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indiabulls.com
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Updated: Jul 28, 2024
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Good! IndiaBulls values customer feedback and works quickly to address complaints. They handle issues regularly and provide solutions, making customers feel heard and supported, however, we would recommend that IndiaBulls step up their efforts to fully resolve all complaints 👍
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A
attri.umesh72
from Mumbai, Maharashtra
May 9, 2011
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Charged the processing fees without providing the Home Loan

Address: Delhi

I was applied for a home loan with the Indiabulls Housing Finance ltd. in the month of Oct'10 and issue cheque no.860326 dt.6.10.10 Rs.5,515/- (Rs. Five Thousand Five Hundred Fifteen Only) drown IDBI Bank Ltd, for the processing fees with the Loan Application No.160200. After so many telephonic follow-up with Mr. Animesh ([protected]) & Mr. Manoj ([protected]), I come to know that loan will not be approving due to some technical...
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hankare.mahesh
from Chennai, Tamil Nadu
May 1, 2011
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Beware of Indiabulls Home Loan

Address: Mumbai City, Maharashtra

Complaint against: Indiabulls housing finance ltd.

I have applied for a home loan in Indiabulls Housing Finance Ltd. through its executive Mr. Ashok Patil (Mob: [protected] although he submitted my application form and left Indiabulls). Later on Mr. Rohit Parker (Mob: [protected]) and Mr. Santosh Gupta (Mob: [protected]) has started taking care of my application. Indiabulls has approved my home loan (Reference no. 166816) and...
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D
d_shahi123
from Noida, Uttar Pradesh
Apr 30, 2011
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unable to get proper service

Address: Howrah, West Bengal

Respected Sir,
This to inform you that I have opened an account with Indiabulls Securities 2-3 months ago, from then till now I have not received my online password to operate my account. At the time of opening the account the agent Bimlesh Singh of Salt Lake branch assured me of good service from him and the company, but after opening the account I am only getting verbal assurance of service but no service. I...
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shivakumarhm
from Mumbai, Maharashtra
Apr 18, 2011
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Home loan

Address: Maharashtra

Dear Sir,

Loan Application NO. 185660 ( India Bulls)

i have applied for Home loan of 25Lakhs, for that i have submitted 50% of documents, but India bulls depossited my cheque of Rs.2750/- with out any information. now they are telling its not able to reumburse beciase of loan has been sanctioned. Also i have not received any loan sanction letter.

please help me to get back my money. as i am not...
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S
sanjay sri
from Noida, Uttar Pradesh
Apr 6, 2011
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home loan

Address: Ghaziabad, Uttar Pradesh

i had applied for home loan on indiabulls housing finance limited, vaishali branch, ghaziabad, 0n 17 march. because i read there ad in newspaper that they will clear loan in 48 hours. submit all the papers, which ther required. but after 20 days when i did not get any feedback, phone to concerning branch. then they informed loan is sanctioned. when i want to know what is the exact reason, they could not give it.
i have three questions...
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S
swati93
from Bengaluru, Karnataka
Apr 5, 2011
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HR-settlement cheque after resignation pending

Address: Dharwad, Karnataka

Dear Sir,

This complaint is against INDIABULLS SECURITIES LTD headoffice at GURGAON.

I swati airsang was working in INDIABULLS SECURITIES LTD at HUBLI branch in Karnataka as backoffice executive with emp code 168794. Suddenly INDIABULLS SECURITIES LTD closed its branch at HUBLI and merged the HUBLI branch with Jayanagar Bangalore.

So I resigned from my JOB on 2nd feb 2011.

after...
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SoumyadeepBiswas
from Mumbai, Maharashtra
Mar 28, 2011
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Indiabulls(share broking firm) Complaints - Relationship manager made my loss of about 40,000+ rupees by cheating me

Address: North 24 Parganas, West Bengal

At the outset please acknowledge my heartfelt gratitude for organizing a very important forum such as this to assist commoners like me.

I have read complaints lodged by Ms. SANDHYA VALIGONDA vide her email on Jun 21, 2009 bearing remarkable simili with my case.

I was first tapped by Swagata Roy, a Sr. RM of IBulls (Prafulla Kanan branch, Kolkata). Then his assistant, an RM, Atanu Seth contacted me and I had...
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G
gnyanganga
from Pune, Maharashtra
Mar 12, 2011
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horrible investment advice

Address: Pune, Maharashtra

this post is related to my experience with the Relationship Manager (Sangram Behera, [protected]@yahoo.com), Branch Manager (Mukesh Kumar), and Regional Manager (Dipak Singh, [protected]@yahoo.com) at Indiabulls Securities Ltd., Satara Road Branch, Pune.

this trio has been the worst financial advisors i've ever met.

i understand that ultimately the decision to follow advice given by my advisor lies in my...
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pmp
from Hyderabad, Telangana
Feb 13, 2011
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Refund

Address: Bangalore, Karnataka

Sir ,
I have an excess amount of Rs 1600 with Indiabulls securities Ltd ,offline account BA 1968 ,As it a long time i want to withdraw the excess amount and close the account,I have changed the bank account.
Since 3 months there is no any proper response from these people.Please look int the matter at the earliest as i have lost lot of precious time

Regards ,
Pradeep...
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Rizwan Farooqui
from Mumbai, Maharashtra
Dec 28, 2010
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Lending rate (ROI)

