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Exide Life Insurance Complaints & Reviews

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Last updated Mar 13, 2024
Complaints 218
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Exide Life Insurance Phone Numbers

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1800 419 8228
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+91 80 4134 5444
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Exide Life Insurance Head Office Address

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Bangalore
Bangalore District
Karnataka
India
560001

Exide Life Insurance reviews & complaints page 6

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J
Jagadeesh78
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ecs issue

Address:560033

From last sep, i am facing issues with the ecs transaction. Umpteen no. Of times, i have visited exide office and paid the premium with interest with no fault of mine. I have 10 times more of balance in my account and everytime i get a message that ecs is not cleared due to insufficient funds. My credibility is lost here.

Inspite of paying with interest, i get a call that i have not paid my premiums from last october and my...
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S
SHUBH 's dream wold
from Jodhpur, Rajasthan
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taken money for the name of security

I have a policy no[protected] name - sandeep kumar in your company. One of the following employee called me and told me that a bunous amount rs 204299/- has pending against your policy. For this you have to submit security money rs 114000/- on a ca account (Ram bharose) then your bonus will be transferred to your account. But after depositing the security money rs 114000/- my bonus are not paid to me till date. The name of your employeesbr...
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Rajesh Chittimalla
from Bengaluru, Karnataka
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

exide life insurance cancellation of policies, 20% refund?

Address:500090
Website:www.exidelife.in

Hi, i am a policy holder with exide life insurance company since year 2010 and it's "survival benefit payouts". My yearly premium is around rs. 50000 which is paid, and i've paid around 2, 50, 000/- when i inquired about the procedure to surrender my policy, they said that it's only 20% of my premium paid amount.in simple words, i'll be losing 80% of my premiums paid. I don't know on what basis, exide life insurance can take 80% of my money...
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S
Shrey Chohan
from Delhi, Delhi
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

fraud and fake policy agents

Address:110019

Policy Number 03690545
20
Shrey Chohan
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Dear Devika,

Please take care of this case, as Exide is not ready to resolve the issue and have accepted about their agents who are making fraud calls. I would like you to take over this case.

Regards

Shrey Chohan

President, Rhythm of...
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D
Dhirendra nath jha
from Hosur, Tamil Nadu
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benefits and promised not provide as promised.

Address:560068

Dear sir on telephonic discussion mr. Rajiv mishra introducing himself sr. A. R. M. Excide delhi mobile no :[[protected]] given policy of exide of rs 30000 (Policy no.[protected] and told the benefit that company will give case back of 20% of total premium paid due to online payment rs. 750 for pension and but when i demanded about benefit still not given also another policy given rs 50000 (Policy no.[protected] as a single time investment after...
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J
jayprakash_agra
from Dehra Dun, Uttarakhand
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

clarification on blacklisting of agent agency

Address:Agra, Uttar Pradesh, 282001

Dear concern,

I have an agency with exide life insurance since 20th sep 2008 but i have came to know in past few days that they have black listed my my agency. I need your help to understand that why they have done so without ant prior intimation or information. They have not given any reason that why they have black listed my agency.

My agency code is 60120494
License no - 4592670
Mobile no -...
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Website:www.exidelife.in

Dear sir/madam

I had transferred my lifetime of pensions from nhs uk few years ago, under the qrops scheme to exide life golden years policy [removed]. Ever since the transfer, i have struggled to access the account. The login portal provides very rudimentary details and i am concerned that my asset value has not shown any growth in 3 years despite indian stock markets posting bumper returns in this period.

I...
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S
Sanjaywa
from Mumbai, Maharashtra
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i am complaining about the fraud and cheating committed by exide

Address:Ghaziabad, Uttar Pradesh, 201011

Dear concern

You are advised not to attempt any direct debit on the above mentioned policy including following policy nos.

03525168
03538046
03538098

All the above three policies were sold to me with certain commitments and i am shocked that none of these have been met till date. I am feeling cheated and dejected that your representative could fool me to extract my hard earned money...
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S
Suraj Nagekar
from Bengaluru, Karnataka
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02528739

Address:Uttara Kannada, Karnataka, 581317

Dear concern,

I am life insurance policy holder in your esteemed concern. My policy no. Is 02528739. I have paid second term premium in advance & also received the acknowledgement. But when i have gone through your website to download premium paid certificate it is showing only one (1st term) premium payment. When i enquired with your customer care representative he told me that it will affect only after due date. My concern...
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V
VivekMishra707
from Solapur, Maharashtra
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regarding policy surrender

I'm vivek mishra looking to surrender my policies .My policies no are 03337068 & 03337041 .
please let me how much money i will get back after the surrendering the policies.I also called the customer care representative of exide life they said you will get nothing or very less amount.
this is not fare, Its like fraud..
please resolve the issue or i will have to take legal action.

