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India Infoline Finance [IIFL] Complaints & Reviews

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Updated: May 18, 2026
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India Infoline Finance [IIFL] reviews & complaints page 2

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M
Mystic Flickr
Aug 17, 2021
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Demat account activation from Karvy

Address: Rajajinagar, Bashyam circle, Bengaluru

Hi, yesterday visited local branch of IIFL security, Rajaji nagar Bengaluru. Our holdings with Karvy account was freezed, so headed to iifl to activate the demat account. When enquired will my old holdings will reflect on the IIFL account, they said yes. Today logged in to The IIFL account there is no holdings which was held with Karvy and all NSE, BSE cash segments are not enabled. How to do trading then if previous holdings are not shown....
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Dear Sir,

I want to book complaint against IIFL SECURITIES Because They used my demat account # MILI0632 with them without my prior permission or confirmation & trade executed on my behalf from IIFL executive on 29th July 2021 Because of this I loss my Investment, please investigate this issue with IIFL SECURITIES & recover my investment let them bear the consequences for the same.

Looking forward to hear from...
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R
RaghuReddy1749
Jul 13, 2021
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IIFL Gold Loan : Auction took Place without Intimation - GL16295582

Address: IIFL, Devasandra Branch, KR Puram Bangalore 560036
Website: IIFL

Hello Sir/Madam

My self Is Raghu, I have gold Loan account in IIFL: GL16295582 in Devasandra Branch, KR Puram, Bangalore 560036. Due medical criticalities I couldn't pay the interest and also I lost two members in families due to Covid. I received a call from IIFL branch on 5th of July 2021, saying that I need to pay the interest amount around 22500 Rs. They said, we will hold auction if I pay min 5K rs. I paid her WhatsApp...
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Address: Gurgaon

Sir,

I have paid Rs.3540.00

Dear Customer, We have received payment of INR 3540.00 against your Loan No IL10143469 on 21/05/2021 2:59:49 PM.It has been credited to loan account -IIFL - IIFLFL

For home loan but neither any official communication has been given about not sanctioning of home loan nor about paid has been refunded to us.

This is unethical actions of the company....
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Address: VIJAYAWADA

I am Lakshmi kumari.We have took an IAS course near byjus with our registered number [protected] on date 07 April 2021.We are unexpectedly stucked in crisis as my husband was admited in hospital.Due to these pandemic times we are suffering alot financially and its all happened in sudden.We understood that we had got in to severe conditions and we cant afford to pay the EMI's even.Keeping all these in mind, we applied for cancellation before...
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Raziquenaj
Mar 21, 2021
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Foreclosure document not provided

I had to raise this complaint after making multiple attempts since feb 25th 2021 to get my forclosure document, I have visited Moti nagar delhi branch, I have called customer care numerous times, I have marked email to nodle office and zonal office but no body cares at all. It has been a month since I am trying to get the forclosure, my loan is ready with LIC but not able to get it transferred because of not having the forclosure. Customer...
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Namrata1234
from Delhi, Delhi
Dec 16, 2020
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Personal loan fraud

Address: Andheri, mumbai
Website: infolinefincorp.com

I have been cheated by one of employee of iifl named Jitendra as he asked me to pay processing fees of 6250 after which only my loan amount could get credited. I paid that amount i was in urgent needs of funds to resolve some of my debts (even when i was getting a sense that it could be fake). But as this person shared all documents from india infoline id only [protected]@infolinefincorp.com i thought that this must be real entity. But i got cheated...
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Nitin Munjani
from Rajkot, Gujarat
Feb 9, 2020
Aug 30, 2025
This thread was updated on Aug 30, 2025
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fraud company with fraud employee

Address: Pune, Maharashtra

Hi,

Your company is running fraud business. You have given full persion to your employees to cheat customers to run your bussiness any how. I am cheated by your employee for insurance policy. While purchasing policy your employee yogesh khawale (Pune) told me multiple false benefits and upon policy receipt i did not received anything what he promissed. He took my policy paper by telling he will make all the correction in policy...
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sunit.bhakat
from Mumbai, Maharashtra
Dec 3, 2019
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very very poor service of iifl securities...

Address: F-6, Flat No- 6238, Alok Vihar-2, Sector-50, Gautam Buddh Nagar, Uttar Pradesh, 201301

Never open an account with iifl. This is basically a one man show business.
You will be trapped if you open a account with them. There is not any rule regulation of their company. Now a days they are giving opportunity to open an zero balance account. Friend i am requesting you don't be trapped. There are doing fraudulent with their customer.
1) once you open an account with them then they will ask for pay of rs. 25k for reducing...
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Heena Rajput
from Valsad, Gujarat
Aug 18, 2019
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relieving letter is not providing

Dear team,
Should i trust you
I was the employ of iifl finance limited
I got everything from there but one of my friends was employee in iifl,
She was there for 7 month and torture and forced by senior authority for leave the job and when she finnaly leave the kob the hr department denied to give her releiving letter
I just wanted to know that she has all right to have releiving letter from company that...
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Ganesh ramesh kamble
from Mumbai, Maharashtra
Aug 9, 2019
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iifl cheated with me

