Infrastructure Development Finance Company [IDFC] Complaints & Reviews

I see a loan account in my CIBIL from IDFC bank. Amount: 10, 000. It's realated zip paylater. The Zip paylater service is not available since a long. And IDFC bank was the first lender. Later the lender was also changed. But IDFC bank has not closed the loan account even after writing to them many times. Since September 2021 I am writing to them. Very frustrating...
Consumer complaints, kindly help close this fake loan account.
Loan account number: 40644174.
Date opened:[protected]
Date reported:[protected]

I was contacted by IDFC Bank to purchase a personal loan from them. I had no idea what the implications would be, and the money was deposited to my account with a 15% return on investment, whilst other banks offered less than 10%.

When I contacted them to share the foreclosure letter, I was astonished to see that they had added a 5% penalty on the principle amount, plus taxes, which would total nearly $50, 000 if you acquired a ten-lakh loan.

One of the customer service representatives advised me not to foreclose on the loan since they may offer me a lower return. I've sent many emails and called customer service, but have received no answer.

@IDFC Bank, please provide the highest ROI to customers that pay on time.

Sharan, your customer service representative, is the worst person I have ever met

INFRA BONDS: IDE0225435 MATURED ON 21ST MAR 2022.BUT AMOUNT NOT RECEIVED

BANK DETAILS ARE UPDATED ON 5TH MAR 2022
AND THE REQUEST ID IS:: ID95325641

mail:: [protected]@gmail.com

mobile::[protected]

My redemption payment under folio no. Ide0112426 not released.Due to wrong adress written by idfc, the payment not delivered . I have already submitted email on 21.06.2012 for adress correction which was done by idfc vide their forwarding letter no. R/idfe/5002683 dated 15.06.2012.Despite this wrong adress written due to which payment not received .My emails regarding this to idfc dated 15.03.22 &23.03.22 even not responded.

I have IDFC FIRST BANK- INFRA BOND TRANCHE 1/ FY2011
Folio No: IDA0311015
This got matured in 2020 and I have been following up to get the maturity amount credited to the right bank account.
I got confirmation that my correct account is registered but amount is still to be credited.
Last Ref No: NAV/STAT/IDFA/215184/13302525

Loan of 78 k was availed from IDFC at 14% rate of interest was informed & when our loan was disbursed & paid for 10 months now the outstanding is 70 k when asked at chandra layout customer care center they are mentioning the loan is of 90 k & 30% is the interest rate.

Its a scam, Yes they run ECS for 4 times a month & collect bonus charges from every customers.

Kindly take necessary action's.

IDFC limited 8 percent infrastructure bonds TRanche 2 (FIN year 2010-11), redeemed in March 2021, redemtion amount not credited into account. Bonds not held in physical form. Amount invested in my name as given above

Toll was deducted twice for vehicle no AS02AE6221 at Mikirati Hawaigaon Toll Plaza on 19/03/2022 at 14:29 and at 14:45 respectively, Rs 80 each amounting to Rs 160. Received screenshot of SMS were attached.
IDFC Customers were not responsive.
Requesting to do needful from your end.

Thanks
[protected]...

FOLIO NO. IDB0204245, Name Rajesh Kanaujia
I am writing mails to KFin Tech since last 1 year on redumption of my bonds.
They have taken all details like Copy of PAN, cancelled cheque and other details.
Now they are telling that they have redemmed these bonds in some another account person in Feb 2016 at Saraswat Bank Vaibhav Complex new delhi in Account no : [protected]
How the Bank can do this mistake, As they are having my details with them.
Its a fraudulent practice adopted by bank .

I have been interacting with KFINTECH wherein I had submitted my BOND certificate on maturity dated Feb 2021 and Nov 2021 respectively

As of now after repeated follow ups I have received inly one payment and the other is being bluffed about stating the same payment with both the folios. only one payment was sent to ne on 30/12/2021.

Please HELP

Call me
FOLIO:IDD0294278 & IDB0323465...

