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India Bulls Housing Finance / Charging for coughing and sneezing in their office...

1 India Review updated:

I applied for home loan and top up loan to India Bulls. They took 2500 as non refundable and 50000 as refundable fee. They approved me a loan of Rs. 1 Cr. against requested amount of Rs. 1.10 Crore, and would ask everyone on planet earth i know to be applicant to my application. I told them max one Co application, they wont listen, i said i don't wont yr loan, Now they wont return my Rs. 50000 /-

Stay homeless but don't take loan from India bulls, very traumatic experience , and these people remind me of old movies where a Baniya will give a loan to a farmer and their generations will keep paying off ,, they charge interest of 17% -21%, when Industry charges .. 11% -12.5%.. in the name of taking riskier profiles...

Highloy unprofessionals, they don't even know what they are talking most of the times.. Trust me, if u get to see an any India BULL any employees... Tell them they suck.. anyone who works with them is also the same kind, who cant get any other decent job joins INDIA BULLS>> Group. .
I hate them.. deal with them..

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  • Su
      16th of Mar, 2015
    0 Votes

    I think India Bulls and India Bulls Housing Finance are the same - pathetic. If there is one company that does injustice to customers it is India Bulls. They got us to sign a property in Centrum Park, Gurgaon on the promise of delivery in 2 years. And at the same time sold us a subvention scheme loan from India Bulls Finance. Since paying them we have not heard from anyone at India Bulls. The property is not anywhere near completion. The money has been taken. And instalments will fall due which the investor will have to start paying. Now why should the investor be paying when he has not got what he was supposed to get. Is anyone listening. I am suing the in court for this. Anyone interested in making sure the peso-called big companies do not ask us for a ride as welcome to join in.

  • Ta
      25th of Oct, 2011
    0 Votes

    Loan delay with intention of not disbursing it after sanction


    hi guys,
    i m writing this to inform u all of the big cheats called 'INDIABULLS'.
    i applied for home loan to indiabulls in the month of July 2011 through Mr Prateek,
    they took a cheque of Rs 5500/- and have got it encashed,
    after lot of delibrations and studing my papers for 1 months they sanctioned me a loan of 33, 00000/- in the month of Aug 2011, i still have a copy of their Sanction letter.
    Since Aug i m in touch with their executives at Faridabad branch (Mr Khare, Mr harish & Mr Ankit),
    but these guys have been fooling me by asking for new new papers & undesired documents on daily basis,
    they have even lost few of my orignal papers and asking me again for it,
    I dont know the contacts of their top bosses so as to inform them about this non-sense,
    the lower executives are earning a bad repute to the firm.
    plz help me on the issue by suggesting the way out.

  • Sh
      11th of Nov, 2010
    0 Votes

    I agree 100% on the above incidence. I also under went similar event. They took documents for evaluation & additional documents, they were not ready to collect from builder. Because of that they did not issue sanction letter as well. In fact, they collected processing fee of 10, 000/- in the begining which was mentioned that it will be debited at the end before disbursal.
    They do day time cheating, worst than the roll calls done by road side goondas. They are happy with collecting just the processing fee than working on getting the sanction completed for the client. It is highly recommended not to invite their quote also when some one is thinking while going for Home Loan. Highly under knowledged & non-cooperative team members. Shunt them out if they come for offering home loan.

  • K8
      3rd of Nov, 2010
    0 Votes

    Even am also agree with you... please made a complaint against them., otherwise give the same to media.

  • Am
      6th of Nov, 2008
    0 Votes

    i totally agree with the above mail. they are CHEAT.

  • Ab
      16th of Jan, 2008
    0 Votes

    I truly agree with you, if any award is instituted for the most un trust worthy, must unethical, most unreliable most sucking company it should go to indiabulls they are the modern day dakkus.

  • An
      1st of Dec, 2007
    0 Votes

    Thanks for the info.. I was about to talk to them.. Looks like they suck..

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