HDFC Blog

Saturday, February 25, 2006

History of the Company

1977

- On October 17th HDFC was incorporated as a Public Limited Company. HDFC was promoted by the Industrial Credit and Investment Corporation of India. The company got the certificated of commencement of business on 3rd December. HDFC provides housing finance in India. The corporation provides long term housing loans mainly to low and middle income individuals and corporate bodies. It has also provided a modest amount of construction finance to housing developers.

1979

- On November HDFC introduced HDFC Certificate of Deposit Scheme.

- 5,00,126 shares taken up by subscribers to Memorandum of Association. 50,000 shares reserved for International Finance Corporation, Washington and 50,000 shares issued to His Royal Highness The Aga Khan and/or Foundation Aga Khan Switzerland. 3,99,874 shares allotted at par to the public in May-June 1978.

1980

- During the year company introduced Loan Linked Deposit scheme, which encourages small savers to begin a pass book account with HDFC for a minimum of Rs.200 and deposit, as and when funds are available in multiples of Rs. 100. After a period of 3 years, the depositor may withdraw his accumulated deposit which has earned 9% per annum or renew it with HDFC. In either the event, the depositor become eligible for a loan up to 4 times his accumulated savings, subject to normal lending policy of Co. 1981

- During the year, HDFC negotiated for loan under Housing Guarantee Programme under US aid. During the same year company launched another programme named Non-Resident Certificate Deposit Scheme.

1983

- During the year, the corporation issued bonds of face value of Rs. 5000 each for a total amount of Rs.10 crores.

1984

- During the year a second issue of bonds of Rs. 5,000 each for Rs.10 crores was floated by way of public issue of bonds in March 1986.

1985

- During the year on May company launched Home Saving Plan. Under this facility, an individual can borrow for his housing needs at 8.5% per annum provided he completes certain saving requirements before hand. During the year company also introduced HDFC- Cumulative Interest Scheme.

- A new agreement was entered into with USAID under which a further sum of U.S. $25 million was borrowed from the U.S. capital market in 1986-87.

1986

- During the period corporation issued, IV & Vth series of bonds for Rs.10 crores and Rs. 5 crores respectively. During the same year corporation started offering a new service called Advanced Processing Facility (APF) under which property developers who are undertaking a residential project can finance individuals buying a dwelling unit in their project.

- 5,00,000 Rights equity shares issued at par in prop. 1:2. Subsequently, another 5,00,000 No. of equity shares were offered at par for public subscription.

1987

- During the year HDFC issued its New Corporate Bonds - Series I for Rs. 20 crores. Also VI, VII and VIII series bonds for an aggregate amount of Rs. 20 crores were issued during the year.

1988

- During the year National Housing Bank was set up as an apex body to ensure orderly growth and functioning of housing finance system in India.

- Two new facilities viz., the Telescopic Loan Plan and Short Term Bridging Loan were introduced mainly for younger borrowers.

- HDFC entered into an arrangement with the Bank of India whereby HDFC was to receive fixed rate counterpart rupee funds in lieu of the US dollars deposited with Bank of India in New York.

- The Home Loans Account scheme was to be launched in co-operation with scheduled banks with effect from July 1, 1989.

- The Centre for Housing Finance unit proposed to design specific programme contents to suit different purposes and institutions.

1989

- During the year Krditanstalt Fur Wiederauflau of Germany, sactioned a line of credit of DM 25 million to fund loans disbursed by HDFC for low cost housing project directed to economically weaker section households.

- Two new types of loans namely, Home Improvement Loans (HIL) and Home Extension Loans (HEL) was launched.

1990

- During November, the company issued 13,77,500 equity shares of Rs.100 each at a premium of Rs.85 per share to the public. And also 72,500 shares were reserved for employees of the company. Simultaneously, the corporation offered 10,00,000 equity shares of Rs. 100 each at a premium of Rs. 75 per share to the then existing shareholders in proportion 1:2. The Company allotted 25,00,000 No. of equity shares (both rights and public offer).

- The Company negotiated a borrowing of US 100 million from IFC, Washington, in two parts - Part `A', a loan of US $40 million from IFC (W) directly and Part `B', a loan of US $60 million to be syndicated by IFC (W).

- To commemorate the beginning of the second decade the HDFC, it was proposed to establish a shelter assistance fund to encourage and support activities related to shelter problems, in general and to the needs of the poorer and economically weak sections in particular.

