IndiaBulls Complaints & Reviews

I've loan with indiabulls and they are harrasing me every single day, i can't believe how they giving loan facility when they don't have money, i purchased home under pma yojna where i can get 90% loan and as per agreement this is time link plan not construction link plan but now they are not fulfilling my demand and i'm completely fed, it was my first home but just because of this company i'm going to loose it

Ajay kumar
[protected]
Loan number hhlgrg00457404

I have applied for a personal loan via indiabulls dhani app yesterday. Every document has been submitted accordingly but hasn't received any confirmation. Even i'm not been able to contact their customer support (Which is providing the worst support i have ever experience). Now the problem is they have asked me to give auto-debit permission from my bank account which i gave. Now i want them to stop the processing of loan disbursement asap. I don't want any loan form a company which does not have a good customer service.

I have taken the home loan on April 2018 @ 8.40 and without intimation increasing the rate of interest after every 2 month. I have taken the loan for 120 month but after 16 installments balance install show as on date is 117.
From Jan 2019 rate of interest charge is 9.65%. RBI has reduced the REPO rate 4 times in last financial year. But there is no cut off in interest rate from India bulls. Why there is different rate of interest to the new customer and existing customer. And once the loan is disbursal they can increase of their own without any intimation to the customer. My request to the forum to look into matter and do the justice to me and many other like me who is suffering due to injustice

Dear sir,
I had paid my last installment to india bulls in 2010. The loan installments have all been paid. However i realised recently that the loan is still showing active on my credit report, i have done everything possible to get a noc. But have not been successful at all, this is impacting me big time as am unable to get a homeloan. I need this resolved asap. Please help. My loan account number was s[protected]. My contact number is [protected], email is [protected]@gmail.com

Regards
Sujit

I request you to please take necessary actions on this fraudulent financial provider bcoz this as been taken alot of chargers i have proper proofs with documented as well as voice when i have call to this cc. So, please grant the notice to this fraudulent dhani and requested u to help me and provide the resolution as soon as possible.

Si please refer the screen shots where in this fraudulent dhani this ecs is not working on time that too in the working days. So waited till the end of the day and i paid it on the next day it is not taking that amount as well as it has been put the chargers on every month of the emi date this is only for the 3000 rs loan account i have taken 3 loans totally bearing 25k and 23k in that i have paid unnecessary where i don't know the process to escalate this to you. So, please at this time i have that proofs too please let me know how! O escalate this to know my rights.

Sir /mam
We took a home loan... From 17 months we have been paying them installments but we have noticed they have increased there rate of interest without informing us... Our contract was done on rate of interest of 9.5 % where they have started charging us over 11.65%. When we asked for foreclosure details we got to know not only they have increased our installment prices n rate of interest but they have also increased no of months from 240 installments to 357. Which shows clear intention of cheating and earning money by doing frogery. Help us...

Regards

Vipin kakkar

I applied for a top of rs. 12, 000. Which indiabulls weren't able to process.

So i asked to them to cancel it. I send emails, contacted the customer care for the same.

Inspire of constantly telling them, i never received the amount, yet they have cut my monthly emi.

I spent a whole day trying to connect their customer service team for my refunds, but nobody has managed to even answer.

This is complete cheating

7th fab i paid manually payment 1550 rs which is showed in the app, but those people again 2313 rupees debited from my account, i call them to discuss this problem, they are giving time to refund for 1550 rs but still 8months is completed my amount does not come back, they are always told to me we will refund in two days, but they are not refunded that amount, please solving my issue, iassue number referance number is 0448380

Dear team,

I had taken loan from india bulls in march 2018.

Loan against property,

On that time they said the ineterest rate is 11% reducing.

But they disburse my loan on 13%

And from march 18 to now the rate is now 15.90% reducing.

Then i told to the executive what sholud i do.

They told me to deposit 25% of principle amount.

In which i dont have to pay the closure. I was agree in that and i paid 25% of principle amount.

My loan was of 35.67 lakhs and i paid 8.75 in march 2019.

Now outstanding loan amount is 26 lakhs. I told them to give me forclosure then they said i have to pay the closure amount on all amount... 26 lakhs and 8.75 lakhs. They are adding closure on both the amount.

Why should i give closure on that amount which i had already paid in march 2019.

I am agree to pay the closure on 26 lakhs which is genuine...

Now please help me to solve this issue.

This is cheating with consumers.

Please support...

Thank you

Ankush manghnani
Jmd finance
Bijainagar
Mobile - [protected]
[protected]

I habe taken housing loan from india bulls, they charging very high interest. Due to that reason i want to transfer my loan to other bank. But india bulls has charged us 2% of interest on outstanding amount. I have visited their office but no proper response from their official. As per rbi huifeline no bank can charge for early payment. Please guide me how to get wave off that interest amount.

