Bajaj Allianz Complaints & Reviews

As there is no contact information or policy no, please contact the nos below and we will be happy to help you.

Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected]
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in

We have sent a hard copy to your mailing address.

pls. inform me the balance of my policy No[protected]new unit gain plus)

please inform as soon as possible...please

my email mahesh.[protected]@gmail.com

Dear Mr. Mahee,

We have received your request and someone from our customer service team would get in touch with you soon.

Regards,
Bajaj Allianz

pls inform the balance of my policy no[protected]

pls infrom my account balance of my policy no[protected]& send my priti.[protected]@gmail.com

ddddd

pls intimate my account balance and status
policy no--[protected]
or mail [protected]@gmail.com

i m ic hear how i cheak my bussince detil plz help me [protected]@gamil.com

SIR,
I HAVE PAID MY PREMIUM FOR LIFE INSURANCE FOR CONSECUTIVE 3 YEARS PLAN.CAN YOU HELP ME ABOUT THE INFORMATION REGARDING MY ACCOUNT BALANCE AND LASTLY I HAVE LOSE MY CONTACT NO WHICH I REGISTERED TO YOUR COMPANY, I WANT TO REGISTER A NEW NO TO YOUR COMPANY SO THAT YOU CAN SEND INFORMATION AND I CAN ALSO CONTACT WITH YOU.
MY MAIL IS [protected]@gmail.com

please inform the balance of my policy no [protected].
My email address is [protected]@gmail.com.

SIR,
I HAVE PAID MY PREMIUM FOR LIFE INSURANCE FOR CONSECUTIVE 3 YEARS PLAN.CAN YOU HELP ME ABOUT THE INFORMATION REGARDING MY ACCOUNT BALANCE AND LASTLY I HAVE LOSE MY CONTACT NO WHICH I REGISTERED TO YOUR COMPANY, I WANT TO REGISTER A NEW NO TO YOUR COMPANY SO THAT YOU CAN SEND INFORMATION AND I CAN ALSO CONTACT WITH YOU.
MY MAIL IS [protected]@gmail.com

pls intimate my account balance and status
policy no--[protected]
or mail [protected]@gmail.com

please send my account statement for policy no.[protected]. My email id is [protected]@gmail.com

Please send my account statement for policy no. [protected]. My email id is [protected]@gmail.com. Earlier I've send a request but got no reply.

plz snd my account balance for policy no. [protected].my mail id is sachin.[protected]@gmail.com.

Please send my Password for my gmail id is raut.[protected]@gmail.com
and my Police No is :[protected]

please send my account statement for my policy no. [protected]. my mail id is [protected]@gmail.com

Please send my account statement for policy no. [protected]. My email id is karthi.[protected]@gmail.com.

Please send my account statement for policy no. [protected]. My email id is mrsr.[protected]@gmail.com. Thank you.

Dear Suresh,

Thank you for reaching out to us!
We would certainly share the necessary information with you. We have provided your details to our customer service team who will work further on the reported matter.


For any other inquiry related to Bajaj Allianz Life Insurance you can log on to http://general.bajajallianz.com/BagicNxt/misc/iTrack/indexOnlineGrv.do.

Best Regards,

Bajaj Allianz Life Insurance Team

Please send my account statement for policy no. [protected]. My email id is [protected]@yahoo.com. Thank you.

Please send my account statement for policy no. [protected]. My email id is [protected]@gmail.com. Thank you.

As there is no contact information, please contact the nos below and we will be happy to help you.

Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected]
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in

Nasty, Same happened with me. These dogs looting innocent's money.

They are white collared licenced from IRDA for looting public hard earned money...

most fraud company is bajaj allianz life insurance.always lost customers money.and bajaj allianz not help customer. and

I INVESTED RS 1, 25, 000.00 IN 2005 AND WITHDREW 75000.00 IN 2006.
LATER WHEN THE FUND VALUE WAS SLIDING DOWN I WAS ASKED BY THEIR REP. TO SWITHC FROM EQUITY TO CASH FUND TO AT LEAST LEAVE THE FUND VALUE AT GROW VERY SLOWLY OVER A LONG PERIOD WITH VERY LESS RISK.

