[Resolved]  ICICI Pru Life / Ulip Policy — CHEATING PUBLIC

Address:

Tamil Nadu

My husband Invested in ICICI prulife policy by compulsion by the ICICI staff. They came to our house talked in sweet words and told they will get good returns better than FD rate. He has invested Rs.50,000/- by believing their words. But in the next year when second installment came when I asked them that the present value is only rs.46,000/. They told they have deducted for their maintenance,insurance & other charges.When we invested at that time market NIFTY was 4850. Now the NIFTY to-day is around 5,7000 an increase of 850 points. Also note that my husband invested in other Mutual,gold mutual and funds. Now he is getting minimum 15% return. In shares also that too in ICICI share where he has purchased for 800 and to-days rate is 1050 a return of 30%. Even after deduction of 4,000 by ICICI for balance 46,000 if you take 15% return as per market movement to-day he should get 6,900 and if you add 46,000 my value should be 52,900/. Even if you take 10% total amount of return will be Rs.50,600. When they asked so many times over phone we told the reality of the return what we are getting they are unable to answer it. Simply they are telling you invest further you will get more returns after 5 years but they are unable to give any guarantee for the returns.IN TV SHOWS LOT OF COMPLAINTS ARE COMING FROM POOR PEOPLE WHO HAVE INVESTED THEIR HARD EARNED MONEY THEY ARE TELLING EVEN AFTER 5 YEARS THEY ARE NOT EVEN GETTING THEIR CAPITAL AMOUNT.
THIS SHOWS IT IS A DAY LIGHT CHEATING LOOTING BY ICICI,HDFC,SBI ULIP POLICIES. PEOPLE ARE ADVISED THEY SHOULD BE VERY CAREFUL WHILE INVESTING IN THESE SCHEMES NOT NOT CHEATED BY THEM. YOU ARE GOING TO LOOSE YOUR HARD EARNED MONEY IF YOU ARE NOT SUFFERER'S VIEWS.
ICICI, HDFC, SBI AND OTHER ULIP POLICIES ARE MEANT FOR CHEATING, LOOTING EVEN ROBBERY CATAGORIES.