Bajaj Allianz Complaints & Reviews

During our purchase of furniture from lifestyle home centre we opted for EMI option offered by Bajaj Allianz. To our surprise we received a policy document even before our furniture was delivered. This is a case of misselling and fraud as we never opted for life insurance from Bajaj. Policy no- [protected]

Dear Sir/Madam, I am writing this letter as to make a legitimate complaint against the BAJAJ ALLIANCE INSURANCE COMPANY to scam us and make an new policy on behalf of false commitments. I want to cancel this policy (New Policy :[protected]) with immediate effect and get a refund of my paid premium till date from the start of the policy. This policy was issued as a fraud by an agent name : Megha Sharma from Bajaj Alliance Head office, Pune. According to her scheme, she mention that by creating this new policy for INR 40, 000 ( as cancellation policy), the OLD policy (number :[protected] will be converted from agent code to company code which will be beneficial for us in future terms by adding the agent commission (which was accumulated for last 4 years of old policy) to us in form of cheque INR 80, 900. Later, she said that once the OLD policy is converted into company code, we will be receiving a Guarantee Fund Code, after which the new policy (number:[protected]) which was created just for the purpose of converting old policy from agent code to company code will be cancelled out and hence, we will get our premium amount INR 40, 000 back as a cheque. Steps as follows : 1. New Policy for $40, 200 cancellation policy 2. Then 2-3 days they will send us a Guarantee Fund Code 3. Later 3-4 months I will be getting a cheque of $80, 900 (commission for[protected] for the agent) 4. Once received the cheque my new policy will be cancelled out 5. After cancellation of new policy, they will deduct $150 rs and send us the cheque of $40, 050 / However, It been 6 months now and i have neither received any cheque or my new policy has been cancelled out. Hence, in search of help I actually went to Bajaj Alliance insurance office to make people aware of this fraud and get my premium money back. They suggested to make a complaint and submit it which I did but still there's no response from there side. I would request you guys to please help me out in cancellation of this new policy and make people aware of this scam. However, I do have her voice recording saved, if you need it as a proof. If you need any more information regarding this issue, please get back to me immediately on the below mention contact details . Contact Details : Pavitro Bera Phone number : +91 [protected] OLD Policy Details as under: Bajaj Allianz Unitgain Protection Plus Master Policy Number : [protected] Name of Policy Holder: Nandlal Jaldhar Bera Premium amount : INR 50, 000 New Policy Details as under: Bajaj Allianz lifelong assure Master Policy Number: [protected] Name of Policy Holder: Nandlal Jaldhar Bera Premium amount : INR 40, 000 Application number : [protected] Scam Agent Details Name: Megha Sharma Phone number : [protected] Phone number : [protected] Designation: Bajaj Allianz Insurance LTD, Head office, Pune Job role: Sale Manager Head

sir in last 6 days i go the savitha photo house to more than 7 times at last he said that the scheme is now not existing we submit all the document proof the name of the scheme is(2999) i have spent more time for this i need the resolution for this

Hi I am Gurpreet singh residence of Patiala.My car Maruti Ertiga model 2013 accident on 25/06/2014.Car is fully insured by BAJAJ ALLIANZ general insurance company.Policy number is OG[protected]-00000243. Car is registered by the name of my mother Smt.KANWALJIT KAUR.

Dear Sir, I had applied for medi-claim from Bajaj Allianz in the month of June and I gave a cheque dated in the month of June and it got cleared on 9/7/14.the amount was Rs 6040/-.This was the advance payments of two instalments out of 12 instalments and I was told that the total amount for 3 yrs was Rs 36240/-.Later on I was told that the amount deducted is of 11th and 12th months respectively. And I will have to pay the instalment s from August onwards and I was given card by Mr Nawal in August.I got a phone call from the head office in the month of August and I was told that my policy has been cleared and the bond paper will reach to me within next 10 days. When I did not get the paper till 20th August, I wrote the matter to Grievances cell of Bajaj Allianz but even after writing to them 10-12 mails, Every time I was told that my complained is being looked into. And I got no reply till yesterday and today when I threatened to lodge the legal case, I was informed by Mr Nawal that my policy has been taken back by the company and this is because of CIBIL SCORE which is 543. I fail to understand that I have been given a card and no information in writing has been given by company. What should I do in this regard.Is it not a fit case of a fraudulent activity of the company and should it be not taken as a case of harassement and mental torture. If asked I can furnish all the evidences and I do have a card given by the company to my all the family members as well as myself. |

Sir, I, Souvik Biswas had applied for a agency in IRDA through Bajaj Allianz Life Insurance company before 100 days .Then my URN number (ABLI[protected]) against my PAN number AYOPB6617Q has been activated in IRDA through that company. Then I have not appeared in IRDA exam but now I want to join in SBI General. I am applying for cancel URN number to Bajaj Allianz life insurance on 26 Th September 2014 in divisional office in Salt Lake, Kolkata also I have sent many mail in Bajaj Allianz life insurance .Till now they have not cancelled the URN number. It is already 12 days over.bajaj allianz provide me a quary no[protected]. Without getting any other option directly I am mailing you. Please take a needful action as fast as possible. Otherwise my better opportunity will be missed. Please help me give importance on urgent basis.. Application attached with this mail. Name- SOUVIK BISWAS URN NO.- ABLI[protected] PAN NO.- AYOPB6617Q CONTACT- [protected]