Address: Wagle estate, 16 no. Thane, Mah., Thane, Maharashtra

I'm prashant durgaprasad singh, i have applied for the home loan to iifl thane maharashtra, for which i have paid the processing fees also, after all verification the bank person mr. Ranjeet jaswant singh have given me the soft sanction letter of loan on 03/04/19, then after a month when i started followup for the cheque, after a month, the above person told me that now you do the agreement with the flat owner and submit it to the bank then...
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KakoliBorphukan
from Silapathar, Assam
Jul 29, 2019
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no due certificate

I asked for a no due certificate at the iifl dibrugarh branch. But they did not responded well and the manager behaved very rudely with me. As a consumer i am very disappointed. My loan a/c no. Gl7250581 & gl7302929 which were already repaid on 17/06/2017. Please arrange me the same. Due to non receipt of it my home is kept in hold. Please treat the matter as urgent one....
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Monomita Pal
from Bengaluru, Karnataka
Jan 19, 2019
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part payment not showing in account statement

Address: 560067

Dear concern, i myself ashes kumar ghosh account no. Il10022354, i have done my part payment 3times inn 17th, 24th, 29th dec18 (10000/-, 10000/-, 25000/-), everyone is hiding to connect senior team about this complaint, and falsely commiting that within 3days they will do, but as on today date not done. If i ask crm they are telling same story generated complaint no (Such as 89874, 107457, 90107). Please i am really disappointed, they are...
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from Agra, Uttar Pradesh
Jan 17, 2019
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forgery and wrong commitments and cheque clearance without intimation

Address: Lucknow, Uttar Pradesh, 226001

Dear team,

This is very unethical on behalf of iifl, i applied for a house loan as this was needed by me and after submitting complete documents at iifl lucknow office to mr. Sameer somehow denied to the loan as roe was quite high and wrote a written mailer to mr. Sameer (Iifl lucknow representative) stating to stop my loan application, i have written him a mailer and have been subsequently following up with reminders over...
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S
Shounak0212
from Chinna Salem, Tamil Nadu
Oct 26, 2018
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paysense abuse and illegal calls

Address: Mumbai City, Maharashtra, 700064
Website: Www.gopaysense.com

Despite keeping in continuous touch with your agents and informing them that there will be a bit of delay in paying my this months emi, continuous calls are made to my family members for payment. The way your agent speaks can be only compared to people belonging from areas where we never visit.

Despite repeatedly telling them about the situation your agent ms minakshi has been continuously calling my elderly relatives and...
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sarada.j
from Hyderabad, Telangana
May 2, 2017
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My Gold auctioned without any intimation

We took loan on december-2016. Today i called the branch number. They said that my gold is auctioned. How could it possible to auction my gold with in 5 months without any intimtation to us.

Unfortunately, we did not take the receipt of my gold loan. The printed forms were not available on that day. They made an entry in their database. I went to other country for my job purpose as i could not able to reach them.
br...
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anildalai
Jun 13, 2016
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Gold auctioned without proper communication and tenure date not completed

Address: 500072

Dear sir / madam,

My name is anilkumar dalai from hyderabad, telangana state. I have taken gold loan from iifl, kphb branch, hyderabad dated 23/06/2015 loan amount of 1.36, 000/-. Loan account number is gl5406051
When i was taking the loan respective branch manager was saying that i can pay the loan interest monthly / quarterly / half-yearly / annually which is flexible to me and same is mentioned in my sanction letter....
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shivamthakkar06
Jan 13, 2016
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Cheating and fraud

Address: 700001
Website: associates.indiainfoline.com

Dear Sir, I would like to bring to your notice a case regarding cheating the consumers by India Infoline having their registered office at theatre road AC market 7th floor. The name of the employee is Tanusree Her Phone number is : - [protected] The case is : - I have applied for home loan on internet on various websites. Some how she has managed my number from internet.Since then she is continuously calling me that she will be...
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T.VENKATESH WAR REDDY
from Mumbai, Maharashtra
Jul 20, 2015
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Gold loan auction without notice and paper add

Address: Hyderabad, Andhra Pradesh

Hello sir
I am customer of gold loan in IIFL at Vansthalipuram Branch, Hyderabad, Telangana

Gold Ac no are

GL3851348, GL3833008, GL3833016, GL3833020, GL3832888, GL3833017,
GL3833007, GL3833154, GL3833009, GL3832555, GL3825747, GL3849495

As branch manager called me on 14/07/2015 that my gold would be auctioned on 22/07/2015.so i asked branch to give some time to pay the interest...
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G
Gagan Varshney
Jul 9, 2015
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Unauthorized AMC Charges

Address: Aligarh, Uttar Pradesh

I had demat account with you with client id GAGAN192.On the time of opening of account i opt for the Rs. 555 AMC for lifetime free. i was not active in market since last 15 months but last week i had figured out that the Rs. 45 is being debited from my account every months since July on the name of AMC charges. this is totally fraud as You not stuck on your own points....
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