IndiaBulls Complaints & Reviews

Respected Sir,
This to inform you that I have opened an account with Indiabulls Securities 2-3 months ago, from then till now I have not received my online password to operate my account. At the time of opening the account the agent Bimlesh Singh of Salt Lake branch assured me of good service from him and the company, but after opening the account I am only getting verbal assurance of service but no service. I...

Dear Sir,

Loan Application NO. 185660 ( India Bulls)

i have applied for Home loan of 25Lakhs, for that i have submitted 50% of documents, but India bulls depossited my cheque of Rs.2750/- with out any information. now they are telling its not able to reumburse beciase of loan has been sanctioned. Also i have not received any loan sanction letter.

please help me to get back my money. as i am not...

i had applied for home loan on indiabulls housing finance limited, vaishali branch, ghaziabad, 0n 17 march. because i read there ad in newspaper that they will clear loan in 48 hours. submit all the papers, which ther required. but after 20 days when i did not get any feedback, phone to concerning branch. then they informed loan is sanctioned. when i want to know what is the exact reason, they could not give it.
i have three questions...

Dear Sir,

This complaint is against INDIABULLS SECURITIES LTD headoffice at GURGAON.

I swati airsang was working in INDIABULLS SECURITIES LTD at HUBLI branch in Karnataka as backoffice executive with emp code 168794. Suddenly INDIABULLS SECURITIES LTD closed its branch at HUBLI and merged the HUBLI branch with Jayanagar Bangalore.

So I resigned from my JOB on 2nd feb 2011.

after...

At the outset please acknowledge my heartfelt gratitude for organizing a very important forum such as this to assist commoners like me.

I have read complaints lodged by Ms. SANDHYA VALIGONDA vide her email on Jun 21, 2009 bearing remarkable simili with my case.

I was first tapped by Swagata Roy, a Sr. RM of IBulls (Prafulla Kanan branch, Kolkata). Then his assistant, an RM, Atanu Seth contacted me and I had...

this post is related to my experience with the Relationship Manager (Sangram Behera, [protected]@yahoo.com), Branch Manager (Mukesh Kumar), and Regional Manager (Dipak Singh, [protected]@yahoo.com) at Indiabulls Securities Ltd., Satara Road Branch, Pune.

this trio has been the worst financial advisors i've ever met.

i understand that ultimately the decision to follow advice given by my advisor lies in my...

Sir ,
I have an excess amount of Rs 1600 with Indiabulls securities Ltd ,offline account BA 1968 ,As it a long time i want to withdraw the excess amount and close the account,I have changed the bank account.
Since 3 months there is no any proper response from these people.Please look int the matter at the earliest as i have lost lot of precious time

Regards ,
Pradeep...

Hi, I took a home loan of Rs 12 Lacs from Indiabulls in Dec 2007, when I took it, it was given to me at 9% , and then every 6 months or so they increased the rate and now I got a revised rate of 19.5% , I want to know if I am regularly paying to NBFC then why they are increasing ROI and what is the upper limit set by RBI to charge a home loan customer ... is this arbitrary in the eyes of regulators that a new customer gets a home loan at...

I Mrs.Vijay Chandna lodge a serious complaint against Indiabulls securities Ltd.,
Pune Unit, as they squared off my entire positions of share stocks purchased by
them in my account on[protected] for December F&O,but, squared off my all
positions on[protected] without any reason as I have paid their due margin by cheque as per their routine standard procedure, due to which they had put me to
heavy loss of Rs.90000/-...

To,
The Commissioner of Police
Bangalore

Dear Sir,

Subject: Complaint against recovery agents/Collection agents of M/S India Bulls for harassment, Threatening and intimidation

Further the above mentioned subject kindly note that I am the director of M/S Value Information Technology Solutions Pvt Ltd dealing in computers and peripherals operating the business for 10 years. In the...

Hi,

I have transferred 40000rs from my Citibank account no [protected]
to India bulls securities Citibank account *****32229 on 03/11/2010.
The reference number is[protected].
Please add this money to my trading account with india bulls.
My client id is DH28868.

when i contact to customer care they suggest me to raise a helpdeskticket. i raise that and attached all the document...

Respected Sir,

I, Praveena Pokharna have an demat and trading account with Indiabulls securities ltd. in Udaipur (Raj.) branch and my client ID IS 444522. My online withdrawl facility has been blocked by the company and when i asked the respective branch to give me the complete payout they replied me that it will be done but no payout has been given yet. It is almost 1 year gone i am asking for payout. Regarding this i have...

I, Nitin Jalu from kolkata had a demat a/c wit indiabulls securities howrah branch - code : hw463, around 3 yer ago. I used to trade there, but after incurring huge losses i stopped trading. Now a few days ago, one of the staff member, Jai Singh from stephen house branch started calling me up daily, requesting for starting up the trading business again. He finally convinced me and i started doing share trading as per his guidance.
...

This is Mithilesh Bandiwdekar, a Software Consultant in Mumbai, who was happy doing software business and having no knowledge of Intraday Trading. And then one day a person named Avinash Salunkhe , a so-called stock market intra-day expert from IndiaBulls Securities came to my office, and asked me to deposit Rs. 25900/- for intra-day trading with Indiabulls. With a view to learn something about Stock Trading, i decided to open an account....

Dear Sir,

We had applied for Home Loan in Indiabulls in the name of our Company M/s. Khemka Realty Pvt Ltd. and completed all the required formalities for the same. We have even submitted the original registered agreement with them. It is almost One month that they are saying that we will receive the disbursement cheque for the same. We have even paid them Franking Fees in cash but they are avoiding us every day for the disbursement....

Hi All,

I have been cheated by Indiabulls.

Till date havent got an ans for my query. Customer service is full of crap. I have exchanged email and messages with CS and IB managers but, unfortunately no one is interested in taking the responsility. From the time i started Home Loan procedure ihave been just getting to hear lies from IB team. I think one reputed company should mantain their standards which, they've...

Hi,

I have applied for Indiabulls home loan about 1-1/12 months ago. Their executive came to my home and collected all requied documents. After about 1 month later, they replied me that for some reasons my loan cannot be sanctioned. Now when I demanded them to return all my documents, they are not responding well. I have several times but there is not response. I am afraid of misusing of my documents. Please help me in...

While everyone is aware of fraudulent nature of IndiaBulls finance, Indiabulls real estate is not far behind. Investors, please beware of Indiabulls green project. The project does not have approval from leading banks nor do they have any agreement with the investor. The investors have been kept waiting for more than a year and still there is no sign of agreement. IB has already started demanding 20% payment with no provision of applying...

Dear Mr Banga CEO of indiabulls Housing Finance Ltd

After sending the an number of reminders i have not received any kind of satisfactory if you don't want settle and please tell me freely in writing so i can take the necessary and appropriate steps for the same.

Regards,
Ruchin Brahmbhatt...

These company gives no National Holidays, Forces the employees to work on Sundays and late till nights (even beyond 12:00 am and sometimes working till 3-4 am). The company has no regards for its employees and do whats suits them best. The company gives holidays as per its convenience. Employees have worked on 26th January, 15th August, 2nd October. The sensitive areas for example is on 2nd October 2010 all theses companies branches are operational....