ING Vysya Bank Complaints & Reviews

Sir


I am an account holder in IOB Bank at sholinghur (631102) Ac no 2310. On 16.10.09 around 5.30 pm i used the ING vysya atm Rajaji nagar, Bangalore for withdrawl of rs 1000.But i didn't receive the amt through atm as well as the transaction slip for twice of 1000 rs.(2000 rs).Subsequently on checking my balance i was found that a sum of rs 2000 is debited fro my account.I have given a request to the branch manager to take necessary actions.

Dear sir

Please give me the Status on My Pf Amount.Here mentioned the details

PF A/C NO. KN/[protected]
Company Name:Ing Vysya life insurance
Branch : Pondicherry.

With regards
Anandhi

I had requested for a foreclosure documents of my Housing Loan last month and received the letter also in turn to my request. There had been few discrepancies found in that letter and I calling bank couple of times. I decided to personally visit the OTC Road branch on 12th September 2009 and raised concerns over the discrepancies. For my surprise even person identified to clarify my query also not sure about these calculations. He had received the hard copy of my complaint and informed that it will take 7 working days to clarify. (Infact, I had also received acknowledgement as a proof)

After 7 working days when I treid to followup my complaint, they are pretending like they had not received my complaint and asking me to get back to me in another 7 working days!!

While availing the Home Loan they finished all the formalities within 3 working days, but at the same time, while giving the service they are totally negligent.

Can any further action be taken on ING Vysya Bank to avoid any such instances to other customers?

I WANT TO KNOW THE TOTAL PF BALANCE IN MY ACCOUNT,INCLUDING THE TRANSFER MONEY AND THE INTEREST.MY PF A/C NO IS KN/25113/006538 .
PL REVERT.

Hi,
This is Sheetal Joshi from Bombay. I worked with ING Vysya Life Insurance in Mumbai but the Head Office is at Bangalore. I have seperated from the company in October 2008. My PF withdrawal forms have been sent by the Head Office to the PF Office on 22nd February 2009. Normally it takes 45 to 60 working days for a settlement. It is past 6 months and no intimation from the PF office. Why the delay.

My PF no is KN/25113/14601. Please let me know the status.

Regards
Sheetal Joshi
[protected]

I was working with ING LIFE INSURANCE COMPANY based in Netherland Group and i left that company on 12/07/2008.after leaving the company i requested them to transfer MY PF to my Bank account which is ING Bank and based in Bhavnagar(Gujarat). IVL filled all the form in coordination with me with all the required details and submitted the same to RPFC office bangalore on 11/06/09. Despite of them i am not able to get the details of PF status.
My Job Duration is from 02/07/2007 to 12/07/2008.My Emp. Code is 11770.
Working Branch is Bhavnagar(Gujarat)

I was working in ING Vysya Life Insurance Co Ltd from 1st June'07 to 5th Feb'09.My PF # was KN/25113/10377.My PF withdrawal form was submitted by ING HR to RPFC on 24th June'09.Since it's more than 40 days now, would appreciate if you could expedite the same by transfeering the amount to my ICICI bank a/c #[protected].My father is ill & is undergoing treatment for a Heart problem.So, I once again request you to do the needful at your end at the earliest.Thanking you in Anticipation

Regards

Sudhir

Mobile # 0-[protected]

I have taken a ING vysya ULIP policy numbered 01020590 last year.
My name is wrongly specified in the policy. Unknowingly I was paying the premiums on the name of some one else.
When communicated the same with a written complaint to ING VYSYA kukatpally branch, Hyderabad there was no proper response. Added to this my bond was not issued.

They are not forgetting the premium notices, but they forget delivery of policy. Unknowingly I have choosen a wrong company(ING Vysya).

Regards,
Krishna
[protected]

Hi,

This is regarding House loan from ING Vysya bank

You have not produced July 2009 cheque to my citibank and it is mistake from your side. Ontop of your mistake you have informed recovery agent to collect the outstanding amount from me.

Recovery agent called me and told me in rude tone there was cheque bounce from my bank and if I fail to pay the July 2009 EMI, Vysya bank is going to take legal action against me. This is disgusting! I did not expect this kind of mistake from Ing Vysya bank..YOU ARE BEHAVING LIKE A ROADSIDE MONEY LENDER WITH GUNDAS.

