HDFC Bank Complaints & Reviews

DEAR SIR,
I AM HAVING A LIFE INSURENCE UNDER HDFC(FOLIO NO.[protected] AND ON FEB. 2009 I HAD OWN A MP4 PLAYER OF 4GB AND I GOT A SMS AND A CALL STATING THAT I WILL BE RECEIVING SOON. BUT ON MARCH09 I RECEIVED A EMPTY BOX OF MP3 PLAYER OF 2 GB. I HAD MADE COMPLAINT TO THEIR CUSTOMER CARE FROM 22 MARCH09 ONWORDS BUT EVERY TIME THEY ARE FOOLING ME BY GIVING DIFFERENT ANSWER. I HAD SEND MAIL ALSO TO THEIR WEB SITE BUT DIDNT GET ANY REPLY. BUT EVERY TIME THEY SAY THAT SOME BODY WILL MEET ME WITHIN TWO DAYS AND IT WILL BE SOLVED. THEY ARE TRYING TO MAKE ME FOOL AS I FEEL THAT SOME OF EMPLOYEES OF HDFC STANDARD LIFE ARE INVOLVED IN THAT FRAUD CASE. SO PLEASE HELP ME OUT TO KNOW THE FACT AND SOLVE THE PROBLEM.

THANKING YOU,

TAPAS KUMAR GHOSH
E [protected]@yahoo.co.in
[protected]@rediffmail.com
MOB-[protected]
[protected]

FRAUD

Dated: - 08-April-2011
Mr Manoj Raman
Sr. Manager Customer Service,
HDFC Standard Life Insurance Company Limited,
5th Floor, Eureka Towers,
Mindspace Complex, Link Road,
Malad (West),
Mumbai – 400064.
Sub: - Complaint No –[protected]. (Policy No –[protected]
Dear Mr Manoj Raman,
I am in receipt of Letter dated April 04, 2011 from Binita Upadhaya informing me having registered my complaint under above said complaint no and deputing Mr Ganesh R, customer service Representative to handle the above Complaint within 2 weeks and also giving Escalation Matrix in case I don’t hear from you.

I would like to share the verbal communication I had with your Mr R Ganesh on 06-apr-2011 at 10:07 on Telephone No –[protected] and appraised by him that he is closing this complaint. I am surprised to note that how he can close this complaint without giving me suitable reply on the forged signatures made by your representative and action being taken against him at your end in writing and also let me know how HDFC bank has made payment to the HDFC Life Insurance without matching my signatures. Also I am fail to understand how HDFC Bank entertained application from HDFC Life Insurance with corrections made by their representative at his own without vetting to me. More than 3 Months have passed since lodging of this complaint but till now I have not received any written reply on the above by HDFC Life Insurance & HDFC Bank in this regard.

Also I am highlighting the incidence of dated 30.03.2011, where I got a call from[protected] at 9.16 am of Mr. Sanjay Gupta from HDFC Bank, Rajouri Garden Branch, New Delhi threatening me not to get out from my home if I don’t make payment of Rs. 3300/- in shape of cash today itself and again at 11.08 am I got call from Mob No. [protected] & subsequently from tel. no.[protected] to confirm from me whether I have made the payment or not.

Being a heart & diabetic patient, I myself felt in great shock of such mischievous threatening call I had to made payment in cash against Receipt No.13063516 dated 30.03.2011 to Mr. Pankaj Khanna of M/s B.R. Associates (ID No. N04161) on behalf of HDFC Bank, Card Divn., 110, N M Road, Chennai, to avoid any mishappening to my health due to purchasing of this Insurance Policy. Since then, on every alternate day’s visit of your representative’s at my residence, I am facing B.P. & some type of shock problem due to which my hands are also not working normally and I am incurring a huge amount on medical expenses to overcome depression problems and till now I had spent more than Rs. 2.00 lacs. Immediately after one hour of releasing Rs.3300/-, towards Late charges as advised by Mr Sanjay Gupta of HDFC Rajouri Garden Branch. I got a courier dak from HDFC Life Insurance, Janak Puri, New Delhi to deliver the Policy Bond Certificate, which I refused to take as the same was sent to you for cancellation on 27.12.2010.

Again on 31.03.2011 at 12.56 p.m I got a call from Tel. No.[protected] of Janak Puri Branch, HDFC Life Insurance asking me, why I have returned this policy certificate then I told the calling person that this policy bond was sent to you for cancellation before 3-4 months back and since then you were silent and now on getting Rs. 3300/-, your people are forcing me to purchase this Policy, which I am not interested at all and I still not getting favorable response of cancellation of the said policy and now suitable reply in writing is desired against the errant person who had made forged signature in Policy Document with suitable compensatory amount incurred on medical ailments and communication being done with you in this matter.

On 6.04.2011, your Mr. R. Ganesh expressing his inability to cancel this policy and I am being forced to continue the same, which I am really not interested to continue this policy. Again, on given assurance by HDFC for issuance of regret letter to take corrective actions in future and made responsible HDFC/HDFC Life Insurance any such type of forged actions, I am yet to receive the said letter.

Being subject to this everyday harassment, I request your early intervention in the matter and penalize the behavior and practices of HDFC/HDFC Standard Life Insurance Company. I request you to instruct HDFC Life to cancel the aforesaid policy, and advise the concerned to refund all cancellation charges charged against my Credit card account without any further delay.

Looking forward to hear from you soon in this regard.
Yours faithfully,

(DIN DAYAL GUPTA)
92, Vivekanand Puri
Sarai Rohilla
Delhi – 110007
Mobile No – [protected]
Telephone No –[protected]

FRAUD

Dear Sir,

Subject: Illegal and unethical Sales Practices of HDFC Standard Life Insurance Company

I am writing to you regarding my recent experience with HDFC Standard Life Insurance Company when I tried to purchase a life insurance policy. I requested the policy to be issued against my legal name, Din Dayal Gupta.

However, I received a policy document number 14053316 dated 30th Nov, 2010 which was issued in incorrect name, Deen Dayal, living in Sari Rohilla which is not my correct address either.

I was also shocked to find out that the insurance company had forged my signatures, wrongfully attested my passport copy and changed my name from Din Dayal Gupta to Deen Dayal in policy application documents to enable billing against my HDFC credit card which was in my old name Deen Dayal. Please see of policy, pages 2, 12, 14 and addendum page 2 for details on forgery.