- Forfeiture on 970 No. of equity shares annulled. Issued 14,50,000 No. of equity shares (prem. Rs. 85 per share) to the public and 10,50,000 shares (prem. Rs 75 per share) as rights in December.

1992

- 23,62,500 No. of equity shares allotted on conversion of `B' part of FCD.

1993

- During the year, the Corporation launched a new deposit product Easy Way Savings, a unique product providing households with flexible maturity choice as well as saving profile.

- During the year, the Corporation signed a MOU with General Electric Corporation of USA, to promote a new joint venture for understanding the business of Consumer finance. HDFC and General Electric Corporation, have an equity stake of Rs. 15 crores each.

1994

- The Corporation promoted the educational loan facility to provide financial support to students pursuing higher education.

- As a joint venture in the GE capital (USA) HDFC promoted a consumer finance company in March for provision of range of financial product.

- 9,00,000 No. of equity shares of Rs 100 each allotted to ICICI and UTI on private placement basis.

- 17,86,400 No. of Equity shares of Rs 10 each issued on private placement basis. Also 50,00,000 Pref. shares were issued to domestic companies.

1995

- During the year, the Corporation undertook to set up its first Overseas branch office in Dubai.

- The Corporation was one the promoters of ILFSL along with Central Bank of India and Unit Trust of India.

- The Corporation jointly promoted with State Bank of India (SBI) a new housing finance Company under the name of Housing Finance & Promotion Corporation, Ltd. which operate in the eastern and north-eastern regions with its headquarters at Calcutta.

- A MOU was signed with Bank Papera Sejhtera, Indonesia on the broad parameters of technical assistance to be provided over a 6 months period.

- During the year, the Singapore based property management company Colliers Jardine Holdings Ltd., has entered into a joint venture with HDFC and Infrastructural Leasing and Financial Services Ltd., to introduce consultancy services in real estate. The joint venture will be named Colliers Jardine (India ) Ltd. HDFC and IL&FS will contribute 15% each in the joint venture and the balance 70 per cent will be held by Colliers Jardine Holdings Ltd., or its nominees.

- During the year HDFC, has firmed up its plans to enter the insurance industry. The company signed a joint venture agreement with the Standard Life Assurance Co. of UK, to establish an insurance company in the country as soon as insurance industry is opened up for private investment. The joint venture agreement was signed on 11 October.

- During the year company issued 50,00,000 - 12.5% Cumulative Redeemable Convertible Preference Shares of Rs.100 each.

1996

- During the year corporation introduced Flexi-Rate Individual Housing Loan.

- During March, HDFC launched India'a first captive auto finance company named Maruti Countrywide Auto Financial Services Ltd., with the objective of exclusively financing Maruti Vehicles in India. This is joint venture between HDFC, Maruthi Udyog & GE Capital India.

- HDFC Developers, Ltd. and HDFC Investments Ltd. are the wholly owned subsidiaries of the Company.

1997

- 50,00,000 Cumulative Redeemable Non-convertible pref. shares redeemed during the year.

- Government of Rajasthan, Infrastructure Leasing and Finance Services and Housing Development Finance Corporation have signed a memorandum of understanding in Mumbai to set up Project Development Corporation.

- The Housing Development Finance Corporation (HDFC), India's premier housing finance institution, has stepped up its programme to mobilise deposits in Goa, by setting up an organised network of agents as part of its efforts to offer safe and attractive deposit options.

- Countrywide Consumer Financial Services (CCFS), a joint venture between Housing Development Finance Corporation (HDFC) and GE Capital Services, USA, proposes to raise Rs.20 crore through issue of non-convertible debentures on private placement basis.

- Housing Development Finance Corporation Ltd. (HDFC) has approached the Life Insurance Corporation (LIC) for a tri-partite venture along with Standard Life of Scotland, to tap the market for pension funds.

- The Housing Development Finance Corporation (HDFC) has tied up with the Rajasthan government to set up a new company.

- Housing Development Finance Corporation (HDFC) has received LAAA, MAAA and A1+ ratings for its bonds, fixed deposits (FDs) and short-term debt instruments respectively from ICRA.

- With a 56-per cent share, the Housing Development Finance Corporation (HDFC) is the market leader in housing finance.

- International Finance Corporation (IFC) is teaming up with Housing and Development Finance Corporation (HDFC) to create a non-banking finance company which will provide long-term housing mortgages to the middle income market in Bangladesh.

