Bajaj Allianz Complaints & Reviews

i am a owner of a tata winger cab having registration no as ML10A 0031.(Private car) my car had meet an accident on nov 2008 and accordingly the claim was lodged . claim no is OC[protected] & MY Policy no is OG[protected]. since then my car is lying in the workshop as unrepaired. the authorized workshop had submiited the repair value of approximately 6 Lacs.
i had subbmitted all the required papers, i.e police report, mvi report and other necessary papers. now more than 6 months have passed . the insurance company is sitting silently. i had been regularly begging the insurance company for passing the order for getting the cab repaired. no reply or cooperation is being received.

I bought the TATA INDICA VISTA QUADRAJET AURA on 31st January, 2009. Bajaj Allianz issued me the cover note on the same day i.e. BZ[protected]. I issued a cheque of Rs.14039(Cheque no-356593), HDFC BANK. But the problem started when i went to the BAJAJ ALLIANZ office to get my policy. They didnt have any record of it. When i queried a lot, then they replied in a cold tone that the premium amount that you signed the cheque for was less. I got panicked as i drove the car without insurance for 3 months. When i again visited them, they are now asking for RS.19564 as premium with my car valuation going down by RS.20000 and the surveyor will inspect the car.

So, I am looking to register the complaint against BAJAJ ALLIANZ regarding it as how they issued the cover note to me. Also, one of the executive, named Vikas, from BAJAJ ALLIANZ, PATNA visited me and showed me the carbon copy of my cover note which is to be kept with the insurer. But, the matter written on it is entirely different i.e. they forged the document.

A strong nexus that is brewing between the banks and the insurance companies and banks who are financing the car are compelling the customer to buy the policy from them. Here, in my case, it is HDFC BANK and BAJAJ ALLIANZ and cheating the people on the name of cross selling.

SINCE 28.6.2008 WHEN I ISSUED A CHEQUE FOR 50, 000/- I AM JUST WIATING FOR MY POLICY AS WELL AS THE FREE STAY ETC. COUPONS AS OFFERRED BY YOUR INDORE REPRESENTATIVE ICC/FSC NAME : TPMC RISK ASSURE STM NAME : KASHIF SULTAN ALI. DESPITE LAPSE OF ABOUT 11 MONTHS AND HAVING TALKED TO YOUR TOLL FREE #[protected] AFTER RECEIPT OF YOUR LETTER FOR FMR DATED 06.08.2008. YOUR REPRESENTATIVE ON THE TOLL FREE ALSO PROMISED TO SENT THE POLICY DOCUMENT AND THE FREE STAY COUPONS ETC AND ADVISED ME THAT IF I AM HAVING NO AILMENT OR DISEASE I MAY NOT TAKE UP THE FMR.

MY ADDRESS : RAMESH R.RAHATE, SUPERINTENDENT, CUSTOMS & CENTRAL EXCISE, 283-A, SURYADEO NAGAR, INDORE 452 009 (M.P.)

Dear Sir/Madam,
I am Ramya TK, I worked with Bajaj Allianz Financial Distributors ltd. for about 1 year then i have resigned my job. I have submitted my PF Paper on November 11 2008 but still i didn't received my PF amount . Please do the needful as earlier as possible.

The details of the PF given below.

Company Name : Bajaj allianz financial distributors Ltd. pune

Employee No.: 60020

PF No. : MH/124042/21 [The PF No.was given by the company HR]

PF Papers sent to : Mr. V. G. Sawant, Reliable Consultancy Services
D-8 & 9, Plot No.35, Saidham Co-op Hsg. Soceity, Veer Savarkar Nagar,
Thane (W)-400 606.Contact No[protected],[protected].

PF form sent on :November /11/ 2008 through Speed post from chennai.

Speed post RL NO : RLA 1726

Dear Sir/Madam,

I want to make a complaint against Bajaj Allianz Life Insurance Co. Ltd. that i am an insurance agent in bajaj allianz life in Jaipur, Rajasthan and due to need of an investment i have bought a product from Bajaj Allianz Life with Premium of Rs. 18000 in my name (Ajay Kumar Agarwal). This policy has been issued on dated 24.03.2009 and i have got the same on dated 01.04.09 and after checking the same. Bajaj Allianz is charging very high exps. in this product (Century Plus - II). and decided that i have to return this product under 15 Days freelook period.

and next day on dated 02.04.2009, i have returned original bond with an applciation at bajaj allianz lief office, and in this reference on dated 08.04.2009 i have got an sms from Bajaj Life that i have cancelled freelook request but i have never cancelled this request.

in refrence of this SMS i have written a mail to the bajaj allainz immediately and informed on phone to the divisional manager sales - bajaj allianz sh. Ritesh Srivastava.

But after many days on dated 21.04.2009 i have got reply from company that becuase of that i am an agent also so company can not give me freelook benefit.

I am very surpirised that how Bajaj Allianz Life company can do that with me becuase i am an customer also and i have all the rights reserves as all the customers have.

Please help.