NOW THEIR SO CALLED SUPER AGENT IS MISSING AND HIS JOB WAS ONLY LIKE A COURIER AGENT- TO TAKE ALL YOUR MONEY AND MAKE YOU SIGN ON DOCUMENTS WHERE HALF THE TIME THEY KEEP TALKING ABOUT MAKING FORTUNE OUT OF THE POLICY AND DONOT ALLOW YOU TO READ BETWEEN LINES AND LATER SEND A POLICY.

NO STATEMRNT HAS BEEN E-MAILED NOR POSTED AFTER SECOND YEAR.

NOW REALISED I HAVE 39000 ODD IN 2010 JULY AND TO MY SURPRISE WHEN I CALL THEIR TOOLFREE NUMBER I AM TOLD THAT THE FUND VALUE IS MARKET RELATED AND IT HAS COME DOWN AND MOST OF THE MONEY IS DEDUCTED AS FUND MAINTAINCE CHARGES.

SO I CONCLUDE THAT IN SAVINGS BANK DEPOSIT ATLEAST ONE WOULD EARN 3.5% INTERST P.A.

Your PF documents have been submitted to Pf office for reissue on 12th April 2010. Acknowledgement copy received from Pune PF office after submission of your documents dated 11th May has been given to you. Now your claim is under process with them.

If your bank account is in Pune, then your PF amount will be credited to your bank account after 4 months from date of submission & if your bank account is out of Pune, then your PF amount will be credited to your bank account after 5 months from date of submission.

If the amount has not been credited to the bank within said period, Please contact to PF office, Pune.

Public Relation Officer-

[protected],[protected],[protected],[protected],

[protected],[protected],[protected]

For your any PF related queries send mail to following email address :-

[protected]@rediffmail.com

Employee name :- SADANAND SHROUTI
Employee Code :- 33499
Designation :- CSE
PF No. :- MH / 34020 / 14528
PF From Sent to Mr. Viraj Sir, Sent by Speed Post 07.05.2010 & HO Received On 09.05.2010

ny name nilesh vasantrao mutkure my emp.coad cx-02468 i am x emp. in bajaj allianz jic ltd.my joining date 02/08/2007 my pf. no.missmatch pleas issued my pf. no. my. mob. no.[protected] my e mail id [protected]@rediffmail.com

My name Divyesh Patel from Gujarat ([protected])..My case is same of above case of Atul Mishra..so ple solve the problem..

Hi Anupam,
Did you get any response from Bajaj ? Any action you took ? Please share your further exp ?
Thanks
=Gaurav

ya, same thing happened to me also. i got less amount what i paid for three years
stupid one

We have reviewed both the cashless denied claim documents. The preauthorization form from both Medipoint hospital and Ruby Hall mention the past history of both hypertension and diabetes to be since 7 years for the insured. Hence cashless claims were denied. However we have not received any claim for reimbursement till date. Denial letter mentions that the insured can send the claim for reimbursement and that denial of cashless does not mean denial of treatment of claim. Hence the insured can forward the claim for reimbursement which will be assessed on merits as per policy terms and conditions.

We are sorry to hear about your complaint. Please provide us your contact no so we can get in touch with you as soon as possible.

bajajallianz capital gains — units not allocated properly/deduction of units

I have taken a capital unit gains Plan in bajaj allianz.but as per the statement it shows that they have not allotted me the units according to the amount invested.please help.
policy #[protected]

Bajaj Allianz — denail of premium

i deposited my second premium but they are saying no though ihave proof my bank statement

Bajajallianz — missing pan card

I Mr Prashant Kumar Sharma with date of birth 19.05.1983 lost my pancard and my pancard no. is BIGPS0902J .so please issue me a douplicate pancard forme.