- While IFC and HDFC will be founding shareholders in the joint venture, they will also be joined by the Bangladesh Rural Advancement Committee and the Delta Insurance Group, an insurance company, according to the 1997 annual report of IFC which was released on September 22.

- The first private sector housing finance company has been established in Bangladesh with the World Bank signing a deal on behalf of International Finance Corporation (IFC) to become an equity partner along with Housing Development Finance Corporation (HDFC) in the recently established Delta Brac Housing Finance Company (DBH) of Bangladesh.

- The Housing Development Finance Corporation Ltd. (HDFC) has introduced a novel loan facility, betterment fee loans to site owners in revenue layouts within the jurisdiction of Bangalore Mahanagara Palike.

1998

- The Housing Development and Finance Corporation (HDFC) is in talks with an Asian offshore institutional investor for setting up a joint venture company in anticipation of the government opening up the real estate sector for foreign direct investment (FDI).

- The Housing Development Corporation (HDFC), one of India's leading housing finance companies, floated its maiden debenture issue through the private placement route on 14th July.

1999

- HDFC will enter into a memorandum of understanding for strategic business collaboration with Chase Manhattan bank.

- Housing Development Finance Corporation (HDFC) and Chase Manhattan have entered into an agreement where, in the event of the two funds - India Private Equity Fund and Indocean Financial Holding Ltd.

2000

- The Company and State Bank of India would be entering into a MOU to set up a Credit Information Bureau jointly in technical and financial collaboration with Dun & Bradstreet Information Services India Pvt. Ltd. and Trans Union International Inc. the leading providers of Business and Credit Information services.

- The Company has informed that, SLAC have acquired an aggregate of 10 lac equity shares from the secondary market.

- The Company has acquired an equity holding of 12.5 per cent in IndiaConstruction.com, a B2B construction portal promoted by the Pune-based Construction Portal Pvt. Ltd.

- HDFC's tie-up with the Palmyrah Workers' Development Society (PWDS), a Tamil Nadu-based NGO has resulted in the formation of the Indian Association of savings and Credit (IASC), an RBI-recognised NBFC.

- The Cellular Service provider Orange has tied up with Housing Development Finance Corporation to offer mobile Internet banking to its customers.

- Geojit Securities, has struck an alliance with HDFC Bank for providing a payment gateway to internet trading clients.

- The Company has opened an office in Kozhikode which is its third office in Kerala.

- The Company has introduced a home equity loan with a facility to mortgage property to secure loan for children's education, medical expenses and other miscellaneous investments.

- The Company has acquired the entire shareholding of Hometrust Housing Finance Company, a 100 per cent subsidiary of Gujarat Ambuja Cements and has also acquired 26 per cent additional stake in Gruh Finance which was held by GACL.

- The Company has acquired the housing finance business of Gujarat Ambuja Cement Ltd for a total consideration of Rs. 60 crores.

- The Housing Development Finance Corporation and Tata Consultancy Services signed a memorandum of understanding to set up a 50:50 joint venture to offer IT-enabled services overseas.

- Crisil has reaffirmed the AAA rating assigned to the company's Rs 1,195-crore bond programme. It has also reaffirmed the FAA rating given to the corporation's fixed deposit programme and the P1+ rating assigned to the short-term debt plan.

- The Company proposes to capitalise on the huge real estate requirement of MNCs as the latter propose to set up retail chains across the country.

- HDFC has acquired two crore shares in Lafarge India representing face value of Rs. 20 crore.

- HDFC asset management company is to formally launch its mutual fund schemes from 20th July. - A clutch of financial service firms led by HDFC have joined together and acquired one of the oldest cards on the BSE.

- Housing Development Finance Corporation and the State Bank of India are setting up an equal joint venture for credit rating of individuals.

- ICICI Ltd and HDFC have hiked their housing loan rates by 50 basis points.

- Amalgamation of Hometrust Housing Finance Company Ltd.

- The Credit Rating Information Services of India Ltd has assigned an `AAA' rating to the Rs 1,500-crore bond programme of the company.

- VSNL and HDFC have jointly launched online renewal facility for Internet subscription in Mumbai, New Delhi, Calcutta, Chennai, Pune and Bangalore.

- ICRA has assigned `LAA' rating to Hudco Rs 1 billion tax-free and Rs 5 billion taxable bonds programme.

