[Resolved]  MetLife — METLIFE FRAUD

Address:Hyderabad, Andhra Pradesh

METLIFE BIGGEST FRAUD OF INDIA
I HAVE BEEN DECEITED BY AXIS BANK AND METLIFE.OBVIOUSLY METLIFE MIGHT HAVE MADE SOME OFFER TO DRIVE THE COSTUMER IN TO THE DEEP PIT DUG OUT FOR THE COSTUMER BY CHEATING,BECAUSE NO ONE CAN ADMIT THE TERMS AND CONDITIONS OF METLIFE.I CHALLANGE IF METLIFE INTRODUCE SCHEME KEEPING PROMISE THAT ONE PAYS RS 27000 DURING THE PERIOD OF 3 YEARS THE METLIFE WOULD PAY SURRENDER VALUE RS 5700 TO THE COSTUMER AFTER 3 YEARS.I HAVE BEEN TARGETED BY METLIFE,WHEN I APPLIED FOR PERSONAL LOAN TO AXIS BANK,THE AXIS BANK SUDDENLY IMPOSED CONDITION TO BECOME A MEMBER OF METLIFE,THE LOAN WILL NOT BE SANCTIONED IN CASE OF NOT GIVING OPTION FOR MEMBERSHIP OF METLIFE.I WAS EMBARASSED AND ASKED THE FIELD OFFICER TO EXPLAIN ME ABOUT THE RELATION BETWEEN AXIS BANK AND METLIFE WHY HE DIDNT ALERT ME BEFORE PROCESSING THE LOAN I TOLD HIM THAT I AM RETIRING WITHIN 3 YEARS I CANNOT THINK OF METLIFE POLICY FOR 18 YEARS THE AXIS BANK OFFICIAL HAS CHEATED ME.I THEN ASKED TO ACERTAIN THE POLICY SURRENDERING PERIOD.THE OFFICER CONTACTED METLIFE AND ACKNOWLADGED THAT A COSTUMER CAN SURRENDER POLICY AFTER 3 YEARS AND WILL BE PAID RS 35000 AS SURRENDER VALUE AFTER GETTING THIS CONFIRMATION I UNWILLINGLY BECAME METLIFE MEMBER.TODAY AFTER 3 YEARS WHEN I SURRENDER MY POLICY THESE FRAUDS ARE TELLING THAT I CAN GET ONLY 5700 BUT NOT 35000 AND ROBBED MY 29000 RS PLEASE ALL THE READERS NEVER BECOME THE MEMBER OF METLIFE YOU WILL LOOSE LAKHS OF RUPEES
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Aug 13, 2020
Complaint marked as Resolved 
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I am a Swami of Sivananda Ashram in Rishikesh. Axis bank officer from Rishikesh branch pressured me to take MetLife, saying it was not insurance policy but investment and i would get good dividend after 6 years. I clearly stated i did not want any insurance as being a Swami i have not dependents, wife, children, etc. The officer, Kavita, said it's not insurance but investment. I trusted her. She said the papers were taking time to draw up, so i couldn't yet see everything. Finally, thinking the bank would want it's customers to prosper, i trusted and signed. Now they taken out two amounts of rs. 49, 000, and i cannot cancel the policy until third payment of rs. 49, 000. Then i only get half of that total, rs. 74, 000. I never wanted any insurance. The beneficiary on the policy is my own Ashram, and i am the only one living there. Axis Bank and MetLife are doing big fraud together. Swami Bodhichitananda, Rishikesh

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    HYDERABAD
    Andhra Pradesh
    India
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