L&T Finance Complaints & Reviews

Hi

I had a two wheeler loan account no 2249883 with LNT finance all dues are cleared from side as well I got NOC from the LNT finance but in which cibil I am showing a defaulter when I paid all due than why the company blaming me a defaulter there are having issue in there system company taken my signed on ECS FORM WHen I had taken two wheeler loan from the company but no one single payment debit from my saving account and company charged me penalty approx 6000/- now please resolve my issue asap

Hi team,

My vehicle loan was started in month of november 2015.

1) you guys didn't debited emi from my hdfc account. I have bank statement with me. Still you guys charged me for bouncing and late payment fee. This is ridiculous.

2) in month of may 2016 i went to your chinchwad branch to let you know guys that i will pay the june emi on 8 instead of 7 as my account was not funded but i did not get proper response from them.

3) the june emi was debited on 14 june from my account. Still you charged me for bouncing charges and late payment fee.

4) also my account was salaried account i told chinchwad branch to change my ecs from hdfc bank to maharashtra bank.

They told me that it not possible as there are only two emi's are pending. We will send someone to collect the emi.

5) you can check attached bank statement for reference where you can see the amount did not debited in month of november 2015 and ssalary did not credited from july 2016 to november 2016.

I need positive reply from you guys.

Otherwise i will take this issue in public forum or will take you guys in consumer cort.

One more thing i am not going visit to your any branch now.

You can call me after 6.30 on [protected] or [protected].

Thanks,

Nayan kadlag

Dear sir,

Harassing for additional charges
I bought a two wheeler in march, 2014 & personal loan april, 2015 after getting loan from Family Credit Limited (Now L&T Finance) with loan number [protected] wheeler) & agreement no.2278801 (personal loan)for which i have cleared all my EMIs for 36 months &24 months with out failing through ECS and EMI is completed march 2017 & april 2017.

End of the loan period one of the executive(Arijit & ph no-[protected])from Family credit called me for EMI and over due charge to be not paid, When i asked for the reason, the executive telling me to pay more 4359 + 1331 rupees.

(During the loan period i have always maintained sufficient funds in my bank account to clear EMI. Never i have missed an EMI)

Now, i got a call from Family Credit Limited(Now L&T Finance) asking me to pay an additional amount of Rs 4559/- &Rs 1331/- to get my NOC.

When i asked for the reason they said that this extra amount is for the cheque bounce charges.

I paid all EMI's on time to time besis, but now they are harrasing us and making us to pay more and behaving like rowdies and goons and taking rudly, so i'm thinking of file a consumer case ion the company.

The funny part about the Family Credit Limited is that they don't even use emails to communicate the issue, because once if they send any email on this issue they can be dragged to court .So they are calling at least once in a day from last 2months(Nearly i received 100 calls) to collect that extra money.

So my final request for all the seekers of loan is please never approach or apply loan in Family Credit Limited (Owned by L&T Finance).

Thanks & Regards,

BIKRAM MAITI

C/O-C.R.MAITI

VILL+P.O-DURMUTH

P.S-MARISHDA

DIST.-PURBA MEDINIPUR

PIN-721401

MOB.-[protected]

Dear team,

When I needed List of Docs of HL with you, initially I sent a mail for same. On follow up, I got a call stating that I need to visit nearby office.

When visited to your office at F C Collage road, heard so many surprises.
1) I have to pay 300/- to get list of docs
2) Foreclosure letter will be issued only after 15 working days from request received.
3) for Foreclosure letter I have to do follow up with Aurangabad branch as my loan was processed from there.

I think L&T is flooded with customers & hence such revert is been communicated to current customers.

Awaiting for response.

Regards

Nikhil Kulkarni
AURHL15000695
[protected]

At the time of bounce our ecs payment against 2 wheeler vehicle loan, nobody contact us immediately or no any message regarding same on registered mobile no. Immediately.
At the end of the said period, customer care person contact us and pressurised us to make the payment at any cost.
That time we are ready to pay the fine with the installment.
After bounce the ecs payment, the customer service person has to be contact us immediately to make the payment before the said period with all details like as address of service centre or details of online payment.
If we talk about the same, then they argue with us.

