any1 and harassing people to pay money even they dont have any bank account previously with standard chartered. i am suprised i dont have any account with this bank.This is the no i am getting calls from +[protected]. Please take the action against this no. As they are getting data information from some banks and they call on that data.These are fraud people please dont attend such calls from this no.
This is the gentle reminder please take some action against these firm which is operating illegally in mumbai. Please conduct raid against this firm.

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    713, 7th floor Vihaan building , Opp nutan chemicals walbhat road, Goregaon, Maharashtra, India - 400063