L&T Finance Complaints & Reviews

I had availed a loan of rs.2, 05, 500/- from your finance to purchase tata magic iris in the year 2012 as per agreement no. Kgb 126036r[protected]. The above finance amount has be paid as 48 monthly installment of rs.5754/-. I had cleared all the 48 installments in time. All my cheques given to you were also cleared. The statement given from you itself stated that all the 48 installments was cleared. And above all you have also issued no objection certificate for releasing the hypothecation agreement in the name of motor vehicle departments.
Since i had made some default in paying installments, you have included my name in sibil. Now i cleared all my payments and so you have to report the updated information and the present status on the account of credit bureau ie you have to remove written off status from my credit history.
Hence i request you to remove the written off status by updating information and the status on the account of me to the credit bureaus.

Adv.Susanth Chandran
Chandralok
North Fort
Mavelikara
Alappuzha Dist
Kerala State
Mob.[protected]

[protected]@gmail.com

Dear sir,

In accordance with your advise which can be trailed below, i has sent two letters in two envelopes as under:
1. For transmission of the bond to the registered nominee, i had submitted:
1) request letter,
2) original bond certificate, original or notarized death certificate of deceased holder,
3) banker's verification letter for signature registration,
4) pan photo copy duly self-attested.
5) nach mandate form (Enclosed).
6) self attested address proof

2. For redemption of bond, i had submitted:
1) form of acceptance duly completed and signed in accordance with the instructions contained in the encosed form.
2) original bond certificate (Compulsory). (Payment will not be done if original bond certificate is not received).
3) a cancelled cheque of your bank account having your name, ifsc-code, micr-code on it.
4) self attested copy of pan card
5) in case of change in address self attested copy of address proof.

These two letters were addressed to link intime india pvt. Ltd., c - 101, 247 park, l. B. S. Marg, vikhroli (West), mumbai - 400083 vide speed post no. Eo[protected]in & eo[protected]in sent on 19.12.2017 those were delivered to your office on 21.12.2017 at 16.55 pm. (Scan copy of download of the tracking record attached). The original bond certificate was enclosed in first envelope and the second envelope contained the records as called for by you. The second envelope clearly contained instruction tha the original bond certificate is sent with application for transmission.

It is unfortunate that, all my documents for bond redemption were sent back. I had called up your helpline number which was directed to mr. Ajit having phone no.[protected], who after deliberating all facts confirmed that, the original bond certificate is available with you and asked us to send back the same document couriered to us. Then we spent further on speed post and sent back all the documents adding thereto the aadhar card of all the nominees as has been discussed over phone. After 15 days, again the same documents were returned with the same old comments. On inquiry over phone, your representative informed that, the original bond is not available with you.in the due course, mr. Ajit which had confirmed availability of original bond abstained from picking up the phone.

In these circumstances, i feel harassed and disturbed about your behavior. There may be two possibilities. Either the original bond is misplaced by you or some one of you has been playing mischief with an intention of personal gain. My several calls to your prescribed help line no. [protected] is a waste as the same is probably out of order. I have not been getting any satisfactory reply from your no.[protected].

Kindly take this as a notice from my side and reply with all details with in 24 hours failing which, i shall have no alternative but to approach other forums for redressal of my complaint.

Thanks & regards,

Puspanjali dash
15.02.2018
The above letter was submitted to link in time through their mail id. Kindly take the details and help me in redress the complaint. The bond details are as under:
Type of instrument : debenture certificate long term infrastructure bond 2011a series
Isin : ine[protected]
Certificate no. : 516187
Regd. Folio no. : 10161878
Series : 1
No. Of debentures : 20 (Value rs.20000/-)
Distinctive no. :[protected]
Date of allotment : 23/03/2011
Form of holding : physical
Name of the holder : saroja kumar dash
Name of the registered nominee: smt. Puspanjali dash
The holder has expired and the transmission of bond to the nominee has been completed by the agency.

