Bajaj finance
Denial of my loan application
- 09-17-2008
- 229
Sir/Madam,
I had recently applied for a loan to Bajaj Finance in Rajkot, Gujarat for 42" Panasonic Plasma TV, which I want to gift to my brother-in-law.
Under some pretext and some so called regulation, my application is rejected. And reason was given that they cannot give loan where the product is being gifted!! I don't understand the logic behind it. when you check the capability of repaying the loan, when all required documents furnished were in line with their requirements; there cannot be any reason of rejecting the application.
Himanshu
Company: Bajaj finance
Country: India