IndiaBulls Complaints & Reviews

Hello.
My personal loan no pl02219039 for 50k..
I have applied 2 month before.. I have submitted my document on 1 of march... Agent came for the collecting document he said ur loan will pass on n today itself...
Bt now it 8 of march...
I m calling to helpline no. On daily basic...
They giving me same answer it will done in 24 hours...
Now it 2 months +192hours over..
But i don't get any positive response from..
They make fool of customers... I have applied for loan because i need it on urgently... App say loan in 3min... R u kidding with the customers...
I left the hope also...

I have taken loan from india bull company ltd. Amounting rs.10 lacs for purchase of house. My loan account no. Is hhlrhn00157245. At the time of taking loan the interest rate was 10.15%. Thereafter rbi has increased the interest rate immediately india bull has increased the rate as per rbi guidelines later on india bull also reduced the 10.15 % in the year 2013. Thereafter all banking have reduced the interest but india bull did not done....

This is very big cheating company this company person told me you want personal loan you can pay the agreement charge 3, 200 and 2 months advance emi 11, 000 and 11, 000 bajaj allianze insurance and comition 10, 000 you pay this account number... Account number is-[protected] name is dharmrajprajapathi the bank name is bank of baroda this person is head of the cheating group... So please investigate this cheating case and the company email is. [protected]@gmail.com

As per the guidance of the virar branch staff (Mr kunal) we applied for pmay in oct’17. The staff confirmed all the eligibility criteria’s & provided us the format which was supposed to be typed on rs 300 stamp paper & get it notarize.
We were been told that the entire process take 3-4 months. Accordingly we contacted the customer care & got to know that its’s been rejected due to ‘balance transfer’. We were horrified to hear this as we haven’t done so. Later when we again contacted the customer care team & second time we got to know that ‘there are some documents were pending from our end’. We then contacted the virar branch; mr kunal said that ‘we are not eligible for pmay as we took the home loan in oct’15’.
Shocked with three different replies….
Whom shall we believe??? The person who confirmed our eligibility, himself says that we are not eligible.
In case of any rejection, isn’t it their duty to send us communication stating the exact reason??? It’s been 5 months now, till date we haven’t received any communication regarding the rejection of pmay.
We had requested them to send the rejection mail sent from the government officials (Pmay). But the staffs are pretty busy; who are least bothered about the tat to revert back. They either try to ignore the email sent by us or least bothered to reply.
It’s been more than a month & we haven’t received any satisfactory response from their end. We also mentioned that in case we don’t receive response from their end we won’t maintain sufficient balance due to which the emi due for feb’18 won’t be paid. The staff took it very lightly & after 2 weeks people started looking into the matter.
Firstly, the staff is still not accepting that wrong information was provided to us. Secondly, instead of informing us the reason for rejection we have been following up for the same. Thirdly, instead of forwarding us the government response (Rejection of pmay), they are drafting the email of their own sending it across.
We agreed to pay the emi due for feb’18 only on condition, if we get the reimbursement of rs 650/- (Stamp paper-rs 300, notary-rs 200 & typing the content-rs 150) plus the bounce charges levied by hdfc bank. However after end of feb’18 we were promised for the waiver of rs 650/- & not the bank charges.
On 26th feb’18, we paid the emi (Via fund transfer), however yet we haven’t received any communication, when we would be refunded the amount. Similarly, we requested for the email evidence from government (Pmay) stating the reason for rejection. We feel that our documents have not been forwarded to the pmay team, because of which they haven’t communicated us on the same.
This is not the first time that we have been annoyed with their services. Previously also there have been many instances like:
1. At the time of loan processing, their sales guy took extra cash from us. On asking for receipts for the given cash, he returned back the excess amount.
2. Our loan was supposed to start from jan’16; however till jan’16 they kept deducting pre emi. After highlighting the same, rectification was done.
3. Even though we have opted for floating interest rate, we had to change the roi manually plus pay additional rs 5500/- (Approx.) for the switch request.

No one picks the call when we try contacting their virar branch no.[protected]. The phone keeps ringing but no one picks the call. Till date we tried calling 13-15 times at different time interval. Seems we have been calling some government office, where the calls are never answered.

Very disappointed with ur service to hence complaining you for the same .i had given written application for granting forclosure letter and LOD documents in your New mumbai Vashi branch after some days i got knew tht my request not taken by yours officers, later i reapply for the same on 5/02/2018, my executive visit your branch once within 2 days they tell they have yet not got approval .Your bank not giving permission to close the loan . very disappointed with ur staff credit manager asif and Anita pakhare from operations department not attending my phone calls also...

Mayur datta sutrave

Home Loan account no HHLVSH00304303

I have applied for a personal loan in the month of january. But after a long time it is still pending.
No body is helping me from indiabulls. They only say that it will done tomorrow, it will done tomorrow only..
This is the worst experience with indiabulls.
If it has not done earlier i will complaint highly as in umbudsment.
Regards
Vivek kumar

It has been days from now and that last step of signing amount is pending and everyday they are giving me commitment by sayin manager has arranged a executive n its rescheduled so wait 24hrs more. Worst service i have ever recd. My cheque with them now n it’s been more than 15days i’m waiting and now they are giving new commitments everyday and not even ready to give my cheque back wen i said i don’t wan to deal with such careless bank. I talked to summit who is supervisor. I talked to some stupid lady name razia or rakhia. I talked to prakash who is supervisor and at the end manager of company mr. Abhijeet. Still no resolution. If a manager puts in his efforts than he can sort it out in minutes about such a small concern. India bulls took bloody 15days still no result n now they are not ready to give my cheque back.

