[Resolved]  Bajaj Auto Fin — Discrepancy in sum assured amount

Address:Ahmedabad, Gujarat

I had taken a loan from Bajaj Finance for consumer durable on 15/5/10. Along with the finance, a life insurance policy of Rs. 2 Lac was given to me at the total premium of Rs. 1786.

Policy detail:

Loan account no - 4180cd00037169
Sub master policy no – [protected]
Start date 15/5/2010
Membership no 280233
Premium Rs. 1786

I was surprised to see that the official policy letter reached to me is showing Rs. 1 Lac only whereas I am paying for Rs. 2 Lac’s policy.

Since then I am following up with the Bajaj Fin. Representative as well as with the local branch and various customer care representatives, but it had yield no result.

I am afraid to say that if even now enduring issue is not shorted out, I would forced to stop the remaining payment.

Would appreciate immediate help.

Mahendra Parmar
(M) [protected]
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Aug 13, 2020
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