Bajaj Allianz Complaints & Reviews

I Bhagya ,my policy number is 72163318 under capital gain unit size one ,i have been paid rs.12000/- pa for 3 years form 2007, now i want to with draw the policy amount ,i want to know how much amount i can get from the policy.& what are the proceedings to get it.

MY SELF MR.MANSHA RAM ERPACHI S/O MANNI LAL ERPACHI TAKEN ONE POLICY VIDE NO.[protected] DT.1/8/2012 FOR RS.50,000/- YEARLY PREMIUM ON FREE LOOK CONDITION. AFTER RECEIVING THE POLICY I HAVE SEEN THE TEERMS AND CONDITION AS WELL AS RETURN ETC WHICH IS TOTALLY DIFFERENT AS MANAGER TOLD ME WHILE FILLING THE POLICY PROPOSAL FORM. SO I WENT TO BAJAJ ALLIANZ OFFICE AND DISCUSSED WITH BRANCH MANAGER TO RETURN THE POLICY UNDER THE FREE LOOK PERIOD I.E.ONE MONTH FROM THE DATE OF ISSUE. ASPER THE CONDITION I WAS SUBMITTED ONE APPLICATION TO BR.MANAGER ACKKNOWLEDGEMENT COPY IS WITH .ME. BUT THEY REFUSED TO RETURN THE AMOUNT AS WELL AS POLICY.
MY REQUEST IS TO YOU THAT PLEASE TAKE THIS MATTER WITH THE BAJAJ ALLIANZ CO.AND ASK THEM TO RETURN THE AMOUNT RS.50000/- YOUR EARLY INTIMATION IS EXPEDTED WITH FRUIT FUL REPLY.

THANKS

ADDRESS:2/A, STREET-20. SECTOR-8. BHILAI. DISTT-DURG, CHHATTISGARG, PIN 490006,67

A person named K.Ravi (Ph no. [protected]) has called me and sent an agent on 06-dec-2011 for the renewal for my bajaj alliance two wheeler insurance.
I have submitted all the requested copies and paid an amount of Rs.700 /-. He said that the renewed policy would be sent through mail and also by post within a month. But i didn't get any thing like that.The same person called me few days back and sent the same person to collect the payment again. When i asked him about the previous years policy, he has changed his word and asking me to take a new policy.
I have got a bill signed by him as an evidence.

Here are the details of the policy and agent.
Policy number: OG[protected]-00002565
Insured name: ch satyanarayana.

Agent details(the person who cheated)

Name: RAVI
contact no's: [protected]
[protected]

sir,

I am MOHD. AHETESHAM UDDIN s/o MOHD. AJAZ UDDIN . My father had taken bajaj allianz group policy on 07/03/2009 throgh syndicatebank bharweli balaghat (m.p.) .His policy no.[protected].He paid premium regularly and his 2nd premium also paid throgh dd at 27/3/2010 that dd no. is[protected] of Rs.2000. payable at syndiket bank tatkal bima scheem payable at co banglor. I have submited all documents related to claim.company say that my claim has been settled on 24/08/2012 but claim ammount does not received.Regarding to this my complaint no. is 27950980 on 28/09/2012, 28778714 , 29863475 on 8/10/12.



Referance:

policy no.- [protected]
membership no.- 213291
Dob.- 24/06/1968
Date of commencement- 07/03/2009
premium amount- 2000
Nominee- Mohd.Ahetesham Uddin
Contect No. [protected]
[protected]@gmail.com

Hi there,

I am working with ADP Inc.,Chennai. I subscribed Bajaj Alliance Insurance policy (monthly) in the month of July.Later on, I found paying 1500 every month wouldnt be possible, since my family expenditures were growing high.

I called up one of the citibanker (Ms.Hema) regarding cancelling my policy and she asked me to drop an request letter to Operations,Bajaj Alliance Insurance,T.Nagar,Chennai .But there was no acknowledgement received regarding the same.I dropped a line to Hema again and she explained to me saying that i need to send the request through courier and not through post.I did not but i did not hear back.Finally,when my salary was credited today,they have taken 1500 as usual.