Since then I am continuously requesting for cancellation of the aforesaid policy and the credit card as well 27th Dec, 2010. Even after four months of follow up, I am yet to receive a policy cancellation confirmation.

In the meanwhile, the HDFC credit cards division wrongfully released the annual insurance premium money to HDFC Standard Life Insurance Company against forged documents and has been requesting that money from me. HDFC Cards has also piled up late payment charges against my account.

Now, both companies, HDFC Standard Life and HDFC Cards are playing football with my case. HDFC Life has so far refused to cancel the aforesaid policy and refund all balance amounts against my credit card account. HDFC Cards is also refusing to accept its error in releasing money against forged signatures and reverse the credit card charges and is asking me to fight my battle with the Life Insurance Company.

Being subject to this everyday harassment, I request your early intervention in the matter and penalize the behavior and practices of HDFC Standard Life Insurance Company. I request you to instruct HDFC Life to cancel the aforesaid policy, and advise the concerned to refund all cancellation charges charged against my Credit card account without any further delay.

Thanking you,

Din Dayal Gupta
92 VivekanandPuri,
SaraiRohilla,
Delhi – 110 007 (Mobile No – [protected] & Telephone No –[protected]

Dear Miss Bansal,

Kindly write to us at [protected]@icicibank.com with ‘Customer Service issue – defaulter’ as the subject line. Request you to provide the relevant details of your credit card/loan along with your full name and contact details.

We will be happy to help you.

Regards,

Nazia Sayeed
Office of the Nodal Officer
ICICI Bank

HDFC Bank — defaulter

DHARMENDRASINH THAKHAT SINH CHAUHAN,AT POST-LIMB,TA-BAYAD,DI-SABARKANTHA,.
I APPLY FOR LOAN IN HDFC BANK AL PEPAR ARE SUBMITED BUT THE BANK SAID YOU
ARE DEFOLTER IN CIBIL BUT I HAVE NO OTHER LOAN IF ANY LOAN OF MY NAME YOU WILL
SEND ME DETAIL OF THIS LOAN WITH WHICH BANK AND AC NO THEN I WIIL PAY IMMAGETALY
YOU SEND ME DETAIL IN 10 MIN I WILL SEND THIS MAIL 10TIME YOU NOT REPLAY ME SO PLZ SEND ME DETAIL IMAGETALI IN 10MIN ON [protected]@yahoo.com

HDFC standard life insurance — I have not Received my PF Amount from Last 75 Days

Hi!

I Have Resigned on 4 Feb 09, Cleared all Formalities by H.R, but Still i Did Not Received My P.F Amount, My P.F No: 25632, Please Do the Need ful and Reply Your Advice of Prosses to Withdraw my P.F Amount


Thanking You

With Regards
Shailesh Y Shah

There is a waiting period for PF covered employee after resiging from the Company. You have resigned on 4th Feb, 09, so your PF forms 19 n 10C can and might have been submitted only after 4th April, 09.

Today is 30th Jun, if you have cleared all formalities alongwith PF forms duly filled and signed by you at the time of resiging or later and submitted the same to HR, check with the HR personel of the Co, for the same, alternate ask for the reciept/acknowledgment/proof of submission of your PF form from HR to the PF office.

With the copy of the acknowledgement of PF form submitted, you will find the date of submission, and accorindingly approach the PF office to know the status of the same.

In ordinary course you should have received your PF dues credited to your bank account latest by 15th June, Check and understand at what stage it is in the PF office for process.

HDFC standard life insurance — i have not received PF

My Name Vikas Bhasin Employe Id 25721 Join Date 24 Jan 2008 to 25 July 2008. But I dont have received PF till date. Please consider this matter urgently and give me response what can i do for this.

Thanks

I have not received PF My Name Manpal singh Employe Id 30331 Join Date 10 April 2008 dated of leaving service 30/12/2009. But I dont have received PF till date. Please consider this matter urgently and give me response what can I do for this.

Thanks & regard

Manpal Singh (30331)

P F. No./17438

PF amount not recieved

I rakesh pant employee id 35248 has submitted my PF documents however PF money has not come in account yet. My email address [protected]@yahoo.com. Please update and revert as soon as possible. Rakesh Pant

Please provide your phone number, we are a professional debt settlement/negotiations agency (Uppal Enterprises). We are having good contacts in most of the collection agencies used by the banks, and for a reasonable commission charge we can arrange final SETTLEMENT amount to permanently clear the account. Your card will be cancelled but all charges will be cleared.

My name is Mahesh Ratnu my card no is [protected]. I have not received the statement of my credit card of last two months so send me the statement first. Second thing is as I was out of station last month due to which I was unable to pay the minimum amount due on my credit card. For this reason one of your employee called me for the collection of that money and used abusive language with me over phone and also warned me that he will come to my home and fight with me. This is completely unacceptable I have made a payment of RS 10, 000 earlier. Due to some personal work I was unable to make last payment that does not mean that your employees call me and use this kind of abusive language with me. This will never ever be acceptable. I want you take action on this and ask your employee to apologize to me in written otherwise I will have to take legal actions over this. It would be much appreciated if the bank looks into the matter and do the needful. Get back to me with the solution as soon as possible. I will make the payment of the pending due amount on my credit card on 4th August 2009. It would not be possible for me to make the payment befor that date due to my personal reasons. I would appreciate if I dont get such calls untill that date.

Thank you,

Mahesh Ratnu

Conversion FEES from HDFC is a farce - LIES, LIES and SUPER DESI BLOOD SUCKING MENTALITY from HDFC.
This is how they screw people and stay afloat in the business as there is hardly any business for them now a days. No buyers, public sector banks killing their share and so on. What does the RBI do and why are they there? (BPLR - x% discount), don't leave these numbers for normal human beings to chew as they are hard to digest? These banks are the blood suckers man!

This is the real DESI mentality of business showing the intent of being hypocrite from the core. They boast of transparent and most respected companies in the sector but to the core they can not be transparent and respected if these practice continues.

