Bajaj Allianz Complaints & Reviews

Dear sir,
Please send me the details of my Bajaj Capital Unit Gain Size One policy details and NAV details. My policy No. is 32489577

sir,
please send me a duplicate copy of my policy document no. OG[protected]-00000077.at the E-mail ID :- [protected]@gmail.com. its urgent.

sir i have complaint about bajaj allianz that
i submitted 3 instalment in 3 year of 30000.
company told me give 50000 after 5year but now company give me only 29000 less than my actual money&not give me my 5year interest
please help

sir
i have been purchase your new family gain policy no [protected] but i have after first premier no any premier deposited so my policy is leps
but my first premiur amount Rs 12000.00 Deposited in your office dt 27/11/2007 no any contact your company and no any refund received for me
plz any refund or any quiry contact us for me

Dear Friends, जागो ग्राहक जागो
Through this complaint I am appealing to all of you that all o[censored]s should avoid to invest our money in bajajallianz. I am making this appeal from the experience which I had taken. I am giving the details below.

Three Years ago I had invested Rs.25000/- in bajajallianz's unit gain policy( or I may say that Unit loss/rob Policy). I was being told that only 2% fund as admin charges will be deducted and 98% fund will be invested. But when I saw the status of my policy after three years I was shocked. Bajajallianz had deducted about 13.98% fund as hidden charges. And now they are giving very cute explanation that the charges are deducted towards i) Mortality Charges

The mortality charges depend on
(a) The amount of Life Insurance Cover.
(b) The attained age of the Life Assured
(c) The occupation of the life assured
(d) The health of the life assured
The mortality charges under this policy per Rs 1000 of Life Insurance Cover for varying ages is given in Annexure I.

Now I want to show you the cheating of bajajallianz please see below:
Amount I invested: 25000/-
Allocation Rate %: 98
Allocated Amount: 24500/-
on date: 21-FEB-08
Unit Price on date 21-FEB-08: 15.0360
Allocated Units: 1629.4227

Now I show you Deduction:
Deduction First:
On Date: 31-MAR-09
Policy Admin Charge Adjustment Single: 5.00
Unit Price On Date: 31-MAR-09: 8.8640
Deducted Units: 0.5641

Deduction Second:
On Date: ?(Not Given in fund summary)
Charges:? (Which?)
Net Amount Deducted: -3490.90
Unit Price On Date(?): ?(not given)
Deducted units: -262.3652

Remaining Units: 1367.6216
Now when I checked the historical NAV rates of this fund I saw that the highest rate of this fund was 17.99 on date 13/10/2010.

Dear Friends if you see that if I multiply my remaining units with the highest rate of this fund still the amount will be less than the amount which I had invested. see below
see that when I calculate( remaining units x highest NAV) the amount is less than the amount I had invested.

1367.6216 x 17.99 = 24603.512584 < 25000/-(the amount I invested).

So now it is time to awake and be aware from such type of cheating. जागो ग्राहक जागो. Say No to BAJAJALLIANZ (MISALLIANCE)
I appeal to all those who read this to pass this appeal to all your relatives & friends.



--
Pawar Yogesh A.
SRES's K.B.P.Polytechnic
Kopargaon

Dear Sir/Madam,
As i have been sent my complete form for
provident fund to Bajaj Allianz Life Insurace Co. Ltd. Indore Office
(M.P) by 5th of April 2011 and it is processed and received at PF office
Pune on 16th of August 2011,as i confrmed it by telephonic discussion,they
told me that it will credit in my bank account within 45 days,now 6 months

are over i have not received my PF yet, i dont know what to do?* *I m

continuously calling in PF office but no body is picking up my call,i dont
know to whom i should ask regarding as i dont have any offiicial email id
of PF office Pune.
Pls do some solution on urgent basis as its been almost 6th
months,not getting any proper reply.Pls find attachment.


Pls do the needful


Regards
Anjali Parakh
[protected]
X-Employee of Bajaj Allianz LIfe Insurance Co. Ltd(e-code:BL02063)
PF NO-pu/pun/300862/7286
[protected]@gmail.com

Hi all.
Bajaj Allianz is the no 1 robbery team in Insurance.
Better go with Govt Insurance companies or invest in someother useful thing.

