Comments
This is an interesting case. I came to this page since I received a similar call today and wanted to check on the Internet about this Bajaj-BSNL offer. It is good that this person has taken the trouble to check with the company and also post his/her findings here for the use of others.
My purpose of finding about the genuinity of this company has been satisfied. But I am still thinking whether I need to gather more information by personally visiting the place and collecting the Bond or simply ignore the call.
naavi
My purpose of finding about the genuinity of this company has been satisfied. But I am still thinking whether I need to gather more information by personally visiting the place and collecting the Bond or simply ignore the call.
naavi
I visited the company on 31st July 2011 and need to place my modified views.
The Company is Bajaj Capital Insurance Broking Ltd. The Residency road office is not listed in the www.bajajcapital.com as a branch.
There was an offer of BSNL in 2008 which was in place only for one year. The company seems to be using this old offer as an excuse to call the BSNL owners and to that extent misrepresenting.
Otherwise it is like one of those marketing companies which invite you to their place with a small value gift and force you to sit through a presentation where they are likely to sell you an insurance scheme.
Though I finally refused to take any new insurance policy, I have been given the Personal Accident Insurance Policy for Rs 1 lakh from the National Insurance company. The IRDA code quoted is : 91, 241 (In the list of insuance brokers, the certificate for Bajaj capital is shown as 241. However the License Code No of Bajaj Capital Ins broking limited is shown as CB 042/02)
During the discussions there was one interesting technique used by the company. In the noicy room, suddenly a bell was rung. All the marketing people stood up. There was an announcement that I had become a member of the Bajaj family and accepted an insurance policy of Ajeev Anand, of Bharti Axa Ltd. The fact was that I had not taken the ajeev anand policy though I had accepted the Accident Insurance Policy and therefore may be called technically a member of the bajaj family. What this achieved was that every body else in the room thought that I had taken a policy. There were several other rings and only those persons who had not taken the policy were perhaps aware that it was a gimmick.
Summary: The company is using a marketing strategy to get people to their premises and listen to the marketing pitch. In return they have given a Personal Accident Insurance Policy for one year for Rs 1 lakh. Though we have been promised a life time policy. The policy is valid only for one year and each year we need to go through the drill of listening to the marketing presentation of over 1 hour to get the policy renewed. The value of the policy is Rs 40 only.
All the effort was not worth the benefit.
It may be good for IRDA to stop this marketing gimmick.
Naavi of naavi.org
The Company is Bajaj Capital Insurance Broking Ltd. The Residency road office is not listed in the www.bajajcapital.com as a branch.
There was an offer of BSNL in 2008 which was in place only for one year. The company seems to be using this old offer as an excuse to call the BSNL owners and to that extent misrepresenting.
Otherwise it is like one of those marketing companies which invite you to their place with a small value gift and force you to sit through a presentation where they are likely to sell you an insurance scheme.
Though I finally refused to take any new insurance policy, I have been given the Personal Accident Insurance Policy for Rs 1 lakh from the National Insurance company. The IRDA code quoted is : 91, 241 (In the list of insuance brokers, the certificate for Bajaj capital is shown as 241. However the License Code No of Bajaj Capital Ins broking limited is shown as CB 042/02)
During the discussions there was one interesting technique used by the company. In the noicy room, suddenly a bell was rung. All the marketing people stood up. There was an announcement that I had become a member of the Bajaj family and accepted an insurance policy of Ajeev Anand, of Bharti Axa Ltd. The fact was that I had not taken the ajeev anand policy though I had accepted the Accident Insurance Policy and therefore may be called technically a member of the bajaj family. What this achieved was that every body else in the room thought that I had taken a policy. There were several other rings and only those persons who had not taken the policy were perhaps aware that it was a gimmick.
Summary: The company is using a marketing strategy to get people to their premises and listen to the marketing pitch. In return they have given a Personal Accident Insurance Policy for one year for Rs 1 lakh. Though we have been promised a life time policy. The policy is valid only for one year and each year we need to go through the drill of listening to the marketing presentation of over 1 hour to get the policy renewed. The value of the policy is Rs 40 only.
All the effort was not worth the benefit.
It may be good for IRDA to stop this marketing gimmick.
Naavi of naavi.org
I too got a call few minutes back from so called "Bajaj Capital" barton Center 2nd Floor Unit 210. Caller name was Naveen and when I asked back several questions he transfered call to Nandini. She stated that what ever Naveen explained about Free life time life coverage insurance is true. And it is only for few selected couples. She was in a hurry to get an appointment from me to visit their office today itself. I also asked her to share any web page where I can see this "Free Policy" details, she said I can't find anything like that in web or in Bajaj Capital website. Then I said will come back after 15 minutes. Then I found this page when googled. Thought I will also share my experience so that like me others also can same their time and money in this scenario.
I too got a call few minutes back from so called "Bajaj Capital" 374, RR Complex, Above Raja Shahib Showroom, Lane No.1, Raja Park, Near Panchwati Circle, raja park, Jaipur - 302004 . Caller name was ... and when I asked back several questions he transferred call to manager. She stated that what ever ... explained about Free life time life coverage insurance is true. And it is only for few selected couples. She was in a hurry to get an appointment from me to visit their office today itself. I also asked her to share any web page where I can see this "Free Policy" details, she said I can't find anything like that in web or in Bajaj Capital website. Then I said will come back after 15 minutes. Then I found this page when googled. Thought I will also share my experience so that like me others also can same their time and money in this scenario.
Yes we also experienced same.. Actually i didn't know about that.. But my dad got call from this fake company telling that you had who 1 lack bond and come to our office with your spouse to claim your bond.. So i had don't ideal about this.. I went with my dad.. They bring us inside and enquiryed about our family.. And stated to explaining about their policy .. Nothing it was new marketing statergy to reach ppl.. And finnally they gives that national safety claim bond... And it was no use.. If you've work just ignore a call.. If want a time pass .. Attain the call.. That's it..
I jus got a call frm a diff number claiming the exact details as mentioned above!! and wen i askd dat lady to give me a website so i can verify dis she juz told she will call back later with the details n tell!! So i tot it was suspicious dat a person frm de same company doesnt knw abt their website so i googled dis issue and i came across ur post!! Thanx a ton!! Dis was very helpful in clearing my doubts!! Nw i'm gona troll them de nxt tym dey call!! :D
81%
Complaints
138
Pending
0
Resolved
110
+91 11 6700 0000
+91 11 4169 3000
+91 11 3988 1010
Mezzanine Floor, 97, Bajaj House, Nehru Place, New Delhi, Delhi, India
bajaj capital insurance broking co ltd — not receive pf amount
Dear sir ,My self Chirag patel s. and i m the x employee of bajaj capital ahmedabad branch my Employee I D is 1144.
Here i write this mail because still i m not getting Full and final ammount and P F ammount .i already summit the PF form No.10 c (E.P.C) and form no. 19 before six month.my employee and P F form deail are as below.
NAME : Chirag Patel S
EMPLOYEE ID : 1144
DEPARTMENT : AHMEDABAD (IPC)
LOCATION : AHMEDABAD
BUSINESS CODE : 40782
DESIGNATION : TRAINEE CLIENT RELATIONSHIP EXECUTIVE
FATHER NAME : SEVANTIBHAI
GRADE : B4
DOB : 15/08/1984
DATE OF JOINING : 26/08/2006
DATE OF LIVING : 12/08/2007
PF NO : DL28730/1144
From the above information please let me know that what is the status of my Full and final ammount and P F ammount reply me as soon as possible.
Thanks & Rgards
Chirag S patel
(m) +91 [protected]