Is this a company or a scammer

Im g venkata ramana ph: [protected]
Reg. Mail [protected]@gmail.com. I submitted all the documents 5th feb for the process of loan. But till i'm not get any response from indiabulls. Im calling to ur customer service no. Many times they told me 24 hrs time to take for the process. I had a bad experience from indiabulls.
Please rectify as soon as possible.
I'm not eligible to take a loan from indiabulls return all my documents and blank cheque also.

Sir,
Every day i make phone call to customer care for document pickup of personal loan. But all commitment made by executive are fake no phone call no executive are there for documents collection on given time. Please sir look into the matter and try to solve the problem. Because india bulls is brand and financial institutions which has large number of customers and these type of behaviour and wrong commitment can convey wrong message to new customer
My loan details are given below:-
Your indiabulls dhani personal loan (Application no. Pl[protected]

I have submitted my loan application on 1st jan and this company has not processed my loan till now. They are cheating the customer by telling "phone se loan" in 3 minutes. Its 46 days and no response from their side. Person from the bank came and collected cheque from me stating that the loan has been approved. Now when i am calling customer care there is no response from them. When i am asking them to return my cheque they are diverting the issue. I also spoke to their account manager mr. Venugopal who have his personal number to me but when i am calling him, he is not responding to calls and not responding to messages. I dont want any loan from them but i want my cheque to be returned back at any cost. I am afraid this fraud company will misuse my cheque. Please take strict action on this company as its big 420 company. They are taking all personal details from customer in pretext of giving loan including netbanking password. Please ban this company permanently.

Dear service provider. My loan no-pl00254865. Why the loan has not yet passed. Are you fooling the customer for 2 months? Why are not you guys working on it? The officers of your call center lie every day that tomorrow you will be cleared 24 hours a day, wait 24 hours and will never come 24 hours. You may be harassing the customer, so do not let the customer refuse to keep the trouble in the dark. I would like to get the results soon as soon as the loan can be found or not. Why did i get so late in my loan? I want the answer from your team. Whoever pays the trouble i am facing due to being late.

Hi,

I would like to raise a complaint Against your recovery agent by the name of Ismail Padeknoor.
Contact No.[protected]

I shall narrate the entire incident;

I received a call from the above agent,

"recovery agent calling from India bulls"
I was like tell me.
Agent- The bank was unable to do an auto debt, do a transfer from your account and send me a snap shot. ( Spoken in hindi by the agent)

when I asked him to correct his tone he said i speak in the same fashion. I then said your bank was unable to make a auto debt it's not fault so if you are calling, it's better you speak properly. he went on saying boss what wrong have i said. I then asked his name, he has the arrogance of saying why, I just told you and then say it's ismail do what you want to do.

Now let me just raise a few objections:

1. The loan was not defaulted from my bank account.
2. You have no rights to ask a recovery agent to call and speak in this fashion. ( I hold a recording of the coversation)
3. I am not liable to send a snapshot of my mobile screen to any person unknown. Especially my back details.
4. I can go ahead and file a legal case for
intimidation.

I would like someone to look into this issue and get back to me on the issue.

It is of huge concern to me that i had not received any official communication from indiabulls enigma regarding the confirmed date of handling over the possession for the above mentioned unit.

I have signed the buyer agreement with athena infrastructure limited (Indiabulls enigma) on 17.03.2012. It was commitment by the company that possession will be handed over on 17.03.2015. Thereafter, it was told that by the end of 2015, the possession will be given. And moreover we are not getting any reliable response from the customer service. On 18th july 2017 by telephonic conversation they told us that construction is in full pace, the possession of said tower is tentatively scheduled by last quarter of financial year 2017. But i am not satisfied with this response and as a builder of the project; you would have known the status for the last so many months. Please let me know the date of possession of my unit. Till now, it cost me huge as i have lost my all savings by paying the interest from my overdraft account which i availed for working capital and now from that my business suffers a lot and i do not have the resources to finance delays on account of your inefficiencies. There is no clear view update from last 2 years and still it is same. They delayed this concern from 2 years. My concern is when they are gonna giving possession or are they planning to leave us the buyer in horizon.
I have written to you so many times and seeked possession of the flat which i was promised to. Thus, once again i am requesting to you to give possession of my flat which belong to me.
Kindly give me the possession of my unit or refund my all payment with interest @ 24% per annum as soon as possible.
This is to informed you that i have already filed request for give possession vide my letter date[protected],[protected] and[protected] and through email also but no action is being taken against my request.

