[Resolved]  Policy Bazaar — False promise

Address:Bangalore, Karnataka

I applied for a loan of 100000 from ICICI bank through policy bazar. At the time of application they told me that I will get loan on : loan amount :100000 processing fee: 800 Rate of interest : 14.5 Loan period : one year. EMI:9002 . Now I got to know that they have approved loan of 103000 and I got only only 97464 in my bank account. Where RS 5536 is goes ? I don't know. All goes as pressing fees or they are doing this type of fraud without any fear in mind. Also I got to know that ICICI bank has approved loan on rate of interest is 17%. When I have I applied for 100000 how they can approve loan of 103000 ? I also don't get call before transferring money to my account. I was waiting for call so that I can ask my all query regarding processing fee and rate of interest but they transferred money without final verification call. They want to hide all those information because their main motive is to cheat public. Please have a distance from all private sector bank specially ICICI bank and also keep distance from fraud company like policy bazar. Regards, Swami [protected]
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Aug 14, 2020
Complaint marked as Resolved 
Policy Bazaar customer support has been notified about the posted complaint.
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Dear Mr. Singh,

We are sorry to hear about your experience. We have made a note of your contact details. Our official will get in touch with you.

Regards,
ICICI Bank Customer Service Team
It is approx one months and still they are seeking clarification from the department concerned.
I don't know what they are doing.
Every week they are sending same mail that they are seeking clarification from the department concerned and they extend one week.
I had very bad experience with ICICI Bank and Policy Bazaar.

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