Bajaj Allianz Complaints & Reviews

Sir this is uma devi agrawal. I have invested Rs. 10000 X 4 = 40000 in bajaj allianz company. When I was interested to invest in any company, a agent of Bajaj Allianz made me sure that if I invest Rs 10000 x 3 = 30000 (regular premium 10000 per year for three year), I will get Rs 50000 and if I invest Rs. 10000 x 5=50000 (regular premium 10000 per year for five year), I will get more then Rs. 80000 but after investing Rs 10000 x 4 = 40000 when I go to Bajaj Allianz office to know the fund value of my Policy then the representative did not give any response to me and did not provide me my fund value statement.
Sir my complain is this plz make a very strong action to such companies who are making and made wrong commitment with customer because every customer has no sufficient knowledge of these plan and that why these company make fraud with them. At the time of investment they show a lot of benefit but when customer invest in any plan, he will not get any type of said amount.

Hope you will understand customer problem and take a strong action against it
My purchase details is
Policy No. [protected]
Dt.[protected] Rs. 10000 Invested
Dt.[protected] Rs. 10000 Invested
Dt.[protected] Rs. 10000 Invested
Dt.[protected] Rs. 10000 Invested

My Communication Address is
Uma Devi Agrawal
C/o Tarun Agrawal
153 Gurudwara nagra Jhansi
U.P. 284003
Mob [protected], [protected]
mail [protected]@gmail.com

hi,

Pls. be careful buying policy from bajaj allianz. sales executive cheats customers and when you make complaint they will not take their involvement directly all dusputes put on customers side. I spoke to one of executive Sweta kumari from, muzaffarpur district, bihar, she is totally mad she even dont' know how to respond customer. I am wonder how co. satisfied its customers. they appoint silly person as an agent in rural area basically, who misguide customers, give fake commitments, assurance and sales policy to his known one. eventually customer feels cheated.

In future I will bot take policy from bajaj and will not advise anyone who like to buy it.

Complain Number: 8902957
Track Number: 8908406

After repeatedly calling the Branch and the Customer Service, yet no one tells me the exact status of my policy.

DEAR SIR,
I RECEIVED A CERTIFICATE OF INSURENCE YOU WHICH HAVE BEEN ISSUED WITHOUT MY CONCENT . THE DETAILS ARE AS FOLLOWS-

MASTER POLICY HOLDER MEMBERSHIP NO. :[protected]
LOAN A/C NO. : 5770CD00052087

THEREFORE, I REQUEST YOU TO CANCEL THE ABOVE MENTIONED INSURENCE POLICY AND REFUND THE PREMIUM AMOUNT WHICH HAVE BEEN DEDUCTED FROM MY BANK A/C.

SINCERLY YOURS
PRADEEP KUMAR SHARMA

Sir,
I joined in Bajaj allianz Unitgain plus gold on 22.11.2007 and remitted an amount of Rs.15000/.I was told that it is a one time policy and it is a locking period for three years.In the meantime the representative got my signature in some of the papers which could not read and understand since very small letters with lot of pages.Hence,I beleived that as he said in oral will be real.But as soon as received the policy,I was really shocked that the policy period will be for ten years and the unit account value Rs.11286.68 against my remitted amount of Rs.15000/.However after three years I have received a cheque amounting Rs1657.00/ Dated:13.12.2010.for the full settlement stating that for non payment of regular premium amount.I intend to send this cheque back after getting your advise.
Allegation against this company.
Point No.1.I was not fully explained about this policy rather he got my signature.2.Puposefully they deal with me with out explaining any thing about policy and with an intention of cheating.Hence I request you to kindly take up this subject in appropriate forum to get justice for me and please guide further to proceed.