Regards,
Ajay Kumar Agarwal
M. No. [protected]

Dear Sir,

I resigned from the company on 29/11/2008. On my several follow up they promised for released of gratuity by 15th march after getting it from the LIC. Now without informing me any reason they have put my Gratuity and PF on hold. I wrote a mail to Head HR and CEO they did not reply. Even after my giving reminder to Head HR to let me know the reasons, they are not responding.

I would like to know you that Gratuity paybale to me was deducted from my salary and deposited for future payments so otherwise it is my money only as well as PF too. both were part of CTC.

Kindly help in release of both payments.

Regards,
Ashwani Kumar Shukla

BAJAJ ALIANZ ECPL NEW UNIT GAIN PLAN
Posted:[protected] by Shanmukhappa Rudrappa Ghodgeri Send email


Not recived any policy bond papers & reciept
BAJAJ ALIANZ ECPL NEW UNIT GAIN PLAN
I didn't recive any bond papers Related to New Unit gain Plan

Dear Sir,
This is my RMP TRACK ID RMPSHANMUKHA130309 I applied bajaj allianz life's New Unit Gain Plan (For Rs, 12000, trough RMP.But still now I didn't get any bond papers related to this. I tried to Contact agent. Please give me the feed back regarding this as soon as possible.I am waiting for your reply and I need to submit that bond papers in office for TAX benfits.So, please give me reply as soon as possible.Thank You.
My Current Address is:
Mr. S.R.Ghodgeri.
H.No:54, Chaitannya Nagar
Bairidevarkoppa
HUBLI
Dist: Dharwad
Karnataka-580025
[protected]/[protected]

my self Rupesh bhatt working as in Insurance Consultant and was qualified in the scheme "Tare Zameen Par" in january 2008 for the amount of Rs 5000.
But due to delay for processing Axis bank card application, my agnecy got terminated and they refuse to pay me the scheme amount.

this was delay from company side it self, because at thet times of announcement of qualifier my agency were active.

request you to please help me in this regards

my IC code :[protected]
Branch : Surat (MG5), varachha, Gujarat
Contact no [protected]

. I parked my bike in Hormave a place near Hennur Bonda in Bangalore. When I came back the bike had fallen down.
I took the bike and went back to home. The next day when I saw the entire oil was down . I took it to the nearest garage. They told me that the engine case is broken.

They said the only thing they can do is put the gum or replace that part. Since I has the insurance for driving purpose I told them to put the gum. So that I can go till the show room.

I went to the Honda Show Room in Lingaraj Puram and they gave me the step to claim insurance.

The very next day the guy came for inspection and said that since there is no external impact he can’t do anything.

Since bike is playing a very important role in my day to day life for travelling I spent money for repair.

After the repair I get a mail from your company saying that they regret because of the wear and tear Now this part is engine case I don’t how the cove can wear and tear.

I escalated the issue to Anand(Anand Chandrappa [anand.[protected]@bajajallianz.co.in]) and he made me speak to Manjunath Team Leader in my area.

Now what he says that the rejection is because I should have called from the spot.

I am having bad experience with your company. I am regretting why I brought insurance from you.

I had to renew my car policy from Bajaj Allianz . hence I called them. One person came and issued me an invitation of renewal which had some figures for Car Insurance policy. We agreed to that and on the next day when he came to collect my cheque he told me that I have to give him increased ammount as their calculation was wrong.
Hence i called their customer support executives and understood what the exact ammount I need to pay. I agreed to that and handed cheque to the their representative on 10-Apr-09. Since then i had not received my policy. Today is 21-April-09. I have not even received a cover note which is rediculous. the person who took cheque from me said that the policy will be issue in 4 working days. hence I dont need cover note. My policy was about to expire on 18-April-09.
It then happend that I started calling Bajaj Allianz(BA). No one was knowing what is the status of my policy. then I received a call from Prabhadevi office. The Branch Manager -Ms Nita Tolani said that she dont know the status of my policy. The only question I asked he was that i am insured after 18th April. She was not ready to tell me even that. She said the receipt that I have got from the BA is quite enough if I show that to Policemen. That was weird. Then she gave me a reason that I had not put date on my cheque .I understood that there is no was i can argue with her. She then assured me that she will call me in little time. On asking her what she means by little time. She said me that It means next day. Look the answer that aBranch manager is giving to its customer. The next day I again called Pune office and from their I found that the cheque was unable to scan properly hence my polcy had got delayed. But my cheque had got cleared on 16th April itself. So there is a big hole in their network. and we customers suffer. I have still not get policy, even though I am being assured by the manager in Pune that I will atelast get a soft copy on mail. and then the hard copy will be sent to me in next 2 -3 working days.
Kindly look in to this mess...

Hi,

My name is Prashantha. G

I have taken Bajaj Allianz Life Insurance policy through RMP.

And my policy number is [protected]

I have been communicating with the representative's regarding the BOND which I was supposed to get is still pending and they keep on sending the reminders about the policy premium notice.

Just because of the agent or the computer operator who have given or entered the wrong address.

Now I have moved on to Bangalore and I have provided the required document of Bangalore. But still they don't have time to respond...

