[Resolved] Bajaj Allianz / New Family Gain — Cheating of 30% fund allocation | |
hi my name is ramesh k rajpal. resident of mumbai retired. i have my retirement account in janakalyan sahakari bank chembur branch. and the branch manager mr avinash munde advised me to gain more money by investing in bajaj allianz family plan. he said if you invest rs 99000 yearly for 3 yrs you will get rs 4, 50, 000 after 3 yrs which was misleading for me. and the same details were given to me by the employe of bajaj allianz mr Mangesh who has his counter in the bank. he never gave me an illustration showing that 70% will be deducted in the first year this is complete misselling and cheating case. if you search on google for keywords "bajaj allianz cheating" you will find they have done the same thing with increadibly high customers. i am a retired person and when i got my policy papers which i recently checked there is no illsutration signed and authorized by me at the end of the policy document. please tell me how do i claimmy money back as i am 62 yrs old and i cannot afford to lose my money truly regards RK Rajpal Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
 20 Comments | |
Comments
Write to the CEO of Bajaj Allianz - kamesh.[protected]@bajaallianz.co.in - these cheats have done the same with my hard earned money too. In my case they said I would have to invest 1 lakh for 3 years and I would get Rs, 1 Crore after 20 years if the market goes up at 20% p.a. They have knocked of Rs. 40000 (20%) by way of charges itself from my iinvestment.
Reply
kamesh.[protected]@bajajallianz.co.in - sorry this is the correct address
even i didnt receive my fathers claim amount... they say that policy has been rejected.. after the death of my father they say that its due to diabetes and those patients are unable to take policies... we had paid premium for 2 yrs that would be 25000.. they are not refunding my amount
Hi all,
Even I have invested and now its 3 yrs since i have been investing but when i checked account statement, firts year they have accocated only 30%. Please those who are planning to invest please be aware of deductions and collect full information. As per my views this is not best plan may be company to invest in.
Regards
Savitri
Even I have invested and now its 3 yrs since i have been investing but when i checked account statement, firts year they have accocated only 30%. Please those who are planning to invest please be aware of deductions and collect full information. As per my views this is not best plan may be company to invest in.
Regards
Savitri
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As there is no contact information, please contact the nos below and we will be happy to help you.
Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected] SMS [protected]@56070
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected] SMS [protected]@56070
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
new family gain
hi
my name is dayaljibhai gautami. resident of gandhinagar retired.
i have my retirement account in gandhinagar branch. and the marketing department advised me to gain more money by investing in bajaj allianz family plan. he said if you invest rs 5000 yearly for 3 yrs you will get rs 18, 000 after 3 yrs it was complete last year 2009. Now i want to stop my policy on 9-8-10 but i have only 12, 624 instead of 18, 000 i lost my original money in the your plan. I am a carpainter, Now i need moneynow because of my daughter's marriage.& i dont wish lost of my money.
please tell me how do i to back my money i am 52 yrs old and i cannot afford to lose my money
truly
regards
d.m.gautami
my name is dayaljibhai gautami. resident of gandhinagar retired.
i have my retirement account in gandhinagar branch. and the marketing department advised me to gain more money by investing in bajaj allianz family plan. he said if you invest rs 5000 yearly for 3 yrs you will get rs 18, 000 after 3 yrs it was complete last year 2009. Now i want to stop my policy on 9-8-10 but i have only 12, 624 instead of 18, 000 i lost my original money in the your plan. I am a carpainter, Now i need moneynow because of my daughter's marriage.& i dont wish lost of my money.