Can you please advice on this?
May be a right address,email address or phone number would be appreciated.

Kind Regards,
Jane

Dear concern,
my name is sukh sagar i had resigned on 9th august 2012 from bajaj allianz. after so many mails and phone calls co. not given my full and final which ( 5 years gratuity, 25000 contest amount of foreign trip amount, 20 days salary almost 15000 and 2 month earned leave) when i asked my branch manager mr. yatin sharma, he demanding me money to release my FNF. please assist me
Thanking you
sukh sagar
ex employee of bajaj allianz
mo. [protected]
mail:- [protected]@gmail.com

Sir/Madam,

I was taken a policy from Bajaj Allianz four year back and assured by agent that you will get the assured money Rs 60000.00.I had invest 20000.00 per year for 03 months .But after 04 years i had received only 45000.00 from Bajaj Allianz .After complaining to Cuttack office , their response was not very positive and confirm they will call back to me after study my case .but still i have received any call from their side .

Kindly suggest me what i will do against this complain ?

RESPECTED SIR,
MY POLICY NO.-[protected],
PRODUCT NAME- CAPITAL UNIT GAIN

PLEASE ISSUE MY CURRENT STATUS OF MY POLICY AS SOON AS POSSIBLE. MY EMAIL ID IS ramkumar.[protected]@gmail.com & MOBILE NO[protected]

Hello

Im ganesh from chennai, age 39. I have cheated by bajaj allianz insurance company and agent they marketed Traditional Policy - SUPER SAVER Life insurance agent call me several time and marketed thier cheating product . they told to pay only 5yrs premium and you will get 8 lacks after 5 th year they put some calculation and canvased me. they said you can withdraw after 6 year. i told them my age is 39 yrs and you take insurance only for 10 to 15 yrs. they agreed. i took policy based on the information they given. i received the once i received document the term is 30 yrs and i can only withdraw the amount after 30 years in the middle i cant withdraw the amount.

my age is around 40 after 30 yrs my age is 80 how i can pay the premium in retired age 80 yrs. they really bajai allianz people cheated me saying false words. and the document is completely different from what they told. once i received the document im not able to reach them. only the voice mail i received. i went to the t.nagar(other) branch and they said you cant withdraw till the policy end date mean after 30 years. they don't have commonsense that how i can pay till 80 yrs.

they agent name and code in the document when i give compliant to bajaj they said they left the job and they cant help you . im not able to contact the agent after that. , they forcing me to pay the premium. they really cheating the people. i have lost my hard earned money 23 thousand for 1st premium . My humble advice don't go with bajaj allianzes they really cheating innocent Indian people. go with LIC or ICICI.

Is there any way to get the money? or any one have been facing the same problem ?

share [protected]@gmail.com and [protected]@yahoo.com

Regards
Ganesh

I have sent my PF withdrawal form on 17th July but till I have not received any reply from the company. I even didn't know the position of my form. I have forward mails 15 times regarding inquiry. Once i sent my brother to office, they replied your application has been lost, so send new application.The new application has been sent but they are not replying now. What should i do now?

श्रीमान जी
शिकायत दर्ज कराने के बाद भी मेरे मोबाइल [protected] नंबर पर अभी भी एसएमएस आ रहे हैं- जैसे
LM-Bjazgi : dear costomer, we request your feedback on the recently concluded claim no oc[protected]. Kindly email your feedback on [protected]@bajajallianz.co.in (this is an automated sms.pls. do not reply.)

&

LM-Bjazgi : dear costomer your claim no oc[protected]-00000235 has been approved for Rs. 17275. kindly contact our nearest office if payment is not received within 3 working days.

&

LM-Bjazgi : mr. rakesh c sagar contact no. [protected] has been appointed as the surveyor. survey will be conducted within 24 hrs. kindly contact him for forther details. Bajaj Allianz. the power on your side.

Hi,

I have opened the Bajaj Alianz ULIP Policy: [protected] in tieup with CITIBANK.
I have not received the Initial Policy document yet even after 1.6 Years. I had complained 3 times till now. but problem is not solved.
I think Bajaj allianz has some hidden agenda to cheat its customers.
Can some one please tell me how can I withdraw my policy at this time ?

