[Resolved]  HDFC Bank — 20 lac loan not received against hdfc life classicassure plus policy

Address:	Mumbai City, Maharashtra, 400011
Website:	www.hdfclife.com

I got call from [protected] (Jaishree yadav). This lady introduce herself from hdfc insurance/loan dept. She told me about interest free loan against hdfc life insurance policy.

She told me that i have to take a hdfc life insurance policy of 20 lac (Policy term -15 years & premium term -10 years) that means just i have to pay
2 lac rupees per year as a policy premium for 10 years and they will provide me a loan of 20 lacs at 0% interest (Loan against policy) within 20~25 days from the date of insurance policy issued.

I asked them in this case what is your (Hdfc) benefit then she replied that all the policy benefit after maturity will be goes to hdfc and that will be their benefit. You will get the loan amount only for 10 years.


I said, plan is good. But how do i faith on you, then she replied that initially you will issue a one lac rupees cheque to the favor of "hdfc life insurance company ltd".

Then we will do your 1 lac rupees insurance policy for 10 years and apply
20 lac rupees loan against this policy. As soon as the loan amount will be credited in my account than they will convert this 1 lac rupees paid premium into a half yearly premium of 2 lacs rupees policy.

When i asked how much time it will take to credit the 20 lacs amount in my account then she replied maximum 20~ 25 days from the policy issued date.

I was fully convinced by them and i have done one lac transaction.

Now they have provided me "hdfc life classicassure plus policy" of 10 lac rupees issued on 24th nov 2017, for which i have to pay 1 lac rupees per year to run this policy.

Now more than two months passed and that lady (Jaishree yadav) is just procrastinate things.

I need that loan amount of 20 lacs in my bank account as soon as possible.
Kindly do the needful. Thanks...!

Other required information as below:

Citi bank cheque no. 513801, dated 17-nov 17 (1 lac paid to hdfc life)

My hdfc life classicassure plus policy no. 19807688

Other team members of that lady jaishree yadav are:

Amit co. No. [protected]
Umesh : [protected] (Calling from this land line one way only)

Regards!
Shiv