[Resolved] Kotak Life Insurance — Masses taken for the ride- IRDA should intervene | |||
This has a reference to the large numbers of complaints in respect to the insurance policy taken from Kotak Life Insurance. I have a feeling that IRDA/RBI or some similar agency should look into the complaints and appropriate punitive action should be taken against Kotak. They are committing a day light robbery and regulatory agencies are silent spectator. Individually consumer will not get the redressal of their grievances. All such consumer should get together and take appropriate legal action. Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 2 Comments | |||
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Contact Information
Jodhpur
Rajasthan
India
Rajasthan
India
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CHITS — TAKEN FOR A RIDE
REF: LT009TAH-45dear all
i had 8 chits with maragadarsi 7 completed with no default till date over 6 yrs with them . i took the 8th chit with the clear aim that i need money in march and i asked for the claim of prize money in jan and they confirmed it verbally to me on phone , they then dragged it till april end citing no manpower no money etc gave to somebody else and mine is on request basis only 100 reasons a new one every time , then finally they did the verification in may end and promised me the money by june 15 till july they dragged it and said that they need one more surety . then out of the blue they returned the verified papers saying they cannot give me now .
how do i get my money back they are not responding to complaints they are not responding to mail .
cpn