L&T Finance Complaints & Reviews

Dear sir,
I have taken loan for two wheeler vehicle in the month of sep-16 and my loan no is:29732676, but unfortunately the cheque was bounced due to insufficient fund in my account, how ever i have promised your customer care that i will pay it by cash on or before 28/04/2017, but failed to pay due to some scheduled business meetings, but one of your customer care called me on my mobile on 28/04/2017 and spoke in a very rough manner...

My Home Loan Account Number is MUMHL15000318. Since 10th Jan 2017 I have asked the L&T Finance team that I want to transfer my loan to other bank and hence help me with the process, I have asked multiple time the Manager Rakesh Popat, but still my work is not done. If it is not doable then I would get it done by raising a police complaint. Failing to respond and act on my complaint will surely lead me to take legal action against L&T Finance because I have already had the financial loss by not switching to other bank due to L&T Finances incompetent management hence I am all set for the legal battle.

I took a loan for commercial vehicle for rs. 20, 00, 000 and 18, 00, 000 respectively and the same was duly repaid and i have even received no due certificate against both the loan. But as per the cibil report there is showing an overdue amount of rs.4593.00 and 11, 434.00 respectively. Please help and suggest how to get my cibil report corrected as it hampering both the owner and the guarantor.

S.sarpudeen.(, VEHICLE NO TN19P8763 ) i am the client of your concern. i had a problem (ie) i called branch office and customer care today[protected] for collecting my loan track.but there is no response and also very irresponsible in their service. its very hurt to me. kindly note this complaint and reply as soon as possible regard this problem
contact no_ [protected]

-The rate of the interest charged by L&T Finance is 9.65% p.a which is very high as compared to the market rate 8.50%.
-They donot have a proper customer service, and the executives are not well trained and educated about the product and details.
-The operational departments are not at all helpful, and respond to mails and queries after several followups.
-The service is absolutely poor.
-They harass the clients.
-No centralized documents centres.

Since I have faced a lots of harassment and still struggling with it, I would suggest everyone not to opt for L&T Finance while applying for any kind of loan.

Dear sir, I have availed Home finance with L&T Home finance from Feb'2014 to June 2016, Loan has been closed but noc not updated in cibil, still it is showing as non closure from cibil there is many reminder sent to mentioned finance company but still no more action taken mail copy mentioned below kindly do the needful

Dispute Interim Response
Inbox


[protected]@cibil.com via fc.dom-west.sendeth.com
Apr 14 (2 days ago)

to me


Dear Mr S VICTOR SEBASTI,

We refer to the dispute raised on your CIBIL report dated 01/12/2016. Your Dispute ID is CDS[protected].

We are awaiting response from the below mentioned Credit Institution/s & are following up the process.

Please find below the updated status.

Section Account/Enquiry details Status of Dispute
Account LNTHFL - CHNHL14000531 Reminder sent on 13/04/2017
Account LNTHFL - CHNHL14000473 Reminder sent on 13/04/2017
Note that CIBIL cannot modify any information in the database without confirmation from the relevant credit institution/s.

Always at your service!

Regards,

Consumer Services Team
==================================

Dear sir/ madam
I informed you that i having an users of your organizations. I declared here i have taken a two wheeler loan for my bike honda cb unicorn and my aggrement no.3112373. But., recently i am suffering for my bank ecs

So, kindly i requesting you please resolves my issues and do the needful for my processing

Thanking you
Santosh mahapatra
Mob no. [protected]

Dear sir,

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

Regds folio no. 21741647 certificate no. 329579
Name of holder - anil kumar srivastava
Series - 2011b
No. Of debenture - twenty
Distictive no.[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.br...

Hi
I Malkeet Singh decided at Moti Nagar . Somebody has took the auto loan on my behalf . Which i never ever applied for that . I just got my credit report. It show that auto loan was take on 04/05/2012 . I have the account number which helps to find out. Account # is : APC 152028R[protected]
Please help me out for this concerns and please remove it from my credit.
I never ever received any money on my bank account regarding the same.
I request you do the needful.]

Thanks and Regards
Malkeet singh
email id : [protected]@ymail, .com

श्रीमान जी मैनें कार का लोन लिया था मेरा ए जी नं0 1800275 है मेंने जब लोन लिया था 35 किस्‍त के लिये चैक दिये थे जिनमें से 10 चेक समय पर लगें उसके बाद चैक नहीं लगा फिर मुझे बतया गया कि अब आपके केस पेमेन्‍ट करना है तो 15 किस्‍त मेंने केस जमा कराया बरेली बिरार्च में और फिर 10 चेक दिये जो लास्‍ट 10 किस्‍त के लिये जो कि बरेली बिरार्च में देव्ेन्‍द्र सिंह दावरा कहा गया कि आप 10 चेक देदे तो पूरी किस्‍त हो जायेगी। कंपनी दारा नियत दिनांक पर चेक या केस जमा न होने के कारण 600 रूपये की पेनाल्‍टी बना दी गई है। श्री मान जी से यह जानना चाहता हूं कि मैने चेक कंपनी को दिया और कंपनी ने ही उसमें राशि और दिनांक डाली लेकिन नियत दिनांक को बैंक में नहीं पहुचा तो ये किसकी गलती से हुआ है जिसकी पोनाल्‍टी मेरे लिये देने को कहा जा रहा हैं।
श्रीमान जी से निवेदन है कि मुझे यह बताय कि 35 किस्‍त के लिये में 45 चेक दे चुका हूं तो बाकी चेक जो नहीं लगें बो कहा है और चेक समय पर बैक नहीं पहुचा तो इसका भुगतान में क्‍यों करू जबकि पूरे तीन साल के समय में कभी भी मेरे ऐकान्‍ट में रकम कम नहीं रही न ही कोई चेक वाउस हुआ ।