Thanking you sir
Prashant Kumar Sharma

Bajaj Allianz — Not paid the full assured amount

Bajaj Allianz not paid the full assured amount for policies like Policy no:[protected]

Bajaj Allianz Insurance — Not paid the full Assured amount

When I took this insurance they said it was one payment and if i pay 30, 000 i will get 60, 000 in 5 years.
And it was clearly mentioned in the policy that the the term was 1 year and total premium payable for selected mode is thirty thousand fifty two and paise zero only and the sum assured is 60, 000.

But on maturity they paid only 31, 500 and when i asked they say that i did not paid the second year premium of 30, 000. I could not understand if i pay 30, 000 + 30, 000 in 2 years and they give back 60, 000 after 5 years.

I have sent a leagal notice too but no reply from them.

Sir,


You can contact us at the following contact details:

[protected]Any landline mobile)
[protected]MTNL/BSNL)
[protected]Bharati)
[protected]others)
Or mail us on: [protected]@bajajallianz.co.in

Dear Friend

An insurance contract is subject matter of solicitation. The policy document writes all the details of charges/period and maturity date. In case o[censored]LIP returns are subject to market risk and may vary in various market conditions.

Sum assured is the risk of life that the company takes. It is not necessarily the maturity amount.

Do you have any thing in writing which states the maturity amount. Is it a traditional product or a ULIP. Please go through all the terms and conditions.
You may always speak to the 24/7 call center of the insurance company and get your queries sorted.

Regards

Rahul
Insurance Expert & Freelancer

As there is no contact information, please contact the nos below and we will be happy to help you.

Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected] SMS [protected]@56070

GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in

Letter has been sent to you with the explanantion that u have not paid the 2nd premium therefore co has deucted the premium from your maturity and we have paid the rest amount with bonus.

Idea — Premium rates are charged w/o info

Hello!

My daughter has dialled number 5664424 from my Idea
Number [protected] because it was flashed on the TV
screen to submit a response to the quiz. I was shocked
that Rs 100/- was charged by the service provider for
this call of 9.23 minutes.

Without telling the subscriber, how can they charge
at the premimum rate?

It is requested to revert these charges.

rgds

-Manish Sharma

In reference to your mail, we have tagged your query under Query Number: 4412698.

You have opted for "Capital Unit Gain"; the policy premium term is of 20 years.

The annual premium allocation is 95%, the allocation rate for all top up premiums is 98%.

The unit-linked policy has three years of lock in period. After three years, customer gets facilities of premium holiday, partial withdrawal, or surrendering the policy.

“Premium Holiday” is a temporary period during which the policyholder can keep his policy in-force without payment of regular premiums. This holiday can be availed by the policyholder after payment of three year’s full regular premiums from date of commencement of the policy.

Anytime after three years from date of commencement of the policy, partial withdrawal o[censored]nits is allowed or surrenders of policy.

The premium paid by customer is invested in stock market. The stock market is volatile.

To avail the full benefit return on the amount of investment of this policy, kindly continue the policy for more than three years.

The surrender value payable will be equal to the "Regular premium" fund value and the Top Up premium fund value less the surrender charge.

The surrender charge is applied on Capital Units only and recovered by the redemption of Capital Units, please check the below given surrender charges details:

Year Surrender Penalty
Completion of three full policy year: 56%
4 54%
5 52%
6 49%
7 47%
8 44%
9 42%
10 39%
11 36%
12 32%
13 29%
14 25%
15 22%
16 18%
17 14%
18 9%
19 5%
20 0

bajaj allianz unit gain — RETURN IS LOWER THAN INVESTMENT AFTER 5 YEARS

Dear all,
I am Dr.Ajay Kumar
I have taken policy of Bajaj Allinaz Unit Gain .my policy no is [protected] on 19th of April 2010,my premium amount is 20,000/ per year .
I have been told by agent that i have to continue my policy for three years and will get return as per stock market return i.e is minimum of 18% . I was very happy that i will get return on my investment .
after passing of five years of my investment i went one of the there office where i found in my statement that amount left in account is only 51,000/ on principle investment of Rs.60,000 (20,000/year for 3 year) after 5 years .
i immediately surrender my policy on 16th of July 2010, and decided that not to invest in any of insurance company.