- Housing loan finance company HDFC Limited targeting the NRIs, launched a portal `HDFC Reality.com' to provide information on real estae properties in and around Bangalore city.

- The Insurance Regulatory and Development Authority has granted registration to HDFC Standard Life Insurance, as the first private sector life insrnace company in India.

- Mr. Keki Mistry will be the new Managing Director of Housing Development Finance Corpsoration.

- The Housing Development Finance Corporation has launched a retail finance scheme, Step Up Repayment Facility, which provides for a higher loan amount.

2001

- The UB group has tied up with Housing Development Finance Corporation (HDFC) and Infrastructure Leasing and Finance Services (IL & FS) to raise Rs.60 crore to part fund the acquisition of Associated Breweries & Distillers (ABD).

- HDFC has tied up with the Alireza group of Saudi Arabia and the Jeddah-based Technobuild to provide advisory services to NRIs.

- HDFC has decided to acquire the entire equity holding of its subsidiary HDFC Holdings in HDFC BAnk.

- HDFC has acquired 133,10,000 equity shares in HDFC Bank from HDFC Holdings, a 100 per cent subsidiary of HDFC, through internal transfer.

- The Housing Development Finance Corporation has launched its $100-million five-year syndicated loan with roadshows beginning in Singapore.

2002

- HDFC Board approves proposal to set up JV with Chubb Global for foray into General Insurance business.

- Housing Development Finance Corporation Ltd has on March 20, 2002 allotted 711178 equity shares of Rs 10 each under the Employees Stock Option Scheme (ESOS).

-Housing Development Finance Corporation Ltd has informed BSE that the Corporation has purchased 18,00,582 equity shares of Rs 10/- each of GRUH Finance Ltd, representing 6.79% of its paid up equity capital. After the said purchase, the holding of the Corporation in GRUH Finance Ltd aggregates to 1,62,40,604 equity shares of Rs 10/- each, representing 61.29% of its paid up capital.

-Housing Development Corporation Ltd has on August 7, 2002 allotted 51378 equity shares of Rs 10 each under the Employees Stock Option Scheme.

-RVS Rao reappointed as Executive Director of Housing Development Finance Corporation.

2003

-Housing Development Finance Corporation (HDFC) has asked chairman Deepak Parekh to continue for three more years with effect from March '03. The service of Renu S Karnad, executive director, has also been extended for another five years with effect from March 2003. Besides, the corporation is revising upwards the remuneration package of its top management, including Mr Parekh, managing director KM Mistry and two executive directors Ms Karnad and Mr RVS Rao. The package will be in the range of Rs 80,000 to Rs 4,00,000 per month. At present, Mr Parekh and Mr Mistry receive a salary of Rs 2,00,000 and Rs 1, 75,000 per month, respectively. Mr Rao and Ms Karnad get Rs 1,50,000 per month.

-HDFC divests its entire stake in Spectramind to Wipro

-Fox-Pitt, Kelton's (FPK) survey on the Asia's Best Managed Banks identifies Housing Development Finance Corporation (HDFC) as the second best managed financial institution in India and among best in the region

-HDFC Asset Management Company (AMC) acquires Zurich Asset Management Company India

-Standard Life Assurance Company hikes stake in HDFC to 14.06 %

-HDFC Realty becomes Wholly owned Subsidiary of HDFC

-HDFC Board approves Arrangement between the Corporation & HDFC Bank wherein HDFC Bank will source housing loans for the Corporation

-Allotts Secured Non Convertible Debentures (NCD's) of Rs 1 million each, aggregating to Rs 2500 million on a private placement basis

-Divests shares of HDFC AMC to Standard Life Investment Ltd. Consequent to the said sale, the Corporation would hold 50.10% of the total paid up capital of the HDFC AMC and the balance 49.90% would be held by Standard Life Investments Ltd.

-Inks loan agreement for $200 million with International Finance Corporation (IFC), the private lending arm of the World Bank

-Cuts home loan rates for fixed-rate loans by about 25 basis points across maturities

-Alpine International Ltd., a sub-account of Warburg Pincus LLC, divests HDFC's 42,50,582 shares reducing its holding to 4.48%

-Share price hits a life time high of Rs 455

-Mr M Narasimham resigns as a Director of the Corporation wef August 20, 2003

-Allotts 3833 Secured Redeemable Non Convertible Debenture (NCDs) of Rs 1 million each aggregating to Rs 3833 million on a private placement basis.