God bless the DESIS and THEIR BUSINESS MODELS.

i dear sir/madam

my name is Madesh.A Emly code: M13595

I m not resived PF forum and Reliving later

Please send me HBL BANGALORE ADDRESS

HBL GLOBAL PVT LTD — regarding PF ACCOUNT NUMBER

p.f account number
i had worked with HBL global pvt ltd for more than 9 Months . now i am asking for my p.f account no.
but they are not responding me.
my code was R20498.
kindly consider it.
thanks regards
Ramesh
[protected]
Bangalore

Escalate the issue to the Banking Ombudsman. Refer to the bank website under complaint section for details.

Dear Sir,
I the above named person have an account in your bank A/C No [protected] at Balasore (Orissa) branch and I pay a cheque No 0449686 an amount of Rs 9226/- (Rupees Nine Thousend two hundred twenty six only ) on 13th July 2009 towords my son Rupak Panda Citi Bank Ahemedabada Credit Card No [protected] for payment . The same amount hasbeen debited on 14th July 2009 from my account but still date the said amount not deposited in Citi Bank account . Thats why I request your honour pls find the problem and solve it at the earliest and if there is any quary in cheque pls return the amount to my account No given above. Pls inform me at the earliest in my given mail Id.

Thanking you for your anticipation.

Your
Mr Dibakara Panda

HDFC Bank — Deposit the cheque

HDFC bank will make the money while taking the 5 days for clearing the deposited the cheque. due to this reason issued cheque will reject due to insufficient fund and they will charges " Cheque return charges accordingly" is it good

HDFC Security, the worst service i ever seen. People just take some lesson from not to open your a/s with HDFC SEC. Below I mentioned what is happening to me yet.

I Opened an A/c with HDFC SEC early this year. Last month 10th Sep. when i tried to open its not opened, there is no other way than raise a request for reseting your password once forget. I raised a request for the same. Immediately on 11th Sep. got a reply back that new password will be send in 2-3 working days(Call ID#[protected]. ideally it should reach atmost 5-7 days. But since 30th Sep. when nothing being reach i tried to call on given no. but the toll free always came busy. I tried a lot after a good harashment i tried a other no. luckily i got the line after few attempt. the customer care person told me the reson of non-delivery is address not reachable. On replying how come my HDFC salay statement and ICICI prudential statement is reaching to me, evenif my hdfc sec monthly statement also reaching to me with no fail, the ans. i got is so awaful that no one ever expect. the ans was they are different from us. When I told how it is matter for reaching a mail on a same address, she realised she gave a meaningless ans. and told me to resent my password again. but as of now nothing yet come. that is the reason why i am here.

i have made complaint to reissue my debit card...on 25/04/09
but on wards 20/05/09 i will not receive my debit card on my mailing address after that custmer care only erace complaint but no proper response

Employee code s74153

Supervisor name aditya arya

Supervisor mobile number [protected] / [protected]

Location. HDFC BANK 3 floor nanalal chamber opp times of india Asaram road Ahmedabad 380009.

I do not know why I want to be blacklisted, I want to be removed from the black list.

Yes, you are 100% correct, now mine rate is 13% since Dec 2008 and not decreased till now..
I waited too long to cut the interest rate but it seems that HDFC bank is not willing to cut down int rate for the CBOP customers, hence planning to transfer my loan to some Govt Bank.

yes, the bank is taking us for a ride .they are treating old bop custers as step children i think all the old cbop customers file a PIL aginst the bank, or do something so that this coerrsion is stoped.
this is the [censored]est bank i have worked with. on one hand they would call you that they would give you a preferrential status in saving ac on other hand they overcharge you.

thanks

Right, I was also a customer of CBOP. After taking over the CBOP HDFC bank has increased interest rate to 13 %. Even for documents needed to transfer the loan, they are not co-operative at all. This is the worst bank I have dealt in life. Please come together and do something against them

Friends

I have faced following problems with hdfc bank perticularly valid for CBOP home loan customers

1. they have increased the interest rate to 12%
2. They have stopped giving account statements (you will need this if you want to transfer your loan)
If you want it you have to make a personal visit to hdfc bank retail loan branch and shell out 330 rs.
CBOp used to send it free of cost twice a year via email.
3. They will not give you letter stating what all documents thay are holding related to your property unless you give them Rs.550/- for this also you have to a personal visit. You need this letter also to transfer your loan (CBOP leter is no more valid)

4. Foreclosure amount is 1.65% of total loan amount disbursed not the outstanding principal amount

Point is CBOP didnt informed us of all these charges, and CBOP used to send this to me free of cost.
hdfc has started to charge fpor it without informing CBOP customers.

This is gross voilation of RBI gudelines and a good case against HDFc bank in consumer court. Each one o[censored]s can get good compensation from hdfc bank on these grounds.

I am hoping if someone has a copy of CBOP home loan terms and conditions then Please foeard it to me at [protected]@hotmail.com. I have already filed a complaint with banking ombudsman and shall be taking it further to the consumer court.

Please feel free to conect with me at my above email address.

Thanks

Vineet

Vineet,
Please let me know the outcome of your complaint.

BTW : I asked the HPLR of bank and bank replied it with 11.50 percent.
today I dropped them mail asking why you are charging me 12.75% interest rate if hprl is 11.5% and my cbop agreement states that my interest rate will be PLR + 0.5%

Will let you know once i receive response.

Thanks
Kishor

I have a agreement copy of Bank of punjab . Shall send you soon.

Thanks

Hi All,
I fight with HDFC and now they have reduced my interest rate to 12 from 12.75 :)
Please chk your agreement copy for your interest rate.
Mine is PLR + 0.5 and current PLR rate for HDFC is 11.50

Check and bang HDFC.

Cheers
Kishor

Dear Friend,

lets join our hands to fight in consumer forum.
Lets make a group of all such people in pain.
We will vehemently approach these banks and ask for clariffication and for damages incured to us. But we need unity in doing this.
So lets make a group of all such people and then let file a suit against these banks charging high interest rates and not reacting at time of reducing rates even when we are older customer. Even when we ask for repayment they ask for processing charges.

One person can not do anything against these people. I have decided to go against the banks and looking forward for your cooperation.

Mail me if you are interested.

Pankaj Kakani
[protected]@yahoo.co.in
Ahmedabad

Hi,
There is no need to pay processing charges while making extra payment against Home Loan. Please read your agreement, it is clearly mentioned.