I have very bad experience with this company. Company employees are too pathetic mannerless. I am in patiala finance my two wheeler. A person name amrik singh channel manager call me early in the morning and misbehaving, a very pathetic person who don't know how to deal with customer using foul language. He said this rbi guidelines to call person from 7.00 am. I recommend people don't go with this company.
From
Harmanpreet singh
[protected]

I have been allotted one bond as details are given below-

Regds folio no. 21597945 certificate no. 315209
Name of holder - anil kumar verma
Series - 2
No. Of debenture - twenty
Distictive no.[protected]
Date of allotment[protected]

I want to redeem these bond but i have not received buyback intimation so far on my given address.

Please tell me process for redemption of these bond

Regds

Anil kumar verma
Mob: [protected]
Mail id: [protected]@gmail.com

I already had a mortgage loan (Blrhl[protected] and was paying emi with out fail from past 2.5 years. I have requested for top up loan, they have shown some invalid reasons and asked me to take new mortgage loan (Blrhl[protected] and they will foreclose the old loan from this new moan amount and remaining amount they will provide as topup amount. As myself and my brother were co=owners and my brother was going out of station for 2 months, we requested to take the necessary documents that is required to disburse the loan.
My brother left after signing the required documents, after loan was sanctioned the client relationship manager had asked for modtd to disburse the loan amount, for which my brother is required, i have immediately informed that my brother will not be returning for next two months, i will give what is required and when my brother is back he will do the formalities, for which they have not accepted showing technical reasons.

I have immediatley requested for stopping/ cancelling the loan as we can't provide the modtd, without the amount being disbursed they have started charging emi of (Rs 38, 936), inspite of repeated requests and even enclosing my flight tickets of my travel plans going out of country for long term, they have not taken any action and were asking me to pay emi of old loan & the new loan.
I have maintained the funds for old loan emi and not for new loan as it is not disbursed to me. And after multiple requests they have foreclosed my old loan on may 19th 2017, instead of new loan which i was requesting and charging interest for full amount which i have not availed.

Now they are asking me to foreclose, if can't give modtd and i am not happy with their loan terms.

I feel they have taken advantage of my position of being out of country and charging me interest and penalty on the loan amount which was not disbursed to me.

Sir,

Loan agreement no - okg002055r[protected] dated[protected]
Loan amount rs. - 375000/-
Equipment - tractor model john deer - 5038
Regn no - gj-24-b-8866

With reference to above details i, kiritkumar jethi, has to state that i have fully paid loan amount however, till date i have not received loan closure certificate / noc certificate.

Please provide statement of loan,...

L&t infrastructure bond, non receipt of maturity amount.
We have not still received the buyback form nor payment for following details.

1. L&t infrastructure finance co. Ltd.
2. Debenture long term infra bond service 2011&2012.
3. Certificate no. 1. 267924 2. 736525
4. Registered folio 1.[protected]. 11694632
5. Locking period 1.[protected].[protected]
6. Owner : karam singh
7. Amout : 20, 000 each
8. No. Of depenture: 40

For other details please find the attachment.

Regards
Karam singh

L&t infrastructure bond, non receipt of maturity amount.
We have not still received the buyback form nor payment for following details.

1. L&t infrastructure finance co. Ltd.
2. Debenture long term infra bond service 2011.
3. Certificate no. 736524
4. Registered folio 11694624
5. Locking period 22/03/2016
6. Owner : poonam
7. Amout : 20, 000 each
8. No. Of depenture:...

With reference to the above agreement we closed our loan dt 29.12.2016. We have not yet received the noc till date. We call them (In your trivandrum office) every day after closing of our l oan. Your executive inform us that, the noc will get you with in 15 days after the completion. We have very urgent in need of our noc. Now they have not pick our phone. Please do the need ful. We have contacted this number every 2nd day. But no response from their side. Please give me the concerned persons number which we have get the noc. We hope you take action immediately.

Thanks
Phone [protected].