I request you to promptly present post dated cheque to my bank as there is no fund shortage whatsoever. If I get call again from your recovery agent I would be complaining against you to RBI/Consumer court and I will take legal action against the bank.

I had applied for ING Vysya Home Loan. I had submitted my documents along with processing fee cheque. It was told to me that cheque will be processed after I sign sanction letter.

My application was rejected and my account was debited afterwards for Rs 5515. I enquired about this from the person who has taken up my documents and was informed that it will be returned back to me in 2-3 days. Till date I have’t received my money back.( It is more than 20 days)

This is something never heard of in Banking fraternity. How can ING Vysya restore to such kind of activity which is primarily based on fooling around with the customer. I had enquired about the limit first for which he took my documents and informed me that he would tell me my eligibility first and than submit the documents.
Now they are deducting money for the service they have never provided. Just for submitting documents into the system they are charging Rs 5515. ( Remember inspite of my application being rejected I had to pay Rs 5515 ) . Be careful of ING Vysya Bank Home Loan.

I invested Rs10000/ in the ING Vysya best years retirement

plan by ING Vysya which was launched in
March 2004 which came with assured Capital protection.
I got a shock of my life when I got the document 2 months

after as it showed contribution charges of Rs 1000/,

preimium term rider of rs 293/ and initial one-time charge of rs

700/ with total deductions of
Rs 1993.How ever reposing faith in it I made a further

conribution of Rs 9000/ in 2005.

Then the statement for[protected] which showed an

opening balance of Rs 8055/ as the opening balance and a sum of Rs 293/ was

deducted as term rider premium and Rs 213/ as annual

management fee and the BIGGEST SHOCKS was when they

credited a total bonus interst of Rs 507/ for the whole year which

is less than the regular interest rates.

If the scheme is a Capital protected one and was passive in nature

and not a single rupee was invested
in equities then why deduct such high fund charges.
In none of the statements do they indicate the pattern of the

money invested under this head.
Even if 10% of the money had been invested in equties at that

time as the sensex was at the
lowest in 2004 and that too at the lowest risk component of 10%

in equities and 90% in bond or debts, then the return shown would have been substantially

higher.
I mean outraged at the high charges for just 'essentially' keeping our money in a safe.
Even a fixed deposit with a bank would have earned a higher

return.
This money is earmarked for annuity in old age and if the entire amount invested
remains the same, how can people who invested their hard earned money
in it hope to benefit. It is a shame on ING Vysya.

Out of the total Rs 19000/ invested, in aperiod of 4 years

starting 2004, t he annual statement from 1/04/2007 to

31/3/2008 showed a netbalance of Rs 19624.

Is this the way the private funds are to be regulated.
I want IRDA or the PFRDA to probe this scheme in totality and
offer directions necessary to revise
the returns from retrospective effect or else refund the entire

AMOUNT with simple interest
Since I have nothing much to lose, I intend to take this to the

consumer Court in the IRDA fails to take
any action in this regard.



Regards



Venkatesh Rao


100/23, Silver Oaks


DLF-Phase-1

Dear Sir / Madam

This is an grievance on the home loan application made with ING VYSA in May 09 vide application no. HL [protected] . Both me and my friend had approached Mr. Arun (Contact no. [protected]) and for over a week the entire process went fast and smooth till we realized that the loan amount that we wanted and that the bank was providing had a huge difference and we had to call it off, there were no formal sanction letter provided though it was all verbal and through sms.

Meanwhile both o[censored]s paid the house loan processing fees cheque of Rs.5500 each, which they did not wait for the sanction letter to come as intially requested by us but went ahead with depositing the same .

Now after we got the loan from a different banker ING VYSA is denying to repay the processing fees .

Couple of points to note in this regard :

1. We had clearly mentioned in the loan application on the amount that was needed.
2. We were assured of the maximum possible amount, but the final amount was 16% lower than what we requested for.
3. Arun has his own reasons like technical valuation, etc which has been done and hence now the fees can't be refunded . We have requested him to deduct the charges and pay us the balance, which he can’t as per BANK POLICY !!

Intention of writing to you is to bring this to your notice that what this bank is upto so that you could take strict action on the same and so that this becomes a example for other banks whenever they do some thing as unethical as this.

