Fullerton India Credit Complaints & Reviews

Dear Sir/Madam, My Name is Manish and I have a Personal credit of Rs.3, 69, 420.00 which is currently active –Credit no: [protected]. At the time of Disbursement I have been told that the Rate of Interest will be 15.50% on reducing balance (Which I rejected because of high interest rate). Then your Executive made the final disbursement on 13.75% which I was ready to take with however not aware it was way to high.(In Flat rate) After one month of disbursement of credit I received the Credit Agreement copy & Repayment schedule letter through courier I have realized that actually you are charging 23.50% per annum on reducing balance basis which is too high(PFA). I don’t think any other financial institutes are charging such high ROI. And the pre payment charges of the credit were also misguided which I asked to pay 7%(percent). I would like to foreclose this credit account with your consent and require an appropriate interest waiver for the same.I contacted to the customer support, they asked me to pay Rs.3, 65, 000.00 only(After paying Rs.11, 942 * 8 months which is Approx Rs. 96, 000.00 ) as well as been to Thane branch office twice however not getting any proper response . It's been over Two month now already took a PL from another bank to foreclose this credit account, Now I am paying for both credits at one time . It was totally a mishap/miss communication which I have faced and suffering a lot with the same . Appreciate your effort for closing this issue! Regards, Manish V Mobile : +91 [protected]

I applied for a personal credit through this company and same was approved.I received a call from Rep Name Aarti([protected]) and she asked me to submit 3 checks duly signed, 2 blank and one cancelled.I submitted checks to guy named Sumit([protected]).Next day one check got cashed for 10000 Rs and from that time I am calling this lady and she is not responding. I have already lodged an police complaint against them and this company because they sold my details. Please do not go for this company. They are pure frauds.

Sir
As I have already pay rs[protected]+633) agaianst late payment
charges on dates 29 jun 2015 online with ref no. DSBP[protected].The online
payment recipt is also attached.Pl clear this due payment from my account
asap


Sushma Rani
[protected]

Dear Sir Kindly refer the online payment details . Made by me as an EMI for the month of june 2015 Transaction reference no. DSBI[protected]. Transaction date: 05.06.2015 Loan A/C no. [protected] Name: Mohd Asif Even though this payment made already, Again, there were, Second time, Fullerton deducted EMI on 8th june 2015 from my SBI account. Kindly request you to take necessary action to return this payment immediately.

mr devapriya chakravarthy sales manager lower parel branch [protected] fullerton and mr rohan mishra [protected] were the agents who had done sanctioning of loan from fullerton for 4 lakhs rupees these people had taken Rs. 40000 /- from me as they said that they would give me the loan and clearance had to be made from top bosses so they have to be given this money for sanction of loan so i had to unwillingly give them this money and they said the EMI for this loan will be not more the Rs. 11500/- as I said them that I cant pay more than this amount they took signature on blank paper as they assured me this EMI will be less but when i saw the EMI it was Rs. 13987/- which I could not afford they said that they will speak to their higher up and less the amount but now they are not calling me up nor receiving my call. I told these people that i do not want insurance as i have ample of insurance which i am not paying these people on their own removed the icici lombard insurance policy and sent it to my residence after that I called them up and told them about the insurance policy they said that they will lookin to the matter cancel the policy and return me back the money amount Rs. 12500/- these people took that amount also as i said that return me that amount these two people are not returing my amount as they have done a fraud with me this message i would be sending to icici lombard. As I will lodge a police complaint against these two people. One thing I have to tell fulletron top bosses is this financial firm made only to fool people and take away their money and do fraud are the worker not paid well as they fool the customers who are in need on loan. Cant i get any jusitce from the management of fullerton as they are also likely to be like their employees. A humble request sir please do look in to my matter as I am in need of money.

