BAJAJ HOUSING FINANCE LIMITED Home Loan Customer Reviews

Taken my home loan from Bajaj Housing finance because they were ready to provide more amount. I bought the loan amount of Rs. 30 lakhs and they have provided me a interest rate of 8.6% and the processing fee also very low which is 0.5%. I pay the EMI amount of Rs. 26000 for the tenure period of 25 years. Within 15 days, they have sanctioned my loan.

Bajaj Housing Finance tries all tricks to loot me - 1. Just before disbursement day, they hiked the Processing fee and increased the interest rate 2. After EMI stated, they suddenly hiked the EMI for one month by 20,000 due to a system issue at their end. 3. They arbitrarily deduct charges from your bank account in small amounts without telling and authorizations and randomly through a month. 4. Customer service and its Head are completely nonchalant and they fake ignorance. 5. It takes 5-6 months to resolve one issue. By that time, they will create another issue and you spend the next 5 months chasing them for its resolution. Beware the NBFCs for housing finance. Its always better to go to the leading banks.