Regards

Anupam

I took a loan from ING VYSYA bank last year at 10.5% interest rate and just after a month they increased it to 11% and then again to 11.5% and then finally to 11.75%. I had taken a loan for a period of 20 years but due to increase in interest rate ING has incresed my tenure to 25 years (shocking). I can understand that the interest rate is fluctuating and not fixed but these people are cheating like hell. Last year RBI increased the CRR ratio...

I submitted my application for withdrawal of Provident Fund to the appropriate authorities (Office of Regional Provident Fund Commissioner, Bangalore) on 10th December 2008. I was an employee of ING Vysya Life Insurance Co ltd, Mumbai and submitted my application for withdrawal of PF since I left the Organisation in view of my ill-health. My Provident Fund A/c no is KN/25113/3006.i've comminicate with organisation they said it will take 45 to 60 days so after that from 15 march 2009 i've started followup with your respected department but iether all phone numbers were ringing or it was busy then i tried some direct number of employee but they were so much busy so they couldn't anwer, this is my kind request to department if i pay income tax or any other tax deffinetly it goes to some part to the govt staff's salay, so i urge to utilise all the fund generateted by income tax dept from india utilise on proper way. I request that my dues are paid to me immediately. I am disappointed and concerned as to why it takes such a long time for processing my request.

My Home Loan request from ING Vysya Bank was rejected. They have taken my Processing fee of Rs 5618 and not returned yet, inspite of a number of requests and emails.

Dear sir,

I was working with AVIVA Life Insurance and left that organisation on 30th June 08.My present employer has submitted the request for transfer of my EPF amount to the RPFC, Bangalore vide letter dated 25.09.08. (letter attached )

I would like to know when my PF amount has been transferred and for what amount.
My PF a/c with my old employer is DL/25803/81.

Thanking you,

Rajiv Mukherjee
[protected]

I, Suresh Raghuramarao, from Hyderabad, had applied for a housing loan with ING vysya bank based on my property. All my details were genuine and my credit scoring is good till date. The ING Vysya Bank taken the application only by making a cheque payment of Rs.5515.00 along with the application. But after processing the application in few days, immediately the Bank said, my application was not successful as my profile is not good, but timely the cheque which i paid along with applicaition has been cleared on the day when i got the result knowing that the loan was not approved. I am expecting a refund from ING Vysya Bank, but its already a week till date, wondering, nobody has called from ING Vysya Bank.
I dont think a banking code will be like this especially for ING Vysya Bank. I would like to file a case against this to the consumer court in near future. - Suresh, Hyderabad / Contact No.[protected]

I HAVE APPLIED FOR HOME LOAN (FOR A 2BHK FLATS AT AMRAPALI VILLAGE II INDRIAPURUM, GZB) IN THE MONTH OF NOVEMBER, 2008. . BANK REPRESENTATIVE TOLD ME THAT YOUR LOAN IS ON HOLD AN THEY WILL SOON CLEAR THAT BUT TILL THE MONTH OF FEB THEY DIDNOT GAVE ME ANY +VE SIGN. ANY HOW WHILE I FORCE SO THEY GIVE ME THE APPROVAL LETTER BUT THEY FORCE ME(THROUGH BUILDER ALSO) FOR AN INSURANCE POLICY. OTHERWISE THEY WILL NOT APPROVE MY LOAN AND I DID THAT BECAUSE ALREADY I HAVE GIVEN SO MUCH MONEY TO BUILDER.
NOW I BOUND TO PAY HIGHER PRICE FOR PROPERTY WITH ADDED INSURANCE POLICY.
PLEASE HELP ME OUT.

I have taken Home Loan From ING Vysya Bank and I'm not getting good response from customer care. Customer Care keeps on directing the call where no one picks up, and if we ask them they bang the phone.. I have also sent an email and i am not getting any Response. Disappointed by ING Vysya's customer service

Hi,

My PF account number at ING Vysya Life Insurance (previous employer): KN25113/4012
My PF account number at ICICI Pru AMC (current employer): MH/43369/00987

I have a copy of the acknowledgement from EPFO dated 24 Sept 2008.


Plz Guide

Thanks and Regards

Nitish Yaduvanshi
[protected]