Bharti Axa — fake insurance policies in the name of bajaj & bharathi axa against interest-free loan

Myself aswin. I got a call from mr. Abhishek (Mobile: [protected]) regarding an insurance policy which states like "secured income plan". Abhishek told me that there are many advantages with the plan like "in case you need any urgency of money you can write a letter and convert the money assured as prior withdrawal money and you will be paying emis as per insurance premium with no additional charges. This policy is highly advantageous for young people and also who are in need of money. He used terms like interest free loan. Later i told him that this kind of loans are not legal, for which he convinced me that this is the new contract between bharathi axa and bajaj where bharathi axa will exchange the sum assured of insurance with bajaj as a client and on the basis of documents, bajaj will give the customer interest-free loan.

Somehow he convinced me. I took the policy on july 10th 2019. The policy number is[protected]. He made some process getting signature on a letter for loan disbursement, after which he told that gst amount of loan amount is missing from the calculation. He gave me a choice that gst shall be cutted from loan or are you willing to pay now through some other policy? I left no option but i took another policy with policy number:[protected]. After few days i have realized that this is bogus and asked him to cancel the policies within 30 days. He told me that this is in process and now he is not picking my calls. I request company to cancel my policies[protected] &[protected] and refund my money.

Now i am getting few more calls from miss purnima shukla (Mobile: +91 [protected]) that she is from gbic and she will help me with fraud of gbic. She told me that bharathi axa policies are long term and are inefficient. She will help me in transfer these policies to small term policies with low risk. Complaint no: baxli005276akc. I realized that she is not from gbic but third party insurance company. Attached her fake id card. Please be aware of such fraudulent calls from abhishek, abhijeet and purnima. All are frauds and are trying to loot people money.
+1 photos
Was this information helpful?
No (0)
Yes (0)
Bharti AXA customer support has been notified about the posted complaint.
Verified Support
Jun 15, 2020
Bharti AXA Customer Care's response
Dear Aswin, thank you for sharing the details. We note that your case belongs to Life Insurance. We have shared your concerns with the Life Insurance team, who will assist you further.
Jul 06, 2020
Updated by ash9215
I have requested many times to Life Insurance team to assist, but they never reply. Such a worst company having this kind of fake policies.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Bharti AXA
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    60%
    Complaints
    877
    Pending
    0
    Resolved
    517
    Bharti AXA Phone
    +91 80 4901 0200
    Bharti AXA Address
    1st Floor, The Ferns Icon, Survey No. 28, Doddanekundi, Bangalore, Karnataka, India - 560037
    View all Bharti AXA contact information