[Resolved]  Reliance Life Insurance — Reliance Life Insurance Company limited for a fraud and cancellation of the policies done through this

Address:Mumbai City, Maharashtra

My self Deendayal Mahavir Prasad Bajaj want to complain against Reliance Life Insurance Company limited as the fraud has been exercised by company employees on me. In The month of June 2013 I got one call regarding loan. The caller marketed for Reliance Life Insurance Money Multiplier policy and offered special offer of Personal Loan Rs. 3 Lakh against the policy. Mr. Sahil Sharma calling himself as the representative of Reliance Life insurance company limited and offered policy in which a sum of 3 lakh rupees will be given as loan which is interest free and will be paid back in 10 equal installments of Rs.30000/- each every year. On asking why they choose us for it he replied that our bank record suggests that we have good record with every investments and loans we have taken so far. On asking what benefit Reliance Life Insurance Company limited has in giving us such a big amount he replied that they benefit it from higher investments from government by showing that they are aiding to future business. I already talk with below mentioned executive Name Mobile No Sahil Sharma [protected] Rohit Gupta/Aman [protected] Aashish [protected] Manish Malhotra [protected] Madam Agarwal [protected] Parmar [protected] Rahul Khurana [protected] Aaditya Verma [protected] S.C. Agarwal [protected] In addition, Aditya Agarwal, Shyam Rathod, Dinesh, Riya, Kavita also contacted me over phone. Above mentioned executives’ daily contact and touch with me on Phone, I opted for 2 policies and I gave a Cheque of Rs. 30000/- as and when my Cheque was cleared, they avoid my phone, giving excuse only. We have received the policy documents but there is no further communication regarding the loan amount. We feel cheated because our main intention is opting for the policies was personal loan which we have not received (even after 10 months). My Policy No. is 51067426 and 51067472 This is totally illegal and the fraud has been done by your Reliance Life Insurance Company blustered employees and doing this just to achieve their target. I have lot of expectation with you that you would help me in this for sure so that I can come out of this pain and these companies may not make this kind of fake with others as well in near future. Reliance life insurance team laying a trap and rob innocent and illiterate citizens. We would like to cancel both the policies and to get Rs. 30000/- refund with immediate effect with interest and want to take a strict action against all these people.
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Aug 14, 2020
Complaint marked as Resolved 
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