Indiabulls housing finance ltd
PF deduction without sanction of HL loan

Business & Finance

I have applied for an HL loan and given the document to Mr. Umesh and he has submitted the same to your office at Jagat Tower at Nagpur (M.S.).

Along with the document I have given a cheques of Rs 5510/- cheques no 383421 payable to Indiabulls Housing finance ltd.

The said executive has said that the cheques will be deposited only after the loan getting sanctioned, but the PF cheques is required beforehand.

But the cheques was deposited immediately the next day and the said case is not approved either.

How the processing fees will be debited without getting the loan sanction, this is highly illogical.

Not even the valuation done and legal expenses paid, since the document was incomplete and the process was not even started.

I have contacted the branch office also and Mr. Ajay Srivastava is now telling me that it is not refundable. It is the mistake of the executive who has misspelled to me and given a wrong commitment for that why I have to bear the cost.

This is a breach of commitment and I want my amount back since my loan is not getting approved.

Pls. update the situation so that I can take the necessary steps accordingly.

Vinod Mishra

09371995345

Nagpu


Company: Indiabulls housing finance ltd
Country: India
State: Maharashtra
City: Nagpur
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