My name is srikanta dutta . i had been fill my document for lic in Bajaj Allianze for make a LIC agent but i not interested in Bajaj Allianze. so pls my URN no. move from Iregulatory Development Authority. I am interested in Life Insurance Corporation Write a commentApplicant Name SRIKANTA DUTTA Father Name PRANATOSH GUTTA Date Of Birth 05 May 1983 URN ABLI[protected] License No - Certificate No - Type Individual Business Information Insurer Name BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Agent ID - Category Life Regards Srikanta Dutta [protected]

Hello sir, I am Shalini Patro..I am TCS employee in hyderabad (A.P.) and my salary account is in Standerd Chartered bank. Suddenly on june 2013 my 1000/- was deducted my account and again 1000/- was on july 2013 ..then i knew that SSS life insurance policy was started.so i went to standard chartered bank and submit application form then from the next month the money was not deducted from my account but i till now i didn't get my money back. Then I went to Bajaj office in khairtabad because i wanted to cancel the policy so i submitted cancelled check, id proof and 1 application.but my money was not refunded and they were saying that they will give only 60% that means only 1200/- bt my 2000rs was deducted. so please solve my problem as soon as possible.my details are Name-Shalini Patro Application no[protected] Policy no-[protected] Account no-[protected] Mobile no-[protected]

[protected]@consumerredressal.com, [protected]@irda.gov.in Ref. my e mail dated 12 september 2014 –non receipt of motor car ins. renewal policy i renewed above car ins. policy on line on 25 august 2014and paid premium online. but till date the renewed original car ins.policy was not received. ( no hard copy or soft copy yet). pl. expedite. You are aware we cannot ride vehicles without updated ins.policy.details of old and new car policy are as follows. Old car ins.policy no.OG[protected]-[protected]EXPIRY ON 15 /9/2014) new renewed car ins.policy no.OG[protected]-[protected]renewed on line and paid online premium on 25/8/14). thanks, r.v.rao [protected]

Firstly, without opted bajaj allianze guys falsely opened the group Insurance policy along with my salary account with citi bank. However as I completed more than 4 years which is locking period for policy, when I called customer care to withdraw the policy they said to charge more than 30, 000 as an administration fee. I've paid more than 75, 000 in last 4+ years and clubbing with interest of 8.5% I must be getting 96, 000+ rs, but customer care executive told me that my maturity amount would be only 65, 000 rs after deducting administration charges. I've never seen such a fraud company like this, I cannot call this cheating I would like to them robbers. However I'm not gonna leave them like this. I am ready to sue them cheaters. Regards, Ravish Gupta Mumbai [protected]

श्रीमान मैंरी पहली शिकायत 11 सितंबर 2012 की एवं दसरी 7 नवंबर 2012 को की थी, इसके बाद भी पाॅलिसी ओजी[protected] ड्यू संबंधी मैसेज द्वारा मेरे फोन नंबर[protected] पर लगातार आ रहे हैं। सितंबर 2014 के एसएमएस इस प्रकार हैं- (2) see Photo Attached

Hi, I have taken Bajaj Allianz SARVE SHAKTI SURAKSHA policy through CITIBANK and have been paying premium for the same @2000 per month for the past 14 months.(premium is deducted automatically from salary account) Now I want to surrender the policy. I called BAJAJ ALLIANZ customer care but they were unable to furnish any details regarding what amount exactly I will be paid. As mentioned already, I had paid a premium of 2000Rs for around 14 months. So it comes around 28, 000 Rs. Now, I was SHOCKED to hear that out of Rs. 28000- premiums paid by me, I will be getting around Rs. 12, 000Rs/- back only. Come on, I was like what are you talking about? This was not communicated to me at the time of applying for policy. While applying the representative with his sugar coated words said, this policy is for two yrs and i can withdraw from this policy whenever i want and that the principal amount will be returned without any deduction. He said this on the orientation talk conducted in Chennai karapakkam ilp centre on July 18th 2013. I took the policy on the same day. They are cheating on people! Also, if this was not enough, I called the citibank customer care people, to ask about this. The representative said, no one here can tell you and suggested me to drop a mail to "citi.[protected]@bajajallianz.co.in". I did the same, and its already 5 days, and no one has bothered to reply to me despite sending reminders. And why will they afterall, its about returning money. Seriously I never expected this in worst of my dreams. i expect some positive reply from u asap. At least expect my principal amount back An unhappy customer Master Policy no : [protected] Member Policy no: [protected] Application No: [protected]

super saver policy no. [protected], misguded by the executive from bajaj allianz, when i am willing to surrender the policy and get rid of the hazzles. i am being charged 50% as deduction charges, . down right cheating. when i have paid 90000 for 3yrs the company wants me to pay 47000 only, where as the term promised by the official was 5yrs but stated as 10yrs in the policy and he is not reachable and none would like to resolve, since 5th of sept 2014 i had lodged a complaint. ridiculous response. Kindly request the higher management or any acting officer who handles consumer complaints to resolve a layman's concern. The bussiness card of the person who misguided is also being attached. LEWIN [protected]