[protected]@gmail.com...
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U
utkalmetalwares
from Bhubaneshwar, Odisha
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cancellation of policy

Address:Khordha, Odisha, 751010

Dear sir,
I am sorry to inform you that i made one policy in favour of my son mr. Soumya kanti saha, but payment made through my company account i. E. Utkal metalwares on 23.01.2018. After repeated calling to your local agent mr. Soumya as well as your cuttack branch manager mr. Ashis rout regarding the issue of policy, they just giving nos. Of excuse which is not acceptable by me. Your branch manager also denying my sms which showing...
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R
Raja5668
from Chennai, Tamil Nadu
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I need to cancel my life insurance

Address:Chennai, Tamil Nadu, 600014

Hello sir,
My name is rajasekar i have to cancel my life insurance because my health condition so poor, i need opprate my eye's c3r operation so please cancel my insurance and return my money for medical purpose then only i can pay for hospital please help for my hospital bill.

Thank you

Policy number :[protected]

Amount :- 30, 000

Mobile number :- [protected]...
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Address:Nagpur, Maharashtra, 440034
Website:[email protected]

Myself nilesh narayanrao jadhav rm of fraud company exide life dm channel nagpur branch emp 75607 I have complaining again because no reply from company after given the proof i have again the given proof of my toifoid priscription and medical cirtificate of doctor under treatment. And hr mr achintya parmar told me sent doctors priscription about toifoid i will unlocked your system and credited your salary into the account but after sending...
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G
from Kolkata, West Bengal
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ref. no.: 310120182434459689

Address:New Delhi, Delhi, 110063
Website:payments.exidelife.in/new

Dear sir,
I have paid rs.100, 049/- through my sbi card no ending xxxx1105 at exide life insurance company on 27 jan 2018 at 12:50 pm on their portal https://payments.exidelife.in/new/.
After making payment on to exide insurance company i did not received any conformation for your end which was immediately intimated to the customer care number of exide life insurance company. I was asked by your customer care officer to write...
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Address:Nagpur, Maharashtra, 440034
Website:[email protected]

Myself nilesh narayanrao jadhav rm of exide life dm channel nagpur branch emp 75607 i was taken medical leave from 16th feb to 28th feb and before taken leave i have informed to my boss mr vishal sony and sending medical cirtificate to him and hr. But he removed from me company group and initiate absconding me without any informing me. And company issued me unauthorised absentusm letter but i have informed in proper way. Company locked my...
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P
priyankakandra
from Hyderabad, Telangana
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regarding money back

Address:Bangalore Urban, Karnataka

Since january 10-2018 we keep on struggling a lot for getting myt money back amount. No one in the customer care is responding. They wore not at working, they don't behave like a worthful employee and they are giving fake answers. Nearly "60, 000"rupies of my amount is strucked in it. From 50 days i keep on contacting customer care, they were giving wrong information. Its such a worst organisation and i don't ever dare to invest in it again...
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B
Banti86
from Kolkata, West Bengal
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return my 1st pay premium.

Address:Kolkata, West Bengal, 700114

I am not satisfied my received policy, therefor, I was already submitted my complaint letter my nearest branch Syambazar, Kolkata.I was completely fraded, because those time some money needed to grow my business and one person was said to me if I taken a Exide L.I. policy, then HDFC will pay a amount of Loan.After few days I know that's process r fraud. So kindly return my policy withdrawal or surrender value amount, I will glad with u.br...
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G
Garv Sharma
from Mumbai, Maharashtra
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selling policies by bribing loan

Address:New Delhi, Delhi, 110001
Website:EXIDELIFEINSURANCE.COM

Sir on august 2017 onwards i got a call from mr vikas gupta from bajaj finance
they are saying that bajaj is giving loan without any interest just you have to buy policy from them and the you have to pay the premium only bajaj will mortgage the policy and take the maturity value of the policy but u have to pay the first pre, i, u by your self i have paid 160000 one lac sixty thousand to them . and after that from exide life mr abhishek...
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D
dipeshah2864
from Ahmedabad, Gujarat
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policy taken wrongly by fraud

Address:Ahmedabad, Gujarat, 380013

my name is dipen shah from ahmedabad. Last in march 2017 i got a call from some frauds in name of hdfc bank for loan against policy so at that time i needed money so urgently that's why i do what they told to me i bought two policies from hdfc life as they told but then i realize that it was a fraud call so kindly make action on it

Policy details are as below :

Policy no : 03564633 & 03568446
br...
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M
Madhumesh R
from Bengaluru, Karnataka
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surrender value of my policy-03106481

Website:www.exidelife.in

Hi, I am a policy holder with Exide Life Insurance Company since year 2015 and it's "Guaranteed Income Insurance Plan". My quaterly Premium is around Rs. 31000 which is paid in more than 3 Years premium amount (Quaterly Basis). This is my 3rd year, When I inquired about the procedure to surrender my policy, they said that it's only 30% of my Premium Paid Amount i.e. around Rs. 26, 000. In simple words, I'll be losing 70% of my Premiums Paid....
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