[Resolved]  Pancard Club Ltd — fraud in mediclaim benefits and deposit taken

Address:Maharashtra

I have invetsed Rs.35,000 in pan card club which suppose to give me Rs.100,000 at the end of 9 years with mediclaim benefit of Rs.35,000 every year with insurance cover from The New India Assurance Co Ltd.

After 1 year when I submitted my claim for mediclaim, pan card club agent filled form of HDFC ergo from me by telling me that they have taken new policy now onward from hdfc and later on hdfc ergo refuses my claim by stating that hospital is not included in some annexure A of their policy so they will not settle my claim.

So Pan card club neither inform us about new policies nor giving my full deposit money now as I have to pay my debt which I have taken for my hospital expenses.
Was this information helpful?
No (0)
Yes (2)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

I have become a agent for Pan card club ltd. without knowing all the above facts. Really it is a blade/fraud company ?. My god !!!
where will i get black book list of hospitals ????
Pancard Club Ltd. is no. 1 Investment company in India.
My son was invested some amount 10-20 years back for 20 years. he got the promised amount by pancard club.


Secondly we met with a major accident at the time of above policy was in force. after one month
when we equire my agent said we will not get any insurance claim amount, but after enquiring
with pancard people we fill up the form from New India National Insure Co Ltd and submitted the
medical bill etc. On completing of 90 days we got a cheque of Rs. 7000/- as per actual bills
submitted.

so Pancard club is not fraud as per my experience. My email id is [protected]@rediffmail.com
I am yogesh from nashik.my father is takeing pancard club policy in2006.but last year 28aug2012 he is paralyaj.i submited all of report & papers at that time but 7months latter no activity from pancard club.no phone call, no later. When i call in his office they cant give me satisfied answer. After 15dayes april 15 i will taking saport from mahiticha adhikar.
sir,
i have become a membership of PANCARD CLUBS LIMITED on 03/04/2004 and it is ended on 03/04/2013. 9 years has past. so, u told that i will get rupees 15, 300/- So, please till me what should i do to get it. I am mentioning my mobile no. and e-mail id.
So, please reply mi..

PHONE NO.- [protected]
E-MAIL ID.- jaychavan.[protected]@gmail.com
Pancard company is world very good investment company

actually what is pancard club company, why it has no website till, is it?
Investment system is book room night because they are not receive any amount from public without selling something ( Alternative Investment Act). Open doubt is clear If all room Booker (Customer) want to use there Room night then How can afford and provide to all customer. how many room are there in there hotel. The system of money receive is illegal unprovable So it need to investigate how much liabilities over the company vs asset. Income is not so good and heavy commission to agent will cause of bankrupt. It is need to investigate the difference between income vs commission. I openly challenge to the company the commission to agent is above 50% of income. So they will return to investor 2 times from who will invest that time. The company going to bankrupt.
1star

I need the 1 day to 15 days we stay in hotel in Goa.
Pan card club ltd company is goods company in investment line.
I WANT TO KNOW THE NAME OF INSURANCE COMPANY. IN NAGPUR WHERE TO BE REPORTED IN CASE OF MEDI CLAIM? IN WHAT SITE IN WEB I CAN GET THE PRESENT STATUS OF PAN CARD MEMBER?
SHARMISTHA KARMAKAR
CUST ID[protected]/DLI/[protected]
[protected]@rediffmail.com
[protected]
I did invest in this since 2007 - I got all my money as promised -- after 6.1/4 years and have reinvested now the same amount. My agent was fully versed with documentation, service etc. They do give double money after 6yrs 3 months - for amounts starting from 50k -with insurance cover for 50k and double money after 6.5 yrs as of current. So far I have not had any issues.. although I have never used the mediclaim part. I think it is good if company pays interest/medical premium back - which none of other companies can manage.

However - I wouldn't advise putting all your money into PVT FDs as companies can close at any time w/o notice - one has to bear this risk before investing.
my self bhaskar kumar barik, at-cuttack, odisha, [protected], it is may be positive or negative think him self.
I have deposit amount 120000 in 16 august 2013 my policy mature but agent are not payment my amount pls provided some information contact no [protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Pancard Clubs
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    11%
    Complaints
    659
    Pending
    0
    Resolved
    75
    Pancard Clubs Phone
    +91 22 6662 2666
    Pancard Clubs Address
    111-113, Kaliyandas Udyog Bhavan, Prabhadevi, Mumbai, Maharashtra, India - 400025
    View all Pancard Clubs contact information