I had paid all the emi's of my car loan agreement no:1827186, even after paying all their executives are calling and telling me to pay more 1000 rupees in the name of over due charges where i paid everything on time and even the missed emi of dec 2016 on april, though there was amount funded in my bank account where the ecs is mandated, but now they are harrasing us and making us to pay more and behaving like rowdies and goons and talking very rudely, so i'm thinking of file a consumer case ion the company. and also attaching the statement of my bank account which shows sufficient balance .

Register folio. No[protected], certificate no - 332168. Name of the holder - budha srinivas. Series - 2. No of debentures - 20. Distinctive nos[protected]. Date of allotment[protected]. *i want to redeem these bond but i have not received buy back intimation so far on my given address. *please tell me process for redemption of these bond
Regards budha srinivas, mobile no - [protected]. Mail. Id - [protected]@gmail.com

Sir according to loan ac no -2998630, i found the account of l& t finance showing balance over due rs. 3392/- of may 2017, but i have made payment on time to time up to dt: 05/05/2017 through ecs, but till the day cibil showing balance over due for month of may 2017, please check proper & made correction accordingly the same as earliest possible.
My detail as under:-
Name:- rajesh ravindra palav
Date of birth:- 21/mar/1994
Pan no: cevpp9888j
Tel no. (Mobile) [protected]

Hello,

Here with the reference to the above mentioned subject i request you to take action against the service person who had call regarding the bounced emi of l&t finance for mr. Kishor deelip ahire (Relation-brother)

This is third time we are facing the same issue as that girl dont have the sense of how to talk with the customer.

The details of loan and the received call are as belows:

Loan account name: kishor deelip ahire
Contact no:[protected]
Loan for:honda activa
Location: nasik maharashtra.

Call received from:
[protected]:22 pm on 30/05/2017
[protected]:21 pm on 30/05/2017
[protected]:17 pm on 30/05/2017

We are waiting for your kind support and the reply. Please do it earliest.

Thanks & regards...!!!
Roshan deelip ahire,
Nasik (Maharashtra),
[protected] / [protected]

Sir acording to control order no[protected], i found the account of L& T finance showing balance due Rs. 13346/- but i have made full payment for the same on 9/12/2016 without any settlement as full and final payment, i have NOc for this of dated 9/12/2016 but till the day CIBIL showing balance due, please Made Correction accordingly the same as earliest possible.
My Detail as under:-
Name:- Mohd Rafique Khumani
Date of Birth:- 05/may/1964
Pan No;_ATJPK8338F
Tel No.(Mobile) [protected]
(2) Id No.:-CDS[protected]

Dear sir,
some fraud people taken loan from L& T finance with the help of internal team of L&T without verification of original document /physical verification.
One loan account no 2252266 Vehicle scooter loan showing in my cibil report. It has been taken using fake document but in my name.
I have not taken any loan . This is total planned fraud happened between with some fake people & employee of your company.
Pls take strict legal action against team involved in conspiracy. and delete my relationship/KYC from account.
I am filling case against company for such corrupt process for using my data for issuing loan without any verification.
regards
Avdhesh
[protected]
[protected]@yahoo.co.in

We purchase TATA ACE ZIP in 2015 in Satara Maharashtra, Your Recovery officer Mr. Vishal Nalawade talking with us very arrogantly & Threatening us.
I humbly request you do not send this type of employee who don't have manner to talk with person.
Also I continously followoff my Loan status but know one answer me. they gave me some redicules answer like you call our pune office, I am new join employee etc.
My Customer ID 1156169

Please send me my statement on [protected]@gmail.com

Regards,

Santosh Sawant

Dear sir,

Actually i had insurance from l & t... And before some days i had a accident.. Some part of my car was damaged... So that i applied for claim.. After checking all detail and my car.. Fully claim not accepted by inspector.. Give us some unacceptable reason... When my car is repaired.. I dint received my claim amount. Almost 14 days spent on this incidence... ('my claim no. C[protected].. I called to inspector many times.. But he din't pick the call..

Thanx & brgds
Ca sumit jain