If you have problem, Please mail to aditya.[protected]@hdfcbank.com your all complaints will get solved, if hdfc did not reply in a month, you can go to consumer court.

the same way I did and all my queries got resolved. Now my current interest rate is 11.25 %

Thanks
Kishor

i already have home loan in cosmos bank @9.5% but i like to transfer it to hdfc bank may it possible?

I am also ofthe sameview that HDFC Bank is harassing the cbop homeloan customers as they have to deal with them being a home loan a/c. Otherwise HDFC Bank is not giving any home loan. It is the HDFC, their holding company which deals with Home Loan. If HDFC bank do not want to deal with cbop homeloan customers they should tansfer theirloans to HDFC so that the treatment they will get will be the same as of other home loan customers. Further the PLR rate of HDFC Bank is higherwhereas cbop usedto keep its PLR rate less than other banks. Also HDFC Bank should make fresh agreement with cbop customers as they were not aware of this merger of cbop with HDFC Bank andcbop gave extra low interest to attract customers fortaking home loan from them.
In my view we should fight together for the justification. I am with all of cbop home loan customers and ready to fight collectively.
thanks
kaml
[protected]@yahoo.com

subject- talk rabish collection man my home and failt commitment indore
dear sir,

I would like say Iam user of hdfc credit card last hailf and year. but last Feb 2009 Iam not receive statement .I don't now how much i am paid in between march i am not in indore and one of collection man in my home talk rabish... lot of then l am talk indore hdfc credit card service center one women girl name is jain she told to me what ever we finish matter and very politly talk his commitment to me I am waiver charges and Iagree she say and three months statement post my home I am show statement amount 6000 above debit charges she told me deposite some of rupees 1340/- and I am deposited 29/05/09 after I am talk customer care service all the matter and replay to me this wrong commitment indore service and woman girl told me very loudly and told me you go to jail and very rudly replay? what heppened me say I am very Disappointed kha karu replay me

HDFC Standard Life Insurance Policy — Online Registration to get access through net

I want to get access through net to view the day to day market position against my policy no.12260214 & 12175213.

HDFC Unit link young star — Cheque given to representative, but not yet produced in HDFC

I issued a cheque on 17.02.2009 to HDFC representative Ms. Debastuti (HDFC-SLIC [protected]).But till now she can't submit my cheque to HDFC office. I tried to contact her, but still now, she refused to say anything about my cheque. Or, not receiving my call. My Policy No. 1149287, Agent nameMr. Kushan Majumdar.

PERSONAL PENSION PLAN — CANCELLATION OF POLICY

Sir,
With respect I am Samir Kumar Basu my policy no. is
12802088 . On 28th April, 2009 I was send my policy document for cacellation to corporate office at Mumbai.but till date I have not get my first premium ammount kindly refund my principal ammount as early as possible.
Thanking you
Yours faithfully
Samir Kumar Basu

pension plan — i want to get full payment instead of pension

dear sir,

I have a pension plan. When i got policy through agent / office then informed me that i can got a single value.

Now i want got a single amount instead of pension,

Lalit prasad dhyani

[protected]

I am also one of the victims of this fund. My policy No. is 12054156 and invested Rs.1, 00, 000/- at the first instant thinking insurance cover is available. Also, I was not briefed about adjustment of Rs.50, 000/- towards service charges. When I tried to contact the Insurance office for cancellation of the policy they have refused the same with a pretest, 2 days lapsed above 15 days

HDFC SL Ltd — premium

I applied for CRITICAL CARE plan of HDFC SL Ltd(Jamnagar Gujrat). and I gave premium of Rs 2545/- and my application form to Mr Vivek Y Chauhan a Sales Devlopment manager of HDFC SL Ltd. He has now resigned and I am trying to contact him. He once said -he will not give my money. I request you t resolve this issue.
Vivek now working with Reliance Life Insurance, Indore(M P)
Mobile No. of Vivek [protected] / [protected] He is basically from Ratlam M P

UNIT LINKED — Switchfund

1.Number o[censored]nits at present.
2.Present asset value of the fund as per NAV.
3.In which Mutual Fund scheme the asset is invested.
4. Can I forgo Insuarance Link & invest the asset purely in Mutual Fund.

Indian Air Force — deactivate portfolio manager

Sir,
Kindly deactivate the portfolio manager service on my mobile . My mobile no is [protected] . they r charging 25 rupee weekly . Sir please deactivate this service .

Profit plus plan in Life Insurance Company — enquiry

from
Mr. Imtitemshi
Policy no:[protected]

Dear Sir,
I want to know my policy status and details on my current status. Please inform to my E- mail address

Thanking you

Mr. Imtitemshi

HDFC — customer care cheat

i have rquested to customer care not to process my check for payement my credit card account and collect cash from me because i have not sufficent amount in my bank account, customer representive agree to this and send a field boy to collect cash i have pay the amount and ask to not process my check
but the process my check and because of that i get penalty on my both credit card account and also on my saving account so i have to pay double fine on both side becuse of bank

From
Jayalakshmi S.K
Policy No.[protected] Profit Plus

Dear Sir,

Please be informed that, I want to know current status of above mentioned policy [Profit Plus]
Kindly send me full details and present status the following email address

thanking you
jayalakshmi sk

I have one Two wheeler Loan in HDFC Bank. Unfortunately am not able to pay the EMI Proper time, thats why one of HDFC Officials( Cochin Office) was harass to me and my family. Is this is the policy of HDFC Bank??

Sunil S
[protected]

Same thing goes with other policies of HDFC Insurance company. ULIP Endowment plus only invests 40% of the 1'st year premium and my current losses in this policy is 80k out of 180k that I've paid in the span of 3 years. There are no ways of surrendering these policies for the 3 years as set by IRDA.
I had to pay premiums for these years forcefully to stop the policy from lapse. I am only hoping to get atleast 80% of my premiums by July 2010. Fingers crossed..

sir i applied for a two wheeler loan in chennai, 15 days before. kindly please give the details of loan states.

