[Resolved] IndiaBulls — fraud and cheating company - increased rate of interest from 10.35% to 13.50%

[Resolved] IndiaBulls — fraud and cheating company - increased rate of interest from 10.35% to 13.50%

K kanpak from Rajkot, Gujarat

My loan account number : Hlapraj0033xxxx I started my commercial property loan in indiabulls before 15 months with the 10.35% rate of interest. Than they started to increasing roi every 2 to 3 months and now my roi is 13.50%. When i visited the branch many times and i call to customer care many times but they didn't give a proper reply and solution. Now i am going to transfer my loan to other bank and i applied for a for closure letter and you can't imagine that their for closure charges is 5%. Means if i want to transfer a loan to other bank than i have to pay 5% of the total loan amount. Indiabulls is the fraud and cheater company. Never take any type of loan from indiabulls. Was this information helpful? No (0) Yes (0)
Aug 6, 2021 Complaint marked as Resolved IndiaBulls customer support has been notified about the posted complaint.
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IndiaBulls Customer Care

from Gurgaon, Haryana

Verified Support

Dear Customer (kanpak),

We would like to connect with you in this regard. Request you to share your contact number or loan account number so that we can address the concerns raised by you.

kanpak

from Rajkot, Gujarat

Contact No.

[protected]

IndiaBulls Customer Care

from Gurgaon, Haryana

Verified Support

Dear Customer (kanpak),

Thanks for sharing the requisite details with us. Please be assured that we are working on your concern and we'll get back to you soon with an update.

IndiaBulls Customer Care

from Gurgaon, Haryana

Verified Support

Dear Customer (kanpak),

We understand that our team is in touch with you and assisting you in this regard. Please let us know if we can help you with anything else.

kanpak's [Complaint's author] reply, Dec 3, 2018

Your team is just touch with me but not solving my problem. They clearly told me that they not want to change any forclosure charge or rate of interest.

kanpak

from Rajkot, Gujarat

My complain still pending. Still my rate of interest is not reduce. Reduce my rate of interest otherwise i will take legal action against indiabulls.

IndiaBulls Customer Care's response, Jan 23, 2019

Verified Support

Dear Customer (kanpak),

Thanks for writing to us. We have forwarded your concern to our team and will get back to you with an update soon.

IndiaBulls Customer Care

from Gurgaon, Haryana

Verified Support

Dear Customer (kanpak),

We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.

kanpak's [Complaint's author] reply, Feb 4, 2019

Your team is just get in touch with me nothing more than that. Since last 2 months they only get in touch with me but not doing anything else. Still my problem not solve. They giving same reply as before. If you have a no solution than why you get in touch with me ? Now i clearly understood that INDIABULLS IS BIGGEST SCAM.

INDIABULLS is the fraud and cheater company. I think it's not a company but it'a BIGGEST SCAM. Government have to take action against IndiaBulls. Never take any type of loan from indiabulls and also prevent the peoples who are taking loans from Indiabulls and share your bad experience of Indiabulls with them. So they can take loans from other banks.