[Resolved] IndiaBulls — home loan - indiabulls always cheats its customers

Rajan1408

from Patiala, Punjab

Address:

Gurgaon, New Delhi, Delhi, 110059

I have a housing loan with indiabulls housing finance limited. Initially the rate of intrest was 8.70%. However, they have increased this up to 12.75% in just a period of one year without intimating me.in my society aprox 15 persons are facing same issue and now we all are looking for bt.

Interestingly, they have disabled login page and changed email id to “[protected]@gmail.com” so that no can lodge a written complaint over the email. They are doing unethical business practices and charging ad hoc high rate of interest without any reason. Further, on another side roi on housing loans are reduced by other banks.

Action must be taken on this fraud company.

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Dec 9, 2019

Complaint marked as Resolved

IndiaBulls customer support has been notified about the posted complaint.

Verified Support

Jul 23, 2019

IndiaBulls Customer Care's response Hi Rajan,

This is with reference to the concern raised by you through consumer complaint platform with respect to Rate of Interest.

We appreciate, if you can share your functional contact details or loan account number. This will help us to serve you better.

Thank you for your understanding in this regards.

Regards,
Indiabulls Housing Finance Limited.