Bajaj Housing Finance Limited Home Loan

While taking loan they will not inform all the things to customer. In my case in Bangalore, the ASM signed on the loan document on my behalf and added insurance. The insurance is also not with Bajaj but with a third party. I put my foot down and told him that I will not sign on the loan insurance document at all and I did not. I had to literally fight for 2–3 months to resolve this issue with Bajaj team. They are the worst liars and cheaters.Bajaj finserv(bajaj housing finance limited) is not a good company to take any loan. Their sales people does not give clear information while taking loan. They will tell you that your loan is floating interest rate loan but when the interest rates are reduced from government side, they will not change it by themselves. When you realize that it did not happen automatically and reach out to them they will give you a clause loan is linked to BFL FRR. and Any change in BFL FRR is approved by Asset Liability Committee(ALCO) of the company in line with change in Cost of Fund of the company.

What a BS reason to defraud people.

But when the interest rates are increased from lowest rate and even though you are at the higher interest rate, they will increase the interest rate by saying the same reason as Asset Liability Committee(ALCO) of the company has decided to change the interest rate in accordance to change by RBI.I had worst experience of my life with Bajaj Housing company. I will never recommend this company to anyone.

There website will not allow you to enter review if your rating is less than expected. See screenshot.

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Some lady (Harshita) mob no +91907602xxxx claiming to be from Bajaj Finance is making spam calls.

Please stop her calls.

In all fainess I explained that I will be bringing her spam call notice to mouthshut.com. See her sms to me -attachment.

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I had a very bad experience with bajaj finance. The employees keep on harassing us for the payment of EMI. They behaved inappropriately . I was really upset. I would never recommend anyone to take loan from bajaj finance.

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I had a very bad experience with bajaj finance. My father died and he took a loan and was not able to pay the all EMI. But one of the employee keep on harassing us for payment of bajaj

finance. He had a very inappropriate behaviour. I would never recommend someone to take loan from bajaj finance.

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I applied for a loan in the month of Jan 2022 and till data it was not disbursed because the way they are proceeding is not getting accepted by other financial institutions. Now the loan is cancelled but they are not providing me my property papers which is more than 1.5 cr worth. Executives lie all the time and try to avoid situations. Does not receive call, does not reply to texts. Will never BHFL to anyone.

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I am not sure how this company is still surviving in the market. I took a loan from Bajaj finance and all they do is cheat people of their hard-earned money. ANKIT RAJ, SYED and ROSHNI were the sales representative I dealt with who promised to refund the processing fee of the loan as the loan amount was very high and was availed for a long duration. It’s been over 6 months and they never returned the money, I have it in writing and will pull their asses to the consumer court. Do not trust these guys and the company ever. CHEATERS AND LIARS. BEWARE.

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Every day I am getting around 5 calls from individual phone numbers of this company and every body asks same question Are you interested in taking Loan???

Some times they are calling at 9pm also...

I don't know who gave them rights to call us from their personal numbers and asking for loan query....

Even after saying every time politely that I am not interested but still next day people are calling from their personal numbers....

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Harassed regularly for personal loans during working hours in spite of regd with DND. I have never asked for a loan nor need a loan. The concerned bards dont seem to understand. Wonder what kind of filthy service is this I strongly suggest to avoid this 3rd rate company.

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To get an answer from their stupid call center is a miracle, but the cases gets closed instantly saying resolved.

To reduce Home loan interest rates we need to pay the hafta vasooli of 48K

To get foreclosure letter it will take 15 days and valid for 7 days.

To get insurance refund, it will take 45 days and you have to go through a scary and idiotic process that bajaj only understands.

After you close the loan, dont know when you will get your house documents, but if you dont pay na mei, they will torture you by submitting the ecs 3 times in a months and in some cases daily.

I would say they suck your blood till the last drop, the moment you run out of blood they will start torturing you.

Stay away from this f called bajaj and save yourselves also educate your near and dear.

Hope they shut the shop and goes into hell. People who thrive on blood will some day or the other will decimate.

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I have BT my loan from IIFL to Bajaj in Oct 2020. Sales Manager was Mr Ramit Lamba Mob no 9999166442. He has sent email regarding processing fee and Insurance amount for Rs 87930 and I have confirmed on email. After that Processing fee was charged Rs 1, 26, 546/- . When I have complaint to customer care they sent me the copy of printout of email in which processing fee was mentioned Rs 122, 980/-.

Loan sanction letter was not signed by me he signed himself and done the forgery. So beware from Bajaj Finance and Mr Ramit Lamba(Forger). I am going to lodge complaint for forgery of my sign and email.

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Bajaj finance will give loan easily, but we will see their real face once you miss your single EMI, they will start calling you, your references also they will come to your house with group of people and start harassing. In other hand they will start sending the NACH every 3 day to your bank account to collect the bouncing charges, bouncing charges for home loan is 3000 rupees which is not informed while taking the loan, here my sincere request to general public is please avoid this finance for your sweet home..and save your hard earn money.

Thank you....

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I have closed my existing home loan with BHFL on the 4th of Aug 2020 and have been continuously writing to the customer care, Grievance redressal team and the Customer Exp head but in vain. No one seems to be bothered to respond to the customers queries. I just need the NOC/Loan closure letter from the company and they have not been responding to any of my emails till date. The best comes here - I visited one of the branch offices in Navi Mumbai, Palm Beach Road, Satra Plaza, Vashi the customer support executive said the finance teams do not even respond to their emails and even they are fed up. I hoep the senior management team is serious about this business or is it a another scam like we have been hearing of late. The customer service has been pathetic and lietrally annoying to the core. How can a company like Bajaj do like this. Is the senior management sleeping over hte issue, are they even aware of this or even they are involved in such activities along with the other staff members of the company. I am only asking for a simple resolution. I have cleared my loan, kindly give me an NOC/Loan Closure letter.

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This is Totally fraud company as it provide bajaj finreserve service they sploit their customers as they bounce their check and arround 20times in a day bounce

Chor company dont believe on it

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Arm twisting, cross selling, blackmailing, pathetic communications are the only key mantras BHFL follows. Absolutely no meaning for customer service.

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Their policies are a sham. Their credit manager is a bogus person who lacks common sense. Better employ a robot to automate his job. Even with 828 cibil score they denied my loan application when I was actually trying to reduce my overall emi overhead.

These people are jokers

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I have done loan transfer to Bajaj and they told me many things before process and given all the documents they took 4 months to transfer my Loan and I have seen many banks but the most worst bank service and managers I have seen only in Bajaj.

No response no mails nothing all useless workers are working in this bank.

Very very bad service I have experienced in 6 months so please never ever think about this Bajaj Housing .worst.

please please don't go for this bank even if they are giving for very low interest rate .

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I took a home loan in 2018, I requested to reduce the interest rate to 8.0 where other banks are ready to give the 7.7 also but they will never reply to your email, what you will get is just a request no.

you can not track the request also I waited for more than month after raising multiple requests, still, I have not received any response.

when you taking home loans:

1.very helpful

After taking home loan .who are you .?

One of the biggest mistakes that I have done I taking a home loans from Bajaj Hosuing .

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