[Resolved]  Bajaj Allianz — fraud policy sarva shakti suraksha :::not giving even my premium

Address:Gautam Buddh Nagar, Uttar Pradesh

I was forced to take the policy at the time of opening corporate account. I was told that you will yield 8.5% pa interest and there is no lock in period and you may pull out the amount any time after 1 years without any charges. Also they informed you have 9.6 lakh of coverage. No policy documents were given to me by citibank and bajaj. I tried surrenduring the same after one year but i was told it will bear charges of almost 40%. I asked bajaj team to come and discuss and they came down to discuss and told me that it was something wrong from the citibank team but now the only option is to carry on this policy for 4 years so that there is no surrender charges. I have been continously asking for complete policy but it has not been shared till now. Now after completing 4 years when i am trying to surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 Thousand premium which i have paid surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 premium which i have paid and forget about the interest. please help my membership no for policy :[protected] policy number::::[protected] really its fraud joint venture of Citi bank and bajaj now I am sending a letter to PMO along with this complain I just want to the people who are Also lotted by this fraud bajaj Allianz pls join me we will fight for our premium if they don't give us our total premium ashish [protected]
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Aug 14, 2020
Complaint marked as Resolved 
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Hi Ashish,

Thank you for reaching out to us!

We have shared your details with our customer service team who will work further on the reported matter.
The concerned team shall provide its response to your grievance on priority.

For any other inquiry related to Bajaj Allianz Life Insurance you can log on to http://general.bajajallianz.com/BagicNxt/misc/iTrack/indexOnlineGrv.do.

Best Regards,
Bajaj Allianz Life Insurance Team
Dear Ashish,

We have responded to your concern via email, please respond on the same mail for further clarification. In case of any other assistance or more customer service options, please feel free to visit our online customer service page at http://www.bajajallianz.com/Corp/customer-service.jsp

Regards
Bajaj Allianz Life Insurance team

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