Sir i have give home loan in india bulls office in gujarat jamnagar. My loan application no. 926548. His officer name jignesh solanki work in jamnagar indiabulls office. My loan application no. 926548. When he comes to confirm loan he said to i have completed responseblity to your subsidy confirm. He also said to me i have garnteed your subsidy is my responsibility. But now he said i have not said this kind of anything... Jignesh solanki said to me your all documents are perfect now he said you are not eligible to sabsidy.. Also my loan approved rs.15 lakh. But he give me rs.20 lakh loan with pressor. Plsss sir help me plssss indiabulls jamnagar gujarat office and his name is jignesh solanki... My name is yogesh ashiyani. My contact no.[protected]

Please help me sir muje 3 month se dublicate i'd dekar kam kara he pahele muje bola gaya ki tery job lag gayi he or ye tuje company ki taraf se tuje i'd mili he
Fir jab 3 month ki salary ek sath aayegi or 3month hone par jab ujjain me india bulls ki company me gaya to company valo me bataya gaya ki ye tumhari i'd banayee gayee or ye selendra verma ki i'd he
Please sir selendra verma ko jald see jald karvayee ki jaye

Harassment and mental torcher given to women in India .
K
Kala Mani
[protected]@gmail.com
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[protected]@indiabulls.com
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[protected]@gov.in
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[protected]@jagograhakjago.com
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[protected]@indiabulls.com
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[protected]@thehindu.co.in
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Date:
31 July 2019, 13:55

Dear Team,

In a developing country like India, women are not safe even inside home, outside or at workplace. India has become a nation of cruel people where, finding self respect is never found. Banker, NBFC are for public needs, but they are taing huge advantages of general public. I hope this is spread adn helps other women. Indiabulls is giving worst service . I'm new to this and not even one month over. My bank had sufficient funds . I had missed a single payment, that too first month . For missing first month emi, i have been getting abusive and murder threats from IndiaBulls collection in tamil. They have almost ruined my life . This is so worst behavior against a women. Still 11 EMI is on way, if this is the case for first one, what is going to happen the next 11 months is so stressful to imagine. This calls gave me severe stress and mental fever. Such murder, office visit, home visit threat calls i have been receiving . Indiabulls collection person, not only called from various number but also faked themself that they are calling from Bluedart Courier and want to know my address. This cheap tricks to indirectly collect address is not acceptable. My relative got threats, tomorrow if i take any wrong decision, Indiabulls is responsible for everything not the employee who called me .I was humiliated and abused very very very bad roadside words. As a women this is so bad. I will make sure this email is forwarded to each and every one including RBI, Women Welfare Association, Womens Police Association. For you kind information i have paid the emi and included the statement . I ask the Nodal to take action and give proper assistance

Loan Number : IPERKNC02493989
PAID AMOUNT : 4160
Email : [protected]@gmail.com

Regards
Kalamani
[protected]

Good evening sir in your Dhani app is will processing only in will come for in process in process we short out immediately I am all round 6 months ka back will not solve this problem please solve this problem immediately thank you do the needful e attached around 6 months back will not solve this problem please problem this also in process only come in your app I am immediately loan taken in your app please solve this problem thank you very much

Hi sir/ma'am,

This is sanobia, i am reaching out because i am facing issue with the emi for the month of july. I forgot to maintain the emi amount for the month of june which should be deducted on 2nd of june. So, i just got a call from indianbulls's representative and he asked to make the payment on 8th ofjune through paytm. I made the payment on 8th june through paytm. But again the same amount of emi was presented on 10th of june and deducted from my bank account. I called the same representative and he told to send me the transaction details and it will be updated within that month and he told me that i will not have to pay the emi for the month of july. But it was not updated since 10th of july. I called him many times and he said it will be updated before 2nd july. Indiabulls presented the emi amount for the month of july on 2nd, 4th, 6th and 8th of july which i have already paid in advance and i was charged the late payment fee because i was not having sufficient amount in my account at that time. Also, i have been charged the ecs return charges of rs.480, ₹403, 460 and ₹412 for not maintaining the emi amount for the month of july... Who will do that reimbursement for those charges?

I have been emailing the customer support for last 12 to 13 days but they are not doing anything. They have not even removed the late payment fees which was not my mistake. It was from your people. I made the payment and it should have been updated in the system. I have also contacted nodal officer but didn't got any response.

I have attached all the payments slips and statement. Please find below the details.

Please remove the late payment fees and make the reimbursement of almost ₹1800 for ecs return charges. Waiting for your immediate response!

Thanking you,
Sanobia nasim

Personal loan account - iperkol01029034

I have taken home loan of 30 lacs from indiabulls last year.

On 13th july, 2019 i have done the part prepayment of emi of rs.[protected]Every month's emi)*3).

I was expecting rs. 77253 to be deducted completely from my principal loan amount.

Instead of this, only rs. 67651 has been deducted from my principal loan amount and rest of the amount has been settled as increase into the interest rate (As per discussion with customer care).