Dear Sir/Madam,
My self Vineel Dasari. i am the one of the victim of Bajaj Allianz health policies. I have taken to health insurance policies on 27-Dec-2008 50,000/- each. as my conversation with one it's Agent is he said to me pay 1 lakh and you will be cover 3 years and after 3 years you will get at least minimum 30% benefit on your paid amount. Then i said ok but i will pay only one year. he said ok no issues sir. if you pay one year you will be benefit bit less then paying remaining 2 years sir. Then i said ok and i have taken the two policies each one 50,000 on same date. After 3 years i went to one of it's branch in kakinada on 27-Dec-2010. i was shocked by hearing the what amount i will get after 3 years.is 6000/- (3000/- each) . they are saying as of now you fund value for 1 lakh is 60000/-, and you didn't pay the 2 lakh for that remaining 2 years penalty will be charged 60% on 60000/-. if you paid the 2 lakh with the lock period that 27-Dec-2010. the penalty will be 48% on that amount if you claim the full amount. if you kept the 2 lakh with us that you can withdrew 60,000 now and by year by year the penalty will be reduce so that you can get amount with out penalty after 10 years.for me now word to say. This is not digest thing for me. what should i do please help me. i paid 1 lakh and after 3 years now im getting only 6000. please do needful.

I am awaiting for your reply

policyno:78142816 ,78406235

mobile: [protected]

Thanks & Regards,
Vineel Dasari.

Hello Sir,

I had taken a policy from Bajaj Allianz 3 years back, the plan name is Bajaj Allianz Capital Unit Gain. My policy no is [protected]. I have given the first premium amount of 12000 Rs. Due to some personal reasons and hearing many fraud stories from this company, I did not pay the second and third premiums. Now the closing period is over as it is 3 years now and when I inquired about my money at the office they are telling they cannot pay it back. No where in the agreement given by them is given that they will not pay back in this situation. Please do the necessary to get my amount back.

Mob No. [protected]
Mail ID: [protected]@yahoo.co.in

Hello Sir,

Kindly refer Policy number: "74494566" under "UnitGain Plus Gold" scheme.
I recieved a cheque of Rs 5660 after a period of 3 years. I paid premium of Rs 25000 during the year 2007.
I have not yet surrendered my policy even than Bajaj Alliaz have terminated it.
Please suggest what action should I take at my end.


Regards,
Prabha Sharma
[protected]@yahoo.com

Hi,
My PF account no.MH/PUN/300862/9129 was submiiting to company in June 2010 but still no update received from them so please update the status.

Regards
Devi Singh Naruka
[protected]...

Date: 7th November 2009


Iam K.Sundaresan & my I.C.CODE NO; [protected][protected].Iam doing business since 2005 with BAJAJ ALLIANZ LIFE INSURANCE CO.LTD.During this period I have collected more than 7 lacs regular premium unit gain policy.

Because of my performance and my MBA qualfication I was offered the position of Sr.Sales. Manager(EMP.CODE.84629) for T.Nagar branch,Chennai,Tamilnadu in june 2006 .During February 2009 I have applied for medical leave as suggested by my doctor because of low back pain and I have been advised not to travel in Two-wheeler.From the period 2006 to 2009 I have done the business to the tune of more than Rs 1 crore regular premium.In the mean time my branch manager Mr.Vanamamalai has rejected my leave and terminated me from the employment service with immediate effect.During my employment service, the company had also recovered my IC Commisions from my salary.

I kindly request you to do a minimum favour of activating my IC.CODE NO. -[protected] and releasing all the renewal commission amount due to me at the earliest.Since because of non payment iam unable to work.My IC CODE AND I.R.D.A.LICENSE was renewed on 25.3.2009 and its valid upto 24.3.2012.

What bajaj was did to me.Once the agent crossed 6 lacs regular premium they will not give proper support and help.and try to offer a sales manager post as a free of cost and then they terminating within a year itself.Whey they did all you know for an a RENEWAL COMMISSION.They terminated older ic code and then they taken us a commission.In the Last financial year they took more than 300 crores from agents renewal commission itself.

This was happend many agents. Then customers money???Think all.

Hello bajaj allianz i want back my ic renewal commission do u understand-If you need more money means do someother cheating activity.Dont play with agnts and customers.I was inform this matter to bajaj allianz honorable leader CEO kamesh also.but he did make silence.