POLICY booking date is 28/06/2005
which is by mistake written 2010

Bajaj Allianz — Spelling mistakes

This Harish. C From Bangalore city. I had renewded the Insurence of my wheeler Bajaj Pulsur 150- DTS-i Registration Number KA 02 HF 6690 Submitted on 25.07.2010 Renwel effected from[protected] Midnight Insurence Policy number OG[protected]-00025730. Mistakes are name of the owner's and in address.

Bajajallianz — closed my policy & return my money

closed my policy & return my money
policy no.[protected]
name.mehmood ahmed
mobil.no.[protected]
please help me
closed my policy &return my money
please call me reply

They are big time frauds.. I surrendered my LIC similar policy after 3 years . It was done in a day and not a single paisa extra was charged as penalty... these people bajaj allianz are asking for 58%..some one should take them to court...number one frauds in thsi business..

Bajaj number one ka fraud hai.Never invest in BABAJ Group

I had puchased Bajaj alianze policy.
Once I tried to surrender, it asked for 48% of the first premium as PENALTY.
for partial withdrawel, no charges.

BAJAJ ALIANZE AGENTS ARE CHEATING THE PEOPLE BY HIDING THESE PROVISIONS AT THE TIME OF JOINING.

TO GET COMMISSION, THEY ARE VERY INTERESTING TO SERVE.
ONCE YOU JOINED, THEY WILL ESCAPE.
THEY ARE GETTING CUSTOMERS BY PERSONNAL ATTACHMENT, FREINDSHIP, RELATIONS ETC. BUT THEY ARE MISUSING/CHEATING THE CUSTOMERS.

BAJAJ Allianz company is making fool of people...I have been cheated too. what the hell happens to them to explain the surrender charges clearly at the policy selling time the way one explains above...THEY R BUNCH OF CROOKS...agents r setting the policies hiding all this and company too is very smart in encouraging such things...

I will always discourage people to purchase policies from this company...NO BODY BUY SUCH POLICIES IF HE COMES TO KNOW THAT HE HAS TO PAY SUCH A HUGE AMOUNT AS SURRENDER CHARGES EVEN AFTER 5-6 YEARS..

Yes. It is very true. hy IRDA does not take any action on such looting spree.

bajaj allianz life insurance-capital unit gain plan — not able to get the sum assured

Respected sir,
My policy no is [protected] i have paid 25,000 per year for three years from 2007 to 2009.The term for the withdrawl of the money was anytime after the period of three years.We had told the insurance agent that we would like to withdraw our money after 5 year period ,he had issued the policy for 50years instead of 5 years and when this mistake was reported they said it is not a problem and the amount could be withdrawn anytime after 3 years When we approached the concerned authorities to withdraw the money after 4 years a heafty penalty 52% (that is a sum of 13000) has been put.Even after 5 years the policy fund value remains 75000 inspite of high share value.
kindly guide me regarding the above.
Dr Pavithranand

I have a policy from Bajaj Allianz Named "Unit Gain Plus Gold".

Policy number - [protected]. commencement date - 27/06/08

Annual Premium payable - Rs 20, 000/-

I bought it from a cousin who as an agent and kept pestering me with it.He told me to pay the premium for 3 years and I could withdraw after that. So I paid my premium regularly for 3 years. I am a regular in the stock market and sort of an expert in the F&O segment but nothing could have prepared me for this shock

My 3 years were up on 27 June 2011 and sadly my fund total was a meagre 62297 on 29 june2011. This is because I chose ULIP as my invesment plan instead of directly buying a Mutual fund. There are several charges on these plans per year on percentage basis which reduces your fund value to a large extent. Ok I thought no problem lesson learnt. Never invest via ULIPs.

