IndiaBulls — Home Loan Amount

My brother has taken home loan from Indiabulls against property. He got expired in April, 2021 due to cardiac arrest and we had Insurance from Reliance general and they have settled the claim amount which was directly paid to India bulls by Insurance company. It took almost 7-8 months to settle the claim. However, now India bulls is not closing our account and asking for unnecessary more money to close the account and not willing to give us our property papers back.

They are pressurizing us to give them money to close the account and after that they will return our papers back. But why we should pay them more money when the insurance company has settled the amount. They are not closing the emi's.

Mr. Vineet Chaurasia (Recovery Agent head) is putting lot of pressure on my parents to collect the amount.
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IndiaBulls customer support has been notified about the posted complaint.
Verified Support
Jan 25, 2022
IndiaBulls Customer Care's response
Respected Ma'am,

Greetings from Indiabulls

Request you to please share your contact number or loan account number and our team will connect with you at the earliest.

Thanks and Regards.
Indiabulls Housing Finance Limited.
Jan 27, 2022
Updated by preetibathla21
Loan account number: HLLADMT00458013
My contact number: [protected]
Verified Support
Jan 31, 2022
IndiaBulls Customer Care's response
Respected Ma'am,

Greetings from Indiabulls

We understand that our team got in touch with you regarding your query and shared the requisite information in this regard. Do let us know if you need assistance with anything else.

Thanks and Regards.
Indiabulls Housing Finance Limited.
Jan 31, 2022
Updated by preetibathla21
Your team has reached but no resolution has been given to me. They are saying I have to pay this amount but why do I have to pay as my whole amount was insured and the claim has been given by insurance company. My account is still active. They are not closing my account and putting emi charges on me. Please give accurate support Rae there is no point of reporting it here.
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My loan account number is 458013
My contact [protected]

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