Business

oi-Vipul Das

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Bajaj Finance Limited a part of Bajaj Holdings has warned customers or borrowers against fake loans in exchange of an insurance policy purchase. Via its official Twitter handle the lending firm has said that “Always remember that Bajaj Finance Ltd., does not require you to make a compulsory purchase of any other products to avail a loan. Don’t fall into such traps!.”

Bajaj Finance Warns Customers Against Fake Loans: Check Report

The Non-Banking Financial Company (NBFC) Bajaj Finance Limited has stated that “We wish to alert you of a new form of fraud wherein fraudsters posing as Bajaj Finance representatives are duping the public to compulsorily buy a life insurance policy as a pre-condition to avail a loan.” As a warning to the customers the firm has requested that “We urge you to never engage with any…

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