Please refer below the mail I sent to Bajaj Allianz,

Bajaj Allianz policy no: 95179118, request you to provide clarification on my termination of policy 95179118. I have not intimated regarding this.
I really surprised & shocked when I recieved surrender amount of Rs 3981/- against policy deposit of Rs.20000/-
I suppose to pay Rs 20000/- for next 2 years, which I was unable to make due to personal reasons.
I thought
f paying Rs outstanding Rs 40000/-(for 2years) this month to get/avail my amount Rs 60000/- next year.But when I called to customer care today morning, they dint respond properly.

I need a proper justification of my termination, since I have not intimated about the same.

Pls Note:
If I invested that maoney Rs 20000/- in 2008 on "Gold" today my money will be doubled.
Atleast if I deposited the amount in bank for 3 years, I wouldhave got 9% p.a interest.
If I kept the money in locker, it could be the same atlest & safe also.

Now pls think, I invested in Bajaj Allianz in 2008, my amount has gone from Rs 20000/-

Its really a fruad jobs you are doing.....
Instead of cheating customer ask Bajaj Allianz to do prostitution job or robbery.
Else go everywhere in India do the Begging job in professional manner so that you can earn more than this.

Its all our money where we earned from with out proper sleeping,under the hot sun, after saving of daily food cost we invested in Baja Allianz. Now see who is cheater, who is Begger?

What the company policy you are running? Unable to provide a clarification for customer problem?
what is policy?, it is formed by a organization. Custome is your first priority, if you are not satisfying your customer then why u r running a Insurance company.
G somewhere else where prositution is allowed start a company "Bajaj Prostitution Ltd" then u will earn more money.

Dont suck customer's blood. Its not good for you.

Really a smuggler, killer, cheater, begger, holes, thieves, # are far far better than Bajaj Allianz.

I really ashamed for Invested in Bajaj Allianz. I assure you, definitely Bajaj Allianz will feel for this shortly.
I really ashamed to Invested in Bajaj Allianz.

Its your duty to intimate about the renewal period, termination of policy. You should educate your customer about the termination policy.

You failed to do that and terminated my policy.

I really ask you one question guys, will you accept this kind of depreciation in your Investment?

You should call to customer & create awareness about termination, eventhough we have signed the POLICY DEPLOYMENT documents.

Do you think every customer will remember about the terms & each sentence in the signed copy?

Why are you sucking customers blood?

Till date I have not recieved any "Account Statement" or Break-up of Robbered charges.

I really surprised & shocked when I recieved surrender amount of Rs 3981/- against policy deposit of Rs.20000/-
I suppose to pay Rs 20000/- for next 2 years, which I was unable to make due to personal reasons.
I thought
f paying Rs outstanding Rs 40000/-(for 2years) this month to get/avail my amount Rs 60000/- next year.But when I called to customer care today morning, they dint respond properly.

Still Im requesting, I need a proper justification of my termination, since I have not intimated about the same.

Pls Note:
If I invested that maoney Rs 20000/- in 2008 on "Gold" today my money will be doubled.
Atleast if I deposited the amount in bank for 3 years, I wouldhave got 9% p.a interest.
If I kept the money in locker, it could be the same atlest & safe also.

Now pls think, I invested in Bajaj Allianz in 2008, my amount has gone from Rs 20000/-

Bajaj Alliance & TCL is a fraud . I bought a policy & referred some ppl under my network. They promised to offer some amount for the reference. But they didn't give back any amount for my investment too. Plz suggest me the way to punish them...

DEAR SIR,
I AM PURCHASE A POLICY FROM BAJAJ ALLIANZ NEW UNITGAIN ACCOUNT.
COMPANY AND AS PER COMPANY RUAL CHARGES 1 YEAR ALLOCATION CHARGES 55% AND RENEWAL ALLOCATION 4%. I AM AGREE WITH COMPANY.
BUT COMPANY IMPOSED CHARGES RS 4525.78 IN MY A/C.
I AM LOSS TOTAL RS 4525.78.
KINDLY SEE THE MATTER AND OBLIGE.

