[Resolved]  IndustryBuying.com — No stock of product with industrybuying - but still advertised on website

Address:New Delhi, Delhi
Website:www.industrybuying.com

Succumbing to the heavy discount offered by industrybuying.com. I ordered a laser measuring device (Order no.1197829). Website showed standard shipping time of 5 to 7 days (Remember - this is not delivery time; only time taken to ship the product). After waiting for 12 days with no news about when it is going to be dispatched, i finally cancelled the order.

Meanwhile, even without shipping the product, company processed my payment method by emi. Now, without receiving the product, i am expected to pay interest on my emi and service tax on the interest. Customer care is saying, we will reimburse the full amount of the product, you have to deal with your bank to cancel the emi.

Sincere advise to consumers - buy from somewhere else. This is a bogus company who takes your money, retains it for sometime without shipping the product, earns interest on your amount and then cancels your order.
Was this information helpful?
No (0)
Yes (0)
May 17, 2017
Complaint marked as Resolved 
IndustryBuying.com customer support has been notified about the posted complaint.
Verified Support
Nov 15, 2016
IndustryBuying.com Customer Care's response
Dear Customer,

We really apologies for all the inconvenience caused to you.
We would like to inform you that product availability is governed by vendors. if vendor doesn't have it we have to cancel order. We are working on system where product will automatically become out of stock based on vendor input. Thanks ! Team IB
Nov 29, 2016
Updated by therealshow
When contacted, the Customer Care of www.industrybuying.com is informing me that they have reversed the payment and it will be reflected in my credit card account only once I cancel the EMI Loan from HDFC Bank.

However, HDFC’s Customer Care has clarified that the disputed amount has not been credited by IndustryBuying to my credit card account. HDFC Customer Care has also confirmed that neither I- the Customer, nor, the Bank is authorized to close the EMI-Loan Account as the Loan Account gets closed automatically once the Bank receives the credited amount from Merchant. I have now raised a credit card dispute with HDFC Bank.

I was such a fool to fall prey to this scamming website. I should have just gone to Amazon and paid Rs.200/- more. I finally did just that- ordered from Amazon and received the item in 3 days flat.
Complaint comments 

Comments

100% agree with you bro..
Worst of worst e-com site in india E-com space... But don't worry this company will close down soon.. It has cheated so many people, including me.
And about IB consumer care, hahaha most worst part of company, consumer care executives are trained by best HR, just to talk, not to work..
This executives are talkative parrot, not active human being..
This bogus company has not refunded my money despite cancelling my order (Order no.1197829) on 14th Nov 2016 (due to non availability of product). This means that for 26 days, they earned interest on my amount. They are earning BLACK MONEY on my WHITE MONEY. Meanwhile, I still have to pay interest on my EMI- for a product WHICH I DID NOT RECEIVE !!!

Customers please watch out. IndustryBuying offers heavy discounts compared to other e-commerce websites. They will try to trap you by their false advertising-- BUT THEY DON'T HAVE THE PRODUCT!!!

This is a fake e-commerce site. I challenge this company to TAKE ME TO COURT for defamation. Come On, IndustryBuying.com enough of your rhetoric- "We apologize for all the inconvenience caused to you" nonsense.
Industrial buying online team takes the order. Cancels the order after few days without any reason. Simply sends a mail for inconvenience.
Most irresponsible e -commerce agency in the market. My order cancelled twice.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    IndustryBuying.com
    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
    64%
    Complaints
    676
    Pending
    13
    Resolved
    419
    IndustryBuying.com Address
    Khasra No. 401, 402, 1st Floor, Ghitorni, Delhi, Delhi, India - 110030
    View all IndustryBuying.com contact information