Exide Life Insurance — non refund of security money

I, Sandeep Kumar am a policy holder of Exide Life Insurance Co. My Policy Number is 2850188. A call received from a employee Mr Sumit Ahuja (Mob No-[protected]) that you have a bonus of Rs 18, 000/-agaist your policy and agent has applied for cancellation. If you want your bonus you have to deposit security money of Rs 12, 500/- which will be refundable for cancellation of agent code from your policy. Then a second employee Mr Suresh Kumar Negi (Mob No-[protected]) has given a CA account number (A/C No-[protected] IFSC-SBIN0013409, A/C Holder Name- Ram Bharose) for depositing of security money. I have deposited Rs 12, 500/- on that account on 10/03/18. After that Mr Negi informed me that you will be agent of my company and for this you have to deposit Rs 27, 000/- (refundable with your bonus) to select a plan. On 11/04/18 I have deposited 27, 000/- on same account. On 12/04/18 Mr Negi informed me that your total fund became Rs 1, 27, 422/- and could not be transferred due to you are not paid your GST 18% tax and also told me that pay 18% of total fund to get your fund. Then on 13/04/18 I have deposited Rs 35, 680/- on same account as GST. On 20/04/18 an employee Mr Raj Shekhar (Mob No-[protected]) informed me that your fund is pending due to want of security money Rs 37, 000/- (Refundable). Then I deposited Rs 37, 000/- on same account. On 23/04/18 Mr Raj Shekhar informed me that you have to deposit Rs 31, 000/-(as security Money refundable ) on same account to get your fund amounting Rs 2, 02, 499/-. Now I am unable to deposit this amount.

I have deposited total (12500+27000+35600+37000) Rs 1, 12, 100/- to that account and not get any refund till date.

Therefore, you are requested to intervene the matter to get my security money back.

Thanking you,

Sandeep Kumar
Mob No- [protected]
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I am an adviser my code 60379502 I am not received commission from Exide Life Insurance for an premium renewal commission sir.

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