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Axis bank is taking processing Fee but not sanctioning money. This is what happened with me. For without any reason simply bank people are taking Processing fee and telling yor loan will done in 5 working days. Withing two days they will deduct Processing fee from you account. If you go to the bank after 5 working days they will ask you more documents. The same process will be done for 1 month and they will tell you that your loan can not be done for some silly reason. They can tell the same reason 1st or 2nd day it self. They will not refund even processing fee.
Why customer has to processing fee for without any reason and has to wait for months.
I am advising people not to go to Axis bank for any loan.
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| Amruthraj (Posted: Jun 25, 2008) |
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