MUKESH BANSAL
HIGH SCHOOL ROAD
BARMER
[protected]

the representative send by the company told that we only have to pay the annually due only three times and i[censored] wish you can surrender the policy he didn't say anything about paying after that
and two years after joining this policy we came to know about from my friend who was also cheated this way that the money for insurance would be taken from the sum due annually which the representative said that the company wont take
as a result i went to the local sub office at ernakulam but they also said the same that the sum for the insurance wont be taken from the annually paid sum which they told they are putting in share market.

i went to the office at ernakulam to surrender my policy and they say that i will only get RS:20000 in return and i have paid RS:36000 as they told so i want a solution for this. if no action is taken i will go to the law of court

Dear Sir/Madam


I am Mrs Amreen Acharya a customer of Bajaj Allianz Health Insurance since last three years. My complaint is that I renwened my health policy on the 11/11/2012 & still have not receieved my policy doccuments .The executives in Bajaj Allianz office are very rude & lack product knowledge. Today Is the 10/01/2012 I have still not receieved my policy doccuments. I have been calling since November 2011 & executives keep promising that they would send it to my home address. I called up last on the 04/01/2012 &spoke with Anuradha Pawar at Bajaj Allianz office & she promised to send the policy cards & the policy doccuments.

Today on the 10/01/2012 I receieved a courier which had the health cards only & no policy doccuments & so I called up anuradha pawar at the direct # she gave me as.... [protected] at around 1pm. Anuja attended the called & said that anuradha has gone for lunch & once she comes back she would call me back. I didnt receieve a call so I called the same # ([protected]) again. Anuja attended the call & then called anuradha loudly & said gai khadde mein amreen ka call hai. & later when I confronted her that why did she say something like that she said she was not the same person & disconected the call. I called the # [protected] again & spoke with Advit who said that, that #[protected] was his direct # & there was no girl there. He was not ready to hear or appoligise was just not interested. Later when I explained him the whole seen he said that Anuja is his manager & she can't say something like that. He didnt trust what I said.I have been harrased by these guys they just don't want to help they are in a hurry to end the call.I am just calling up & waisting time & money & nobody to help. Want to know If someone can help me with this. & if possible want to port my policy to any other company.



Regards Amreen

----- Original Message -----
From: Ashish Chaturvedi <[protected]@rediffmail.com>
Date: Thursday, June 2, 2011 6:05 pm
Subject: Fw: Settlement of PF claims
To: acc.[protected]@epfindia.gov.in, acc.[protected]@epfindia.gov.in, [protected]@epfindia.gov.in, rc.[protected]@epfindia.gov.in, [protected]@rediffmail.com

> Respected Sir,
> Please look into the matter and respond at your earliest.
>
>
> With Warm Regards
>
> Ashish Chaturvedi
>

>
> Treat yourself at a restaurant, spa, resort and much more with Rediff Deal ho jaye!
>
> ----- Original Message -----
> From: "Ashish Chaturvedi"<[protected]@rediffmail.com>
> Date: Thursday, June 2, 2011 6:05 pm
> Subject: Settlement of PF claims
> To: <[protected]@epfindia.gov.in>
> Cc: <acc.[protected]@epfindia.gov.in>,<rc.[protected]@epfindia.gov.in>,&...⇄
>
Respected Sir,
> Please find enclosed herewith the scanned copy of the letter send to me regarding the information of settlement of PF claims against my PF account no MH-34020/34254 which is in the name of Ashish Chaturvedi through that I come to know that two cheques were issued in my name against my PF claim.Details are as follows :-
> 1-P.F.Cheque No. 523193 dated 29/04/10 of Rs. 12796.00
> 2-FPF Cheque No. 628165 dated 29/04/10 of Rs. 5760.00
> Sir,as per the requirement,I had sent an application to the employer along with account blank cheque in the month of September'10 but till date I had not recd any settlement of my PF claims in my account.Account details are as follows :-
> Ashish Chaturvedi
> A/C No. SB [protected]
> State Bank Of India,
> Kamla Nagar Branch,
> Agra(U.P.)
> Sir,You are requested to please do the needful at your earliest.
>
> Ashish Chaturvedi
> Ph : [protected]
> Agra








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my self preeti gupta. i was the employee of bajaj allianz life insurance company as a bussiness development manager. i left that job in december 2008 but still i am not getting my provident fund. i have sent so many mail for the same but there was no responce.
my emp id is 67407, my pf account no. is MH/34020/058154. my dob is 13.09.1983


thanks N rgds

preeti gupta
emp id - 67407
mob - [protected]

I purchased a new mobile number in November 2011. Since December, I have been receiving messages regarding renewal of policies number [protected] and [protected] to pay premium of Rs 10,000 and Rs. 7,500 respectively that were due in March 2011. I also received an automated call regarding the same today. I have not purchased these policies and these calls and messages are a nuisance for me. Please remove my number from your policy details.