Thanks,
Madhu

I have taken a policy named Capital Unit Gain in May 2007. At the time i took the policy, i was told that i will be able to withdraw the full amount in the policy without any surrender charges after the lock in period, which was 3 years. Now, when i approached Bajaj Allianz, they are telling that i will have to pay 50% of the first premium amount which will sum upto 10000 rupees. The total fund value is around 86000 rupees. I would like to get the full fund value without any surrender charges. But, for that i will have to wait for the full policy term which is 20 years as per Bajaj Allianz.

Thank you,
Arun Peter

Dear Sir,

First of all thank you. Myself Rakesh Tiwari Mobile No.-[protected].
1.) My policy No.[protected] for paid 30,000.00 Rs in 3 instalments during 3 years.(10,000.00 Per year)
2.) My brother’s policy -[protected] is paid 1,50,00.00 Rs in 3 installlment during 3 years(50,000.00 Per Year)
During the time, lots of cheating come to know so that I Went to Pandari Raipur Contact No[protected]C.G.) just want to surrender my policy. But when I know the process for surrendering my policy they told me you will get only 18,000.OO + Rs. and 1,12000.00 +Rs. From Second Policy on 17/0ct/2012.I told please complete the surrender process today. They has given excuses like lots of documents and say to us will complete the process tomorrow. Document required for submission is Cancelled check mention with required format and policy.
When I went on 18/10/12, they have told me share market has down and your refund amount is decrease -500 Rs. And also receive message from Bajaj-LM that your request no 29618291 is pending for some requirement from your side .Please visit our nearest branch or call.

This is the worst company which gambling with customer money. I have loosed 50,000.00 Rs total from both policy.

Please take some necessary action so that customer harassment can be stop. This type of Fraud agents which are selling silly policy to cheat with customer.

Thanks & Regards
Rakesh Tiwari Mobile No.[protected]
Mailed :- [protected]@gmail.com

I have car insurance from Bajaj Allianz General Insurance Company
Limited.I lost my car in fire and the claim with all documents was submitted
on 17th July 2012.the details are as follows-

claim no. OC[protected]-00001090
policy no .OG[protected]-00000920

Even after 3 months no intimation is given to me regarding my claim ,date of payment and approved amount.
my email is [protected]@gmail.com, phone no. [protected]

BHARTI SHARMA

After Compliments,

Respected Sir/Madam,

I, Mubarak H. Khan, holding the below mentioned policies would like to surrender it and get the refund ASAP. Kindly advice me for the same.

Regards

Mubarak H. Khan
[protected]



Policy Details of Policy No: [protected]


Policy Holder Name : MR MUBARAK H KHAN

Insured Person : MR MUBARAK H KHAN

Policy Status : LAPSE

Sum Assured : 200000

Policy Term : 25

Premium Term : 25

Maturity Date : 28/07/2034

Inception Date : 28/07/2009

Last Premium Date : 28/07/2033

Frequency of Payment : Annual

Next Due Date : 28/07/2010

Surrender Value : 0

Installment Premium : 19768

Address
SULEMAN BLDG NO 302 NO-5 CHITRAKALA SOC~KURLA (W) AGRA ROAD
City
MUMBAI
State
MAHARASHTRA
Pin
400070
Email Id
[protected]@gmail.com
Mobile No.
[protected]
Nominee Details
Name
MOHD FARAAZ MUBARAK H KHAN
Relationship
Son



Policy Details of Policy No: [protected]


Policy Holder Name
MR MUBARAK H KHAN
Insured Person
MR MUBARAK H KHAN
Policy Status
LAPSE
Sum Assured
250000
Policy Term
25

Premiun Term
25
Maturity Date
28/07/2034
Inception Date
28/07/2009
Last Premium Date
28/07/2033
Frequency of Payment
Annual
Next Due Date
28/07/2010
Surrender Value
0
Installment Premium
24710