HDFC Standare life has the worst policy that any body can invest in. I am also struck with Rs 55000. The HDFC bank manager and an employee told me all lies about the policy and traped me of my hard earned money in HDFC standard Life savings assurance plan .They fordged my signature and issued SI/ecs in my name. Once they got my money, they say that they dont know any thing and contact HDFC standard office.So pathetic. I never thought that a bank manager would do such cheap thing for making some quick bucks as commission. Never buy any policy of HDFC standard life. All fake promises and forgery are done by the employees of this company. Never trust these people.Save your money.

plz read the review about how inocent customers are cheated by this company in the name of tax saving investment by folowing the below link

http://www.reshu.in/2009/03/hdfc-life-insurance-savings-assurance.html


write to insurance ombudsmen to teach these fraud and cheaters who sell worst policies and fordge customer signature to the below address:

http://www.irdaindia.org/brief12aug2003.htm

http://www.irdaindia.org/ombudsmenlist_nov07.htm

HDFC employees and branch manager gets very good commision if they can trap any HDFC customer and trap them in worst policies of HDFC Standard Life, whose terms and conditions are only benificial to the company(Standard Life) and customers get nothing at all.They will always try to hard sell the standard life's "Savings assurance plan" because they get very good commision.HDFC Standard Life employees are getting salary by cheating and fordging and traping inocent customers of there hard earned money. In the name of tax saving they would fool u and say that the returns on this policy is tax free.There would be around 12% return etc. Actuall u will learn that there is no return from this policy, what is the use of tax saving on return on investment 80DD, when actually there is no return from this investment.File police complaint immediately i[censored]r signature is forged by the HDFC Standard employees.By the time u understand that u are fooled, u will be trapped.the terms and conditions are such that U will either stop making further premium payment and loose ur first premium completly, like me, or pay other premium and get no benifit at all. The HDFC bank employees including the manager will fool you with lots of false promises. But i[censored] ask them to give what they have said with the signature of bank manager on HDFC bank notepad with the HDFC bank seal, they will never give that. Because that can be used as proof of there false and misleading information about the Savings assurance plan and other plans. Dont be fooled. Save ur self. HDFC standard only cheats customers. I am one of the fooled and cheated and traped customer of the company. It is far better to invest in any other tax saving like FD which will atleast give u 7% return.

Option-2, Standard Property type 1, Rs. 1.50 lakhs — I have not received my 1st payout due.

Dear Sir,

I am supposed to get a cheque for Rs. 22500/- for
the 1st pay out date at 15th Dec, 2009. But I have not
received it so far.

Also the website at my back office does not indicate
any released payment, why?

When there is a provision for payout each at 15th
and 30th of the month, why I was not issued the
relevant Payout/Cheque.

It's funny and annoying to see that the email addresses
of the website [protected]@skyhealers.com, [protected]@skyhealersindia.com
[protected]@skyhealers.in, [protected]@skyhealersindia.in do not work but bounce
right away.

Could any body look into?.

Thanks.

Swati Shankar

i have also invested one lakh rupees by two instalments.
major amount of my investment have been deducted.
there is no information regarding net asset value till today

Dear Friends

I got cheated by HDFC Young star II plan similar way BY HDFC standard life Insurance plan. I paid 22500 in 9 Instalments of Rs 2500 each. Finally after 9 months
I received statement and my holding of the account was only 5500.I have questioned
my Agent about by balance 17000 of money . I have been told that money bank keeps in suspence account and you will receive money after Three years.

[protected] Raghunandan

dear all,

welcome to the world o[censored]lip insurance. i'm sure its better to throw you money in a casino u have better chance to get a return. these not only hdfc but others too are blood sucking worms. i have been a victim of bajaj allianze capital unit gain policy which is consistantly sucking my hard earned money every year. and iv to pay my premium for 20 yrs jst to keep my policy alive and take my capital at least back after 20 yrs. but now at least i'm once bitten twice shy... guys i tell you a few things next time you buy a policy.

1. take the detailed policy brochure in original not photocopy from the agent depicting the following things.

. premium allocation charges for all yrs ( varies from 40 to 100% of your hard earned money for free :-).
. policy admin. charges ( from 600 to 800 per yr)
. fund management charges ( 1.2 to 1.7 % per yr of total fund) though they never touch yr fund.
. surrender charges ( after 3, 4, 5, yrs)
. fund switching charges.
. mortality and accident benefit charges.
. miscleneous charges.
. service charges.
2. fund performance: always ask your agent which fund you should opt for and please see fund performance for at least past two yrs. its easily available on net. its sure you wont be able to see that growth which the agent is boasting of.

3. keep your questions ready when you meet the agent, see his identity card of insurance agency. try and record the conversation and his commitments ( which will certainly be false). now confirm and crosscheck everything by the brochure available or by net or by their original customer care help line. if you find any difference. be sure to teach a lesson to the agent . bring him to the book. call the police. but ...
why these many headaches... follow one rule...

FD'S AND PPF'S ARE BEST. FOR HIGHER RETURNS INVEST IN SHARES. AT LEAST YOU KNOW YOUR RISK.


BYE AND BEST OF LUCK

MANISH

investment/insurance — cheating

Dear Sir,

I had invested in an Insurance Scheme in 2005. Rs. 5 lkhs premium plus Rs 3 lkhs during consecutive yrs till 2008. Now they have canceled this scheme and paid us Rs 4 lkhs cheque t, that too in Indian Rs., while the ac was NRE. The bank involved is HDFC, Pathanamthitta. Name of Agents involved are Jitesh, Satish, Biju.

Kindly look into this matter urgently.

Rgds

Moncy

There is little point in getting angry. How do victims organize themselves and present a cogent, rational complaint to the Insurance regulatory authorities, explaining how the policies are anti-customer and how the employees and agents cheat the customers for the sake of a commission? Twin aims: Others must beware of this legal scam and we must also get some relief.
Please let me know who can take the lead (I am unable to do it for personal reasons but will join anyone). We should draft a joint petition and make sure that authorities who can take action listen to us, read our complaint. We must also complain through Press/Media. Insurance industry Ombudsman may help. Ideas welcome.

I am ex-serviceman of Indian Air Force who had served the nation for 15 years at diffeent location . I thought of some investments last year and subsequently I had purchased following two ULIP insuracne from HDFC of worth 4.00.000 (the full details are mentioned below), but while purchasing them I was not at all informed about the charges and debits. Upon receiveng the statement I was shoked to note that only 60% of my investment has been invested in market and my presnt fund value is just 1.20, 0000 which is very disgusting to understand.Its open misuse of my hard earned money.

When I had talked to HDFC they are saying they can not help me out, and also by seeing the satement I do not want continue to pay the premium against these policies.

