[Resolved]  Bajaj Allianz — bajaj allianz sarva shakti suraksha

Address:Central Delhi, Delhi

I had purchased this policy in April 2011. The premium amount of Rs 1500/- of which was getting deducted from my CITIBANK salaried account on monthly basis.
In March 2012, the premium was not deducted, when I tried to contact the Bajaj Allianz person who sold me the policy, I didn't received any response from them. And now I got Cancellation Refund amount. I have never requested Bajaj Allianz to cancel my policy neither verbally on phone nor through a written application.
Also I have paid premium for 11 months (Rs 27000/-) and I got a cancellation refund amount of Rs 15000/-. Where is the rest of the money that I have paid?
Since I had not requested for cancellation, it came from their end, So how could they deduct 40% of the total premium paid amount?
On trying to call the Bajaj Allianz agent, I am getting no response.

It was a huge mistake on my part that I trusted this fraud company Bajaj Allianz, even though my friends asked me not to invest in it.
Even the premium certificate appears to be fake.

Kindly advice how can I get my full refund amount.



Regards,
Alok Agrawal
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Even I got the same kind of issue this is the nexus between bajaj allianz and citi bank.

These two companies making innocent people fool.

These are jerks and Scoundiles.
Pls. guys these companies making us fool.pls. dont invest in these private companies.
Thses two companies are making people fool. Bajaj allianz is surging in our pockets while other companies are offering very good policies.
Pls. guys these companies making us fool.pls. dont invest in these private companies.

Thses two companies are making people fool. Bajaj allianz is surging in our pockets while other companies are offering very good policies.

Even I got the same kind of issue this is the nexus between bajaj allianz and citi bank.

These are jerks and Scoundiles.

bajaj allianz sarva shakti suraksha — bajaj allianz sarva shakti suraksha is fraud

Bajaj Allianz Sarva Shakti Suraksha

Master Policy Holder CITI BANK

When I opened a suvidha account in Citi Bank their agents told me that they have a ULIP type of scheme but instead of locking period of 5 years this one has a locking period of just 1 year. Your money will grow and you can withdraw after 1 year without any penalty.

I had purchased this policy in June2011. The premium amount of Rs 1500/- of which was getting deducted from my CITIBANK salaried account on monthly basis.

In March 2012, the premium was not deducted, when I tried to contact the Bajaj Allianz person who sold me the policy, I didn’t received any response from them. And now I got Cancellation Refund amount. I have never requested Bajaj Allianz to cancel my policy neither verbally on phone nor through a written application.

Also I have paid premium for 19months (Rs 28500/-) and I got a cancellation refund amount of Rs 15000/-. Where is the rest of the money that I have paid?

Since I had not requested for cancellation, it came from their end, So how could they deduct 40% of the total premium paid amount?

On trying to call the Bajaj Allianz agent, I am getting no response.

I agree and subcribed. I kep asking them for the policy document which till date even after 2 years I haven't received.

Then through other sources I came to know about this fraud with other consumers as well.
They will deduct as high as 40 % of the premium.

It was a huge mistake on my part that I trusted this fraud company Bajaj Allianz, even though my friends asked me not to invest in it.
Even the premium certificate appears to be fake.

Kindly advice how can I get my full refund amount.

I am left all stranded and cheated in this nexus!!

I am going to raise a complaint against it in Cosumer court by hiring a lawyer.

Regards,
Alok Agrawal
+91-[protected]
We are all listed in fool category. Now dont know what to do, I left strended by these 2 companies bajaj allianz and citi bank.This is the good way pf making innocent people fool and earning money.
Thnaks Prashant.

if you can help me out in this matter then help because they are deducting almost 40% money in 2 years on pricipal.

My contact detail are given below.

[protected]
Hey guys, If you are investing in bajaj allianz then think

as many times as you can because you are going to give your

money to thieves or robbers. Once they will get money then

you have to follow up with them you will get no response

even Cutomer care numbers seems just number for

entertainment. To get your money back you have to call them

as many time as they are going to borrow with some one

else.So please be careful all the agents of bajaj allianz

are thieves or pimp once they will get their hush money then

they will forget you.
Hi guys In bajaj allianz you will get training how to make

innocent people fool, and how to suck their money and leave

people stranded. these are the policies of bajaj allainz and

their aim how to come in list of billionaire by sucking the

money of poors and innocent people.
Beware of the false promises of Bajaj Allianz General Insurance company. They approach you with all the false promises for your motor/vehicle insurance, after collecting the money from you they deliver half of what they have promised you. They approach you with a low quotation at the beginning to woo you. Later they will find different reasons to collect money sighting various reasons
Beware of the false promises of Bajaj Allianz General Insurance company. They approach you with all the false promises for your motor/vehicle insurance, after collecting the money from you they deliver half of what they have promised you. They approach you with a low quotation at the beginning to woo you. Later they will find different reasons to collect money sighting various reasons
Last 1 month i am getting mails only and no response or resolution. why should i post online if you provide good service, you guys only post comments to show innocent public, how soon you response to your customer but i am getting only fake promises and false commitments only, people will invest in your company and at the time of need he will fight with you.
Last 1 month i am getting mails only and no response or resolution. why should i post online if you provide good service, you guys only post comments to show innocent public, how soon you response to your customer but i am getting only fake promises and false commitments only, people will invest in your company and at the time of need he will fight with you.
Dear Alok,

We sincerely regret the disappointment faced by you. We would be happy to thoroughly investigate your case and address your grievance. Please write to us with your policy number at help.[protected]@bajajallianz.co.in and we will get in touch with you. Also, do remember to mention the reference no. “ORM240113″ in your email.

Sincerely,
Bajaj Allianz Life Insurance

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Bajaj Allianz
    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
    78%
    Complaints
    2209
    Pending
    0
    Resolved
    1674
    Bajaj Allianz Phone
    +91 20 3030 5858 [Customer Care]
    Bajaj Allianz Address
    GE Plaza, Airport Road, Yerawada, Pune, Maharashtra, India - 411 006
    View all Bajaj Allianz contact information