I have availed a personal loan of rs.75000 dated[protected] and report date is[protected] and my account no.is 392853 and i have settle all the loan amount. But in cibil record till date my account is in active postition and current balance of Rs.43, 996 is still outstanding in my account. Please verify your records and update in your records in my account. Please update also in my cibil account.Or please intimate me by mail I will come to the nearest office of yours and i verify my account with you. or tell the phone number if any contact person. Now I am in pollachi coimbatore district tamilnadu and I avail loan from pollachi and clear loan in pollachi Please update the account and clear my cibil account thank you sir

Hello concern,

I have to close my two wheeler loan, please anyone tell me the process.
Now i have moved to new city so need to close the same

My loan account number is : 3203814
Please suggest the outstanding principal to be paid and also please add any facility on your website to check it online as at present it is not available

M: [protected]

Hello team,

I have given surety for a known person for his two-wheeler purchase on jan 2015. He paid the emi's correctly for 1 year later he stopped paying from dec 2015. The l&t finance team had come to my home with a cheating complaint on me then after immediately i had taken the bike from that known person forcibly and handover to the team on jan 2017 but, till now they haven't closed my account. I was most affected with my cibil score, i am unable to apply for any loans.
Please solve me from this issue with that company and close my account.

Thank you.

Dear sir
I would like to inform that our agreement no. Is 1461049 for two wheeler loan. I was suffering from lots of problem that time, so i can't pay on time.
Now i have paid all amount according your staff asking at sakchi branch. Last year & my noc ref no. Is 27042016/fc/jam-63/24430, dtd
27 april 2016.

Sir i requested to you that please remove our name from cibil list. This is needful to us.

Thanking you

Your faithfully

Muneshwar mall
[protected]

Sir/madam
I had purchace a bike splendor plus with l&t finance, total 45000 rupees approved for my loan i have pay 2 emi proper, my ecs has been genrated but on 5 feb 2018 no emi deducted from my account.
I had sufficient balance in my account since 6 months i m very dissappoint because this is not my fault and this effect my cibil, i have attached my account statement since 1 months 1 january 2018 to till date 09 feb 2018 it proves that i had maintain my sufficient balance but emi has not been deducted please resolve my issue as soon as possible.

With regards to my previous comment, i paid the outstanding amount in l&t office, hyderabad on 22/12/2017, last 39 days i am following for my noc and clearing from civil also. When i paid on 22/12/2018 they told me you will get noc after one month so i visited 23/01/2017 they said not yet ready again they told me call us on after one week so i called 29/01/2018 they said please send me the receipt copy why you have all the received and you have one receipt copy which i signed so i am confused now i am waiting for noc urgent to apply new loan with some other bank till now 39 days passed already how long i have to wait. Please requesting you to issue noc asap.

Mobile : 0091-[protected]

I had availed a loan of rs.2, 05, 500/- from your finance to purchase tata magic iris in the year 2012 as per agreement no. Kgb 126036r[protected]. The above finance amount has be paid as 48 monthly installment of rs.5754/-. I had cleared all the 48 installments in time. All my cheques given to you were also cleared. The statement given from you itself stated that all the 48 installments was cleared. And above all you have also issued no objection certificate for releasing the hypothecation agreement in the name of motor vehicle departments.
Since i had made some default in paying installments, you have included my name in sibil. Now i cleared all my payments and so you have to report the updated information and the present status on the account of credit bureau ie you have to remove written off status from my credit history.
Hence i request you to remove the written off status by updating information and the status on the account of me to the credit bureaus.

Dear Sir,
My nephew New apache bike got lost on 11th Oct from Malda Town, West bengal. Same day informed to police station with incident CCTV video and they assured that they try to find out after two days verbally informed to finance and L&T insurance representative.Each and every day we were met in police station to know about Bike but finally police was not able to find out the bike and GD has given to us on 24th Oct-17 and claim to L&T, as per requirement all documents submitted and enquiry also had done. In the mean time many time we asked to L&T representative about the claim and every time assured to us that process is going on and claim amount you will get after 2.5 to 3 months. Finally now ask that claim has been rejected due to time gap of Bike lost and DG date. Also same information given to police station after police getting information he wants to talk with L&T representative but Mr Indranil Bannerjee was not agree then police suggested to do case in coart against it( Mr Indranil was handling this case).

This is my complaint that there was no a single mistake from our side but why claim is being rejected.
Details
Insurance no[protected].
Claim no[protected].
Bike onwer name is Ranjan Mandal.

Unrespectful from the manager arun pandiyan, thudiyalur branch.. Behaving very rudely and using bad words to the customer.. How u can having such a bad manager in your finance it's ridiculous. Such a worst branch in thudiyalur.. His behavior was too bad and it will hurt the customers.. And way of talking is worst it's not personal but it hurts all the customers. He throw the form in front of all the employees.. Take a necessary action..

