[Resolved]  Bajaj Allianz — Loan against Policy

Address:Kolkata, West Bengal

Firstly I have applied on line for a personal Loan to Bajaj. After few days Local Bajaj Allianz Agent (Contact No-[protected]) called me that You are eligible for a Personal Loan of 2.5 Lakhs & the process is that firstly you have to Pay 10% of loan amount by draft to Bajaj Alianz Life Insurance Company Limited. This will be Register as Life Insurance then it will configure as a Loan account . After submitting the draft there were few verification completed, during the verification the Agent have told me that never asked the verification officer about Loan, actually it will be converted Insurance to Loan after all the verification . The agent have told me you will received two bond paper one is for your and the others will collect from your home . when I received the first bond paper on 21st Aug, I checked that it was all about Bajaj Life Insurance Bond Paper Details there were nothing about Loan details, immediately I have called to the agent but his number was switch off, then I called to the customer care that day just for a confirmation that is there any process Bajaj Allianz Life insurance to Loan conversion the representative didn’t clarified me at all. After two days I called the Agent and told him about the bond paper and he told that there are some error on the bond paper and it will collected and rectified . The very next day it was collected from my home. Then the Agent was continuously saying that all your documents & loan will clear after 6th Sep . However after 6th sep his phone number being switched off. Policy No-[protected]
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Aug 14, 2020
Complaint marked as Resolved 
Bajaj Allianz customer support has been notified about the posted complaint.
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Dear Sudha,

Thank you for reaching out to us.

We would like to look into the issue and investigate it thoroughly. We've notified the concerned team, however to initiate the process of resolution, we would require additional details from you. You are requested to share your details with us at the following link: http://general.bajajallianz.com/BagicNxt/misc/iTrack/indexOnlineGrv.do .

The concerned team shall provide it’s response to your grievances on priority. Take care to mention reference no. "ORM021812" when writing to us.

Regards,

Bajaj Allianz
Life Insurance Team.
Dear Sudha,

An email has been sent to you mentioning the details. We request you to refer to the same for more details. If there is any
further assistance required, we request you to revert to the same email.We hope your query has been resolved. 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
Hi all,
My self Amit Sadafal, I have revived a call from Rahul Sawant & he told me that he is a representative of Bajaj Finance. He told me that you are eligible for a loan of Rs 3 Lacks & for that you have to deposit a money of Rs 30, 000 (10% of a loan amount, for 10 years of repayment schedule). I was in a need of a money so that I blindly trusted him and paid the amount by the name of "Destimoney Securities Pvt Ltd Mumbai" by RTGS.
I was asked to take up a policy of bharti axa life insurance since i was in need of personal loan.I was told that i'll get loan against the policy from bajaj finance.the bajaj finance guy's name was Rahul Sawant, he told me that dont say that u need any loan against this policy when u will get call from Destimoney Securities for verification.
After a week I again revived a call by the name of Ms. Krutika and she told me that Your file is in process but for that you have to pay a GST amount @ 18% (54, 000/-) but we can manage this amount to Rs 15, 000/- and then your loan amount will be sanctioned within a week. I refused to pay a Rs 15, 000/- unless and until they provide me a legal documents regarding the policy but they refused to provide a documents. Further I tried to get some Information about the scheme and found that it's a scam...!!!
I need my money back, so please take some legal action against them, kindly take some needful action so that they will not able to scam more people.
Following are the Name with contact numbers of the so called "Bajaj Finance" Representatives:
1. Rahul Sawant- [protected]
2. Ms. Krutika - [protected]
3. Ms. Swati Pagare- [protected]
4.[protected]/ [protected]
Please don't revive a call from these numbers or don't entertain them.

Dear Sir/ Madam,
I have got call from Bajaj Finance loan against Policy. someone call me for loan, he said take a policy from Bharti Axa Insurance Company, 15 days after issuing policy, we will give loan 10 time of 1st year policy premium.
please suggest me in this regard,
that process is done by Bajaj Finance, they will done policy from Bharti Axa Insurance & Loan given by Bajaj Finance on basis of policy premium, no any extra payment except premium amount.

Call received from Sakshi : [protected] & Ajay [protected].

Regards,
Jai Kishan
Dear sir
We got a call from bajaj finserv limited for a loan aganst policy of 0% interstitial. With in 48 after deposit of premium 17500
We are all ready pay kotak Mahendra bank favor of bajaj fin.then he told him we could not provide you loan policy could not generate. So he want more 17500 .tomorrow morning he call me.for deposit
What can I do don't know. Call me Rohit Agarwal. Also a loan sensation latter. We add him.please help me. Phone number [protected].it's my phone number.

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