Bajaj Finance — loan from bajaj finance against insurance policy of bharti axa fraud | |
I received a call from an executive of bajaj finance to ask if i was interested for a 0% interest loan from bajaj finance. When i asked for more details she transferred me to her senior anamika tiwari, who explained the plan. To avail the loan i would have to apply for an insurance policy by bharti axa. I would have to mortgage my policy to avail the loan. Since bajaj finance is giving 0% rate of interest for 10 years it will recover the interest from the profits made on the policy after 10 years. Initially i would have to pay 6 months emi in advance to avail the policy post which my cibil verification for the loan will be processed. The lady seemed to be very convincing and had an answer for all my questions. This is a big scam and the group is using the names of the big companies. 1. They ask for an emi in advance 2. Loan verfication is done only after the policy is issued 3. Loan will be issued after 15 days of submitting the policy as mortgage 4. Agent will come to collect all the documents. The truth 1. For any insurance policy to be issued it takes minimum 7 - 10 days. The free look period is for 15 days. 2. Insurance policies can be mortgaged with banks. It is known as assignment however the banks issue loan against the surrender value. That is the money they can recover incase the borrower fails to pay the emis when he is alive. I am sharing the contact details of the criminal group. Executive called from [protected] Anamika tiwari called from pune shivajinagar bajaj finance ho from [protected] This is an ernest request to @bajaj finance and @bhati axa to look into the matter and take action against these scrupulous crimes. Your name and reputation is at stake. Also kindly have regular warnings flashed on your various digital media sites to be aware of such misdoings by criminal groups. Was this information helpful? | |
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