Credvent Advisory Private Limited — Credvent Misleading Loan Approval & 15,000 Taken (Agents Sagar & Ramesh)

Address: 3rd Floor, 6th, Block, 71-72, Jyoti Nivas College Rd, 5th Block, Koramangala, Bengaluru, Karnataka 560095, India
Website: www.credvent.com

I applied for a loan for my wife. Credvent agents Sagar and Ramesh told us the loan was approved and asked us to pay ₹15, 000 as part of the process. After taking the money, they changed the story, demanded a non-NRI guarantor, and stopped giving proper updates. No sanction letter, no UTR, no transparency. We have full chat and call proof. Requesting strict action
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Nov 08, 2025
Updated by Kiran EP
I am writing this review based on my extremely frustrating experience with Credvent regarding a loan application for my wife.

Their agents, Mr. Sagar and his senior Mr. Ramesh, clearly told us multiple times that the loan was approved and would be disbursed shortly. Based on their confirmation, we submitted all required documents.

However, after several follow-ups, they suddenly changed their statement and asked for a non-NRI guarantor, which clearly means the loan was never actually approved as they claimed. Still, we arranged the guarantor and submitted everything exactly as requested.

Once again, they changed the story and avoided giving any proper update. They refused to provide:

The official sanction/approval letter

The UTR number

Any written confirmation of their claims

Their behaviour was misleading, unprofessional, and caused unnecessary stress. I have complete chats, screenshots, and call logs proving how they kept changing their statements.

A loan company should be transparent, honest, and trustworthy—sadly, my experience with Credvent was the opposite.
 
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    Credvent Advisory Private Limited
    3rd Floor, 6th, Block, 71-72, Jyoti Nivas College Rd, 5th Block, Koramangala, Bengaluru, Karnataka 560095, India
    India
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