Bajaj Allianz Complaints & Reviews

Hi,

This is Hitesh Laxman Kharade holding a policy no.[protected] commenced on the date of 03rd February,2009 for a monthly basis of Rs.1000/-p.m.

For details, I've not paid for whole 3 years but now as the 3 years period is over I would like to get my money back which I 've paid as soon as possible.

Thanking You.

Regards,
Hitesh

Dear Sir,
I am ex Employee of Bajaj Allianz Life Insurance Company limited. I had applied for my PF settlement 2 years before. But still date i have not yet receive my PF claim. My PF claim member ID is:STATUS for Member ID: PUPUN[protected], and the Claim Id is: PUPUN[protected].

I check my claim id when it was displayed like this:
STATUS for Member ID: PUPUN[protected]

* * Data available since last six months. * *
* * PUNE data availaible from[protected]. Last updated on[protected] at 08:08 am * *
* * Approval Details on PPO and Scheme Certificates will be made available soon.. * *

But still date i have not get any claim. So, Kindly help me to get my PF claim as early please. Sir.

Hi,

Hope this complaint will be resolved and action will be initiated against these kind of fraud companies.

4years back we have invested 60000 in bajaj allianz and at the time of investment the agent promised us that pay 5000 every year for 3 years and after 3years of locking period money will be doubled!. from past 1year I am continuously checking and fund value is showing half the amount invested by us! this is certainly not acceptable and they are #1 in cheating rural peoples.

My Mother policy number: [protected] - fund value 16936.93 and invested amount 30000 - NEW FAMILYGAIN
My Father policy number: [protected] - fund value 16424.05 and invested amount 30000 - NEW FAMILYGAIN

Please help us in getting at least 60000 of our hard work invested money from these cheaters.

Please initiate some serious actions against these kind of frauds and help us to get our money please!!!!

If you need any further details please call me.

Thanks and regards,

Chandrashekar
Mobile number - [protected]

Policy No.[protected] (New Family Gain)
Sum Assured Rs.50,000/-
Policy Commencement on 28/10/2007, Paid 03 Nos. installments. Due to financial problem, partially withdraw Rs.19,400/-on 04.03.2011. Online I am checking my balance units, as per the following dates.
03/04/2011 Rs.10,164.65, 10/07/2011 Rs.9,687.29, 05/05/2012 value is Rs.7,776.91. Now the Fund Value is Zero. Contacted Customer care. They told "your policy foreclosed". Contact the nearest office for rest amount. The Operating Manager of Rourkela told your policy closed because your value is less than Rs.10,000/- & we are unable to refund any amount. My question is : 1) Why not you intimate me, & 2) why not refund my balance money before closing the policy.

i want to bring to your notice that i had been approached by personnel from delhi , regarding offering personal loan of rs. 20,00,000 against a policy for a premium of Rs. 1,00,000 annually for 20 years.


i opted for this scheme by taking two policies ,policy no. [protected] dt 20.02.2013 and policy no. [protected] dt. 05.03.2013, I was told with 20 days the loan amount would get disbursed to me. But now these people are not releasing the loan amount but are insisting that i need to take one more policy from Kotak Life insurance for rs.22500 annually , only then the loan amount would be released. The persons who made this offer were: Mr. Rajiv Agarwal[protected],[protected],[protected] and Ms.Aman Siddiqui[protected],[protected].

i fail to understand this, and ask for your advice in this regard. pl. let me know , whether i should go ahead with this proposal or whether i should cancel my policy for which i have paid Rs.100000 & Rs.10500 as premium in feb 2013 & Mar 2013 respectively.

In case the loan offer was fake and was given to deceive me, i would like to cancel the policy and get the full amount of premium taken fradulently from me.

i eagerly await your early guidance on this.

My Policy Status
MY POLICY NO. [protected]. I WANT TO KNOW THE STATUS OF MY POLICY. IF I SURRENDER THAN HOW MUCH AMOUNT I WILL GET. PL INTIMATE ME AT THE EARLIST.
THANKS


Sam Abraham
st thomas school
gopiganj,srn -221303

I hereby bring to your attention an act of cheat done to me. I purchased an insurance policy No. [protected] of Rs. 1,00,000/- being one time premium as advised by the Agent of Bajaj Allianz Co. in Jan- 2008 in my name. The said amount of Rs. 1,00,000/- was paid in full at the time of purchasing the policy. The term of maturity for this one time investment of my hard earned money was told to me of ten years. Thus, the date of maturity of the instant policy was 11.01.2018.