क़ष्‍ण कुमार लोधी आ0 श्री मोहनसिंह लोधी निवासी कुण्‍डाली तह सिलवानी जिला रायसेन मो0 [protected]

Hi,
I Abu Talib khan have taken a car loan agreement no 1859122...due to some financial instability i could not make payment on time.
But from last 6-7 months my payment is on time via ecs from my given bank details.
Now i wish to get rid of all my outstanding as soon as possible and related to that i have send my staff to ur office at Technopolis 7th floor kolkata 91.
I was shock to know ur executive named Ranjana Mondol at technopolis office...is most of the time not in the office nd on top of that she is not willing to give the complete answers to my queries, she also said my staff that you dont waste my time nd go and sit outside..i asked my staff to hand over the phone to her so that i could speak...for once she did spoke with me but before my queries were to answered she handed over the phone to my staff.
Is this the reason why you have kept staff to insult customers who wish to make payment.
Please look into this matter seriously and request you to reply me as soon as possible.
Thanking You!
Abu Talib khan..[protected]...

I purchased a hero motocop scooty on 30th december 2016. My loan aggreement is 3146091. But i m not in receipt of my loan agreement details. I don't even know the details of my loan aggrement of my loan such as rate of interest, down payment details, other charges etc. Please send it at my address or at my email id [protected]@gmail.Com or at [protected]@gmail.Com

I have taken eicher242xtrac tractor finance by l&t finance the finance amount is rs -272250/= i have paid installment rs (9900) regularly but ihave fore close this loan (Agreement no-okg829024f[protected]) on 25/11/2016by the cheque amount rs165000/= but loan account is not close. Company massage me your installment is due. After this one installment rs (9900) deducted by l&t finance company fro my account what is problem i dont now please solve this problem which is created by the company

I had an housing loan with your company from 2014 at bangalore branch, i had to exist from the loan account by closing the loan due to following reasons 1. The time taken to sanction loan was very high.
2. Each disbursement after demand is provided has taken more than 1 month & i was penalized by builder for delay payment by interest.
3. I had been mailing to your customer care as well as the loan account incharge but will not get response at all.
4. The dont have complete information on the loan account & blame us since the information on loan is not update properly in the branch & i had to followup more than 3 to 4 time to your branch to close my loan account to get the fore closure statement.
5. Even after that they had left one more insurance loan account for which i had to pay extra amount to close the account. Since i had no other option i had to clear the amount, which even the loan issuing branch did not provide me.
6. Again now after clearing all the dues as per your requirement the loan closure & noc with documents still not received after 2 weeks.

Its been an experience like going to a government office to get my works done... & we get all the blame from your staff that you should know it... That the answer we get if we ask which have you not provided all the details...
But i never thought l & t group is in such condition...

महोदय,
मी चैतन्य शामराव अहिरे आपल्या finance company कडून दुचाकी साठी कर्ज घेतले होते मागील महिन्यात पगार न झाल्याने हप्ता भरू शकलो नाही.
आपल्या कडील recovary agent घरी येऊन हुज्जत घालून गाडी उचलण्यासाठी धमकी देत आहे .
घरातल्या स्त्रियांकडे अरेरावी ची भाषा करणे.
कृपया मी माझा हप्ता 31/03/2017 पर्यंत भरून टाकणार आहे
आपणाकडून त्यास समज मिळावी हि विनंती

Some devcon private limited availed loan amounting to rs 60 lacs on my name with support of bm of l& finance from bilapsur branch.
Now i am getting legal notice from l & t its self form paying

and these people are caught by police and the person behind was the bm of l& finance who xeroxed all documents which was submitted for some other finance purpose

pls help

sushil kumar agrawal
[protected]@yahoo.Com

[protected]

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

Regds Folio no. 20216271 Certificate no. 121627
Name of Holder - Mahesh Kumar Rajotia
Series - 1
No. of debenture - Twenty
Distictive no.[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

Regds

Mahesh Kumar Rajotia
Mob: [protected]
Mail id: [protected]@gmail.com

I have submitted the Original Bond Certificate, payback filled form and a cancelled cheque through the Speedpost to get back my money. This was in reference to L&T infra 5 year payback offer which was issued by the company in 2011.

But I did not get the money, After enquiry, they are saying they have not received the original bond certificate, as a result of which my request has been rejected.

My folio Number[protected]

Respected Sir

I have 2 loan account (PUNHL[protected] LTHFL) & (PUNHL[protected] LTHFL )
Both account EMI date is 9 th. but my salary happens on above 13th in every month. Many times i request to Pune branch to change my EMI date to 15 th of every month. But they are not responding. so every month ECS is bouncing & i unnecessarily punished by Rs. 6000/- in last year. This is not good. Many Times I tried to Convey to Recovery team from Pune but they are relate me very rudely.

L& T Finance is not issuing my NOC though I had paid full & Final Amount on 19/11/2016, No proper reply is recd from them. Mr. G PATTABI RAMAN Grievance Redressal Officer never picks his phone D +[protected] given in his signature. When I called customer care they says matter is in GRO department & when i called in GRO department they are saying matter is in GRO Email department & they cannot reply on the matter & asked me to write in mail & they are not replying on it .

File No APC153147R[protected]
mail id are [protected]@ltfs.com, Babu R,