Even in a stupid bank saving A/c which gives 3.5% annual return I would have done better than what BAJAJ ALLINAZ has managed with my 60, 000 for 3 years during which CNX NIFTY went from 4400 in July 08 to 5600 in june 2011. Market did go up by almost 25% but my investment went up by 3 - 4 %. Guess who made a fortune while my investment bled and bled all those administration and allocation and whatnot charges... you're right Mr Rahul Bajaj ( since he is the promoter of Bajaj Group). Add up millions of these policies which they sell and you wont believe what they make in a year. Right to Information Act Anyone ???

So with bitter experience I went to collect my 62 thousand and some change from Bajaj Allianz after 27 June2011 and what was waiting for me was a Nuke bomb..no less. BAM _ BAM. After talking to some guy at the counter I was told that If I withdraw after three years I would be charged ..hold your breath (48.6%) of my annual premium which was 20, 000. That was roughly Rs 10, 000 from my fund value. Only If i held that 60, 000 for 10 years would they apply no surrender charges. What a bunch of thieves. From what I learnt about ULIPs who would want to hold that trash for 10 years. You want to add up all those fund charges for 10 years. It would come to around 20% of my entire fund. That with no guarantee of making any returns. Even If Nifty went back to 2800 they would happily deduct all those charges. They dont give a damn.

What do I feel like??... I feel like I bought something from Chor-Bazar and was duped completely. I feel that Bajaj Allianz trains its agents to not share all facts ( only what the customer should know) about a certain product. They knew that NO-One would buy this policy if they were told of these Surrender charges. On your face they will tell you that' You can withdraw money after 3 years' . No word about surrender charges. For that You'll have to dig deep into your Bond copy into section 35 g.

It can be simply called financial cheating or Fraud. White collar thieves who pounce on ignorant or too busy investors with sweet-talk. Stupid Apologetic smiles on their facesas they say " sir, kya kijiyega Bajaj Allianz mein yahi hota hai" ( I cant do anything..this is what goes in Bajaj Allianz). well I dont have any audio proof of that either.

BUT all hope is not lost... I went throught their entire Bond Copy ( blue file ) and on the second last page there are 23 Notes of importance at the end of which I signed along with their sales guy. Note 20 says that

" If First Three Years' regular premiums have been paid, there is NO SURRENDER CHARGE on surrender of policy from fourth policy year. If three years premuim have not been paid, then surrender charge would be 100% of the first years' Annualized allocated premium. "

Can anyone explain that to me like i am a 6 yr old. Sounds like I have a case here ( and so do you if you have sadly invested with Bajaj Allianz. Tommorow, Friday ( 1 july2011) is election here in Jamshedpur so on Monday 4july 2011, I will be headed towards Consumer court with my little piece of hope. Well Dont blame me... I hate Liars and Cheaters.

Yes I totally agree for the above complaint.In fact, if some body sees my complaint, I am also sailing in the same boat. I suggest to the viewers to come forward and complaint it to IRDA which I have already done. If as I read above complaint, /i understand the SEBI has banned it. Now IRDA should come forward and instruct M/S Bajaj Allianz Company to refund all the payments of subscribed premiums with market interest rate to Policy holders with immidiate effect.

I started policy in 2007.I paid premimum of 25000 p.a for two years but there is no escape out of this.How to surrender the policy???Bajaj Allianz ULIP insurance policy is worthless in totality .IRDA has to pitch in in such cases other wise the company will be in safer side by misguiding the people.Nobody should buy the policy even by mistake...Bajaj Allianz is cheating company which should perish immediately unless it acts on its fauly policies.
Year Surrender Penalty
Completion of three full policy year: 56%
4 54%
5 52%
6 49%
7 47%
8 44%
9 42%
10 39%
11 36%
12 32%
13 29%
14 25%
15 22%
16 18%
17 14%
18 9%
19 5%
20 0

Really Bajaj Allianz cheats the customer. I have taken policy as "Family Gain" from Bajaj Allianz. Now i want to surrender my policy after completion of three year. But they are asking charges as 25%. At the time of joining no one told me this. Also my fund value is around 19000 and I paid premium of 30000 so far. If I pay 25% surrender charges again then it will get 14000 in hand. So there is more than 50% loss in this policy. There is no use of calling customer care or registering complaint. This is my mistake that I Choose Bajaj Allianz. At this time i need money, but i wont get at least my invested amount properly.