This is really frustrating.

I hope through this forum some one will respond back.

Sir,

I want to know the detailed status of my Bajaj Allianz New unitgain, policy no: [protected]. Kindly send me the details or tell me how to check my detailed info about the money and everything online.

Thank you
Rudraraju. Sriramaraju

Hi,

I am unfortunately customer of Bajaj Allianz Life Insurance Company and I have tried to pay the premium of my policy by credit card through online of Bajaj Allianz web portal.
I have tried 2 times to make the payment and both the times transaction failed beacuse of the technical problem with the website of Bajaj Allianz and I got mail from company that the transaction is failed.

When I have check my credit card bill in that 2 times RS40, 000 has been deducted then I have called up to company and raised a query regarding refund.

Till today 17 days are over and they are saying same sentence that the query is under process and per day I am paying interest to my credit card bank.

Please let me know that what needs to be done next to get the issue resolved.

Appreciate your help in this regard

Thanks
Hemendra Singh Shaktawat
[protected]

R/Sir,
Good Afternoon.
I worked as Executive in Bajaj Allainz Gen. insurance, Chandigarh Branch.At the time of resignation, I submitted the required documents for refund of P.F amount. When the said amount not recd., I approach the Head of Department thro Letters for doing the needful in 2008. But no reply recd. Then I approached the Bajaj Allainz office at Sector 8C chandigarh. I again submitted the required document to Miss Jyoti, who forwarded the same to Next office at N-Delhi. Mrs Jyoti Kohli of the Bajaj Allianz office at Delhi has intimated by Telephone in Feb. 2009, that the case for refund of P.F amount has been forwarded for further n/a. Till to date no reply has been recd in this regard.Pl. get the needful done & intimate by E-mail/post
Detailed particulars are as follows:-
Name:- Kanwal Preet Kaur
Emp No:- 01103
Name of Company :- Bajaj Allainz Gen Insurance office at Sector 8 C, Chandigarh
P.F Account no:- MH/34021/01002
Period of Working:[protected] to 25-05-06
Address:- House no:- 3135, Phase-II, Urban Estate, Patiala-147002 Regards,
Kanwal Preet Kaur Mob No:- [protected], E Mail No:- [protected]@yahoo.co.in

I ahve a policy With Bajaj, i ahve given the instruction to change the payment method from ECS to cash or DD, in return i got the letter stating ECS facility has been changed to Cash/cheque/DD but again they have deducted amount from my a/c through ECS .

What can i do for the same . it's so humiliating firstly you go in there office to submit the letter & then too they don't react .

Dear

i was working in bajaj allianz life insurance company as a iso ansd i was joined from month of Aug-14 and i was not recive my salary i mailed sevral time from my officials from office mail id but no one can respond me .and iwas not recive 8 months salary

we are buy a new bolero model sle dt.11.09.08 and same dt.i have insur our vehicle in bajaj allinsurance.co.korba c.g.my vehicle has been accident dt.09.12.08 in dharseva raipur c.g.i am write a f.i.r police station dharseva and inform a insurance co.clime is passed by company but they has not given a athoric workshop's at raipurbil amount rs 61000/- they passed clime amount only 43433/-n send a cheque in brach off.korba as for nomas they r sending a cheque in my add.now he has not given a cheque in under protest

dear team,

i have not re-eived the courier, which dispatched by our Head office(Bajaj Allianz Life Ins co ltd) from Pune as on 07-03-09 with POD BACONE m19915157.

To addressed :[protected]Bajaj Allianz Life ins co ltd;fci building, club road, near BSNL, Sangrur.148001
phone [protected]([protected])([protected])([protected])

my overall closing suffered, with this delay, my marketing kites, prizes, and some important documents in it.kindly revert me imidetily.

I have requested number of times to Bajaj Allianz Executives for O-pin to monitor my fund online. Online fund switching facility is available to switch my fund as promised by Bajaj Allianz executive at the time of purchase of the policy. Based on above statement of their executive I have taken insurance policy and within a one month after receipt of the policy, I have applied for O-pin with all necessary documents to generate my O-Pin and same have confirmed during teleconferencing with Bajaj Allianz Executive (Noida branch & their head office, pune). But after my vigorous follow-up till date I am not received.

Due to non-availability of my O-pin I was unable to switch my equity funds into secure funds during in deficit market scenario.

Sir,
I had purchased a ULIP Policy for an executive of Standard Chartered, named Arpit Bhogani who was selling Bajaj Allianz's ULIP policy.I was never informed about the monthly charges in terms of Mortality charges, service fees, etc...In last 3 years have invested 60, 000Rs. in the fund and now my fund value stands at 22800 approx as on 23/3/2009.I also have not received any account statement from the company in last 3 years and certain charges are included and excluded without prior notifications.
Is there any regulation to furnish details about the charges and other account information to the customer as per the IRDA ? I also want a refund on my policy as the agent never furnished the true information while selling the policy to me ? what can in done in the regards, kindly guide.

Regards,
Gaurav Sethia
[protected]