HDFC Bank Life Insurance — Fraud for purchasing policy by claiming to give personal

Address:

Pune, Maharashtra

This is regarding to HDFC Life insurance policy which had forcefully sold to me with false commitments. I had received call from HDFC representative (so called) regarding personal with 8.5% interest. Miss. Sonal Sharma( Mobile No. - [protected]). above mentioned HDFC representative told me following things; ...Brief description... for of 5 lac amt. As they said, I have to purchase one policy of amt. 10% of amt. Or 25000/-, since will be issued against this policy. This 25000/- amt. is only for security purpose. As per their commitment, after sanctioning and getting, we can pay EMI from the 25000/- and this is exclusive (special) benefit of this policy. As I need money for personal purpose, I had applied for 5 lac amount and then I made policy payment by cheque. I received policy in 1st week of April.My only need is to get amount, so with above said benefit I had forced to take HDFC Life policy as well so I was not so worried about the policy. It was clearly said to me that at the time of verification of policy, you should talk as per said instructions (from Sonal Sharma). At that point of time few doubts came in my mind hence I recorded each and every telephonic discussion. After policy received, I had again contacted to Miss. Sonal for amount of Rs. 500000/-. She said that you will get after 45 days from policy received. So I had waited 45 days (beacause I had no option other than waiting). In May 2015 I received call for my rejection ... Then I contact to Sonal and ask reason of reject, she was also like helpless and shows non-responsive to my doubts. I made request for cancellation of the part and return of my 20000 which I had paid for HDFC life policy. Again She committed 90 days for cancellation. Now it is more than 45 days, but I am waiting for cancellation and refund my Rs. 50000/-. Till last week she received my calls but now she is intentionally not receiving my calls. With above short description about how HDFC representative had cheated me, I had decided to contact HDFC main personnel. Hence I am writing this email with the positive hope that I will get my money back. The HDFC Life policy which is also not required to me but due to some circumstances I forced to take that policy. To be very frank, I am not at all interested about this policy, and it is clear that they had cheat me & i think many other people too. So if HDFC didn't return me my 500000 rs. asap... I am going to sue them by lodging a complaint with Customer grievances forum.