[Resolved]  IndiaBulls — home loan cheating

Address:Chennai, Tamil Nadu

Hello,
I have taken a housing loan of rs.30, 10, 000 from indiabulls 5 months back. When i was taking the loan they mentioned it as housing loan and the roi is 8.5%. Buy in these 5 months they are increasing the rate of every month which is not at all possible as per rbi. Also now the roi is 10.9% and they claim that it is plot loan which seems to be a cheating. When i tried to contact the executive who co-ordinated with me at the time loan booking, that cheating person is not picking up my call. When i checked with their office directly everyone in the office is irresponsible and the branch head is totally waste. Everyone in their office is trained for the cheating. Last month they mentioned the emi as 28300 and they charged only 28000. Kept this 300 as outstanding for no reason.

Can some one help to get out of this issue? Definitely we have to sue this cheating guys as they didnt following any of the promises they have provided.
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Aug 7, 2021
Complaint marked as Resolved 
IndiaBulls customer support has been notified about the posted complaint.
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Dear Gopal,

We would like to connect with you in this regard. Request you to share your contact number or loan account number so that we can address the concerns raised by you.
Gopalb8689's [Complaint's author] reply, Dec 21, 2018
You can contact me @8903863386
IndiaBulls Customer Care's response, Dec 24, 2018
Verified Support
Dear Gopal,

Thanks for sharing the detail with us. We have escalated the concern to our team and will get in touch with you at the earliest.
I came to know that Devang Dave is adjusting the payment of emi without taking money. I mean one of the emi was bounced then as per the update received from my friend Devang Dave said that he will issue a receipt and later I can make the payment. So in short he did fraud with the company.
IndiaBulls Customer Care's response, Dec 21, 2018
Verified Support
Dear Customer ( RDChinial ),

We would like to connect with you in this regard. Request you to share your contact number or loan account number so that we can address the concerns raised by you.
IndiaBulls Customer Care's response, Dec 29, 2018
Verified Support
Dear Customer (RDChinial),

We hope your concern is resolved. Feel free to get in touch with us in case further assistance is required.
I havd giving request to change my interest rate of exisiting home loan since last 3 month but they are unable to change my interest rate. i have call so many time to cuatomer care no. but no response. kindly resolve my issue asap.
Anshulgupt's reply, Nov 29, 2018
MY HOME LOAN ACCOUNT NO Hhlbor002779
IndiaBulls Customer Care's response, Dec 20, 2018
Verified Support
Dear Anshul,

We are sorry you feel this way. Please be assured that our team is working on your concern and will reach out to you shortly.
IndiaBulls Customer Care's response, Dec 22, 2018
Verified Support
Dear Anshul,

We would like to connect with you in this regard. Request you to share your contact number or correct loan account number so that we can address the concerns raised by you.
IndiaBulls Customer Care's response, Dec 31, 2018
Verified Support
Dear Anshul,

We hope your concern is resolved. Feel free to get in touch with us in case further assistance is required.
I am also facing similar issue what should we do?
IndiaBulls Customer Care's response, Dec 21, 2018
Verified Support
Dear Nagaraju,

We would like to connect with you in this regard. Request you to share your contact number or loan account number so that we can address the concerns raised by you.
IndiaBulls Customer Care's response, Jan 9, 2019
Verified Support
Dear Nagaraju,

We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.
Gopalb8689's [Complaint's author] reply, Mar 25, 2019
Please transfer your loan to a different bank. These India bulls doesn't have any proper process or escalation or anything. And especially the branch office is just dummy. They don't even have power ask their branch employees if they are doing some mistakes. I have escalated one problem to the Anna Nagar branch manager. He said he will take action, but he has done nothing.

So my advice for you is to transfer your loan to a different bank to have a safe and peaceful life.
Dear Gopal,

We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.

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