I have a loan account.no- [protected], name- Ranjan kumar patra. When from Mumbai head office they call to me to pay the settlement money 50000/- in two.month, I pay that money, they say that after completing of 50000 / they can give me NOC.but after I pay they didn't receive my phone & also didn't give my NOC.the fully signed mail I take before paying.Also I have take the payment slip.plz.help me sir

Dear Friends at Fullerton, May name is Nabil Singh, and I had two loan accounts with your company: [protected] - Personal Loan, Amount - 50, 000, Dated:[protected] [protected] - Loan for Motorcycle, Amount - 42500, Dated :[protected] I have regulary paid my installments for these accounts either through my bank or through direct cash collection by your agent. Today when I applied for a car loan, which was rejected, on further inquiry I learned that my CIBIL rating shows both of these accounts having due and written off by the company. Today on[protected], I visited your branch in Gwalior and inquired about this discrepancy, your branch manager was not able to provide me with any information He was also not able to explain to me as to why was I not informed about these dues (if any) and how can the company write-off the loan, or settle a loan (Rs.1513 and Rs.2687 respectively), without informing the client. I have no written communication in this regard. The Branch Manager went to the extent of saying that following up with clients is not companies responsibility and clients should follow up with the company. In this situation my CIBIL rating has been badly affected and I am not able to apply for a loan, no bank is considering my case. I have raised a dispute with CIBIL vide Dispute ID - D[protected] for keeping me in dark and taking financial decisions on my account without my consent and providing information to me. This mail is to seek your guidance on how will this issue be resolved and my CIBIL rating be back to normal again. It is saddening that such measures and accounting is done by a financial institution without the information of the client. Regards Nabil Singh [protected]

The rate of interest they promised at the time of issuing the loan is not the same after getting it. It was told the rate of interest is between 24% and now after inquiring with CC they told its 37.%. If this the case then why not to go any any of the Personal loan with other banks which I am sure it is lesser then 37.%. Not all happy with this. zero rating!

I have not received any email about my loan account number which was taken in 2014. Name: Ganteti Ramesh Babu Mobile Number Registered: [protected] Date if Birth:[protected] Mail: [protected]@gmail.com Can you help me to get the loan account number.

my lone A/c no. [protected], 5/6/2015 ko mera check return huwa h, kis reason se bank ne return kiya paper ki copy mere ko send kare, bank m mera paisa deposit h, or ek bar return ho ne k bad aap ne 11/6/2015 ko phir se check laga ya kiya us bar bhi check return huwa h mere ko dono time ki reason paper ki copy bheje, because me bank me baat kar saku

I B.Radha took Personal loan amount RS. 200000/- and EMI Amont Rs. 6971/- started from October-2014 to till this june month . so iam closing of remaing amount, pl give me details. I called up toll free no [protected] but they are not responding the phone call

I am an existing customer of Fullerton India credit company Pvt Ltd. I took the loan (loan A/c no. - [protected]) in month of December 2014. I got the loan from Fullerton Company through one of the agent named (Dinesh). After discussing the whole matter regarding loan in detail, he agreed to provide me a loan of one lac at a rate of interest of 24 %. He even told that if I will repay this whole amount properly, then he will be giving some offer of low interest from the next time. Then he made me to sign on the unfilled form and unfilled agreement paper assuring me that he is going to fill the form as per discussion made between us. He even told that I will be getting welcome kit within two weeks after the sanction of the loan amount but I didn't get. Now when I started paying the EMI, then I came to know the hidden truth that they are taking the EMI from me at unbelievable high rate of interest of 36 %. I got shocked. Can I know the reasons how those people dare to cheat me like this? I am a widow and I am getting very low pension. My children are still studying. My daughter is still unmarried. Then also these fraud people cheated me very badly.I want to know the rules and regulations made by RBI to control the activities of these non banking finance companies. Can I know the maximum rate of interest specified by RBI for personal loan from non banking finance companies like fullerton? After paying my four emi on time, I was unable to pay emi on time in month of May, 2015. When they enquired me about this, I politely requested them that I will be surely paying the emi with penal interest after three weeks and I also paid my bounce emi with the penal interest as per demand by the manager of fullerton company. But within these days of three weeks, they tortured me like any thing. They behaved like criminals. They (a person named Bharat Pandey) even visited my home and harassed mentally to me and my daughter very badly for long hours. I requested many times not to keep on shouting but he don’t listen to me and continue to threatening me. Everyday they used to ring me and talk in rough behavior. When son who came after some time requested fullerton agent that not to shout and told him to talk in a polite manner, then he started fighting with him. May I know whether such power and rights are given to these non banking finance companies to treat with their customers. How can I seek help if they continue to harass me like this ? To whom can I approach where I can get justice? Please help me regarding this matter. I am feeling alone and helpless. How ever I am having a full hope from your organisations. Truly saying I am incapable of paying monthly EMI at high rate of interest of 36%, no matter for that I will have to take help from higher authorities or organisations. Hope you will be helping me understanding my problem and will give positive response. I am also attaching my soft copy of my loan details which they recently sent to me after requesting them. Thanking you Meena Choudhary Loan A\c no. - [protected] Customer ID - 5904641