Address: Thane, Maharashtra

Hi, I took a home loan of Rs 12 Lacs from Indiabulls in Dec 2007, when I took it, it was given to me at 9% , and then every 6 months or so they increased the rate and now I got a revised rate of 19.5% , I want to know if I am regularly paying to NBFC then why they are increasing ROI and what is the upper limit set by RBI to charge a home loan customer ... is this arbitrary in the eyes of regulators that a new customer gets a home loan at...
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V
vijaychandna
from Mumbai, Maharashtra
Dec 26, 2010
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Squaring off my entire portfolio of stock without any reason

Address: Pune, Maharashtra

I Mrs.Vijay Chandna lodge a serious complaint against Indiabulls securities Ltd.,
Pune Unit, as they squared off my entire positions of share stocks purchased by
them in my account on[protected] for December F&O,but, squared off my all
positions on[protected] without any reason as I have paid their due margin by cheque as per their routine standard procedure, due to which they had put me to
heavy loss of Rs.90000/-...
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V
value it
from Belgaum, Karnataka
Dec 17, 2010
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Threat, Harrassment, Goons

Address: Bangalore, Karnataka

To,
The Commissioner of Police
Bangalore

Dear Sir,

Subject: Complaint against recovery agents/Collection agents of M/S India Bulls for harassment, Threatening and intimidation

Further the above mentioned subject kindly note that I am the director of M/S Value Information Technology Solutions Pvt Ltd dealing in computers and peripherals operating the business for 10 years. In the...
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G
gaurav vats
from Gurgaon, Haryana
Dec 1, 2010
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Not updated the transfer money

Hi,

I have transferred 40000rs from my Citibank account no [protected]
to India bulls securities Citibank account *****32229 on 03/11/2010.
The reference number is[protected].
Please add this money to my trading account with india bulls.
My client id is DH28868.

when i contact to customer care they suggest me to raise a helpdeskticket. i raise that and attached all the document...
+2 photos
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N
nirmal_pokharna30
from Pune, Maharashtra
Oct 26, 2010
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Not allowing withdrawal of amount

Address: Udaipur, Rajasthan

Respected Sir,

I, Praveena Pokharna have an demat and trading account with Indiabulls securities ltd. in Udaipur (Raj.) branch and my client ID IS 444522. My online withdrawl facility has been blocked by the company and when i asked the respective branch to give me the complete payout they replied me that it will be done but no payout has been given yet. It is almost 1 year gone i am asking for payout. Regarding this i have...
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N
nitin_jalu
Oct 22, 2010
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Incurred loss due to dealer's mistake.

Address: West Bengal

I, Nitin Jalu from kolkata had a demat a/c wit indiabulls securities howrah branch - code : hw463, around 3 yer ago. I used to trade there, but after incurring huge losses i stopped trading. Now a few days ago, one of the staff member, Jai Singh from stephen house branch started calling me up daily, requesting for starting up the trading business again. He finally convinced me and i started doing share trading as per his guidance.
...
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M
mithilesh16
from Chennai, Tamil Nadu
Oct 21, 2010
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Very Poor Service, Knowledge and Performance in Portfolio Management

Address: Mumbai City, Maharashtra

This is Mithilesh Bandiwdekar, a Software Consultant in Mumbai, who was happy doing software business and having no knowledge of Intraday Trading. And then one day a person named Avinash Salunkhe , a so-called stock market intra-day expert from IndiaBulls Securities came to my office, and asked me to deposit Rs. 25900/- for intra-day trading with Indiabulls. With a view to learn something about Stock Trading, i decided to open an account....
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Karan Khemka
from Mumbai, Maharashtra
Oct 20, 2010
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Fraud & Non-Returning of our Original Agreement

Address: Mumbai City, Maharashtra

Dear Sir,

We had applied for Home Loan in Indiabulls in the name of our Company M/s. Khemka Realty Pvt Ltd. and completed all the required formalities for the same. We have even submitted the original registered agreement with them. It is almost One month that they are saying that we will receive the disbursement cheque for the same. We have even paid them Franking Fees in cash but they are avoiding us every day for the disbursement....
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I
ImI
from Ahmedabad, Gujarat
Oct 18, 2010
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Cheating

Address: Maharashtra

Hi All,

I have been cheated by Indiabulls.

Till date havent got an ans for my query. Customer service is full of crap. I have exchanged email and messages with CS and IB managers but, unfortunately no one is interested in taking the responsility. From the time i started Home Loan procedure ihave been just getting to hear lies from IB team. I think one reputed company should mantain their standards which, they've...
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rajeevtomar
from Delhi, Delhi
Oct 8, 2010
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Not returning of documents

Address: East Delhi, Delhi

Hi,

I have applied for Indiabulls home loan about 1-1/12 months ago. Their executive came to my home and collected all requied documents. After about 1 month later, they replied me that for some reasons my loan cannot be sanctioned. Now when I demanded them to return all my documents, they are not responding well. I have several times but there is not response. I am afraid of misusing of my documents. Please help me in...
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SAM1980
from Mumbai, Maharashtra
Oct 7, 2010
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Panvel greens project - do not invest

Address: Mumbai City, Maharashtra

While everyone is aware of fraudulent nature of IndiaBulls finance, Indiabulls real estate is not far behind. Investors, please beware of Indiabulls green project. The project does not have approval from leading banks nor do they have any agreement with the investor. The investors have been kept waiting for more than a year and still there is no sign of agreement. IB has already started demanding 20% payment with no provision of applying...
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