IDBI Bank Complaints & Reviews

Request Letter

From,
Rekha S Yadav,
Vithal Chaudhary Chawl
Room no 11, Chole Village,
Thakurli (E)
District Thane
Pin Coad 421201.
Mob no [protected].
Email ID: [protected]@yahoo.co.in

To,
IDBI Building, 2nd Floor"A"Wing,
Sector 11, Plot No.39, 40,
41 CBD Balapur,
Navi Mumbai-400614

Sub - ORIGINAL DOCUMENT FOR IDBI FLEXI BOND(Deep Discount Bond)

Ref order no 140137
of above IDBI Flexi Bonds, request your kind attention to the original documents of above bond was misplaced from me, so I request you to kindly advice me the procedure of claim of the above Bond.

And also I request you to kindly change the correspondence address, My new address is given below : I, the undersigned holder
Vithal Chaudhary Chawl
Room no 11, Chole Village,
Thakurli (E)
District Thane
Pin Coad 421201.

I hope you may consider my request and send the reply on my new address only.

thanking you,
Rekha S Yadav.

I have invested Rs.20000 in the bond and the maturity date is 05.03.2007.My certificate nois[protected]. I request the amount may kindly be paid to me.
K.Uma

Applied for loan from IDBI bank for purchase of flat fron Exotica Developers in 2008. The loan disbursement was delayed as the loan limit to the builder had exceeded. I was told by builder's representative not to bother as this a problem between the builder and the bank and very soon fresh loan will be sanctioned for the project and my case as well as other similar cases pending would be dealt with without any penalty. But after the loan got sanctioned the M/s exotica Builders is demanding interest charges @ 24% for the full delay period.

I would like to invite all who are facing similar problem to join hands ASAP and formulate a strategy to deal with the situation.

Regards,

Manoj

Hi,

I have sent several mails to Customer Care department of Bank however I am not getting any response on my request. The mail sent to customer care with a cc to Operations Manager Mr. Sujeet Kumar is pasted below for ref.:-

From: Anil Jain [mailto:aniljain.[protected]@gmail.com]
Sent: Monday, March 21, 2011 3:54 PM
To: [protected]@idbi.co.in; [protected]@idbi.co.in; sujeet.[protected]@idbi.co.in
Cc: Anil Jain
Subject: Re: Increase in EMI for Loan A/c no. [protected] (Anil Jain).

Hi All,

Its third day, I am still waiting for the revert.

Regards,
Anil Jain
On Fri, Mar 18, 2011 at 11:11 AM, Anil Jain <aniljain.[protected]@gmail.com> wrote:
Hi All,

I have availed the above mentioned loan for Rs. 41.41 Lacs in the month of August 2010. Initially the loan was disbursed at ROI of 9% which has been increased by IDBI Bank from time to time and now the latest ROI is 10.5%.

I understand that this incraese is dependent upon the market conditions, however if I compare my EMI at the time of disb. v/s my EMI applicable from April 2011, there an increase in monthly EMI for Rs. 5085/-. At the time of disbursement my EMI was Rs. 36248/- which is now revised to Rs. 41333/-.

I do not have any concern about incraese in ROI, however being a salaried person it is very difficult for me to pay the extra monthly burden of Rs. 5085/- that too in same financial year where I have not got any incraese in my monthly income. Since I am 33 years of age, I still have 27 years to retire from the job.

Hence I request you to please increase the tenure of loan instead of increasing the EMI so that I may be comfortable in repaying the EMI well on time and in regular course.

I hope you will consider my request and revise my EMI to lowest possible by increasing the tenure of loan.

Expecting a favorable and prompt response

With Sincere Regards,
Anil Jain
+91 [protected]
[protected]


I hope the above pasted mail is self explanatory.

Expecting a prompt and earliest revert on the matter.

With Sincere Regards,
Anil Jain
+91 [protected]
[protected]

Sir

Myself R Md Naseeruddin sign an application to open a savings account along with my wife SA Habibunissa in IDBI BANK through (Abdul Harish Executive) 10000x2=20000 . 10k for each account on Feb 7th 2011 morning in my house no 130 Dr Natesan Road Triplicane Chennai 5.