Now may I request you to please treat this as most urgent and please make HDFC to cancel my both policies and refund the amount which I have invested with them

Tell me how to cancel these policies and get back the amount

Tirumal
[protected]

Respected Sir,
Sub- Regarding Capital Unit Gain Policy of Bajaj Allianz
Life Ins. Co. Ltd.

I am old employee of Bajaj Allianz Life Ins. Co. Ltd. I
joined on Sept.2006, We were given training of all the policies only
about SALLING FEATURES of the policies and nothing was told that what
company will take Surrender Charges from the Customers.
One Policy was CAPITAL UNIT GAIN, started in Dec.2006
and we were told that this policy will be counted of value 100% in your
and branch's account. So sell this policy maximum. We promoted this
policy only to the Agents, to sell. After some time I came to hear that
this policy was banned by IRDA and so selling was closed in app.
SEPT, 2007. IRDA said that this policy is not Customer's friendly and
there are huge hidden charges in this policy.
Sir, I am sending you some Attachments with this mail
taken from Internet regarding this policy. You also can check from
Internet yourself about this policy. One attachment is regarding its
DETAIL. There is clearly mentioned that on Surrender, company will give
100% of its Fund Value.
Sir, I need this that if Policy was banned by IRDA then
all the old Customers will also be given Relaxation in this policy in
Surrender and other issues for what grounds this policy was banned.
Sir, Now after 3 years completion company is deducting about 60% of
First Year Premium from the customers.
Please see the matter at priority, hoping for early
responce.

Thanking you,
Jyoti Parkash Monga
Ex-B.M, Now customer
Bajaj Allianz Life ins. co. ltd.
[protected], [protected]

my name is suresh, and i am from cochin, i taken one metlife insurance policy. Rs. 6000/ in every half year. I already paid 3 premium, after that i just check what would be my fund value. metlife people telling my fund value is only Rs. 3300/- rest of the full amount utilised as the charges. My first 2 premium of Rs. 12000 fully be allocation charges and when i paid my third premium, , they debited Rs. 1854 itself service tax on my premim (10.3% of Rs. 18000) . now the charges started - Administration charges 135/month, mortality charges - 18/month fund management charges etc. They are deceiving us. Is there any way to get back our original amount, interest is not reqired.

Boss, remember there is no guarantee on returns on ULIP policies, thats y there is fight is going between IRDA & SEBI for further continuance of these ULIP sales in future, GOVT of INDIA given instructions to all life insurance companies not to sell new ULIP policies in future, in ur case u blindly believed that stupid bank person, i wont say ur fault but dont leave him simply make a complaint to consumer form, IRDA, ombudsman... ...take care

I am also one of the victims of this fund. My policy Number.is 11356630 and I have invested a sum of Rs 1.50lakh in the policy. During sale of this polices no one has told me that 30% will be deducted in first year and 30% in the second year. Even branch manager of Ambala Cantt has visted to my house to grab the customer. Just you emagine that If any one will know that 30% and first year and 30% in the 2nd year will be deducted, no one will be ready to purchase such type of stuped polices. Actually this amount was a very hard money gifted me by my husband from his retitment benfits army during Aug 2007. Now the total fund value of these is 1/3 which is a great shock for me. As per latest news HDFC SLIC has earned a net profit of Rs 90, 000 crores and invested in Mutual Funds.

HDFC Standard Life Insurance Company Limited — Pension withdrawal claim not received

Good Evening Sir,

My Self Nidheesh kumar dubey i left hdfc standard Life at 06/10/2008 & my employee code was 26179 i claimed for pension withdrawl before 10 months & my pension no. is mh/211273/13684
so kindly conform me that when the fund will be credit.


Nidheesh kumar dubey

[protected], [protected]

Life Insurance Co.Ltd — Agency Suspended

Dear Sir,

This is to bring to your notice that I am Agent ( Agency Code: 0002045E) ,Zonal Club Member of LICI, Siliguri-II Branch in Jalpaiguri Division for last 20 years.
On August'09 i received a letter from Divisional Manager that one my policy sourced , had an early claim and the policy holder was suffering from existing disease. I was asked to give an explanation for not mentionig the same in Agent Confidential Report.

As i was travelling , I received the letter late and reverted on 20th Nov'09 with all explanation to the Divisional Manager.

Since than I have not received any reply from any end. I have even met personaly to the Branch Manager & Divisional Manager, but have not ceived any revert.

My Agency code has been blocked , where i am not allowed to source further policies and I am not even receiving my due commission.

Reminder, Request & Plead letter for withdrawl of suspension of work has been sent again on 23rd March'10 with a copy to Branach manager, Branch Secretary, Divisional Secretary, Divisional President & Zonal Manager.

But till date i have not received any reply from LICI and thus am mentaly disturbed as my earning has been stopped for last 10 months.

Request you to help into this to resolve.

Thanking you in anticipation

Warm Regards

Surendar Gupta
Zonal Club Member
Agency Code:0002045E
LICI

HDFCSL/insurance — Cheating and fraud by HDFCSL agent

Sir,Mr R.P.Yadav,I.D.No 00382064 requested me to deposit some money in HDFCSL for 5 years and you will get just double of it.And I shall give you 10% comission of it.I deposited 75000/
After few days again requested me if you deposit 55000/more you will get a mobile phone from the HDFCSL.So I did.
Again he came to me and told that if you depsit 40000/more Company wil give you fridge in addition my comissin.So i did.
But when policies received i found that all money has been deposited in PENSION sheme for 10/11 years which i refused.
He did not any receipt of 75000/ but receipt of 55000/gave stating SAVING ony and 40000/ SUPER PENSION /INVESTMENT added after wards when i objected of pension plan.
Sir i 65 years aged and a govt pensioner, how can i deposit 170000/per year to maitain my scheme othewise all the will be forfieted.
So all the matter be inquired under IPC./cheating/fraud and agent and HDFCSL be punished to me from monetary loss.

Thanks.

ASPIRE LIFE ULIP — Not returning me back my original premium amount

I have bought Bharti-AXA ULIP plan in year 2007 and paid only one premium
Rs.30,000/-. Thereafter due to some personal issues, I did not pay anything. Can I claim back my invested amount after 3 years or surrender the above policy. Please advice.

