[Resolved]  HDFC Bank Standard Life Insurance Company Limited — MISLEADING BIZ PRACTICE RESORTED BY HDFC SALES OFFICERS

I like to reteriate that inspite of being a privileged customer of HDFC Bank- New Alipore, Kolkata and a senior citizen - I have been misguided by HDFC Rep - who was instructed to invest my allocated savings fund in an one time depositary scheme of 1 lac each.

Incidentally, HDFC irraneously deposited the funds under policies no.10721511 & 10721512 without briefing/ consent. Due to my limited knowledge, I had deemed that these policies were Single Premium - hence no further actions were taken by me.

Upon learning that annual premiums of 1 lac each has to be paid inorder to keep these investment alive, i had complained to the Branch officials but they turned deaf ears to this issue.