[Resolved] HDFC Bank Standard Life Insurace — BIGGEST DAYLIGHT ROBBERY IS UNIT LINKED YOUNG STAR PLUS-PLEASE DO NOT GET CAUGHT,IM ALREADY BEEN.
i had taken a hdfc unitlinked youngstar plus II, on[protected], through rekha .a, business managerand murali jayakumar code no:00175452, for 8 lacs, premium payable 25000 yearly.they both told me that first year 40%, i.e.rs.10000, would be invested in your portfolio, and 15000 would be retained by hdfc for all expenses for the policy thru the coming years, and second year 935, and 3rdf year onwards 98%would be allocated, but on checking the monthly statements, i have noticed that you are reducing the units allocated to me on a month-to -month basis towards charges and what not.i have made it very clear that in addition to 60% of the premium that you have taken towards allocation of expenses, what else do you want the policy holder to give, sell his blood and fulfill the requirements of highpaid hdfc employees, which they have both cheated on me and availed the policy no"11724759, n.vijaykumar.without disclosing the hidden and fictious charges being charged by your people, sayig allocation charges, im not saying that unit rate has fallen and so fund value is reduced, but im trying to say that why are reducing the number o[censored]nits allocated to me.for a meagre amount of 10000, i.e.(25000 less 15000 charges already taken by you ), if you can do justice, pleasedo the needful, i have also certified copies of rekha.a. your business manager giving to me in writing a letter stating that no additonal deductions would be made, and signed by her and issued to me at the time of availing the policy.also a letter signed by her showing the growth at 11%, which she has promised.is'nt this daylight robbery.are yostill going to keepsuch people employed in your business organization, high time i think to publish her letter in leading business dailies of chennai.i remain eagerly for a favourable reply.
reminders and what not, ive sent to hdfc, but to tell you they are lathargic, and barbaric.PLEASE ADVICE ALL NOT TO FALL PREY TO THIS TYPE OF POLICIES BY HDFC, IVE LOST 25000.ITS GONE.ATLEAST THE FUTURE FOR OUR CHILDREN SHOULD BE SAFE NOT BY GIVING POLICIES TO THESE TYPE OF FALSE PRESENTATION MADE BY HDFC.GOD SAVE HDFC.
N., VIJAY KUMAR
Complaint marked as Resolved Aug 14, 2020
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