[Resolved]  IndiaBulls — indiabulls home loan lap : ref no. 1076954 ( charge processing fee and not sanction loan)

Address:807 , Nayagaon sas nagar mohali, 160103

Hi,

My loan ref no. 1076954

Lap (Loan against property)

I was applied for lap in chandigarh through indiabulls home loan & verify my all docs & my cibil score is 862 & all verification are completed by end and all are positive reports.

But i was not involve my father as a guarantor and provide some other guarantor on my behalf but still they ask same thing that you involve your father as a guarantor.

What are wonderful rule adopt by indiabulls to harass the customer and they took total 1 month to process the application and charge a fee of rs. 4720 /- from there end as a processing charges and they not refunded to me.

Main thing is that there is no drawback in my application & if you are unable to process the application, please don't haraas the customer and wasting the time all are not free as like indiabulls home loan.

So beware of fraud ism, don't pay processing fees first, its not refunded back and the reply this is non-refundable security will charge from customer.

Regarding this i drop a mail in grievance but nobody hear my voice.

If processing fees is non-refundable at least, why should they charge if they not sanction the loan if all the document is ok & verification is ok.

They just involve family member into your loan and emotionally torture you so you self said don't process it.

Thanks to all!!

Regards
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Jul 12, 2019
Complaint marked as Resolved 
IndiaBulls customer support has been notified about the posted complaint.
Verified Support
Jun 11, 2019
IndiaBulls Customer Care's response
Dear Deepak,

We hope that our team connected with you and was able to assist you in the best possible way. Do let us know if you need any assistance in future.
Jul 05, 2019
Updated by Think Beyond the Imagination
Dear Sir,

Dear Sir,

In Reference to query[protected] regarding processing fee charge in genuine way.

( Lead id : [protected] & Registered Mob No. [protected] ) & My loan ref no. 1076954




I have not receive a single document from (IBFL) side, Where particular mention that Rs.4720 /- amount will be charged and that amount is non-refundable.

Please go through the attachment and self check ( Signed Cheque by me its a paid checque) and also mention that the amount paid through cheque not mention anywhere its refundable / non-refundable.

Please make transparency with the customer, that will lose the trust of Customer towards your organisation (IBHL). More than a month was over, There is not a single document was produced from your end that you will charge a non-refundable security amount from the customer.

Your One of executive was also respond me that ( Non-Refundable ) Fee Rs. 1200/- Charges from our customer as a login fee, In your case I will reimburse the amount Rs.4720- Rs.1200 = Rs.3520 /-

But After the giving confirmation same thing happen again and they replied :We would like to inform you that the processing fee of Rs.4720/- is collected as an up-front payment for the processing of loan application irrespective of the sanctioning or cancellation of loan application hence the same is non-refundable.

Please at least share a single document from your end that particular mention that, I am ready to pay non refundable amount processing fee of Rs.4720/- from our end.

Next Time please ask the customer paid through cheque and clearly mention on cheque that the amount will non-refundable will charge for the processing of loan application .

At last I have no so much time in my hand that, I will move out here and there and lodge a complaint again and again, Its your desire you will refund the amount or not because you self know Customer was right at this stage, that is why not a single document was produced by you.

Please do whatever you want ?

When I connect to Toll Free No.[protected]IBFL Customer Care ) Nobody will recognize me and unable to fetch find out detail of my loan application ( My loan ref no. 1076954 ), I was harassed last 3 months and Indiabulls provide excuses every time.

Next time I never recommend ( IBFL) to anyone because my experience was totally bad.

Thanks & Regards

Vinod Kumar
Mob : [protected] /[protected]

Complaint comments 

Comments

Resp sir my name deepak vinayakrao Ransing. Yous customer of person Los loan. Sir I have completed my loan of rs 3000 on 24 April . my loan I'd is [protected] . but still on Dhabi app it show pending. Sir I want new loan now so plz given me NOC of my old loan. Than I takes new Loan

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