Bajaj Finance — Deduction for insurance policy

Address:

Mumbai City, Maharashtra

Dear sir, This has reference to loan account no. 405SPF08087645 & consumer ID no. 20914180. Sir, while making the application for personal loan, I had applied for life insurance for the amount Rs. 5, 00, 000/- (equivalent to my personal loan amount). For the insurance I was informed that the premium amount would be Rs. 8500/- & same has been added to my loan amount. Now I have been offered a (Health guard -Individual policy) a health insurance instead of life insurance which I do not require & I am not interested to purchase the same as I am already provided with better medical facility from my company. Sir, as I have not applied for health insurance policy you are requested to take necessary action to cancel the health insurance policy issued to me. You are also requested to make sure that any charges pertaining to cancellation shall not be booked on my head. Details of health policy is also indicated below: Policy no.: OG[protected]-00005395 Policy issued on: 18.03.2015 at 02:14:28 hrs Period of insurance: 13/03/2015 00:00:00 hrs to 12/03/2016 (midnight) Insurer name: Pradeep Kumar Ashok Kumar Sharma Final premium =[protected]net premium)+ 813 (service tax) + 24 (Edu cess Tax)) I would also request M/s Bajaj Allianz General Insurance Co. Ltd. (as both belong to same mother company) to initiate suitable action along with M/s Bajaj Finance LTD for cancelling the referred policy & return the entire amount to undersigned without being loaded by any sort of cancellation charges. That is why this email is also marked to M/s Bajaj Allianz General Insurance Co. Ltd. Sir, You are also requested to note that a Sum of Rs. 8500/- have been deducted from my loan amount whereas only Rs. 7609/- has been utilized for health insurance policy (which I do not require). I am unable to understand where remaining amount Rs. 891/- has gone. You are requested to furnish me the details of the same. You are requested to note that I am also paying interest on missing amount. I would urge to take necessary action at the earliest & relieve me from mental stress. Thanking you, Regards, Sharma Pradeep Kumar