Axis bank home loan
AXIS BANK HOME LOAN HORRORS

Hi Guyz,

This is Vijay. All this is startedd when I want to change my home loan from ABN AMRO to AXIS Bank. I felt ABN is charging more interest and decided to move to AXIS BANK for less interest rate. I was fallen to their cheap marketing. I have called-in the AXIS bank for processing my home loan and they have arranged an executive from the agency called PVMONEY. They started processing my home loan on June 20th and it is not comleted till today (i.e Aug 26th). They have taken processing fee of 6000 rupees from my account with in a week from the date of processing. They never call-in and tell the status of the processing, infact if I call them they tell that some more documnets are required for further processing. My appartment is from reputed builder and it is BDA approved project and the loan I was asked is less than 30% of market value of the appartment. The EMI I am going to pay is less than 20% of my monthly income.

Hope you can imagine the AXIS bank operational excellence and service to the their customers. I have lost my mental peace, time and money because of this.

Now I am approaching RBI for this and to prensent my case. It is clear case of cheating a customer by AXIS Bank. So please aware of this bank not prey for this cheap tricks from the AXIS Bank.

Hope this will help some one who wanted take loan from this Bank.

Thanks,

Vijay.

9731754970

Company: Axis bank home loan
Country: India

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