Details of Family Gain policy after three years
Total premium paid - 30000
Fund value -19000
Surrender charges - 25%
Take home money - 14000

So don’t go for Bajaj Allianz or any policy from private company. I[censored] want policy then go for LIC where they will give u assured amount.

I agree with every bodies grievences againsy Bajaj, With such a large number of complaints aired on internet, why IRDA take a note of this and do some justice to customers. They have done a lot to make the policies pro customer friendly after hearing such comments and Insurance companies had come in the market with no such absurd clauses as in the policies under question, Now government should intervene or some body should put a judicial complaint in the court with necessary inputs.

PREMIUM PLUS POLICY — I WANTED TO PAY ONLY 3 YEARS PREMIUM INSTEAD OF 25 YEARS

MY RELATIVE WANTED TO HAVE ONLY A LIFE COVERAGE POLICY. SHE WANTED TO PAY ONLY 3 YEARS PREMIUM @RS.12500/- EVERY YEAR AND TOTAL FOR 3 YEARS. THE POLICY NO. IS [protected].THE LIFE ASSURED NAME : S. SUMATHI. POLICY STARTS FROM 16.08.2010. NOW I GOT A PHONE CALL AND TO PAY THE PREMIUM DUE AND SHE HAS TO PAY THE PREMIUM OF RS.10000/- EVERY YEAR FOR 25 YEARS. WHETHER IT IS POSSIBLE TO CHANGE THE PLAN AND TO PAY ONLY 3 YEARS IN TOTAL INSTEAD OF 25 YEARS.SHE IS NOT IN A POSITION TO PAY FOR 25 YEARS. PLEASE GIVE REPLY.

CELL: [protected]

BAJAJ ALLIANZ'S AGENTS GET HUGE COMMISSION FOR TRAPPING PEOPLE.
MY POLICY NO. [protected] IS CASE OF FRAUD BY THESE BUGGERS.
AFTER PAYING 1ST PREMIUM OF RS 30, 000 I CAME TO KNOW THAT THEY HAVE DEDUCTED 19000/-AS UPFRONT CHARGES!!!
I COMPLAINED BUT YOU ALL KNOW IT IS OF NO USE IF YOU HAVE ALREADY PAID MONEY.

I DID NOT PAY ANY OTHER PREMIUM TO THEM. MY 30, 000 RS WERE LIKE LOOTED BY BAJAJ ALLIANZ.
BLODDY FRAUDS...

Well I Have registered a case in the consumer court and am very hopeful to get justice. I encourage everybody to do the same. It just takes some paperwork and time. No Hassle. You dont even need a lawyer to start. Just go to the consumer court and they will direct you. Or better search online about documents required to file a complaint. and type them yourself

Be Fearless. Show these cheaters that its time for PAYBACK.

unit linked policy — surrendered amount was not transferred

I P.Ernagappa had ing life insurance policy no: 00558971 was surrendered on 08-12-11,i have contacted the inglife insurance anantapur branch they are giving arrogant and recklees information.so far the policy amount was not credited to my account .
thanking you
P.Ernagappa

Dear Friends, जागो ग्राहक जागो
Through mail 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)




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

I and my friend also invested in this company. I went to branch offices which are near to my city, they gave me different answers so I went to another office and now I am decided to sold the policy because I lost 40000/- in this by investing in Century Plus because it reduces our money upto 19% at the starting time and also 13% whenever we want to surrender. So I decided to never buy any policy from Bajaj Allianz Life Insurance.

beware of bajaj allianz

this policy was total worst case policy in india ...
please dont go for it ..

absuolutly 200% right...bajaj allianz is a big cheater cock ...and so their agents

are the bajaj allianz people `deaf and dump ? why not the crooks answering the complainant Rohit sablok 77 ?

im a lady doctor and these bajaj guys have cheated me.I have bought policy number [protected] under new unit gain plan in my name Dr Usha Gupta in 2006 and paid the nesxt three premiums on time of twenty thousand each. now when i want to withdraw and all i have in my policy is 22000 rupees.I dont know what kind of joke these guys are playing on senior citizens.I want to complain strictly against these guys and Kindly guide me how can i recover my lost money..

