HDB Financial Services Reviews

Likes

HDB Finance is a leading financial services provider in India, offering various loan products and services. Here are some aspects that customers appreciate about HDB Finance: *Key Strengths:* 1. Easy Loan Approval: Streamlined processes and minimal documentation make loan approval quick and hassle-free. 2. Competitive Interest Rates: HDB Finance offers attractive interest rates, making loans more affordable. 3. Flexible Repayment Options: Customers can choose from various repayment plans to suit their financial needs. 4. Diverse Loan Products: HDB Finance provides a range of loans, including personal, home, car, business, and gold loans. 5. Wide Reach: Extensive network of branches and partnerships with banks ensures accessibility. 6. Customer Support: Dedicated customer care team provides assistance throughout the loan process. 7. Transparency: Clear and concise communication about loan terms, conditions, and charges. *Benefits:* 1. Quick Disbursal: Fast loan disbursal ensures timely access to funds. 2. Minimal Documentation: Simple and hassle-free documentation process. 3. Customized Solutions: Loans tailored to individual customer needs. 4. Doorstep Service: Loan processing and documentation at customers' doorstep. *Awards and Recognition:* 1. "Best NBFC of the Year" (2019) - The Economic Times BFSI Awards. 2. "Excellence in Financial Inclusion" (2020) - 14th India Business Awards. *Customer Reviews:* Customers praise HDB Finance for its: 1. Efficient customer service. 2. Smooth loan processing. 3. Competitive interest rates. 4. Flexible repayment options. *Areas for Improvement:* Some customers suggest: 1. Improving digital platform user experience. 2. Enhancing transparency regarding fees and charges. 3. Expanding product offerings. Keep in mind that individual experiences may vary. It's essential to research and evaluate HDB Finance services based on your specific needs. Would you like more information on HDB Finance or comparisons with other financial institutions?...Read More

Dislikes

Based on customer reviews and feedback, here are some aspects that customers dislike about HDB Finance services: *Common Concerns:* 1. High Interest Rates: Some customers find interest rates higher than expected. 2. Hidden Charges: Additional fees, such as processing fees, documentation charges, and foreclosure charges. 3. Strict Eligibility Criteria: Some customers face difficulties meeting eligibility requirements. 4. Lengthy Disbursal Process: Delays in loan disbursal cause inconvenience. 5. Inefficient Customer Support: Some customers experience unresponsive or unhelpful customer service. 6. Lack of Transparency: Unclear communication about loan terms, conditions, and charges. 7. Prepayment Penalties: Charges for early loan repayment. 8. Limited Branch Network: Inconvenient branch locations. *Customer Complaints:* 1. Difficulty in getting loan approvals. 2. Frequent documentation requests. 3. Delayed loan disbursal. 4. Unclear repayment schedules. 5. Unhelpful customer support. *Online Reviews:* Rating platforms like Google, Trustpilot, and BankBazaar reflect mixed reviews: 1. Google Rating: 3.8/5 (average) 2. Trustpilot Rating: 3.5/5 (average) 3. BankBazaar Rating: 3.5/5 (average) *Areas for Improvement:* Customers suggest HDB Finance: 1. Simplify documentation processes. 2. Enhance digital platform user experience. 3. Increase transparency regarding fees and charges. 4. Improve customer support responsiveness. 5. Offer more flexible repayment options. *Regulatory Concerns:* HDB Finance has faced regulatory issues in the past, including: 1. RBI penalties for non-compliance. 2. Allegations of unfair business practices. Please note that individual experiences may vary, and these concerns may not be universal. Would you like more information on HDB Finance or comparisons with other financial institutions?...Read More

Work Details

Work days: Monday to Saturday (Strict Timings) 

Likes

Senior Managers are uneducated and mostly from poor background. So they will only ask about sales, no training required, no technical knowledge required, even if you dont know what to do daily, you can work in this company. This is kind of government job with less salary and NO employee benefits. So you can enjoy your work and salary at the end of month. You have to build capacity to work Sales+Collection+InsuranceSales on the same profile. If you are very poor and family members are dying than you should join because you will die every single day in this job....Read More

Dislikes

- HDB don't provide appraisal. So work only for incentive if you join. - This job is only for local village people or if you are getting your hometown so you can think long term carrier because there is no growth for your future but you will get your salary. - Diwali Bonus is ZERO (dont expect a Sweet Box) abd you have to pay to your team something from your pocket first. - If you are a sales manager that means you have to do collection also door to door, (13th to till last of month) they dont mention it before joining the company. This is a combine role. - You have to work 7 days a week, they will ask selfie on shop every sunday so that you can't take leave. - Leave Policy/Medical Policy/Claim Policy is just for name, you can not ask about it. - Notice Period is 3 Months and they dont provide FnF and relieving letter before 60 Days of your last working day. - As I mentioned, uneducated and poor background managers will daily abuse you in the morning and in the night for sales. - This job is for daily 12hours because they will start meeting sometime at 9 in the morning and you have to share report till 12 in the night....Read More

Work Details

Work timings: Strict Timings 

Work related travel: This job involves Travel Within City.