| Address: | Mumbai Suburban, Maharashtra |
I (ANANDAKRISHNAN ) a policy holder of CAPITAL UNIT GAIN SIZE ONE , bearing no: [protected] of the above mentioned company. I have paid all my premiums (Rs 10,000 x3 years) from 2006 to 2008.Now when i made an inquiry with the companys personal care executive, I came to know that the present value of the product is merely Rs 29,000 ,which is Rs 1000 less than what i paid ( even after five years ) and further I came to know that I also have to pay an amount of Rs 6000 as surrender charges, which is ridiculous. Even a govt. run firms like post offices offers 7 to 8 % of interest on recurring deposits. It is very ridiculous to have Rs 29000 for investing Rs 30000 for five years and even paying Rs 6000 as surrender charges. The SENSEX of BSE is at 20 K much much higher than that of 2008.Therefore this is nothing but a clear cut case of cheating and looting the ordinary public( customers) by a MNC. There is no justification for charging such a huge amount of Rs 6000 as surrender charge for a product which is having a value of Rs 29000. i suggest all Indian citizens to beware of such blood sucking companies and be alert .
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Bajajallianz Life Insurance Company Ltd — SALARY PROBLEM
THIS IS SAGARENDRA MOHANTY FROM ORISSA COMPLATION AGAINST BAJAJALLIANZ LIFE INSURANCE COMPANY LTD THAT I HAD NOT RECIVE MY SALARY FROM MY DATE OF JOINING DT-14.08.2008 TO TILL WHEN I ASK ABOUT MY SALARY THEY TOLD ME THAT U R TERMINATED FRO THE MONTH OF JANUARY OK BUT WHERE IS MY SALARY FOR 6 MONTHS .WHAT CAN I DO.HELP ME