Indiabulls Home Loans — plot plus construction loan

I have taken home loan from your office, as this is a plot plus construction loan as per terms and conditions i was given time of two years to complete house construction in the above property.

My loan was disbursed in march 2018, i have a time until march 2020 to complete house construction. At present house is in process of construction will be completed in due time.

I was told during the loan process that this home loan will be converted to plot loan only after two years provided if i don’t complete house construction by two years. But here there is sudden increase in the interest rate to 11.35% now 12.15% without prior intimation.
This has caused me huge financial loss and mental trauma.
Was this information helpful?
No (0)
Yes (0)
IndiaBulls customer support has been notified about the posted complaint.
Complaint comments 

Comments

Dear sir / mam
Please see the details
Sanction latter refrance number 868791 provided but not Disbursal process. Loan account number:-HHEDMT00479624
so please urgently basis complite is disbursal process.

Regards
Shiwa kant
Mobile no [protected]
Date of birth:- 02/02/1985
Mail I'd :- [protected]@gmail.com
IndiaBulls Customer Care's response, Jan 11, 2019
Verified Support
Dear Shivakant,

Apologies for the inconvenience caused to you. We have escalated your complaint to our team and will get in touch with you soon.
IndiaBulls Customer Care's response, Feb 26, 2019
Verified Support
Dear Shivakant,

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.
Dear Dhruva,

Apologies for the inconvenience caused to you. Kindly share your contact details or loan account number so that we can proceed further with your concern.
Sir My Name is Mohd Muqeem and my sap id is 234350 and i was joined Indiabulls Moti Nager Branch in oct 5 2018 bt till the now My salary not come and nobody tell me what is the reason behind of All this.So plzz give me the reason.
IndiaBulls Customer Care's response, Jan 12, 2019
Verified Support
Dear Muqeem,

Apologies for the inconvenience caused to you. Kindly share your contact details so that we can look into this at the earliest.
IndiaBulls Customer Care's response, Jan 21, 2019
Verified Support
Dear Muqeem,

We hope that your concern is resolved. Feel free to get in touch with us in case further assistance is required.
Dear Dhruva,

We haven’t heard back from you. Kindly share your contact details or loan account number so that we can proceed further with your concern.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    IndiaBulls
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    61%
    Complaints
    2692
    Pending
    273
    Resolved
    1513
    IndiaBulls Phone
    +91 12 4668 2810
    +91 12 4668 2812
    +91 12 4668 2851
    IndiaBulls Address
    Indiabulls House, 448-451, Udyog Vihar, Phase-V, Gurgaon, Haryana, India - 122001
    View all IndiaBulls contact information