I have had auto insurance with Bajaj for several years. Yesterday I renewed my auto insurance online on their website. Policy # OG[protected]-00004459. There was a question on the online form if I would like to get the hard copy of the insurance mailed to a different communication address (than the insured address). I provided another address since I have two homes. After making the payment online, they sent me a soft copy of the insurance on which I noticed that my insured address (which is in Chandigarh) was changed as well as the communication address. Since I did not authorize change of insured address and had only provided a different communication address, I emailed them to correct the error. Instead of correcting the error, they are now demanding a proof of address scanned and emailed to them. They offered no apology and did not acknowledge any problem with their online system. I think they should correct the error themselves and not make me responsible for fixing their problem. Their customer service is very unprofessional and I regret being with them for so many years. I would rather receive a refund and cancel my insurance instead of being harassed by Bajaj.

Dear sir, I am a owner of bajaj chetak scooter . its manufacturing date is 1997. I have got it re registered and got the registration date valid extended till 2019 ( normally life is only for 15 yrs). Now I would like to get the vehicle insured (third party ) because it is mandatory for a vehicle to have insurance if its to be used on road. I have not been able to buy a policy online . kindly help me to get a insurance policy for the scooter. My contact [protected]@gmail.com Regards Pruthvi raju.

Hi I guess Govt of India has to take strong action or IRDA has to make sure that this company does not sell any more policies to us middle class families.This would be a warning to people before buying Bajaj allianz policies. Please stick with LIC, even if the returns are lesser My name is Padmavathi and I was misled by a agent of Bajaj Allianz, He kept pestering and explained the Bajaj Super saver plan in his own terms. He mentioned that the minimum I need to pay is for 3 years and i can withdraw my amount + accrued bonus anytime after 3 years. He said he was putting the policy payment term as 10 years. Later I came to know that he has manipulated and made it 30 years. Now he is not reachable. Now I am planning to surrender ( I have paid for 2 years . premium of 16000 each) and i find that i will get only 30 % of the total premium.. ( not even 6000 Rs. for a total premioum of 32000) Also i am not sure if that is applicable only after u pay your 3rd year premium. that would be a surrender value of 14000 for a premium paid of 48000. Down right cheating. I dont think I will pay the premium and discontinue Ridiculous how can 70% go as charges? Is Bajaj Allianz involved in this scam? My policy number [protected] Name Padmavathi MPhone [protected]

I bought a Honda Amaz on January 20th 2014but unfortunately I caught an accident very next day in which driver and I injured very badly, due to this I intimate very late i.e 20th feb 2014 to the insurance company and due to injury I couldn’t follow from the police so they issue the FIR very late. My claim no. OC[protected]-00003091, but it still pending and no one is attending the issue and give me a satisfactory answer. I am frustrated from the insurance company and their process kindly settel it as soon as possible,

I want to cancel my policy with immediate effect and get a refund of my paid premium till date from the start of the policy. I was issued this policy as a fraud and was told it is a company linked policy only to realize from my company HR to inform me that the company has nothing to do with it. Please get back to me immediately. Details are as under: Master Policy Holder: Citi Bank NA Master Policy Number: [protected] Membership (Application) Number: [protected] Individual Policy Number: [protected] Product: SVS

Dear Sir, I have issued a cheque (no:238621, dt 31.07.2014) for Rs.9156/- for renewing car insurance policy No: OG[protected]-00032874 for the period 06.08.2014 to 05.08.2014. I was told that the copy of policy will be mailed to my mail (id [protected]@yahoo.co.in / [protected]@rediffmail.com) within 48 hours of realization of my cheque. I had also requested the agent (Mr.Raghu, Mob.No:[protected]) to courier the original policy to my new address as informed. Even after realization of cheque and elapse of two weeks I have not received my car insurance policy. No body is responding to my telephone calls (either they are ignoring or telling some cock and bull stories). If the delay continues further, Iam planning to lodge a compalint in consumer forum. Please look in to the matter. A.V.Padmaja W/o.N.Aravind, Chartered Accountant Mob.No.[protected]/[protected].

Hi my name is Ankit Aggarwal. I have been cheated by an agent of Bajaj Alliance as I was not informed of the correct clauses of the policy while signing it. I think Bajaj alliance had cheated a lot of their customers and clients in this way. I saw your query on the internet and found that you were also one of their customers who are cheated by them. I have tried to contact Bajaj alliance may times in the last few months. But I didn’t get any satisfactory response from them. I feel much cheated and I planned to file a strong case against them. My case will become stronger if all o[censored]s cheated by Bajaj Alliance will come together. I think if we can come together we will surely win. If you agree with me and are interested to fight against Bajaj Alliance please email me you policy bond document detail with your complete query at [protected]@gmail.com so that we can take legal action against the company. Please don’t worry about the advocate fees. I am myself a lawyer and will not charge you any fees for filling the case until we win or get compensation from Bajaj Alliance. [protected]