Godrej Capital, Vikhroli

"Terrible experience with Godrej Capital’s handling of the...

"Terrible experience with Godrej Capital’s handling of the home loan interest rate reduction. While other banks proactively pass on lower rates to existing customers, Godrej Capital makes it unnecessarily difficult. The process is slow, non-transparent, and comes with hidden charges that are never properly explained. Despite maintaining a good repayment track record, I was made to run around endlessly just to request a simple rate revision. Customer support is poor — no clear communication, delays in responses, and no accountability. This is not what I expected from a reputed brand like Godrej. Definitely reconsidering my choice and will not recommend them for home loans" Other banks offer far better service. Not recommended. Worst ever experience with godrej capital. They charge extra rate of interest and never reduce rate of interest even if repo rate is decreased. They will never inform about reduced rate and if we ask for updated rate they demand unwanted charges. Currently my ROI is 8.74% and other banks are giving me ROI at 7.75% after repo rate reduction. But godrej is not interested in reducing the rate according to RBI. Please dont ever take loan from godrej before considering other banks. For more clarity can revert on my post.

Never take loan from this company, being godrej property...

Never take loan from this company, being godrej property customer I took home loan from them thought will have some benefits but no my rate was increased to 8.99 from 6.74 in 2-3 year's & in the Name of interal policy they increase the rate as an when they want, they increase the rate to 9.14. non of the banks are charging this much rate, They can intimate u in advance about increase in rate but u can't bargain in advance, u have to wait until the Rate is applied at 9.14, after 2-3 days they consider ur request & u have to pay reprising amount+tax, this is not end, gap of 4-5 days till recieving reprising amount they will charge u the same interest rate 9.14. in the name of system glitch They will update the rate on repayment schedule as 8.99 but the effect on EMI remains same as 9.14 luckily I had downloaded the scheduled and understood how they are fooling us. Pls maintain the records at your end if you are existing customer, Customer service people are also bad. I was following up for correct repayment schedule from 14th nov till 30th nov they are just fooling. They have zero commitments towards customers, only sorry, get back to u & will call back u doesn't work, after saying all this they doesn't call back, on email they have standard rpls we are working will get back to u 24-48 hrs but non of them call. Never ever take loan from this company worst experience ever. I would have given negetive marking if possible.

They are doing a big fraud with innocent people. In my case...

They are doing a big fraud with innocent people. In my case the sales person promised that they will take care of PMAY scheme and make sure I get the subsidy. But that never happened I beared a loss of 2 lakhs that's a huge amount for me. I applied in 2020 when the scheme was still applicable for me. HIGHLY NOT RECOMMENDED