Bill number: ltf/40023394/2016-17/016
Sir,
I am work for good faith, on lok adalath conduct on 24th november 2017 at trivandrum as per the rate fixed by discussion total amount of rs.18300/-. The work and lok adalath done, on very next day[protected] am send the bill as per sandip sir's mail on courier to mumbai legal section of l&t finance. That received on[protected] on mumbai. But till date my bill was not processed or debit to my account. Sandip sir says it's 45 days for processing the payment, but now present[protected] it exceeds 45 days. Am disappointed your office services. I want a confirmation mail from your office, when the payment get. Now sandip sir didn't attend my calls.
So your office give me the reply for above said, with in 5 days otherwise am proceed for legally.
Your office totally disappointed the legal family.
Thanking you
[protected]

With regards to my previous comment, i paid the outstanding amount in L&T Office, Hyderabad on 22/12/2017, last 39 days i am following for my noc and clearing from civil also. when i paid on 22/12/2018 they told me you will get noc after one month so i visited 23/01/2017 they said not yet ready again they told me call us on after one week so i called 29/01/2018 they said please send me the receipt copy why you have all the received and you have one receipt copy which i signed so i am confused now i am waiting for noc urgent to apply new loan with some other bank till now 39 days passed already how long i have to wait. please requesting you to issue noc asap.

My loan no. Kgb121027r[protected] the agent of l&t is not coming to collect emi in summer and no call from them side but at sudden now they appear in winter time when here is lack of money and they come to collect there overdue if i would this much rich why would i take loan so please think about it don't harass people like this
And i will pay this as soon as possible
But for next time please collect every month the emi

Im girish, taking two wheeler loan from l&t finance agreement no - 2857629,
My loan tenure will be 23 months rs 3741, from last two months im unable to pay my emi, recovery agents called me and harassing me i have told that to seize my vehicle, but they were not ready to take, daily they were coming shouting at me in my road, before that in my street they were searching me by showing my photo, this is what they serve to customer, l&t finance sending rowdys to recover the amount, i suffer lot by this guys, manager name will be deepak he very rude on talking, if im not paid kindly take my vehicle sunil hm -[protected] he shouting on me by calling fraud, im paying promptly 16 months by any delay im not expecting such behaviour

I was having a 2 wheeler loan in 2014, and it has not got closed yet i am struggling to get noc but they are more asking for money i know i have to give 6000 but they are asking 15000 and i asked 9000 left is for what they are it's the charges which you have to give to get noc... I have only loan account no which is 1857054, and they are asking i don't know what and all, please help me to close my account and get noc asap pls.

​​hi there,

Yesterday (22 jan time 03:31 pm) i received the call from your kolkata office mob number : [protected] (Name : sumantra talukdar) the person was saying why you have not payed last emi (18) of your loan, i said send some one at my home with my noc and he collect payment from my home, he replied me very foul and said that we are not your nokar, i said so am i your nokar, he said yes you our nokar.

So just clarify these word nokar and way talk to customer of your representatives.

Loan no[protected] wheeler loan)

Awaiting for your quick response.

Arti/[protected]

I am nikhil kabre, i had taken loan for jupiter tvs from l& t finance fc road pune in 2016. All my emis were paid on time. This january 2018 was my last emi which was missed due to some misunderstanding on my side.
I started getting very impolite and rude calls from your team from mobile nos the name of the girl is dipti deshmkh who was rude and impolite. She is in punne branch.
I strictly condemn such behaviour from your staff and demand an apology from her.
My contact number is [protected].

I m abhiraj devarajan ezhava my bike loan is in l&t finance ltd surat & my loan no is 3115853, my mobile number is [protected]. I want close my loan, the officer asked the last transaction of my bank a/c in which my emi were deducted. I had said i will give u sbi atm statement. Then the officer is saying atm statement is not valid in there company. Sir the sbi atm machine is made by the under the government (Rbi) how that officer can say that sbi atm slip is not valid for that company, l&t company is bigger than the government

My name waseem akram from sangardddy, telangana state, i took personal loan in the year 2008 for 3 years i paid throught account pay monthly at last i dint take noc my because i left to gulf country i didnt get time to take noc recently i came to known there a balance of 775 rupees due now i want to clear the payment and to get noc as well as remove name from civil complaint. My loan no. 119716.
Thanks
Waseem
[protected]
Hyderabad