IndiaBulls Complaints & Reviews

I had invested in Singnature Global's Roselia project and availed a loan of 22L from Indiabulls. After making two disbursement till Jun 2018, now they have stopped disbursement.
Indiabulls are not disbursing the loan since past 6 months, my builder has placed payment requests which were duly approved by me. On the other side, their EMI and Rates are following a north direction.
Now I am constantly getting mails from the builder...

Sir,
i have applied for loan on dec.24 and on dec.27 one of your agent mouseen from kalaburagi came to our flat and collected our documents like aadhar card, pan card, bank statement and check. And he told us that within 2 days our account will be credited but still the process is incomplete. I've already enquired about this to call center severe times. All of them said that my account will be credited within 48 hours but there...

I have closed my india bulls home loan a/c no. 432906. I have submitted a cheque on 22nd dec 2018. Till now i haven't received my property papers. When i called the customer care they say it will take 20 working days to hand over the property papers.

I would also like to state that for construction i had requested for a loan and i had submitted my papers two months before itself. After 2 months i got information that indiabulls...

Home loan account no is hhlvar00447344. My roi is not showing into my login account for the last one month and also roi is very high it was 10.95. Where roi of all the bank is around 9.0.
And also very pathetic situation in disbursement. After many reminders they disbursed the amount get delay to handover the cheque. The response of the customer care is on mail is very slow....

Hi,

I have been paying my ems every month but out of the blue i noticed on the app that i have to pay 4k. However, even after making the payment it still reflects as unpaid.

My emi is 1549 per month. So i wanted to know if the excess amount will be adjusted in my next month's emi.

I have also tried reaching your customer care multiple times with no luck...

Dear Indiabulls,

I have made a prepayment of RS.710000 on 17th December and till date it is not accounted in my account, I have tried several times on customer care but response from them is pathetic and they don't bother to respond to my email.I have also tried to make call and send snapshot of the payment also which I have made in Indiabulls Axis Bank account Gurgaon branch in account number [protected].Please someone...

Dear All,

vinay.vashishtha of indiabulls has wasted my 3 months which includes EMI of 3 months which is 74000 x 3 months which is 222000/- and EMI of Another Bank from whome i took loan to close my indiabulls loan that is 54670 x 3 = 164010, total amount of 386010/- . I must say SHAME on such person who dont have a curtsy to reply to emails or even meet his client in his office near Vashi Station. he just kept me waiting for...

Date of incident: 02.01.2019 (On the same due date also)
Toll-free:[protected], i was taken loan about rs. 5000 through indiabulls dhani mobile application.
I paid 2 emis correctly, both times bounced and waived,
Now, i already paid my third emi this month. The same thing repeated. I tried to pay emi on 02.01.2019 due date. But the app shows system maintenance in progress like that. But mentioned wrong details like...

I have taken home loan from your office, as this is a plot plus construction loan as per terms and conditions i was given time of two years to complete house construction in the above property.

My loan was disbursed in march 2018, i have a time until march 2020 to complete house construction. At present house is in process of construction will be completed in due time.

I was told during the loan process that...

Had taken loan from india bulls before 4..5 month and they release my first slab amount now from october they stopped disbursement and now builder is pressuring me for bt and there sales coordinator that is assigned by india bulls there manager and sales person is saying you can do one thing change your bank bt whenever i call him laughing on me and saying do bt asap
Who will pay my processing fees that executives are damn # its totally...

I have taken a loan from india bulls they provided me the loan things went well, i have a proactive approach of paying back on time, in december 2018 they didnt deduct the emi from my bank i followed up with them and they said to make payment through the app manually, i did the same after 2 hours the emi got deducted so i informed the team they asked me to send an email, i did what was asked till today i havent heard back from them, january...

Utr / reference number[protected]

Loan account number - iperknc01012459

Registered mail id - hari23. [protected]@gmail.com

Registiered mobe number - [protected]

Payment done on december 12, 2018 and mail sent on same date after regular follow ups also i didnt receive noc till date and very worst response receiving from indiabulls customer care. Kindly do needful and send me my noc...

India bulls (Ivl finance) is the very worst company i have ever seen or experienced. I'm an existing customer of india bulls n i'm facing issues from day 1 till now.

While applying for loan, i clearly told them that i want loan agreement for 3 years n without my knowledge they approved it for 4 years.

When coming to customer service, it is the hopeless service. I have completed 8 emi with india bulls, i had called...

Sir, my self Varun kumar resident of malout dist. Shri muktsar Sahab Punjab having a LAP HLAPBAT00264806 at Indiabulls bathinda branch. I have very bad experience with India bulls. every time whenever I visted bathinda branch office I was facing same bad or irresponsible behaviour by staff member. Now I share my latest experience with you and hoping you go through my complaint strictly and will urgent and strict action against indiabulls...

Dear India Bulls

ROI are being increased every month, 7 months back i have take a loan of [protected]@8.4 but this time i can see it is 9.85 which i can't pay.

Your executive told me 8.4% but you are charging very high, i am very annoyed
I can see, initially you at lower rate and after 2 or 3 months you start increasing.

If you can't maintain the ROI (Rate of Interest) as you show on your site.br...

Hi
This is Suresh and i took the loan from Richmond circle, Bangalore.

IndiaBulls is worst company, No proper stringent process to address consumer issues and Interest Calculation also wrong.

1. Interest Calculation wrong (Attached screenshot)
2. Every 3 months increase the ROI
3. I am paying emi 2015 onwards and my loan principal is not decreased.
4. I sent a mail to cancel my Home...

India bulls is cheating people by increasing home loan interest rate much higher than personal loan.
I took home loan from india bulls in 2017. My loan amount was 23 lakh. After just one year they increased interest rate from 8.75 to 11.75 which is much much higher than personal loan interest rate.
Now now one in india bulls listen to me and emi is getting cut from my bank account based on 11.75 interest rate.
They are...

Emi was 2922 and plus bounce charges was 472. I have paid 4381 and excess is not refunded from 9th dec'18. On daily basis they are just giving tat of 24-48 hours but still no update.
Everyday i'm calling customer care they are saying we have highlighted to backend team but no revert from them so again they are taking new complaint but still waiting for reply. Really frustrated with this....

I have taken personal loan of rs 11000 with reference to loan account no. Iperdel01366485.

I had deposited the entire loan amount of rs 11000 in axis bank on 31st oct'18 at 02:22 pm but still my emi are being deducted on 5th of every month.

Utr no[protected]

Details mentioned for your reference :

+

Ifs code - utib0001359

Bank name - axis bankbr...

I applied for home loan in july'2018 & got confirmation from india bulls that my loan was sanctioned. But at end moment, they declined it & then asked me to get refund of my loan processing fees. After months of follow-up, his executive give me details to get refund. Even after that, there is no response from india bulls regarding that refund & they don't even respond to emails.
Very bad experience with india bulls....