(Anuj bansal)
Mob - [protected]

Dear team,
We are having home loan with indiabulls. Almost a year back we had placed request for change in interest rate that got accepted. But still they are not implementing and giving us different different reasons about pending formalities. It's almost a year and now high time to tolerate such a bad service. Requesting your help here.
My home loan number is hhlbor00175460. Kindly let me know exactly what information do you need from me.

Thanks for your time and i look forward to your response.

Regards
Reshma birwatkar

मेरा hdfc में 6 लाख का होम लोन चल रहा था 3 साल से 8.5% की दर से।
मुझे 6 लाख का और topup चाहिए था तो मैंने ऑनलाइन सर्च किया। इंडिबुल्स जयपुर वालो ने मुझे कांटेक्ट किया और मुझे 8.4% की दर से लोन ऑफर किया और 6 लाख का topup के लिए भी एग्री हो गए। मैंने नवम्बर 2017 में अप्लाई किया और दिसम्बर 2017 में मुझे लोन approve कर दिया ।

मेरा होम लोन की दर बड़ा के 8.4% कर दी और 10.5% की दर से home equity एप्रूव्ड कर दिया।

जैसा की मैंने बैंक को पहले ही बता दिया था कि मेरे घर के 2 प्रॉपर्टी पेपर हे जिसमे से एक jda एप्रूव्ड हे और एक सोसाइटी पट्टा हे। इसपे वो मुझे लोन देने को पूरी तरह तैयार हो गए।

अब जब मेरा लोन सेंक्शन हो गया तो इंडियाबुल्स ने hdfc से मेरे ओरिजिनल पेपर ले लिए और मुझे बोला गया था कि आपका home equity का चेक बना हुआ हे जो बैंक से ओरिजिनल पेपर आते ही मुझे दे देंगे।

अब जब उनके पास मेरे ओरिजिनल पेपर भी आ गए तो उन्होंने मुझे होम equity का चेक़ु देने से ये कहकर मन कर दिया की उनको एक और प्रॉपर्टी के jda एप्रूव्ड पट्टा चाहिए।
इस प्रोसेस में मेरे 31000 खर्च हो गए और मेरा लोन भी नही दिया।

मेरा रेट भी महंगा कर दिया। बैंक का कोई भी व्यक्ति कॉर्डिनेट नही करता।

मेरे होम लोन indiabulls loan account no. Hhljpu00394326

मोबाइल न [protected]

Sir,
I have taken an home loan balance transfer facility from india bulls pvt bank for flat purchasing . Rate of interest applied on my home loan is 8.8% floating but at present the same branch is providing home loan at 8.35% . You are requested to look into the matter seriously please. and inform me

Kailash Chand Bajya
Contact No [protected]
Loan Ac No HHLJAI00379963

Address:- RTI, Indian Audit & Accounts Department, Rajasthan
Govt. of India

The company offers to give a loan with the aadhar number to bank account in just 3 min but in my case the application is pending for 1 day and their is no response from their representative yet and i have submit applications for call back and the company had not response yet or not send any notification for the loan i have suffer from loss for this

The company seems to be running a scam of issuing sanction letter and charging processing fees and then denying disbursements.
It took them long enough to approve and issue a sanction letter and my property was a resale which already have a hdfc loan running and i had submitted my property papers before the sanction. After paying the processing fees and waiting after giving the token indiabulls denied funding coz of technical issues and no valid reason given. When called customer service they can see it's in process and the agent says its denied how and why when there's an existing hdfc loan on the property how can u face technical issues all documents were submitted as asked these guys are fraud

Dear Sir/Madam,

Personal Loan (Application No. PL[protected] for the amount of Rs.191000.00

I have submitted the required documents for personal loan on 17th Jan'2018 (All the documents were hand picked from door step by Mr. Shankar, [protected] Bengaluru - I'm not aware whether he is from India bulls or IVL Finance Ltd).

Since then till now there is no sought of communication or message on the status in-spite of me calling back to back OR receiving calls from customer service number & calling to Mr. Shankar who picked my documents also after multiple attempts to him no response later tried calling from the other number he picked the call on 29th Jan '18 but your representative Mr. Shankar who picked my documents was also very very rude over the call while trying to check my loan status.

Unfortunately customer care representative is also suggesting to re-share the documents again.

Requesting the concern to please take this as a special case & help me in understanding my loan status.

Expecting immediate action on the same.

Hi. This is sumant my registered number is [protected] and. Email. Id deshpande. Sumant. [protected]@gmail.com.

Pl id[protected]. It's been alost a. Month still. My loan. Amount of 80k is not. Credited in. Mhanje. Account everyday i am. Calling ur call center 5times alwayz dey say wait for.24 hours. I. Had a word with with docementation. Department. Accoriding to. Them. All documents verified okay fore disbursement. Den. What the hell disbursement team. Is. Doing from last 20 days... No. Issue of drafting an. Email. To. Ur. Mail. Id. And. Calling customer care... Whats the use of loan den. When i. M. Not getting the samend on. My needed time...
Further i'm will contact sebi against the indiabulls.. Need disbursement by tomorrow.. Because it's more than.20 days now.
I. Can't wait..
I need solution.

Please find. Attached snapshots shown. By your app