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21%
1.47 

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Never go for HSBC Personal Loans
Nov 24, 2006 08:29 PM 5886 Views
(Updated Dec 01, 2007 12:12 AM)

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Re:  File No: PIL/MUM/AKD/120319


Pre Approved Personal Loan Ref No PA2CD0907045922


Dear All,


I received a letter from HSBC for a Pre Approved Personal Loan of


Rs 1,13,000/-(Ref No PA2CD0907045922)


I applied for a Personal Loan with HSBC. The Legal Documents (Demand Promissory Note, Agreement & 5 PDCs) were collected.


Also I had to pay Rs 350/ to Citibank for Bank Statement, Sign Verification & ECS charges.


I called up the HSBC on 28/11/2007 the executive informed me that the Personal Loan has been rejected.


The Bank is not ready to disclose the reason.


Also the Bank is not ready to send me the Legal Documents (Demand Promissory Note,Agreement & 5 PDCs)


I have also sent mail to the following persons in this regards


1) The Manager,


Centralised Complaints Team,


HSBC


2) Mr. R. Shankar Narayan,


Nodal Officer,


HSBC


3) Mr. Rajnish Bahl,


Country Head, Personal Financial Services,


HSBC


4) Yogesh Grover


Code Compliance Officer for Mumbai


5) Anil Bholla


Code Compliance Officer for Card Products and Personal Loans


Regards


Altaf Batliwala


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