My policy no is[protected]


Kindly return me back my original amt invested otherwise i will have to take steps to sue the company is customer court

Respected Tiruma Sirl,
You can surrender your policy or cancel the policy but you will not get the full amount which you had invested.If you surrender your policy after 5 yr then you will get 100% fund value otherwise if you surrender your policy on 3rd & 4th Year then you will get 90% & 95% respectively of your fund value.

Thanks & Regards
Pankaj Panchwagh

hi, how I log in hdfc life

I was pursuaded by the bank employees and agent to take HDFC SL Pro Growth Super II in my name and in the name of my wife Urbashi Dash. A sum of Rs 30, 000/-as deducted from my a/c on 23.12.2010. I was medically examined 21 days back. Till date I have received no communication. I have strong reasons to believe that I have been befooled and cheated.
I am not at all interested to take the policies. I want my money back in 7 days time, or else I shall be constrained to take other course of action. I hope HDFC SL will return my money early.
P.K.Dash

HDFC Standard Life Insurance Company Limited — Delay in processing refund for Life Insurance Policy

Hi,

I had one life insurance endowment policy issued by HDFC Standard Life Insurance Company Limited for my wife Mrs.Deepali Kalra and I had raised a request to get the surrender quotation on 24rth Dec. 2010. Ideally, it takes not more than 2 days to get the surrender quotation but this request for surrender quotation was not processed until 3rd Jan. 2011. This was picked up only after I called up HDFC Standard Life Insurance Company Ltd. to get the status on 3rd Jan. 2011.

Subsequent to this status call on 3rd Jan.2011, The surrender quote was provided by 5th Jan 2011 (in the evening around 8 pm). On 6th January, I had completed rest of formalities including NEFT mandate to process the refund on prority basis. But the amount was deposited to my wife's account by 14th Jan. 2011 only.

The delay in processing the request for surrender quotation (from 24rth Dec. 2010 until 3rd Jan. 2011) caused the delay at my end and I had to take loan for the purpose for which I was seeking refund on the policy.

Now, after raising the issue with HDFC Standard Life Insurance Company, the company did not accept the fault at first and also not providing any satisfactory response.

I request you to take up this matter with HDFC Standard Life Insurance Company Limited and help me getting proper resolution and compensation.

Thanks & Regards,
Sachin Kalra
on behalf of Mrs.Deepali Kalra

PS: Attached is the response I got from HDFC Standard Life Insurance Co.Ltd. after 3 weeks of registering complaint with them

ALWAYS AWARE LIKE THIS COMPANY EXPERT IN CHEATING AND MAKE FOOLS TO CUSTOMER

i was fooled by the agent too HDFC's agent said that the growth funds will be the best for me to invest and will get higher return and never ever he mentioned that there will be Rs 70000 in allocation charges
that was deducted each from my 3 policies that i had so i invested Rs 300000 and in first year when i
get a statement it said i only had Rs 30000 each in my policy that only Rs 90000 and than i made
several attempts with the branch and branch manager for almost 1 year i never got any response so
my policies lasped and finally new branch manager called and when i spoke to him he told me i only had
2 option either forget about all my Rs 300000 that i invest since my policy was lasped or i invest another
Rs 600000 for remaining 2 years and they will revive my policies and that should be the only premiums that
i had to pay and i want have to pay any more premium instead i just recieved a notice of premium due for
another Rs 100000 each on all my policy and now i have no idea what will happen if i dont pay the premium?
will my policy lasp? or what will happen. I think all of the cutomers who got defrauded buy this greedy
agents and branch manager should just beat the hell out of them and also every one should just stop using this instead invest in FD's or KVP from Post

HDFC Bank — LIFE INSURANCE AMOUNT NOT PAID

I have surrendered my policy on 7th March 2011 in BTM Layout HDFC Life Insurance Office, and i was told that i shall get the cheque within 5 working days and they asked me to collect the cheque from the Branch after 5 working days. I went after 10 days and asked why i have not received the cheque they told me because of Holi and year ending it was delayed and they told it has been dispatched from Delhi we will get it in 2 days. i went there after 2 days and they told the courier has missed. Now they are not receiving my calls only and i had made commitments to pay back some other loans and these HDFC insurance people are not responding only. I have the acknowledgement with me.

Its just a fcuk company cheating all the customers. HDFC means High Drama Involved fcuk company. We should kick their and send them away from the country...Please be aware of their meaning...

HDFC UNIT LINKED YOUNG STAR PLUS — WHY THE POLICY IS NOT IN OPERATION EVEN AFTER MAKING PAYMENT OF 3 YEARS INSTALLMENTS

MY POLICY NO. 11553449 EVEN THOUGH I PAID CONTINUOUSLY 3 ANNUAL PREMIUMS, WHY MY ABOVE POLICY IS NOT IN OPERATION AT PRESENT. PLEASE EXPEDITE THE REASONS AT THE EARLIEST TO MY MAID ID [protected]@gmail.com

what is the solution for making my policy to be effective. Your early reply in this matter is highly appreciated.

Nagesh Purijala

Yes, HDFC Standard Life Insurance Company is Best Cheating insurance in India, Hope they can beat the 2G scam too...

HDFC standard life insurance — pension amount not received yet

Dear Sir,
I had worked with HDFC slic from 14 april 2008 to 20 june 2009 but till date I have not received my pension amount.i have couriered the form three times to the HDFC pf dept, also called them several times but all in vain..please do the needful as i am unable to find a solution to the abovesaid problem,the details are as follows:-

Name - Pankaj Jain
Employee code- 30721
Pension acc no- MH/211273/17859
Mobile no-[protected],[protected]

HDFC Standard Life Insurance Company Limited — HDFC standard life insurance excess deduction of someone else premium via ecs

This is to inform you that I mrs. Mrinalini avinash malgaonkar has following policies

policy no. 1:-
no.12881953 commenced on 30/04/2009 with rs. 50,000/- Annual premium.

Policy no 2 :-
no.13566187 commenced on 24/03/2010 with rs. 25,000/- Annual premium.


I have got these policy done from hdfc jogeshwari east branch with ecs deductions from our respective personal saving accounts.