Now to my utter shock I am in the receipt of a cheque No.[protected] of Rs. 31,754/-. Prior to receiving this cheque I have had not received any communication explaining or advising me with respect to the said policy. But obviously, the policy upon maturity promised me much higher returns.

Immediately upon coming to know about the above stated mischief and a fraudulent act, I lodged a complaint on March 7, 2013 with the Bajaj Allianz Co.’s customer care number[protected] requesting to issue me a complaint number. The Customer Care Executive with the name Mr. Sameer took on record my complaint and allotted a complaint number 39371402.

I was assured by the Customer Care Executive that Bajaj Allianz Co. will act on your complaint and contact me on my number [protected]. Till date I have not received any call from Bajaj Allianz Co.

I call upon the persons concerned to immediately act on my complaint doing the needful so that the above-discussed issue is resolved expeditiously. Also I request the persons concerned to promptly advise me how the promised sum of amount against my policy No. [protected] could be recovered.

In the light of above, it is my humble request to immediately take action and do the needful.

Prabhakar Mani Pratap
Mob.: [protected]

Add: 1B, Navkala Apartment
Plot No. 14, Patparganj
IP Extension, Delhi – 110092
DELHI

I need details of my policy no. [protected] New unit gain plan from bajaj alliance I need to know how much I get while surrender.

My Policy Holder Name is Mr. Subhash Dhingra and Policy No. is [protected].I want to know the Fund Value of my Policy and
I want to know How to Remove the Agent from my Policy so plz tell me can i remove my Agent and How?

To the concerned person,

I have a medical insurance for me & family in Bajaj Allianz. In their health & wellness card cover, they have mentioned that for more details on online health server please contact: Mr Abhay khare and his phone no is provided along with his mail address.

I contacted him for queries, he just told me he is not supposed to talk about it and he asked me to contact customer care. Even I tried to reach customer care, but it always puts me on hold or just ringing for that matter.

Because of this irresponsible act, I am severely hurt. No one seems to care about it.

I sincerely request the concerned authority to take severe action against these .

Regards,
Fazil
ph no: [protected]

My policy details:
POLICY NO: OG[protected]-00000006
Id Card no : ABS-13-224

Mrs. Namini Devka written by Devaki Bai place deserves the name, and the earliest claim amount of Rs 100,000 / - payment, and mail-kanshi.tfri @ rediffmail.com deserves to be reported, the delay will be responsible for the company itself
नामिनी श्री मति देवका बाई की जगह सही नाम देवकी बाई लिखा जावे, एवं जल्द से जल्द दावा की रकम रु100000/-का भुगतान करें, एवं mail-kanshi.[protected]@rediffmail.comपर सूचित किया जावे, विलंब के लिये कंपनी ही जिम्मेदार रहेगी।

Dear Sir,
I get two bajaj allianze policy no [protected] on dated 28.01.2010 and [protected] on dated 14.12.2009. I have surrender both policy because one day i went to Rewari office and asked for current value to see the value and i decide to close immediate both policy.I pay Rs.35000 and receive Rs.15000 after three year.Now my question is this that why the company investing our money where no profit ?

My Policy No.[protected] dated Oct 2006. Product Name `CAPITAL UNIT GAIN'. I have so far invested Rs.50000/- (for the first five years without any default). Many a times I approached Bajaj Allianz branch in Delhi/in Chennai to send me policy statements to my present address or to SMS the NAV of the policy. Till date, Neither I received any statement nor SMS through out these six years period. I have no idea about my investment at this juncture. So I am really fed up with this company, now I want to surrender my policy. Kindly tell me whether surrender charges for this particular policy is still exist?

When I opened a suidha account in Citi Bank their agents told me that they have a ULIP type of scheme but instead of locking period of 5 years this one has a locking period of just 1 year. Your money will grow and you can withdraw after 1 year without any penalty.

I had purchased this policy in June2011. The premium amount of Rs 1500/- of which was getting deducted from my CITIBANK salaried account on monthly basis.

Also I have paid premium for 19months (Rs 28500/-) and I am getting cancellation refund amount of Rs 19474/-. Where is the rest of the money that I have paid?

So how could they deduct 40% of the total premium paid amount?

On trying to call the Bajaj Allianz agent, I am getting no response.

I agree and subcribed. I kep asking them for the policy document which till date even after 2 years I haven’t received.

Then through other sources I came to know about this fraud with other consumers as well.
They will deduct as high as 40 % of the premium.

It was a huge mistake on my part that I trusted this fraud company Bajaj Allianz, even though my friends asked me not to invest in it.
Even the premium certificate appears to be fake.

Kindly advice how can I get my full refund amount.

