[Resolved]  Kotak Life Insurance — misuse of cheque given for a term plan

Address:Patiala, Punjab

Please find below the mails sent by me kotak life insurance and reply received from them since May 2012 but no concreate action has been taken till date
From: SHAM KALRA <[protected]@sify.com>
To: kli.[protected]@kotak.com
Cc: [protected]@kotak.com
Date: Mon, 23 Jul 2012 12:01:25 +0530
Subject: Re: Your Kotak Life policy has lapsed
Thank you very much for sending me intimation for lapsing my policy 02302749. I wish to inform you that I had paid the insurance renewal premium cheque for the above policy vide cheque no.23 dt 07/05/2012 fvg Kotak Life insurance old mutual fund for Rs13888/- from my account at Kotak Bank Rajpura Branch . The cheque was debited to my account on 15/05/2012. After some days I was told that is a a difference of Rs259/- due to increase in service Tax . I sent the cheque for Rs259/- to
Mr Vikas Jain of your KLI Patiala Branch and he assured me that Rs13888/- is lying in suspense and after adding Rs259/- My account will be regularized, So I thought that matter will be almost settled know.

But to my surprise I came to know That your Agent NETAMBIT from YamunaNagar Branch has got issued a new policy number[protected]Next premium due date in Nov 2012)in my name and all other particulars of nominee, DOB ,address mobile number are wrongly registered in my new policy and I have never signed any new form and never requested for a new policy in my name. What is happening in your bank and life insurance ? If something wrong would have happened to me Who was responsible for this . Is this the right method of receiving huge commission on new policy by your agents and and almost 2 months have lapsed and I am still to receive my premium back for which I have requested. so many times over phone on toll free number
You are requested to kindly return my premium along with interest and so that I may be able to continue my policy with some other Bank or agency .

Sham Kalra

[protected]



[protected] Forwarded message[protected]
From: <[protected]@kotak.com>
Date: Fri, Aug 3, 2012 at 7:37 AM
Subject: RE: [SR#:1-[protected]] Fwd: policy no.02549482
To: [protected]@sify.com


Dear Mr. Kalra,

We understand your concern and regret the inconvenience caused to you.

We have registered your complaint with the centralised team vide number
KLI[protected].

You shall be initimated the status of the same within 15 days.

For any assistance, you may write to us at [protected]@kotak.com or
you can call us on[protected]Toll-free), from 8 am - 10 pm (Monday to
Saturday)******

** **

It will be our pleasure to serve you, protect you and be with you......
Assuring you of our best services at all times.****

** **

Warm Regards,****

*****Priya Patrao*** | ******Client Service Desk****| Kotak Mahindra Old
Mutual Life Insurance ****

Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway,
Goregaon Mulund Link Road, Malad East, Mumbai 400097|****

[protected] Toll Free) |(+[protected] Fax) |
[protected]@kotak.com (Email)****

** **
Dear Mr. Kalra,

Thank you for your kind co-operation and patience.



With reference to your query, we request you to revert with your bank statement reflecting the clearance of the cheque issued towards the renewal premium of 18/05/2012.



For any assistance, you may write to us at [protected]@kotak.com or you can call us on[protected]Toll-free), from 8 am - 10 pm (Monday to Saturday)



It will be our pleasure to serve you, protect you and be with you...... Assuring you of our best services at all times.



Warm Regards,

Priya Patrao | Client Service Desk| Kotak Mahindra Old Mutual Life Insurance

Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway, Goregaon Mulund Link Road, Malad East, Mumbai 400097|

[protected] Toll Free) |(+9122)
From: <[protected]@kotak.com>
Date: Tue, Sep 4, 2012 at 3:57 PM
Subject: Re: [SR#:1-[protected]] Fwd: policy no.02549482
To: [protected]@sify.com


Dear Mr. Kalra,****

We regret the delay in our response and assure you of timely response in
future.****

We wish to mention that we are investigating your case with the concerned
department. ****

We would request you to please provide us with some more time, to get this
issue resolved.****

For any assistance, you may write to us at [protected]@kotak.com or
you can call us on[protected]Toll-free), from 8 am - 10 pm (Monday to
Saturday)****

** **

It will be our pleasure to serve you, protect you and be with you......
Assuring you of our best services at all times.****

** **

Warm Regards,****

*Priya Patrao*** | ****Client Service Desk****| Kotak Mahindra Old Mutual
Life Insurance ****

Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway,
Goregaon Mulund Link Road, Malad East, Mumbai 400097|****

[protected] Toll Free) |(+[protected] Fax) |
[protected]@kotak.com (Email)****

** **

Please click on the below link and let us know your feedback by just
answering one simple question.****

https://www.surveymonkey.com/s/My_Voice ****

** **

** **

From: [protected]@sify.com****

** **

Please refer to the below mentioned correspondence with you regarding
policy 02549482. I have not heard anything from you as more than 8 working
days have lapsed. Please look into the matter and refund me the amount
along with interest as I have to suffer due to fraudulent transaction of
your agent

Thanks

Sham Kalra

[protected] ****

On Thu, Aug 23, 2012 at 1:16 PM, <[protected]@kotak.com> wrote:****

Dear Mr. Kalra,****

****

We regret the delay in our response.****

****

We have forwarded your complaint to the centralized team and they shall
revert to you within 6 working days.****

****
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Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Dear Mr. Kalra,

We truly regret the inconvenience you have experienced.

Reference to your blog complaint, we regret to inform you that we are not in receipt of your premium due since 18/05/2012

If the same has been deducted from your bank account, we request you to kindly send us a copy of the bank statement to trace the same.

You can send a scanned copy of the bank statement on [protected]@kotak.com and we will be glad to assist you post receipt of the same.

Regards,

Kotak Support Team

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    Rajpura
    Punjab
    India
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