How this is possible? You are not informing your customer about anything before doing the part prepayment of emi and customers are under the impression that whatever amount he will pay for part prepayment of emi will be deducted from principal loan amount.

This is not fair for the customers who are saving their whole money and doing part prepayment of emi to save from the interest rate.

The more unfair thing is even you don't ask or let us know about your deduction while doing part prepayment of emi. What if i haven't done part prepayment of emi?

Even after complaining to customer care (Around 30-40 mins talk), i haven't got any follow up from your side still.

Please resolve this asap. I don't need a single rupee to be cut while i am doing part prepayment of emi in terms of interest.

LOAN A/c No. : IPERDEL01609200

This is regarding a LOAN of Rs. 31, 250 taken from Indiabulls Dhani in the month of January 2019. The sanction amount was of Rs. 28, 980. The amount of EMI is Rs. 1, 764 for 24 months.

I have been continuosly bringing into their notice that their technical glitch is preventing any sort of deduction from my account. However, the reason they gave was that the EMI hits my bank account during 12 am - 6 am and having insufficient balance, the same bounces. Never has the EMI hit my linked bank account and the Company has been levying bouncing charges on every EMI date. I have been paying the EMIs on a regular basis, through their dysfunctional app or PAYTM, keeping adequate evidence of sufficient balance available in my bank account.

They have poor quality of CUSTOMER CARE Executives, with an IQ level in minus. I called up to tell them that the EMI has not been deducted, and the person said "Congratulations! Your EMI payment is successful".

Furthermore, I get calls from their "recovery agents" telling me that I have not paid my installments. They are mentally harassing me for their technical glitches. It is astonishing that they have leaked my number to these illiterate recovery agents who do not even know how to speak. They send me automatic messages that a certain amount is due as these (malafide) charges and I should pay using the link mentioned in their SMS, else it may have legal consequences. They have no collateral against this LOAN and yet I have to face their ### recovery agents and harassment through every way possible.

An option available on their app for foreclosure does not work either. If they do not address my concerns with this post as a final warning, I myself being an Advocate, will take this matter to the Court of Law in the general interests of the public as well as mine.

Encl: Screenshots showing both successful payments as well as bouncing charges.

Dear team,
I have faced big issue, request to please help me out here, one of my previous company colleague i don't know much about him he knows my number that's all, now i'm getting calls from your company stating that he took loan he didn't pay, i didn't get any call from your company for reference and i didn't sing also but how come my number is registered for reference in your records, this is big threat for me. Kindly remove my number and name in your records.
Now i got socked literally.
Please help me here how to processed further.
Kindly shot it out this issue with high priority.

His name: suddula baskara
Number: [protected]

Awaiting for your replay.

Regards
Chinna

Hi,

I was having a loan with account number - iperpun01015302.
I have raised a request for the foreclosure of my loan in the month of october 2018. I have received a foreclosure letter on 08/10/2018 with total amount of rs.118, 095.76. I have attached this letter in the attachments.
I have paid this amount on 10/10/2018 through dd (Rs.113230/-) and cheque (Rs.5052/-). I even received the receipts.
The company name mentioned was 'ivl finance limited' to which i supposed to pay the amount and the same was mentioned in the letter.
I have given in the dd in favour of the name mentioned in the letter.
I did not receive any noc from the company and moreover they have deducted on emi amount of rs.3835/- in the month of november.
I have reached out to customer care for literally 2 months but there was no help from them.
In the month of january, a person from indiabulls called me stating that your loan has been not closed due the name change of company.
I told him that i have given you as i received the letter from the company.
But still they didn't listen to me and bluddy # guy who was looking after these issues was talking very rudely stating that if you want to close you need to pay one more emi and then we will give you the latest name of the company and you need to pay to this account.
He told me that we will refund you 2 months of emi as it was company mistake. Then i trusted him and paid him one emi of rs.3835/- on 03/01/2019. He even mentioned on the receipt that he will refund 2 months of emi of rs.7670/- but he didn't do this.
I have given the dd by changing the campany name to 'indiabulls consumer finance limited' with total amount of rs.113230/-
But they have mentioned on the foreclosure letter of rs.110, 474.98.
And the person named anvar sayyed told me we will deposit two months of emi of rs.7670/- to your bank account. I have given him the cancelled cheque too but still there was no response.

This is ridiculous company where they don't follow any rules and their policies too.
I need my money which i have unnecessarily paid ie. Rs.7670/-
Even if there was no mistake of mine.

Indiabulls contacted person - anvar sayyid -[protected] — pune branch

I have applied for personal loan in the month of june, now that i am ready to repay my entire loan amount and continuously calling the customer care and sending them email but they are not ready to revert on any of my emails nor there customer service no get connect..

They hve later shared the address, i have visited the place today morning and they dont have any office in the address provided

I guess they are good in irritating and cheating people, i have an email where they have mentioned where clearly that i can close my account when ever i want but with additional charges, i am even ready to pay, which is almost 25000.. But i guess they want to earn more money and they are not concerned