Banks/Financial Companies
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Complaint #8643 — Udham Singh Hooda
Filed: 24 Nov 2014 ·
Address: H.No.366, Sector-29, Faridabad
I applied for a 2 wheeler loan from HDFC Bank. Firstly they said our Rate of Interest (ROI) will be 12.5%. When i refused to take loan on 12.5%, finally after negotiation their rep agreed for 9%. When they came to me for getting the agreement kit signed, i requested them to fill the form completely and then get the signatures. But HDFC team said that as a standard policy we cant fill it here and we can fill it back in office after getting it signed. But they assured me that we will share the scanned copies of duly filled form. I was in doubt about their intentions so i mailed them that you will disburse the loan only after you share scanned copies of requested pages. Finally without information they gave money to bike dealer and bike dealer billed my bike. I didnt pick the bike for few days for some reasons. one reason was i was waiting for the details from bank. Finally i picked the bike. At very later stage when i got the details, i found lot of variation in ROI.
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