Indiabulls real estate
Debiting cheque without loan disbursement

Sir,

I wanted to buy a home with Janapriya nile valley project, for this I wanted to review my financial profile to know the loan amount I would be eligible for.

A sales executive venugopal from indiabulls realestate offerred to help to look after financicial profile verification only not for loan disbursement.

He took all the required documents and a cheque of Rs. 5510 said he would get this done in 3 working days.

After 10days of constant phonecalls, he told us the loan amount.

Meanwhile janapriya project has increased thier base price and it was an additional burden of 2 more lakhs.

we did not get any letter from indiabulls nor any phone call that they have sanctioned a loan.

After 20days they have debited the cheque, when I called and asked venugopal about this he said this was loan disbursement charges.

I did not even sign any document from indiabulls regarding sanction of loan nor any intimation how can they debit the cheque.

please look into this sir.

Thank you

uday kiran

9000999686

Company: Indiabulls real estate
Country: India
State: Andhra Pradesh
City: Hyderabad

  <     >