Hi,

My name is P Venkata Suryanarayana and my Bajaj Allianz Super Saver Policy number is : [protected]. I took this policy 29th November 2011.

As a part of my investment plan I contacted Bajaj Allianz Executives and Marketing guys of bangalore branch. They explained so many plans. After some days they called me and told that as a part of DIWALI offer they are giving so many other benefits like..

1....

I am not a policy. but company is post my home is policy.i am complaint it.the no is 14791699.
my policy no-[protected].and the membership no-[protected].plz chak this.
my name-LALIT KUMAR
mb-[protected]

Hi,

I have invested in Bajaj Allianz in ULIP policy. Every qtr 1500 INR. First one yrs they have deducted 97% of the qtrly premium and only 3% is invested. But the agent had not told me anything regarding this. See what kind of agents they have with the stupid company(Bajaj Allianz).
Once I saw my policy status and I was shocked to see the present worth on my policy. If I would have reedem my policy I would get only 10% of my invested amount. Then I stopped paying premium. and after sometime they told me now market is down please invest some more time and then your fund will grow. Since then I cleared all my unpaid balances and did ECS link to my bank account. Now i am seeing the funds are still not growing. Now i have a loss of 55% of my total investment. My friends trust me NEVER INVEST IN BAJAJ ALLIANCE. This is a CHOR COMPANY, mind it CHOR COMPANY.

I, Mrs. Yamini S Gawankar, Policyholder have submitted maturity
discharge form alongwith Original Policy document (pol.no.[protected],
pan card xerox, ECS form and cancelled cheque at SakiVihar Rd,
Powai, Mumbai Branch Office of Bajaj Allianz on 26/11/2011. The person at the said
branch office took 3 hours to only accept the documents. I have
written complaint on 26/11/2011 in the complaint register also. The
maturity amt is to be transferred in my Account within 11 working
days, as it was not transferred I have contacted the Head Office
at Pune on 21/12/2011. The complaint no.is 14714893. On 23/12/2011,
it is informed by their customer care centre that my maturity cheque was delivered to
SakiVihar Office, Powai on 14/12/2011. Therefore, I once again
visited at Saki Vihar, Powai Office on 24/12/2011. But the Branch
Manager, Mr Abhay Daas informed me that they don't have my cheque at
their office. Again I have waited there for 2 hours. But atlast no
solutions found. I have given my contact no. and address to Mr Daas
so that when the cheque is found he will inform me accordingly. Butre
since no reply from him again I have contacted twice to Mr Daas on
26/12/2011 (Monday). But he said that the problem is with courier and
still I have no reply from him. I have sent email on 26/12/11 at [protected]@bajajallianz.co.in regarding the same. I have once again contacted customer care centre on 27/12/11 and once again they have give
me complain no.14821239.

In view of the above, as one month is over after the date of maturity (maturity was on 26/11/2011) why shouldn't I claim for delayed payment charges and mental harrasement charges from such a reputed Bajaj Allianz Life Insurance Company Ltd.

Kindly help me in this matter earliest. My e-mail is [protected]@gmail.com

Yamini S Gawankar
Contact No.[protected]

dear sir,


I am a health insurance holder of Bajaj Allianz health insurence service. This is my details.

Customer ID: 24177367
Policy No. OG[protected]-00000619

As per your renewal notice dated on 04/08/2011. I have paid the amount through cheque no. 249097 dated 11/08/2011( central bank of india) through agent Joydev Patowari( mob no. [protected]).

But i still not received any document like Health Card and Policy from you.
I will be kind enough if you send my renewed Policy and Health Card as soon as possible in my address.

Thanking you.
Yours faithfully,

Saroj Kanta Bhowmik
(mob no. [protected])
73/N Nuttanpally,P.O- Titagarh
DIST- 24-Parganas(North)
Kolkata-700119

