Reliance Life Insurance — Loam Open Fraudly for Lucrative offers to increase sales in life Insurance by agents

Address:Mumbai City, Maharashtra

Dear Sir/mam, I Conformed you that Reliance Life is providing you loan amount of Rs. 5lac @0% interest on behalf of investment policy. In this plan you have to invest Rs.50, 000/- yearly as a security deposit then in this plan you have to pay Rs.50, 000/- yearly*9year=4.50lac including one year security=5lac, it means your loan amount of 5lac has been recovered . But as per our discussion our current rate of interest is 9% we will recover the amount from your maturity that based on 135% Bonus that you will get on maturity. The amount will be Rs.6, 75, 000/ this bonus the company will deduct Rs.4, 50, 000/- as our interest and the rest Rs.2, 25, 000/- amount will be refunded by the company to you after 10yrs. In this Plan company is providing you:- 1. Double Life Cover. 2. Triple Tax Benefit. Note-As per our conformation you will get your loan after sign the NOC letter which you received within 7 days with policy document. If you are not satisfy with your policy document & don't get your loan for any reason so you may return your policy with in 90 days costumer satisfaction period and you will get your fund within 24 working hours. If company will not full fill his permission for any reason so we will give you your amount back with 9.24% interest rate. After that if you want to running this policy so you will get after ten years Rs.11, 75, 000/- fixed returns with life insurance cover benefit, medical benefit and tax benefit if you invest Rs.50, 000/- annual. All benefit are confirmed and you will get hard copy So don't worry do your formalities in urgently bases because this plan is a offer able product. Thanks for being with Reliance life... Thanks & Regards Reliance Life insurance co. Ltd Rajesh shrivastav (Relationship manager) [protected] The fake offer above and my complaint letter below:- Paresh Virji Shah. G/13 Kumar Society, Nehru Road. Off P.N.T Colony Santacruz East. Mumbai-400013. Cell:[protected] Reliance Life Insurance Co. Ltd. 9th Floor/10th Floor, Building No.2, R-Tech Park, Nirlon Compound, Next to Hub Mall, I-Flex Building, Goregaon East. Mumbai-400063 Subject: - Complaint against fraudulently offered loan against Reliance life insurance policy. Hello Sir, Myself Paresh V Shah, I have Invested in the Policy Number:[protected]& Policy Number:[protected], Amounting to Rs 50000/- & Rs 40000 In exchange I was Offered a 0%Interest Loan Amounting to Rs 5 Lacs by Anuj Srivastav called using number [protected] . The Features of the Loan Which were explained to me were Payment of Loan in 1/10 th Amount Every Year i.e Rs. 50000/- every year till 10 years. Earlier Rs.50000 were taken as first Installment and claiming that in case I couldn't’t not pay the rest emi yearly the same would be recovered by the company against my Reliance life Insurance policy. The said scheme is provided by Reliance capital. I had Inquired About whole details at Reliance life Insurance Andheri (east) Branch office and was Informed its completely fraud Conducted by the Reliance Distributors for Selling the Life Insurance Policy. I have collected some proofs related to the fraud done by your agents again same way via other agent named Raju Shrivastav. Even a girl named Neha was involved in the whole racket who called me using number [protected].I want refund of my entire amount with interest. Because of the fraud I have suffered huge losses so want compensation for not giving me loan. Never expected such cheatings from a renowned company like Reliance. Kindly stop playing cheap tactics for inducing people like us to make us buy your products. List of names and contact details of people involved in this cheat: Anuj Srivastav [protected] Ashish [protected]/[protected] Chauhan [protected] Neha [protected]/[protected] P.K.Singhania [protected] Pankaj [protected] Rajiv Srivastava [protected] Enclosed herewith: Reliance Policy documents Sms screenshots Email Printouts Voice recording of conversation with your agents
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Reliance Life Insurance
    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
    76%
    Complaints
    774
    Pending
    0
    Resolved
    576
    Reliance Life Insurance Phone
    1 800 3000 8181
    Reliance Life Insurance Address
    9th floor/10th floor, Building No. 2, R-Tech Park, Nirlon Compound, Next to Hub Mall, Behind I- Flex building, Goregaon, (East), Mumbai, Maharashtra, India - 400063
    View all Reliance Life Insurance contact information