-Unveils its 4th branch in Bangalore at Basaveshwaranagar

-Forges alliance with Tally to unveil EDI for Small & Medium Enterprises (SMEs)

-Allotted 2833 Secured Redeemable Non Convertible Debenture (NCDs) of Rs 1 million each aggregating to Rs 2833 million on a private placement basis

--Tied up with ICICI Bank and SBI for sharing ATM networks

-HDFC unveils innovative housing product

2004

-Becomes the first private corporate to raise Rs 1,000 crore debt in a single tranche and in a single option

- The Company has received disclosures from Mr. D S Parekh - Chariman and Mr Susir Kumar - Company Secretary of their acquisitions. The details are as follows : i) Mr. D S Parekh has on March 02, 2004 acquired 25,000 shares. The mode of acquisition is allotment pursuant to exercise of options vested under ESOS and his shareholding after the said acquisition is 3,00,500 shares amounting to 0.1223% of the voting rights of the company; ii) Mr. Susir Kumar M has on March 02, 2004 acquired 6,800 shares. The mode of acquisition is allotment pursuant to exercise of options vested under ESOS and his shareholding after the said acquisition is 6,800 shares amounting to 0.0028% of the voting rights of the company.

-HDFC inaugurated its 16th office in Tamil Nadu and 6th office in Chennai at the southern suburb of Velachery

-Capital Research acquires 1.38 pc additional stake in HDFC

2005

-HDFC, Elcot sign pact to promote infotech in TN

-Forbes Group ties up with HDFC to set up media firm

-Hudco ties up with Pragati Social Infrastructure & Development Ltd to float new JV

-HDFC JV unveils Yellow Pages in Ahemedabad

-HDFC and WL Ross team up to invest in Indian corporate turnarounds

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At 10:16 AM, Blogger Rajesh Bharathy said...

Respected Support Member,

My name is Rajesh and I believe I am one of your Valuable customer for more than 6 long years. I took a HDFC Life Insurance Policy ( Sampurna Samidhi ) and my policy number is 14720263 two years back. I paid the first year Amount through my credit card in one of your Madipakkam Branch where I opened this policy and I got a format Life Insurance Kit along with the Bill Receipt. For the second year premium I paid online from your Website using my Debit card and just got a confirmation message and a letter which stated that my Policy has been renewed without any Amount Value or how much I paid for it.

Couple of weeks back I entered my password wrong for couple of times when I tried to log-in and my account got blocked. I do got the new password but still I am not able to Log-in and repeatedly getting an Error Message to contact your support number. Last week Tuesday / Wednesday I contacted your support number and spent close to 45 minutes requesting to unblock my Account since I needed a soft copy of my second year premium so that I can file my IT returns. First person I spoke to Junaid from your support department and I explained him everything in detail and also the emergency of the soft copy I needed. I spent close to 15 minutes and he told he is going to transfer my call to the customer support division and simply transferred to the board number. Again I pressed the option 2 and spoke with another person by the name Varun / Vinay ( not sure ) again I explained him in detail spending close to 15 minutes got the same reply and transferred me back to your board number. Again I pressed the same # 2 option and spoke to Karthick and he some what listened to my words and promised me that I will be getting a soft copy of my second year Bill within 30 minutes and also unlock my online log-in and also will get a follow up call which is close to 1 week and still waiting to hear from you guys.

Eventually I was not able to file my IT returns and save my Tax for this year. What is the use for me to have your policy if your support team is not able to help me ? Are you guys going to give a compensation back to me ? Why the hell I am using your Credit Card and also made HDFC as my number 1 choice ? I was planning to use again HDFC for my housing loan which I need within this month ? I decided my mind not to go with you guys.

Your customer support SUCKS. Y the hell do you give fake promises ? I need a Bill for my second year premium ASAP and also need to close this policy and need my entire amount I paid you guys ASAP. Please contact me Via Phone or Email ASAP.


Regards,

Rajesh

 
At 10:16 AM, Blogger Rajesh Bharathy said...

Respected Support Member,

My name is Rajesh and I believe I am one of your Valuable customer for more than 6 long years. I took a HDFC Life Insurance Policy ( Sampurna Samidhi ) and my policy number is 14720263 two years back. I paid the first year Amount through my credit card in one of your Madipakkam Branch where I opened this policy and I got a format Life Insurance Kit along with the Bill Receipt. For the second year premium I paid online from your Website using my Debit card and just got a confirmation message and a letter which stated that my Policy has been renewed without any Amount Value or how much I paid for it.

