[Resolved]  Citi Bank — false statements while opening citibank account

Address:

Bangalore, Karnataka

While opening citi bank account, i was informed that citi bank has a tie up with bajaj allianz. I was asked to invest Rs 2000 /- every month. The terms specified were, i can stop this policy any time and there are no surrender charges. Instead, i was informed that minimum 10 % interest on principle amount will be given. But when I called up bajaj allianz, I was told that there is no mimimum garuantee. I have paid nearly Rs 1 lakh. After four years, they are telling that now my surrender value is only Rs 68000 /- Also, while taking the policy only a check box was required to be filled in the application form. Now, during closing of the policy, they are asking many documents to be submitted. There are no replies to mails. I have seen similar complaints in this forum. Please help me if any one has a solution to get my money back.