Sir I'm very upset ,even after 2 months my and my wife's account didn't open .
whenever I call to customer care they just give me some Complaint numbers and no action taken against the Executive. I request Idbi Bank to stop recuirting fraud executives or stop fraud banking ... I need my money back


Thanks
Regards
Naseer
Habibunissa
[protected]

Respected Sir ,
I have taken education loan from IDBI bank ,Bhusawal branch for my engineering studies in the year[protected].In last year ministry of HRD announces new scheme that there is no need to pay interest during the education period ie. the government will pay it directly i am eligible in that criteria but bank not providing the benefits to me of that scheme whereas other banks like SBI ,bank of India providing that scheme & complited there form filling & all .I have visited to IDBI's loan dept also for that scheme but they don't have any idea about it ,I have spoke with the manager also but he is not giving any details so what can I do now will i get that benefits or not ? this scheme is available in IDBI? or not?

My education loan no:[protected].

I used the ATM of axis bank for money withdraw of rs. 5000 on date 31 january 2011. but my idbi account was showing the transiction 2 times on ssame time. i have complaint for that but got no ressonse till now.plz solve my problem.

my name is ABHAY JAIN
SAGAR,M.P.
contect no.;-[protected]
my customer no.[protected]
a/c no.-[protected]
date of birth-8/7/1986
PIN CODE-470002

hii ffriends ,
All IDBI employees are either liars or they don't know their job . If they are not aware of their jobs then I feel it's time IDBI hires a totally new set of employees and fires out this worthless lot .
I opened an account with them thinking that they provide good net banking as well as phone banking services . I was told that all my facilities will be activated as soon as my account is active . However , this did not happen and when I asked them the reason they started saying that these facilities will take atleast about 10 days to activate . Besides , it can't be done online or over the phone . I need to visit the branch for this and fill up another form . Even though I had filled up all the forms at the time of account opening I was asked to do that once again .
These people don't care about their customers and their time . They trouble you like anything for small petty matters .Moreover , their executives will never answer your questions . These people have no respect for time and their customers .

Thank You ,

Please don't ever open an account with IDBI Bank .

I have invested DT[protected] IN IDBI Infrastructure (Tax Saving) BOND (2004 B) of Rs.: 30000/- & Maturity date of the said bond was[protected]. The Folio No of the said bond is 20IFB2033894 Total No Of bonds: 06, Amount per Bond Rs. 5000/-, Certificate No:[protected], Distinctive No.(s): [protected]- [protected]. Maturity Amount per Bonds Rs.: 6,030/-, Total Maturity Amount Rs.: 36,180/-. You are requested to look into matter & send the proceeds at the following address:-
Arvind Kalla
c/o Yash Capital
Shop No: 16, Ground Floor,
Rai Bahadur Market
M.G.H. Road
Jodhpur
Cell No: [protected]

My wife is only 8rth passed. she is only leaving certificate & Marriege certificate. Nobaody another certificate(no body pancard, no photo id nobady). Your idbi sabarmati, ahmedabad Branch first accepted LC,Marriege certi & after 1 week his reply do not open account because she no identity proof. what should i do? Please give reply i send also My wife LC,Cast Certi, Address Prof,Marriege certi all submit in Bank but He do not open a account.

jayesh

I had booked a Flat in Exotica Elegance,Indirapuram,Ghaziabad 2009.Bank financing this project was IDBI Bank and Vision Retail was the Bank's TP Agent.They delibrately delayed the disbursment of Loan despite,I provided them all the documents.They were saying that Bank is doing some Technical assessment for the Builder and there is delay in Disbursement of Loan.Vision Retail is the Representative of IDBI Bank(Vision Retail) involved in this Fraud.

Now they are charging hefty interest at the time of posession saying that it is delay from my side and there is no fault of bank.I think this is a Nexus between IDBI Bank(Vision Retail) and Exotica Developers to cheat people.

I opted for a loan from IDBI bank for Exotica Elegance Indirapuram society (Home loan account number [protected]) and applied on 1st week of April 2010.

The bank was delaying my processing even after the fact that all my documents and relevant details were up-to-date. My legal and technical documents were received earlier by the bank. Everything was clear.

I had filled up the Home loan form (50-60 signatures) firstly and then after 8-10 days came to know there was some cutting done by the bank in this form so the idbi agent again asked me to refill and sign that form, due to which there was a delay in loan processing..

At the last moment I got call from the official at IDBI BANK Delhi making a mandatory statement to avail the IDBI FORTIS HOMESURANCE. Without which the bank was not disbursing my pay order. Even though I agreed to take the insurance same day, still the builder received the amount well after the deadline, as a result he has imposed a late payment penalty on me...

Whatever documents were asked from me by the bank agent I gave him the same within 2-3 days but still the loan got late by 1.5 months..I kept on pushing the bank aganet for quickening by loan disbursement by he kept saying there is no problem...