Dear Sir,
I am Govind Tripathi & working Bajaj allianz lic From 01/10/2010 to 24/02/2010 date. My Pf no MH/34020/79957.My Emp Coad 18671.bank a/c[protected].
Kindly Regards
Please sttlement earliest
Govind Tripathi
[protected]

sir,
I had visited your cuttack branch last three months back and applied for "how to access online to my ULIP policy(child gain 21+)".the man sitting in the customer care had assured me to send the user-id and pswd within a week.but till date i have not yet received any thing.please help me.

Dear sir,

I have submit all the papers residence Proof, Id Proof, Bank Passbook Copy, Cross Chaq, Form 19 and Form 10c and many times i have contests to the company but could not gate any response from the company side my PF No. - MH/52545/837.
So please do the needful in refund the amount
Thanking regards
Trilok Singh Patel
[protected], [protected]

i went to bajaj allianz insurance company located at Rajpur Road , Dehradun and the employee refused to provide insurance cover to my car saying that we dont provide insurance to mahindra renault logan, it was really surprising as to how an individual can tarnish the company's image in order to reduce his work.

sir....
my policy no:[protected] hereafter i dont want any transactions n bajaj allainz cancel all of them and returned my premium money......

dear sir i am satbir from delhi my policy covernote no. is .mc1oooo44123. sir last month dt. 3/10/10. my car was fully injurd by fire. i regirsted the claim on dt. 4/10/10. no. is oc1111o[protected]. but till now your company has not be any further step about claim. i have summited all pappers to yours suryars as my possibility. now dear sir i am requestly praying you pls.think about my claim status. policy no.og[protected] reg.no.dl3car0457

sir, I (Veerabhadrappa.B) am payeing Rs 10,000 through DD (no. 044483/10000 at Vijaya Bank K.R pet .Karnataka) to Bajaj Allience insurence co. by TLC insurence Ind pvt.ltd. agent. on Dt.[protected]. still today I am not getting a Bond.
Later I know the DD is Cleared at Axis bank selam.Tamil nadu on dated[protected]. Agent submit the DD to another person name whose giving cash to him.My DD amount credited to him.I am giving the DD to the name of Bajaj allience company.how they are using this.please provide the Justice for me.

I Suprabha Acharya was working as an Insurance Consultant(ICC Code-[protected]) from 2008 to 2010. Now I have applied for a NOC(No Objection Certificate) as I don't want to work as a consultant in Bajaj Allianz LIC LTD.I have applied it from 19th Nov 2010. but my file has not yet moved to Head office at pune. The people from Bolangir brach as well as from the Division Office at Sambalpur Dist. are not responding me and even they are not receiving my phone calls.This is seveourly a Intentional Harrashment.

Kindly look into this seriously

Looking forward to a positive response.

I renewed my motor insurance policy with Bajaj Allianz and made the payment thru their IVR service on 15th November 2010. My existing policy # OG[protected]-00021276. I received the receipt for the same.

However, till date (27th November 2010) they have not sent me the policy schedule. They have not even sent me a soft-copy of the schedule, which was promised within 48hours of the payment.

The call-centre I spoke to today, reiterated their commitment to arrange for the soft-copy and the policy documents in 7-14 working days.

Can't figure out what is it that they are doing?

Plz help...

Bajaj Allianz was introduce us with little benfits. They given us a policy for 20 years and they inform us that you can stop the Policy paying after 3 years, if you are not interested to pay more. you will get the full amount and interest on it. ANd we pay Rs. 10,000/- per year for 3 years.

Now when we want to withdraw the money for my sons college admission, they are introducing the Policy to us that after 3 years you stop paying money but policy will go for 20 years, if you want to withdraw now you will get after cutting 5500/- from actual amout. if you are continue with not paying the amount of Rs. 10,000/- for further period you will get your money back but after cutting some equivalent amount for not paying the policy amount.

Woh, what a policy they are introduced. Like this policy Company has to discontinue with immediate effect. Govt has to take action against them if they are doing such fraud cases. With this compliant we request you to please inform the Bajaj Alliaz to pay us atleast our Rs. 30,000/- we are not at all interested in interest amount. but what we are invest atleast we has to get that money otherwise we may proceed for Consumer Court for our money.