[Resolved]  ICICI Prudential — Thefting Investor's money in the form of terms and conditions

Address:

Tamil Nadu

I have invested in ICICI Prudential's Smartkids policy(Policy no.[protected] thinking that if will be helpful for my son's future education expenses etc. I have invested Rs15,000 per year in 2010 and 2011. Accidently i checked the fund value in 2012 and found that the value decreased to 23,000 which made me frightened that in future my son will not get any thing if the things are going like this. I decided to withdraw from policy and approached ICICI prudential. while withdrawing only they are telling that only 30% of fund value will be returned. On 28th July 2013, I visited ICICI prudential office in Coimbatore and applied for surrendering the policy. they said that I will get Rs 7,200 and i agreed for that. But they have credited on ly Rs5519 in my bank account. Already they have stolen my 16,000/- in the form of terms and condition and agreed to return only 30%. AGain they stripped 1500 from me. A pucca white collared professional theft company.