Karur Vysya Bank Complaints & Reviews

I have never taken any loan from Karur Vysya bank, but still, a loan of Rs.12000 is reflected in my CIBIL report. Kindly take action.

The Consumer loan account number BAL21E[protected] don't belong to me. But this account is linked to my PAN and reported in CIBIL. You are requested to immediately remove and delink these accounts and confirm to me and report to CIBIL as well without any further delay. Failing which I shall be compelled to sue the bank and demand damages...

Sir,
Myself (Abhirami.R) initially approached KVB Bank for mortgage loan of Rs.10 lakh against property located at Peravoorani branch.My request date is 27 June Application reference no App-[protected], but I have sent them property documents and other listed documents for loan prior to that.Totatlly opened applications App -[protected], [protected], [protected], [protected], [protected] for processing Rs.10 lakh loan.
My loan was processed and I got mail from them with Terms and conditions accepted on 28 July 2022 for in principle digital loan sanction of Rs.857710 and Si captured details on 16 th August stating the account no [protected] .I already informed not to credit the loan proceeds to my salary account and to open a separate Sb account .But it was informed that mail will be mentioned to set it emi repayment to salary account only but you can transfer the emi amount to Sb account . Due to my work schedule I informed them I can't come again from Chennai to peravurani further for signing documents and please disburse credit at the earliest. They told to open sb sccoubt manually it will take a week so asked me to download dlite app and instantly account will be opened. I did on 16 august and My sb account no is [protected] but next day I got call for kyc verification. It was informed by Bm that account is not active and, to visit any branch on 22 august and to do biometric login, I went to dhandapani street mentioned them about Dlite account opening but they asked my for kyc proofs and photo, but what was told by bm peravurani is it is just few min work to do biometric login verification but Chennai branch told me they will courier all kyc to peravoorani branch for activation on 24 August. Later Bm informed there is error in opening sb account and asked me to further visit Dhandapani branch for biometric login .I again went and did biometric verification and informed him to check whether it is done on 26 August. He told it is over and credit will be given .but again they told me to visit peravurani branch for opening sb account. I went on sep 1 from Chennai for this but after obtaining fingerprint they told it will take 2 hours to get updated. But later they told they will do manually for activation .Though my request is for Rs 10 lakh I accepted for 8.57 lakh sanctioned amount and also processing charges 3 percent of loan amount plus gst . When i enquired with Bm, he told it is 3 percent for unsecured loan but in website of kvb it is mentioned only 1.50 percent He didn't answer me at all .inspite of all this I kept quiet and accepted for all charges since I can't wait for more and I was in urgent need of funds and so I signed all loan documents which I received via courier and sent them back on 20 August. Till today the issue is not resolved and informed them if there is any further delay I will switch to any other bank on 26 August but they assured me it will be done. I waited till 3 pm for loan but it is not done .I approached Hdfc bank and I have availed loan of Rs.10.50 lakh at Roi-10.25 % and processing fee of just Rs.4971 and no hidden charges . It was told Tat processing time is only 3 days but I waited for 2 months .Due to inordinate delay in processing and disbursement of loan I don't want to avail loan from Kvb . If any loan amount is credited and processing charges debited I will be forced to take legal action against this bank
.Also please don't credit loan after your sb account issue is solved since I have already availed today Loan from Hdfc Bank, Chennai.
I hope you are also aware of clause 8 of the banking ombudsman scheme under which one can raise complaint against delay in disbursement of loan .Kindly hand over my loan documents back to me.

Karur Vysya bank had put a fake loan using my personal details that is impacting my cibil score ! I had never in my life even interacted with these fraudulent losers !
Request to close this asap and do the necessary action yo clean up my cibil !

Hii,

I had a loan amount of 6000 showing in my cibil score and I haven’t taken any loan. Kindly close all my loan account towards your bank as soon as possible my details would be as follows
Name : Sagar Chhillar
Pan: IPVPS3737E...

Hello Sir/Madam,

I have not taken any loan from karur Vysya bank but it is reflecting in CIBIL report that I have a loan from them for 8000 rupees. This is present for the past i months

Could you please check and get it removed from my report?

With regards,
Sreekar Swarnapuri Pandadu

I have not taken any loan having from Karur Vysya but it is reflecting in my CIBIL report.my PAN is cumps2864N. But the loan of 20000 is showing active in my account.my name is sandeep singh and my card number is cumps2864N. Plzzzz resolve it....

I have not taken any loan from Karur Vasya Bank, but it is showing on my credit score report, affecting my credit score. Please take actions and close the loan account

Hi team,

I was just checking my civil score and coincidentally, I got to know one of the loan which I have never taken from Karur Vysya Bank.

Disbursed amount is 16k and current balance is 533 and last month it was 400 around. I have attached the screenshot for the same. I have not received any consumer loan amount from KVB. Please do the needful in this because it has been affecting my civil score.

Thanks for your support.

Regards,
Tanuj Gupta

Hi,
I was checking my cibil report and I saw unknown loan amount has been credited from Karur Vysya Bank without my consent and to my knowledge. I have never applied any loan from this bank and it is showing as credited to me. Please take a proper action against this fraud.

Hi,

I have not taken any loan from Karur Vysya bank but it shows a consumer loan under my name since 10th feb 2021. Kindly help to get this removed.

Thanks,
Animesh Singh

I have not taken any loan from Karur Vysya Bank, still a loan of rs 8000 from them is showing up in my credit score. How is this possible ? Please take action.

Wrongly updated Consumer loan on CIBIL

I don't take any loan in Karur Vysya Bank.

I have not received any consumer loan amount in KVB. But in Cibil credit report showing Karur Vysya Consumer loan DEL20E[protected] starting date[protected] is active of amount 8000/-

Without my knowledge how can this bank done this.

Please help here in getting this fixed

I have not taken any loan from Karur Vysya Bank, still a loan of rs 8000 from them is showing up in my credit score. How is this possible ? Please take action.

My kvb account was closed

My CIBIL Report of 1 August 2022 is showing a loan from Karur Vysya Bank is Active, when it is already closed on 30 September 2021. The account Number is KARUR VYSYA CONSUMER LOAN HYD20E[protected]. Please inform COBIL that the account stands closed.

I never had any interaction with Karur Vysya Bank . But, recently I noticed that a consumer loan (Loan#: BAN20E[protected] is tracked in my CIBIL report.

This is fake loan with Karur Vysya Bank against my PAN Card. I need to know more details of the Loan - who applied, amount, and loan default amount.

Also, my CIBIL score has been low with this transaction.

Please resolve it.

Consumer Loan is showing in CIBIL report. It is fraud.

I have never had any interaction with Karur Vysya Bank for any transaction over my life. Never had taken loan.

Date of take showing sep 2021

This is fraud done by Karur Vysya Bank against my PAN Card.

Please resolve it

Hi,

Consumer loan closed but it was not updated closing status in CIBIL report. due to this reason my CIBIL score not increasing. Please update the status

My Name : Narender Alikatte

I could see karur vysa bank 8000 loan in Cibil which i didn't taken in my life. Kindly help me to resolve this.

Including consumer loan of

Idfc first bank as 70000.

Early salary service 5000
SBI 40000