Reliance Life Insurance & Reliance Capital — Reliance Multiplier Plan - Loan against insurance policy - Fraud

Address:

Mumbai City, Maharashtra

Dear Sir/Madam, I purchased a Reliance Insurance policy Contract no – 52152213, Client ID – 90943359, Date – 31st March 2015.I wanted to cancel the mentioned policy, as it was miss led by your executive. I received a call from Archana from Reliance capital (Number from which i received the call [protected] (Archana) on last week of March 2015 stating that we are offering 3lakh loan at the rate of 3% per annual. But for that you have to buy reliance life money guarantee plan. I brought the policy. They clearly said do not mention you have been offer any loan on this insurance. I agreed on it and I paid 39000 through Cheque. They said the loan period will be of 4 years. We will be taking advance interest of 1 year which is Rs.9000 and EMI will be for Rs.2, 70, 000 as I have already paid 39000 for policy. From 2nd year your EMI will start. They said it will take 30days for disbursement of the loan. After 20 days Archana called me up ( with his senior Gautam ( [protected] ) saying there is a change in loan policy. As per financial year 2014-15 there is a change, I have to open a HSBC account of Rs.3 lac to get the disbursement as Reliance have tie-up with HSBC and the disbursement is done from HSBC.Since they are offering a loan from Reliance Capital, they are giving a 50%. So I said how can a person pay 1.5 lac when he himself is asking for a loan. Then they said If you cant open a Bank account you have to pay TDS, so that we can disburse the payment. It is Rs. 42500.They shared a NEFT details in the name of WE Care Syndicate Kanpur Branch (Ac no – [protected], ISFC Code - SYNB0008744).They said you have to do NEFT to this account. Cheque will take time for clearance, so you have to do NEFT.Mrs Gautam said Once you pay TDS we will disburse the amount in 8 days.I somehow managed Rs.42500 and transferred to the said account. But after receiving the money in the said account they said they are couriering the loan papers but from past 10 days no response from them. They are not picking up my call. I tried calling from another no, a lady picked up. She sounded like Archana, but she is like I m not Archana. On Monday I received a call from HSBC Bangalore Branch ( [protected] ) stating that He has received a file of account opening.Once the account opening is done they will disburse the loan amount.I said I cant pay for account opening, so please cancel it and pay what ever I paid in this whole process.Rs 39000 for Insurance and Rs.42500 of TDS.I received call from Gautam he said it will take 3 months for the refund.I asked him were is the office, so i can contact him personally.He said he sits in Reliance Capita, Taramandal Complex, 3rd floor, Lakdikapool, Hyderabad. In Aug 1st week I got a call from Ruchi ([protected]) stating she is calling from Reliance Capital cancellation department.She said If I wish to cancel the order I have to pay Rs 46500, so that they can process the cancellation.I paid the amount through NEFT in the said We Care account.After paying the cancellation fees, I got a call from HSBC Bangalore Branch Ashok Jain ([protected]) stating I have to pay Rs.75000 for Account opening, then only they will transfer the whole amount which i have paid till now.I said I wont be able to pay.He said on his behalf he will pay 30000 and I should pay 45000.I some home paid the amount i a new account as they said (Secure enterprises, Bank of Maharashtra - A/c no - [protected], IFSC - MAHB0000365 ). After paying the 45000 on Aug 19, they said they will dispatch the ATM card in the next 72 hours.After receiving the amount, they are not receiving the calls.I recorded all the conversation i had in last few days which i can present. I went through the net and searched there are so many people already in this kind off fraud. KIndly please help me in recovering my money ( 39000 + 42500 + 46500 + 45000 ). Hope to get some resolution. I am available @ [protected]