Respected Madam,

I wish to take-up serious matter of cracked developed in front suspension of my Scorpio vehicle, which has covered only 25,000 kms and time wise it has crossed warranty period. Though the vehicle has crossed warranty period but the part which is cracked suppose to give life long service in normal running. This bracket cracked while going on tar road from Pimpri to Chakan (20 kms away near by place). The left wheel gone on a small ditch & bracket cracked & we could not moves as such, it was towed to Authorized dealer & lodged Claim with Insurance co. Bajaj Allianz. However Surveyor report it is clearly mentioned that due to prior crack the bracket cracked. On the basis of Surveyor's report the Insurance co. rejected the claim. We wrote to both Mahindra & Insurance co. to help us but they are not responding.
My vehicle is lying at Mahindra Dealer Sliver jubilee Motors wksp Last 6 months unattended. We wrote to Dealer / Company to give us Joint Investigation report regarding failure at such early stage how ever same is still awaited. We wrote letters to both on 27/11/2011, but more than 20 days passed their response still awaited. Copy of the letters enclosed for your ref. please. Hope your kind gesture will help us to resolve our complaint.

Yours faithfully
C. R. Choudhary, Mobile # [protected]
Block 108/1 NR, Laxmi Dharmshala River Road Pune 411017

Copy letter written to Insurance Co. & no reply received till date.
Claim Manager CGR/Claim/Scorpio/1 dated 29th Nov. 2011
Bajaj Allianz General Insurance Company Ltd.
Vardhman, 4th Floor
7, Loves Chowk, Shankar Sheth Road
Pune - 411042

Dear Sir,

Sub: Non acceptance of your decision about Repudiation of claim no. OC[protected]-00012022
Insurance Police No. OG[protected]-00022532 dated 10.11.2011

This has reference to your registered letter no. nil dated 29.3.2011 sent by registered post. We have
gone through the letter and your decision about repudiation of the claim is not acceptable due to the following reasons:-
1. The Surveyor did not even open the cracked bracket / removed from the vehicle and simply on basis
of visual examination that too from a distance of at least one feet from the cracked plate & reason
of failure assigned as having pre-existing crack”.

2. No one can say about the crack whether it was pre-existing or happened after the Impact, unless the
Cross-section of the cracked portion examined thoroughly & also microstructure of the failed portion.

3. There is also need to examine the material hardness as well as composition of the failed plate by the
Metallurgical expert.

4. Surprisingly the Surveyor report does not say anything about the crack developed on the bump
Stopper welding with Chassis frame? Which developed due to the heavy Impact on the stopper?

5. No photos enclosed with the report for our reference, request to please send one set of the photos
Submitted by the surveyor, without which your report is in-complete.

My vehicle is still lying off road in the workshop of M/s. Silver Jubilee Motors Ltd. near KSB Chowk, Telco Road Pimpri. & I have already suffered huge loss due to improper & incomplete one sided investigation.

In view of the above, May I request you to please depute some Senior & experienced person along with Surveyor to re-inspect the failure and pin point the exact cause of failure & provide satisfactory answers to all above cited points.

We await your quick action so that once for all above mentioned Issues can be settled amicably.

Thanks.

Chhogaram Choudhari
Appo. B Block, 108/1, NR, Laxmi Dharmashala
River Road, Pimpri Pune – 411017
M # [protected].


CC : Chief Executive Officer, : With a request to pl. depute Experienced person to
Bajaj Allianz General Insurance Co. Ltd. investigate the cause of failure.
GE Plaza, Airport Road, Yerwada,
Letter to Mahindra & Mahindra:-
Chairman cgr/claim/scorpio/2 29.11.2011 pune
Mahindra & Mahindra

Respected Sir,

This is further to my mail dated 26.5.2011 w.r.t. failure of front left suspension bracket at very low kms, 25000. My vehicle is still off road & Insurance co. M/S. Bajaj Allianz had rejected the claim on the pretext of stating that it’s a "pre-existing crack" hence cannot entertain under Insurance.

Earlier Madam Priya Kulkarni advised on 8.4.201, Pune office Mr. Lopes, but nothing had come out so far. We had requested for an investigation report by your engineers & Dealers so that I can take-up the matter further with Insurance Company. Request your kind help. I have also written to your Dealer in this regards. Photo of the failed plate and copy of the letter written to dealer enclosed for your reference.

We have already suffered a lot as vehicle is off road for almost 6 months and request you to pl. help us to advise your dealer to repair the vehicle as a special case showing goodwill gesture.

With Most Respectful Regards,


C. R. Choudhary
M#[protected]
Block 108/1 NR, Laxmi Dharmshala,
River Road, Pimpri, Pune-411017

Enclosures: 1. Rejection letter of Insurance company.
2. Photo of the failed plate
3. Copy of the letter written to dealer.