Reliance Life Insurance — Cheating In Name of Loan

Address:Nadia, West Bengal

Sir, 1) I got a phone call from a number - +91 [protected] on first week of November, 2014 regarding issuing me business loan. I have a software consultancy business at Kalyani, Nadia, West Bengal. 2) He told his name is Ajay Roy from Bajaj Finance loan department. 3) He told me to do the life insurance with Reliance. I did it as he suggested to do the "Reliance's Guaranteed Money Back" policy. Premium was of Rs.99, 899/- Yearly. I paid it by cheque of my SBI savings bank account to Reliance. 4) He assured me the loan will be issued within 30 days after the reliance bond it created. My policy date is 11th November, 2014. So 2 months passed I did not get the loan. Though I got all papers from Reliance in time. My client id with the policy is 89304349. Its a very bad insurance plan. I did it only for the loan. 5) Now he has closed all communications with me within 30 days of my reliance bond creation date. If i call him he does not receive phone. Even if I call him from any other number he does not receive it. Phone keeps ringing. Some times I get his phone engaged. 6) I have few voice recording of the conversions in my Phone. I feel I have been cheated. Please help me recover the money and punish that guy. Otherwise he'll do the same thing to others. He must be punished. Thank you.
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Reliance Life Insurance customer support has been notified about the posted complaint.
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Dear Mr. Hazra,

We sincerely regret the inconvenience caused. Further to your telephonic conversation with our service representative, we will get back to you shortly with a resolution.

Regards,
Reliance Life Insurance
Thank you for your response.

Here's more info -


Agent Code[protected]
Agent Name - Sridhar Insurance Broker Pvt Ltd
Phone - [protected]

Address : Kolkata.
please do respond fast.

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