We applied business loan from Fullerton India chandigarh in the month of March2015. Commitment from Fullerton 40 L @ 17.50% for 36M without processing fee Installment date 10th Every month. We applied loan payment dispersed by Fullerton after one month we got the agreement 30L @ 18% for 36M processing @ 1% instalment 4th of every month. No commitment full fill by Fullerton official & DSA Mr Gagan Now you tell me where we go now. Rgds Rajan [protected] Chandigarh

Dear Sir, Loan Account No: [protected] Customer ID: 3783021 This is regarding the request for Top up Personal Loan. Already I have got Personal Loan and its going on. We need addition loan amount for personal purpose. Kindly accept and do the needful for the same. Thank You. G.Karthik Kumar [protected]

number [protected] name arun patil has calling me to pay a due of personal loan where i didnt take any personal loan from Fullerton India ever. but they are not ready to accept it and calling me and my relatives and people associated to me without any fear, and stated that what ever i can do i do but they will harres us like this forever.

Dear I just want to know my personal loan account number because i forget & lossed my NOC document so can you please help me out ASAP. Detail which i have Name:- Munitendra Saxena H.No. 519/7 Jagrati Vihar Meerut UP Mob:- [protected] Regards Munitendra Saxena...

sir, We approached Fullerton for PL, and executive approched us ( Mr Praveen), He has processed the application based on following confirmations 1. Loan amount 2.5 -3 Lakh 2. Rate of Interest 16% Diminishing Balance Rate 3. Process time -3 -4 days, for approval 4. After approval and signing the Loan agreement Disbursment within 48 hours. without any confirmation, or loan agreement signing they have disbursed the amount. we have received a personal sms from Mr. Praveen after disbursment of amount stating that Rate of Interest is 16 % flat. and he even has not confirmed the eligible amount/tenure/ROI/ EMI/ anything before disbursement. we have moved forward by signing application thinking Rate of interest is 16% Diminishing, . we reject the loan, and request you to cancel the Loan, and provide us details, to close the Loan Acccount. if you are not responding are not progressing immeidately for closure of this LOAN, we shall approach, consurmer rights for FRAUD and FALSE information provided by your company. and RM Vijay who is also not responding and speaking rude language with the customer. on request to close the Loan. we shall not pay any single rupee extra. we shall transfer the Disbursement to you immediately on proceeding with Loan closure letter.

Dear Sir/ Madam, I have just lost my job and there is 1 EMI pending (Only 1 EMI) inspite of lots of request they are continuously threatning me that they will send people to my home and harm and insult my family please help am loosing my mental balance and in such trauma that ending my life will solve this problem, despite while taking loan they have done an insurance which covers even loos of job.please help LOAN NO-[protected] mail: avp.[protected]@gmail.com

Dear Sir, One of the staff working in your company(Name : SURESH, Branch: Sulur Coimbatore).He is getting commission from the customer and he is having very bad relationship with customer and doing illegal activities. His previous company is MUTHOOT FINCORP-MUTHOOT MAHILA MITRA in kinathukadavu branch.While he was joining in this company he says tat, he worked as painting.And you have to aware of him tat why he came to you company. These all complaints are given by members in field.Those complaints are already i have trying to say with sulur Branch Manager Mr.Gunasekaran(contact no-[protected]), but he is not attending the call.So please do select good staff and make your company growth. Am previously worked in MUTHOOT FINCORP-MUTHOOT MAHILA MITRA as Branch Manager. For any enquiry or any details call to my number-[protected]

Dèar sir, Iaam dennies raju from cochin.i made an enquery about your personal loan.your exicutive Told that your officials will call me within 48 hours.iam waiting for your call for last 3 days..iam in so need.kindly do the need.my reg no is 264861.my mobile no is [protected]. thanking you.