please tell me how do i to back my money i am 52 yrs old and i cannot afford to lose my money
truly
regards
d.m.gautami
I ALSO HAD A SIMILAR PROBLEM. UR AGENT DIDNOT BRING TO MY ATTENTION ABOUT 30% ALLOCATION FIRST YEAR. IHAVE SOFAR PAID A PREMIUM OF 20000 @1250 qly FROM DEC 2006.BUT FROM THE SITE I FIND THAT THE PRESENT FUND VALUE IS LESS THAN 15000 ONLY.CUD U LET ME KNOW WHETHER IT IS ADVISABLE TO COTINUE THIS POLICY SO ASTO AVOID ANY FURTHER LOSSES. OR GIVE ME ILLUSTRATION IFAT ALL ANY GROWTH IS EXPECTED IF I CONTINUE THE POLICY MY PLICY TYPE IS NEW FAMILYGAIN AND IAM WRITING THIS FROM COCHIN KERALA MY E MAIL ID IS [protected]@gmail.com REGARDS G.SURESH SHENOY
I agree with the views expressed by others since I've also been cheated in a similar manner.
My Name is Prabir. I also faced the same problem.I am given 4 Yrs to company @ 15000 per year. But after the fourth year I came to know from my account statements that I do not have my total premium ammount itself. So please suggest is there any way by which I will not lose my money.
Dear Sir,
Above mention the problems we have face it. My name is Jithesh, my father invest 30000 INR with yearly installments form 24/12/2007. your agent was told him to invest 30000 INR you will get 50000 INR when you complete the 4 year. your agent was cheating us..
kindly replay me
Jithesh.[protected]@gmail.com
Above mention the problems we have face it. My name is Jithesh, my father invest 30000 INR with yearly installments form 24/12/2007. your agent was told him to invest 30000 INR you will get 50000 INR when you complete the 4 year. your agent was cheating us..
kindly replay me
Jithesh.[protected]@gmail.com
I am Subodh Barve, From vikhroli Mumbai ..My neighbor Vasant Hegade wants me to involved in vcan marketing & for that he involved me in to bajaj allianz family gain plan. As per him that we need to pay 12000/-per year after 3years i[censored] dont want to continue than u r able to withdrawal at least 48000/-rs I have already paid to co. 36, 000/- but as per the companies Game o[censored]nits I have in my A/C only 20, 000/-rs. pls help us to ...I think we need to join together & take action against the company...
New family gain plan from bajaj allianz is a cen present cheating plan for the customers.at the same time this is the best plan for the agents, who is getting more commission than any other plans. 30% allocation for the fisrt time is not at all acceptale and this is not revealing the agent at the time of policy.Now every body realised how the multinationals corporates are squezing the poor and innocent people in india . so do not believe those words and invest your money in nationalised banks or buy small plots in your locality.
I too have been cheated .Me my wife and my two sons took this policy on the recommendation of a agent who said similar words that at that point of time this is the best policy available in the market.I really feel that such companies who take 70% as allocation must be treated like cheaters and i feel it is criminal when some one's hard earned money is looted in such way . Govt. should interfere and do some thing about is and force such companies to return the money stolen from it's citizens and penalize them so that they don't dare to do it again.
Dr. V N Singh
Dr. V N Singh
What do we do about it .
i am Ranjan Panda, From virar Mumbai ..My Friend wants me to involved in RMP marketing & for that he involved me in to bajaj allianz family gain plan in 2008. As per him that we need to pay 12000/-per year after 3years i[censored] dont want to continue than u r able to withdrawal at least 48000/-rs I have already paid to co. 48, 000/- but as per the companies Game o[censored]nits I have in my A/C only 34156/-rs. pls help us to ...I think we need to join together & take action against the company. The company is spreading their agent to make fool poor people in India.
yes i agree &same problem i am also paused today. i deposited per year rs12400/-.already four year completed.today my fifth year renewal.today i checked my account, it is truly socked.in my a/c is balance rs 37000/-.
it is big fraud company
it is big fraud company
Do not be a prey to this dirty so called Bajaj Allianz scheme. This nothing but a online robbery, misguiding people, dirty non-qualified staff. I am struggling for almost 1 year to get my money (150000) back. Please publish your experience and comments and save innocent people
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