[Resolved]  Bajaj Allianz — Bajaj Allianz - Bajaj Allianz Life Insurance Company Ltd. - CITI Bank and Bajaj Allianz group Policy fraud

Address:

Gurgaon, Haryana

I opened a Citi bank salary account in June-2011.When I was offered for the BajajAllianz insurance policy linked with Citi bank suvidha account. They guaranteed 8-9% returns and 2 years lock period and also misguided me by referring the same as Recurring deposit . I am paying 1500/month and paid (50*1500=75, 000/-) till date. However as I completed more than 4 years which is locking period for policy, when I called customer care to withdraw the policy they said to charge more than 30, 000 as an administration fee. I've paid more than 75, 000 in last 4+ years and clubbing with interest of 8.5% I must be getting 96, 000+ rs, but customer care executive told me that my maturity amount would be only 65, 000 rs after deducting administration charges. I want to get rid of the insurance policy. I am seeing lot of complaints about this, but none of them say the problem is resolved. I've never seen such a fraud company like this, literally they are robbers. BEWARE of CITIBANK AND BAJAJ ALLIANZ CROOKS. Please find required details below. Policy No :- [protected] Product Name:- SARVE SHAKTI SURAKSHA Policy Holder:- MR ADITYA KULSHRESTHA Master Policy Holder Number :- [protected] Contact details:- Mail ID:- kulsh.[protected]@gmail.com Mobile no:-[protected];[protected]