[Resolved] Reliance Commercial Finance — Interest Free Loan | |||
On 6th May, one Mr.Navneet, claiming himself as an employee of Reliance Capital, called me from No. [protected] and has offered me interest free loan of Rs.2,00,000/- , to be repaid by me over a period of ten years @ Rs.20,000/- per annum. Against the loan, one Money Multiplier Plan will be issued in my name, which will act as the Guarantee against the loan by the company and the returns of the Policy will go to Reliance Capital. He asked me to send documents, two passport photos along with a cheque for Rs.20,000/- addressed to RCL as my First Annual Premium/ Loan Repayment amount. My doubt arised there. Without filling any form, without my signature, without issue of policy, without sanction of loan, how one can demand its repayment in advance??? He has e-mailed me Brochure, from Mail Id. vikram.[protected]@gmail.com, which is just a Loan cum Hypothecation Agreement Format of Reliance Commercial Finance, which has in no way related to my Loan/M.M.Plan. He has sent me message from No.[protected], to send my documents to the following address :- Amit Sharma, Reliance Commercial And Finance Co. Ltd. E2-49, Shastri Nagar, Near Metro Station/Sabji Mandi, New Delhi - 110052 Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
Comments
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
Read more
17%
Complaints
162
Pending
0
Resolved
27
+91 22 3047 9800
'H' Block,1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai, Maharashtra, India - 400710
View all Reliance Capital contact information
We would further like to inform you that there is no employee by name Navneet who was officially authorized by the company to make such offer of 0% rate of interest. The telephone number and email ID through which such Navneet contacted does not belong to us. We thank you for bringing this to our notice and we shall take appropriate steps in this regard.
Further details on our products are available on our website i.e. www.reliancecommercial finance.com. We would request you to go through our website OR visit to our branch offices. You can call us at our toll free number i.e.[protected] during 9:30am to 5:30pm (except Sundays, 2nd & 3rd Saturdays and public holidays.) However in case you wish to raise your concern with us you can write us on [protected]@reliancecommercialfinance.com.
Additionally, we request you to provide us a written complaint letter at our branch offices in your nearest location, so that we can investigate the matter further.
Customer Care
Reliance Capital Limited
Commercial Finance Division"