Andhra Bank — arogyadaan policy premium regarding.

Address:682033

I have an Arogyadaan health Insurance policy for me and my wife for Rs. 5 lakhs.The policy is taken through Andhra bank, where we have a savings bank account. The policy is taken more than 20 years back and we have been paying the premium regularly for the last 20years. At the beginning the premium was around Rs 5000 per annum. I have paid around Rs13, 000 as premium for the insured amount 0f 8 lakhs including super top up of Rs 3 lakhs. I have just received a message on 6th june saying the premium has bees increased to Rs 53, 918/. The polcy expires on 8th June. Is it fair to increase the premium all of a sudden in 5 multiples without previous information and inform the client through sms message.
Was this information helpful?
No (0)
Yes (0)
Andhra Bank customer support has been notified about the posted complaint.
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
    Andhra Bank
    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
    60%
    Complaints
    1659
    Pending
    0
    Resolved
    996
    Andhra Bank Phone
    +91 40 2312 2703 [Help]
    +91 40 2312 2693 [Help]
    +91 22 2261 8335 [NEFT]
    Andhra Bank Address
    5-9-11, Saifabad, Hyderabad, Andhra Pradesh, India - 500004
    View all Andhra Bank contact information