| Address: | Ernakulam, Kerala |
Hi Team, I had invested 50000, year 2009 in policy no.[protected], (SBIlife Smart ULIP) without reading the documents and on an understanding with the then branch manager of SBT Bank at Edathala, Aluwaye branch ERNAKULAM, KERALA. I was promised good returns not aware that there is lock in period and there would also be deductions later. Due to having premature babies and no work I was unable to pay the premium and so I spoke about my situation and thought of cancelling the policy but manager said as there is a lock in period of 3yrs I cant and could do that after the lock in period gets over without any deduction. but now after much wait I received a cheque for rs.36478.without any explanation of the deduction. I called at no.[protected]/2034 and wasnt getting any information, I waited for almost two months and was informed to mail at this id [protected]@sbilife.co.in. I have mailed them today however I dont believe in them anymore. I want some justice. this money is important to me, every penny counts. please help me in getting my proper amount back.if I had invested in an FD I would surely earned an interest on that amount. I wasnt visited by any agents the bank manger of SBT persuaded me into this policy, i recieved no phone call just given some papers to sign as marked by the manager whom I trusted. as a common man I cant fight a big institute but so many people like me may be duped and the question is what can we do about it? with two small infants I cant get of my house much so as a mere housewife what are my options?
Should I just take what they are giving me and be happy about? I feel cheated, terribly cheated. Was this information helpful? | 
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