I am left all stranded and cheated in this nexus!!

I am going to raise a complaint against it in Cosumer court by hiring a lawyer.

Regards,
Alok Agrawal
+91-[protected]

UL-202967

SALU ALI

D.V.C MORE, P.O-ADRA,PURULIA,WEST
BENGAL,
723121
Contact No.[protected]

Respected Sir/Madam
With due respect I SALU ALI Customer of your Bajaj Allianz Company want to know about my POLICY.
I have only give 2 policy of Premium for 1 year Amount payed of Rs-50000 first time and then the other 2 policy of Premium I was not able to pay due to financial problem.
I want to Know about my Rs-50000 policy.My Policy Agent is not helping me therefor Please help me by giving the information about my Policy. Please email me.

The Summary of Policy details is given below:-
Type of Policy-CAPITAL UNIT GAIN SIZE ONE
Policy Number[protected]
Frequency-Annual
Date of Commencement-28/03/2007
First unpaid Premium-28/03/2008

It will be a great help if you email me or contact me.
My email is [protected]@live.in
Contact No.[protected]

MY POLICY NO. [protected] I WANT TO KNOW THE STATUS OF MY POLICY. IF I SURRENDER THAN HOW MUCH AMOUNT I WILL GET. PL INTIMATE ME AT THE EARLIEST


C, ASHA,
NO.512, 6TH MAIN, 4TH STAGE, BEML LAY OUT
RR NAGAR, BANGALORE-560098.



















c








.

Dear sir/mam,

myself take this product as on 14/09/2007 by the copanies agent, According to agent Insured person may pay premium min.Rs.25000/- once single

year time.and the policy getting maturity after 5yrs. of locking period.But still now yesterday when I reached to branch [Saraidelha,Dhanbad] I become

surprised to know that ,the maintiond policy that I was taken earlier was not a single time premium ,that means the product given by companies agent

was regular term premium continuosly. Myself belongs from average middle family the loss of this heavy amount cruish my livlihood heavily.

On the oter side STill now I don't received any information, regarding the policy nor get Bond paper documents also.
Therefore I requested u sir, pls. kindly understand my situation,and revert back as soon as possible.
Looking forward for quick and favourable response.
Thank You
Insured person name - ABHOY KUMAR SRIVASTAVA
Policy Number - 64114618

Dear Sir,

I surrendered my capital unit gain policy [protected]. They took a cancelled cheque leaf from me and told me money would be transfered to my SB account directly. I got a SMS after two three days saying my bank details recorded with them. On 20/01/2013 I got a SMS saying my cheque got despatched with some AWB number through BLUE DART. I contacted BLUE DART and they are saying it is a wrong AWB number. I tried calling the T.Nagar, Chennai venkatnarayana road branch. I was answered after making 30,40 calls. They are now saying cheque will be sent to them and I have to collect from them. I dont understand the process. Then why they collected a cancelled cheque leaf. Already this policy is a big cheater which god only knows why IRDA allowed. I tried calling bajaj allianze call center. After many minutes of singing a hindi song, it disconnects. Please help me in getting my surrender money back

Thank you.

Ramesh Kumar Rajendran

I had purchased this policy in April 2011. The premium amount of Rs 1500/- of which was getting deducted from my CITIBANK salaried account on monthly basis.
In March 2012, the premium was not deducted, when I tried to contact the Bajaj Allianz person who sold me the policy, I didn't received any response from them. And now I got Cancellation Refund amount. I have never requested Bajaj Allianz to cancel my policy neither verbally on phone nor through a written application.
Also I have paid premium for 11 months (Rs 27000/-) and I got a cancellation refund amount of Rs 15000/-. Where is the rest of the money that I have paid?
Since I had not requested for cancellation, it came from their end, So how could they deduct 40% of the total premium paid amount?
On trying to call the Bajaj Allianz agent, I am getting no response.

It was a huge mistake on my part that I trusted this fraud company Bajaj Allianz, even though my friends asked me not to invest in it.
Even the premium certificate appears to be fake.

Kindly advice how can I get my full refund amount.



Regards,
Alok Agrawal

I have taken a Bajaj Allianz Sarva Shakti Suraksha policy at the time of opening salary account with Citi bank. I am paying 1500/- Per month.
But Now I want to surrender my policy. When I called them to ask the procedure to surrender they are telling me, About 30-40% of amount which I paid as premium will get deduct under administration and surrender penalty. This was not communicated to us at the time of applying for policy. Also it is not mentioned about administration charges are so high (about 25%) anywhere.


Name - Manohara .T. H
Policy no – [protected]
Membership No – [protected]