Sir,
I would like to inform that I had been allotted 4 (four) 'IDFC Long Term Infrastructure Bond- Tranche 2" of Rs.5000 each, as per Distinctive number from [protected] to [protected] (INE043D07385) vide certificate No. Series 2-80611 dated 21.02.2011 which was matured with a maturity value of Rs. 10800 each as on 21.02.2021. However no payment on maturity and redemption of said bonds has been received by me till date even after lapse of several months.
I am furnishing details of my bank account as under for your ready reference and consideration.
1. Bank: State Bank of India, Branch IIP Township Dehrad Dehradun IIP Township Mohakampur Dehradun Uttarakhand 248005
2. S/A/c No.[protected]
3. IFSC Code: SBIN0002359
4. MICR Code:[protected]
5. CIF No.[protected]
6. Account Holder Name: NAND KISHORE ATTRI
7. Aadhar No.[protected]
8. PAN No.ADKPA5412H
9. E.mail.id : [protected]@gmail.com
You are requested to kindly look into the matter of delay in releasing my payment by IDFC Ltd. on redemption of above four bonds and arrange to release the payment to my above mentioned account forthwith.
An early action is solicited which shall be highly appreciable.
Thanking you in anticipation of your early and favourable action in the matter
Yours faithfully,
(NAND KISHORE ATTRI)
Mobile No.[protected]
Address: Near Punjab National Bank, Post office Road, Post Office Balawala, Dehradun (Uttarakhand) PIN -248161,

I applied idfc infra development bond tr-3 sr[protected] bond wide clint id : idc0000671. how ever only once interest credit rs. 1650.00 on interest period 30/03/2011 to 29/03/2012. how ever my original bond still not received

My IDFC Bonds (4 in nos) were to mature on Dec 30, 2021. Have not received any money that is due to me.

Inspite of multiple follow up (series of emails) with Kfintech and I have uploaded details on 6th Jan 2022 till date not received maturity amount for folio number 0281412.

I have written to them so many times, that the link which is present to update bank details doesnt work.
https://ris.kfintech.com/clientservices/isc/coacob.aspx
Errors saying "Select account type"

https://ris.kfintech.com/clientservices/bonds/bankmandate/bankmandate.aspx .
Errors saying INVALID Folio number : IDD0264149.

I have emailed all relevant documents for BANK detail updation, but I have not received any confirmation for money transfer.

They keep sending back reply saying update details .with same above link, which is not working .

Please help

I have purchased 4 no. of IDFC Bond on 30/12/2011, which is matured on 30/12/2021, but till date i have not received maturity amount. Pl. do the needful & inform the status.

DETAILS OF APPLICANT & BOND:

APPLICANT NAME: ARUN KUMAR SINGH

APPLICATION NO.[protected]

BENIFICIARY A/C NO. IN[protected]
RL NO 244966, REF NO. 260635,
FOLIO NUMBER: IDD0366208

Regards
Arun Kumar Singh
Mob. [protected] / [protected]

Please refer IDFC infra bond Regd folio No IDD0237060. I have invested Rs. 20000/ for FOUR bonds with a maturity value Rs. 11840 / each so the total value of the bond is Rs.47360.
After long persuasion the registrar of the bond issue K Fin tech has credited only Rs 41888/ in my account .on 01/02/2022

Reminders sent to the registrar and the IDFC bank to remit the balance amount Rs . 5472 /, but no one is responding or replying .

Please do needful to credit into my account.

From : Shriram Kummar ([protected]@gmail.com)
To : einward.[protected]@kfintech.com
Subject : Fwd: Buyback Procedure
Date : 22/01/2022 12:01

To
MANI SHEKHAR
Corporate Registry
KFin Technologies Pvt. Ltd.
Selenium Tower B, Plot 31-32, Gachibowli,
Sir,
With reference to your mail dated 10th Jan 2022, it is submitted that my account has not been yet credited till today on the time period of 8 or 10 days given by you. I have requested since 19th December 2021 for redemption of 4 IDFC BONDS, which was already matured on 30th December 2021. How much more time I have to wait?? Please do the needful at the earliest.
Thanking you.
Yours faithfully
Shriram Kumar

Despite repeated requests through several emails, I am still waiting for redemption of matured bonds. All documents have already submitted through emails dated 19.01.21, 21.01.21, 24.01.21 etc. No positive response have received till now. My account was credited with Re 1 twice on 21.01.21 and 03.01.22.
Expected an early solution.
Thanks.
Shriram Kumar

Main Apna loan sara kam karna chahta hun per company wale Mere Ko Nahin Bata rahe hain ki mera loan kitna hai Hai Kitna bataya hai

Maturity proceeds of the abobe bonds have not been received. Details are as follows

Bondholder Name : ANJALI UPENDRA BAPAT,
Unit : IDFC FIRST BANK LIMITED - INFRA BOND TRANCHE 3
Folio No : IDC0242789