Address
SULEMAN BLDG NO 302 NO-5 CHITRAKALA SOC~KURLA (W) AGRA ROAD
City
MUMBAI
State
MAHARASHTRA
Pin
400070
Email Id
[protected]@gmail.com
Mobile No.
[protected]
Nominee Details
Name
MR FARHEEN MUBARAF KHAN
Relationship
Wife






Policy Details of Policy No: [protected]


Policy Holder Name
MR MUBARAK H KHAN
Insured Person
MR MUBARAK H KHAN
Policy Status
LAPSE
Sum Assured
250000
Policy Term
25

Premiun Term
25
Maturity Date
28/07/2034
Inception Date
28/07/2009
Last Premium Date
28/07/2033
Frequency of Payment
Annual
Next Due Date
28/07/2010
Surrender Value
0
Installment Premium
24710

Address
SULEMAN BLDG NO 302 NO-5 CHITRAKALA SOC~KURLA (W) AGRA ROAD
City
MUMBAI
State
MAHARASHTRA
Pin
400070
Email Id
[protected]@gmail.com
Mobile No.
[protected]
Nominee Details
Name
MOHD SAAD MUBARAK H KHAN
Relationship
Son








Policy Details of Policy No: [protected]


Policy Holder Name
MR MUBARAK H KHAN
Insured Person
MR MUBARAK H KHAN
Policy Status
LAPSE
Sum Assured
250000
Policy Term
25

Premiun Term
25
Maturity Date
28/07/2034
Inception Date
28/07/2009
Last Premium Date
28/07/2033
Frequency of Payment
Annual
Next Due Date
28/07/2010
Surrender Value
0
Installment Premium
24710

Address
SULEMAN BLDG NO 302 NO-5 CHITRAKALA SOC~KURLA (W) AGRA ROAD
City
MUMBAI
State
MAHARASHTRA
Pin
400070
Email Id
[protected]@gmail.com
Mobile No.
[protected]
Nominee Details
Name
MOHD MAAZ MUBARAK H KHAN
Relationship
Son

My self Badrinarayan Meher

My policy no. - [protected]
i want to know my policy status.

plan-bajaj allianz century plus
policy no-[protected] and [protected]
name - kirti poddar
we have already paid the three-three premium of this policy and we have the receipt also,but this company is saying that they have not got the third premium, your agent has cheated you , sir he(vicky) is their agent, they have to find out where is my money? we are not getting proper answer from the company nor agent is receiving the phone. sir I am a housewife and I am very needy of money, pl. mera paisa niklwa dijiye please

Dear Sir,
I son of late soudamini Ghosh had got the Policy at bajaj allianz policy no. [protected],(policy holder Late Soudamini Ghosh )in the year 2007.After her death I aske for claim the policy .I was told by bajaj allianz executive that claim is in progress.After few months competed I was told by them insurance claim could not be done ,But the pricipal amount of 25000/- will auto-surrender after the completion of 5 years .Before the 5 years completion when I went to bajaj allianz office baripada branch I was advised by them ,to claim by proper doucoment .I had done as per their suggestion .After 20 days I got the answer from bajaj allianj office (pune) the policy has been lapsed .
I request them many times by hard copy and by E-Mail to return the pricipal amount without any interest . But I got the answer that the total amount has been lapsed and nothing has to refund .

Every body do the Insurance policy for gain something .But I have lossed 25000/- .
1.Policy Number - [protected]
2.Name of the plan ? century plus
3.Face amount of the policy ?
4.Effective date of the policy -28.11.2007
5.Premium paying terms (Single premium/annual/half yearly/quarterly/monthly) - annual
6.Premium amount ? 25000/-
7.Cost of damage ? 25000/-

I had invested in Bajaj Allianz ULIP; paid Rs. 15,000/- for first three years. After 5 years of policy inception I wanted to surrender. When contacted the Customer Care, they said their will be penlaty and I would get only Rs. 43,000/- wheras fund value stands at Rs. 51,500/-. I regret my decision to invest in Bajaj Allianz. If I would have put this money in Bank RD or FD I would have received more than this.