Couple of weeks back I entered my password wrong for couple of times when I tried to log-in and my account got blocked. I do got the new password but still I am not able to Log-in and repeatedly getting an Error Message to contact your support number. Last week Tuesday / Wednesday I contacted your support number and spent close to 45 minutes requesting to unblock my Account since I needed a soft copy of my second year premium so that I can file my IT returns. First person I spoke to Junaid from your support department and I explained him everything in detail and also the emergency of the soft copy I needed. I spent close to 15 minutes and he told he is going to transfer my call to the customer support division and simply transferred to the board number. Again I pressed the option 2 and spoke with another person by the name Varun / Vinay ( not sure ) again I explained him in detail spending close to 15 minutes got the same reply and transferred me back to your board number. Again I pressed the same # 2 option and spoke to Karthick and he some what listened to my words and promised me that I will be getting a soft copy of my second year Bill within 30 minutes and also unlock my online log-in and also will get a follow up call which is close to 1 week and still waiting to hear from you guys.

Eventually I was not able to file my IT returns and save my Tax for this year. What is the use for me to have your policy if your support team is not able to help me ? Are you guys going to give a compensation back to me ? Why the hell I am using your Credit Card and also made HDFC as my number 1 choice ? I was planning to use again HDFC for my housing loan which I need within this month ? I decided my mind not to go with you guys.

Your customer support SUCKS. Y the hell do you give fake promises ? I need a Bill for my second year premium ASAP and also need to close this policy and need my entire amount I paid you guys ASAP. Please contact me Via Phone or Email ASAP.


Regards,

Rajesh

 
At 10:17 AM, Blogger Rajesh Bharathy said...

Respected Support Member,

My name is Rajesh and I believe I am one of your Valuable customer for more than 6 long years. I took a HDFC Life Insurance Policy ( Sampurna Samidhi ) and my policy number is 14720263 two years back. I paid the first year Amount through my credit card in one of your Madipakkam Branch where I opened this policy and I got a format Life Insurance Kit along with the Bill Receipt. For the second year premium I paid online from your Website using my Debit card and just got a confirmation message and a letter which stated that my Policy has been renewed without any Amount Value or how much I paid for it.

Couple of weeks back I entered my password wrong for couple of times when I tried to log-in and my account got blocked. I do got the new password but still I am not able to Log-in and repeatedly getting an Error Message to contact your support number. Last week Tuesday / Wednesday I contacted your support number and spent close to 45 minutes requesting to unblock my Account since I needed a soft copy of my second year premium so that I can file my IT returns. First person I spoke to Junaid from your support department and I explained him everything in detail and also the emergency of the soft copy I needed. I spent close to 15 minutes and he told he is going to transfer my call to the customer support division and simply transferred to the board number. Again I pressed the option 2 and spoke with another person by the name Varun / Vinay ( not sure ) again I explained him in detail spending close to 15 minutes got the same reply and transferred me back to your board number. Again I pressed the same # 2 option and spoke to Karthick and he some what listened to my words and promised me that I will be getting a soft copy of my second year Bill within 30 minutes and also unlock my online log-in and also will get a follow up call which is close to 1 week and still waiting to hear from you guys.

Eventually I was not able to file my IT returns and save my Tax for this year. What is the use for me to have your policy if your support team is not able to help me ? Are you guys going to give a compensation back to me ? Why the hell I am using your Credit Card and also made HDFC as my number 1 choice ? I was planning to use again HDFC for my housing loan which I need within this month ? I decided my mind not to go with you guys.

Your customer support SUCKS. Y the hell do you give fake promises ? I need a Bill for my second year premium ASAP and also need to close this policy and need my entire amount I paid you guys ASAP. Please contact me Via Phone or Email ASAP.


Regards,

Rajesh

 
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At 11:50 PM, Blogger Ranjana Shah said...

Pathetic customer service and pathetic collection agent.... just after my money.
no empathy just want my money .....

 
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At 4:47 PM, Blogger Unknown said...

Hello international banker, Our citizens encouraged you to rend services to citizens and not too look our blood earn money. Our Government is encouraging us to go cashless to end corruption in our STATE, but I see YOU are mercilessly giving way to start corruption. Reason I used my debit card for petrol and I see my blood money is penalised as Sur charge for using debit cardz do this look fair. Sudhakar achar, Bangalore.

 
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