[Resolved]  Bajaj Allianz — Policy No[protected]

Address:	Pune, Maharashtra
Website:	bajajallianzlife

I am having the above policy sinceJuly 2007 and invested Rs80000/ over 4years. Since the fund did not perform I stopped contribution and sought for refund now
I received totally Rs105591 which did not work out SB interest in banks.To maka record straight the a/c stmt showed Rs 29369 as on 18/7/2015.Now when I wanted refund after a year, I received only Rs18591 after deducting 6859 as penalty. And I lost nearly 10000/ in a year for keeping in the fund. Probably Bajaj pays hefty salary to Fund Managers who do not perform and suck the blood of investors.
While other MFs Perform why Bajaj is not? Unless Govt takes some action the investors will be taken for a ride.
I want the fund to refund the penalty of Rs 6859

P.Chandra/R.parthasarathy