I am trying to catch the IDBI bank executive Mukesh but no success...

I am planning to go to consumer court against IDBI bank..
Anyone gone through this issue please reply...

Manish

sir, idbi home loan in feb. 2011 they charged EMI rs.19150 TWICE ( on feb 2 cheque no. 20026 & feb 11 cheque no. 20027 ) why ? sunil kapoor cf-13 mahaveer nagar barmer 344001

Hello,

I have submitted my proposal for home loan to IDBI bank.
Initially their agent gave me the list of papers and amount(processing fee) calculation.
But once I gave them processing fee cheque now they are keep adding charges and also their representative is not providing service and behaves rudely.
Agent name is : Purushottam Kuwar
Now for my further document clearance, I have to take the leave and has do go in bank.
I am fade up with this bank and its service.
Immediate action needs to be taken against such employees.

I have a home loan with IDBI, I had applied for top up loan. IDBI charged me the processing fee of INR 5,515 upfront. Few days it was learned that i wasn't eligibile due to new IDBI policy. Upfront, i had instructed the bank to return back my cheques. 10 days later i started receiving calls from IDBI for verification of my address. I was quite shock to know with the miscommunication within the organization. Few days later, I was surprised to know my case was loged with IDBI for loan process. When i repeatedly requsted the bank for the return, after 40 days i got a cheque of Rs 3015. IDBI deducted Rs 2500 (45% deduction) as the processing fees.

I just want to know from IDBI that if loan is declined due to policy change then why a customer has to suffer. Rs 2500/- is huge amount for an employed person. .

Dear Sir,

I have withdrawal cash from my IDBI cash card from PNB ATM. But cash has been not withdrawal and balance was deducted from my account.so it's my request to you please send my money back to my account as soon as possible & inform me accordingly.

Withdrawal Date[protected]
ATM ID D1469400
Transaction No. 4681 Cash Withdrawal
Transaction No. 4682 Balance inquiry
My Cash Card No. [protected]
Name - Ashok Chand
Mo. [protected]

Non receipt of maturity payment of IDBI infrastructure (tax saving) bond 2004C of registered folio no.21IFB227104 & BOND certificate no.227104, Distinctive numbers [protected]- [protected]

Sir,
It is brought to your kind notice that i had invested Rs ten thousand on above bonds under the above mentioned folio and certificate no. I did not get my redemption value till date. Kindly take the matter on priority and remit me the due payments at the earliest possible to the following address.
SHINDE BHARAT PANDHARINATH
KSHIRSAGAR RAJ PARK, FLAT NO.5
[censored]OLENEGAR SANGAVI PUNE
411027 MAHARASHTRA
Email. [protected]@gmail.com
Mobile no- [protected] / [protected]

I have applied for Car Loan in IDBI bank. They have sanctioned my loan without any condition. After getting sanction latter I have made payment to dealer now at the time of disbursement they are asking many documents.

Be careful before applying for any loan in IDBI bank. They have only ability to provide sanction latter not disbursement amount.

And more interesting part is without disbursement they will take processing fees which is not refundable.

I have transferred my home loan from Axis bank to IDBI bank. IDBI bank told that they have online access to the home loan account and for that I have to open the saving bank account. When I opened saving bank account by providing my residential proof along with home loan account statement for the home loan customer id, still IDBI bank opened the account in different customer id and now not ready to update or provide me home loan account online access to check my account.

The home loan department of andheri is worst, after my part payment to my home loan account they are not ready to provide me any updated document like account statement and repayment amortization chart to understand the updated situation of account. They are asking to pay Rs. 115 to get the account statement. Which is worst. Even after earning so much of interest thet still want more money to provice service to the customer. I don't know whether there is any rule of RBI that not to provide any updated documents to the customer when in case o[censored]pdates in the account. This is worst.

I don't know when all these people will understand Service to the customer is more important.

Hi,

I am Anil Jain. I have taken a loan from IDBI Bank Limited- Home Loans vide loan account no. [protected]. This was a Balance Transfer from Deutsche Postbank Home Finance Limited. I have taken full disbursement for complete loan amount in the month of Sept 2010. Hence Logically, My EMI must be started from Sept or maximum by October 2010. But still Bank is charging only PEMI for my loan. I have send the mails to Customer Care department also but still there is no progress even after 4 months of complete disbursement.

Regards,
Anil Jain
+91 [protected]
+91 [protected]