IIFL Gold Loan

This is the worst financial institution. They don't have any rules and regulations. And employee are making fool to people. And the funny think is they accept gold all days but release only on some special time and the interesting thing is nothing is mentioned on website and also nothing is mention on loan paper.
Chutiya log h sare yaha

Very bad experience don’t go
Home lone ki sochna bhi mat sabse ghatiya ha logo ka paisa kha lene hai

Worst Financial Institution, if you have enemy then give them IIFL contact number to take loan, Rest iifl will manage.

Clearly all the reviews are 1 star because this is the worst financial institution you can ever take a loan from.

3 years ago I bought a house in Uttam Nagar, New Delhi. I took at loan amount of 20 lacs with 10.25% ROI for 20 years. This year in December I completed 3 years of fixed ROI.

Now they have revised ROI to 11.75% for 27.5 years so technically I will be paying 64,78890 lacs to repay this loan if I wish to continue.

I have been visitng their Moti Nagar branch but there is no help provided. I don't even know if I am going to live for those many years to be able to pay that amount. This is mental harrasment because today they told me that the ROI is going to be revised further and that I should wait for the final revision before they can reduce my ROI.

I was told that once I complete 3 years of fixed ROI they will help me which I highly doubt. In today's era where customer satisfaction and retention is of utmost importance IIFL is only making big in looting their customers. I wish the government could actions against such financial institutions.

Please it's a request to everyone don't waste your time and money, not cooperating staff, interest rate is too high.

Please don't waste your time and money, not cooperating staff, interest rate is too high

To all who have applied for home loan from IIFl, i would rather suggest to take some extra burden on shoulders and buy a registered property (with map) so that you can easily get a loan from a registered banks like SBI, HDFC & LIC etc.on minimum interest rates. Do not trust this company and their employees, they can do anything to save their commissions and salaries. Instead of going for IIFl i suggest you to spend money on your old home and make it better or save money and take personal loan from a reputed bank.

Please dont ever come to IIFL Home loan, Employees will do anything for their commission, in my case they steal two cheque, Its not possible to buy register land, Mangers are very care less Mr. Traun yadav sales manager, Provide very poor service. 100 % poor service, They will not pick up your phone calls, If you call customer care, simply you will get hold and ask you wait 4 are 5 days, And IIFL EMPLOYEES will have some local Rogers contact they will thread you, Please dont ever come to IIFL home loan,