Agree. Bajaj is the worse. I too bought the Insurance plan for 15 years and paid 2 lakhs per year since 2009. Total of 4 lakhs. Now after 3 years if I surrender I will be losing 48000. Its fraud and Bajaj is bad.I bought this through my junk cousin whose bank had tie up with Bajaj. Do not go with Bajaj.

Instead of investing money in Bajaj we can donate the money to social services. I lost around Rs 20000 by investing in Bajaj

chor

I am poor and bajaj guys have cheated me.I have bought policy number xxxxxxx under unit gain plan in my name xxxin 2006 and paid the next three premiums on time of twenty thousand each. now when I want to withdraw they are asking me to pay 15% of money I dont know what kind of business are they doing.I want to complain strictly against these guys and Kindly guide me how can I with draw money..

biggest fraud company

all my friend please dont take any bajaj allianz policy

IRDA has regulatee these cheaters, and these frauds should be dragged to court.

Legally they cannot charge more than Rs. 6000.

http://www.irdaindia.org/notification/discontinued.PDF

You are saying true.
they are made for cheating the customer.

Hello, I had paid 5 years premiums of 50, 000/ each. and at the mid of 6th year, i tried to surrender the policy.
I got to know from the customer care that i will get 1, 98, 000/ only. Less than what i paid??
If i compare this with a FD or RD, i would have gained 75, 000/ extra.
50000 per year = 4500 interest. 5 years, investment=250, 000, Interest will be more than 4500*5=22, 500.

Since the Bajaj Allz executive gave a false information, i am in loss of 75000.
I also do not understand how the policy works with negative interest. Investment = 2, 50, 000. Returns after 5.5 years = 1, 98, 000/
How did government approve this kind of cheating??

Raghu,
[protected]
[protected]@gmail.com

Bajaj allainz people are crooks and cheats. Duping people and lying. Never ever buy any policies from them.

Bajaj allianz two wheeler insurance — wrong total insured value in ploicy

i had taken a two wheelar policy from babaj allianz general insurance for my pulsar. total insured value appearing in cover note is Rs 48,025 whereas in policy it is Rs45559. I called their office several times n talked to Mr AKHILESH and everytime he use to promise that policy with correct insured value will be deliverd to you 2 or 3 days. This continued for 4 or 5 times. At last he asked me to send a softcopy of invoice of bike(bill which gives the details abt price of the bike) to his e-mail id , which i did. but there was some problem with his id and copy didn't got delivered. then again i called up and he asked me to call up after 10mins and he will provide the right mail id. but he never picked my phone again.babaj allianz (to me) is not all customer oriented , there is no cust. service. really poor . in future you have to suffer for this

Hi Ravi,

Our customer service representative tried contacting you but were told you are travelling. Please fell free to contact us on the no's below:
Helpline Number
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in

Bajaj Allianz General insurance two wheeler — two wheeler policy bond not received

I P Mahesh renewed two wheeler insurance on 02.06.2010 but till date I have not received the Bond to the mailing address. My policy no is.OG[protected]. AND my contact No. is. [protected]. Please do the need full on top prority

This is P.Mahesh from Hyderabad. I have renewed by two wheeler insurance on 02.06.2010. but till date I have not received the bond to home. My policy No. is OG[protected]. My contact No is [protected]

Myself K.A.Pagrut, I have paid for Two wheeler Insurance policy on 4/9/2015 online, but Ihave not yet recieved the policy on mail... [protected]@gmail.com or [protected]@midcindia.org

Poliocy Id[protected]
Reciept no[protected]

As there is no contact information, please contact the nos below and we will be happy to help you.

Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected]
GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in

We hope your issue has been solved. Please contact us if you require any further assistance.