For 2010 annual premium deduction it was observed that for policy no.[protected]which does not belong to me)the sum of 50,0000/- The premium amount was deducted by ecs from my I.E.--Mrs. Mrinalini's account along with my own 2 policy ecs deduction.
Immediately, it was brought to the notice of hdfc--jogeshwari e,branch officials.
There was absolutely no response from them.
The writtem complains were submitted to authorities by me.
The bank authorities were not ready to accept the letter of complain. They have not given any acknowledgement receipt for the complain lodged.
I amver y sorry to say but the service of hdfc had been extremely poor.
So far, there had been no response or no communication for this case.

The complain e-mail was sent to the [protected]@hdfclife.Com. Initially the e-mail was accepted by them and few details were asked which was provided. Later,the bank statement which shows the wrong deduction of 50,000/- Was asked ----that attachment of statement was also sent,but then there was a reply that they have not received the attachment,so it was sent again and again but now it has stopped being received by the same ID and it fails to get send.

HDFC std life insurance — unit linked pension plus amt to be returned

I have booked a complaint reg closure of my policy no.11675220. No response till date. Kindly arrange to get refund of money early. thank you.
Dhinakar samson Babu
my mail i d [protected]@gmail.com

insurance co — Delete my No from your profile

Pls delet my mobile no from your profile. my No is [protected].
Some one mis-using my no for sending the SMS to every one

Pls delet the same from your end [protected]

wupload premium account — cheated money

hai,
my name is parthiban from salem, tamil nadu, India. mobile no: [protected] language : Tamil
i paid inr 620 for wupload 30days premium account to official resellers icici bank a/c on 7/5/2012
but they could not give any passwords and any reply. they reply only the wupload site owners cheated .
please help me . please stop their online cheating

OfficialReseller.in http://www.officialreseller.in/ [protected]@officialreseller.in Cash Deposit from any bank in the country (India), Online Net Banking (NEFT), AXIS,HDFC,ICICI,SBI,SBH,HSBC,PNB,Citi Bank,Karnataka Bank,Andhra Bank,ING VYSYA & More. Cheque Or Demand Drafts, Paypal,Debit Card (India 52 Banks), Credit Card Reseller Since:[protected]

HDFC life is fooling people. once any body approaches ask them how much pension will they give. in pension schemes. no body will tell. All bogus things will be told to fool the people. just stay away from these policies.

I am Vikram.
I invested in four HDFC SLIC Policies.

1. Unit Linked Young Star II Equity Managed Fund II (in 2009)
2. Unit Linked Pension Maximiser II Growth Fund II (in 2009)
3. Young Star Supreme Suvidha Growth Fund II (in 2010)
4. HDFC Endowment Supreme Suvidha Growth Fund II (in 2010)

This was done at the advice of my 'Personal Banker' at the HDFC Bank Branch in Malad, Mumbai. He suggested that the policies mentioned above will fetch good returns. He did NOT mention any of the hidden charges (perhaps that why they are called that).

I am stuck with annual premium for three of the above for five years.
They TAKE AWAY almost 10.2% of the premium at the time of investment. And another .62% taken annually as charges.
What's ALARMING is the total value of my investments is less than the amount invested.
I would have got BETTER returns in a savings account!

On calling the said personal bankers, all I get is extremely vague replies.
It seems like it's my hard earned money down the drain.

It's not 'Sar utha ke jiyo', it more (if you pardon the term), 'Chutiya katva ke jiyo'

Hello,

HDFC has always been my most trusted brand in the banking/insurance industry, but that was until I bought ''SIR UTHA KE JIYO''policy. I invested 1, 50, 000 over that last three years and the value just kept diminishing. Now when I want to surrender the policy I get to know another 30% would get deducted.

I wounder how the value of this policy alone is going down. I suspect that the premium amount that we paid may not have been completely invested.

HDFC STANDARD LIFE is ABSOLUTELY a 'NO'; 'NO' for any further investments.

HDFC Standard life company is a best cheating company in India. I was persuaded like anything to invest in Endowment suvidha plan with high premium of Rs.200000 per year. Unfortunately after three years of continuing that policy, I am not in a position to continue that policy further and would like to understand the benefits of that policy to withdraw the money which I invested for three years. No one either in HDFC life branch or the agents or customer care representatives could give me the right information about the status of my investment after a period of time if I leave it in paid up condtion. Except on surrender charges nothing could be cleared by any branch personnel or the agents who call frequently to pay further premiums. Regarding surrender charges information already does exist in the policy. What could be the status of my 6 lakhs i invested now after 5 years or 6, 7, 8, 9, 10 years later no one could furnish in a logical approach. Had it been left to my decision at the time of investment, we could have planned according to our convenience not at the cost of HDFC bank managers convenience. No one is clearly explaining what could be the fund maintenance charges that will be deducted in 4 and 5 th year if we leave the policy in paid up condition. That will atleast give me idea whether to keep it in paid up condition or to surrender with 30% surrender charges. I would like to advice all not to get trapped in this kind of investments which will cost at our hard earned money putting us in great trouble. Hope HDFC life should understand this in positive approach and see that customers are not cheated.

I have similar experience. One Mr, Uppal who was earlier with Thane Branch had come to my office and explained certain things. I blindly signed the policy papers. I never realised that after 3 years I would not have the liquidity to pay rs. 2. 50 lakhs as annual premium on three policies which is to be paid once in a year. The dates are different. The EMI is deducted directly from my Savings A/c with HDFC Bank. I must have given such instructions. Trusting HDFC Bank and its Officers, it never struck me to think and apply my mind or consult any one.

Now I thought to discontinue the premium payment and to see how much I can get back. After paying 4 lakh rupees as premium in the last 4 years, I was told that I would maximum get 1.50 lakhs!

Hence I fully agree with the experiences of others and would request every one to be extremely careful for any products of HDFC either bank or the corporation. The Officers who visit your place leave the jobs after couple of years and the Bank disowns the promises made by their Officers and nothing is in writing. You trust the officials and sign on the dotted lines. Most of the time the Officers approach you when the Scheme has left only few days or the last two days etc.

Myself also a victim of hdfc SL. There is no guarantee even after fifth year that every one will get 100% of our money invested it also depends on the share market value at the time of policy surrender. And the very worst part is no bloody is ready to answer any questions we ask. The agent who came with this policy to me is no more working with hdfc and even the branch manager is also not ready to answer any questions
They simply say to launch a complaint to hdfc insurance at Bombay. They reply like every thing is signed and accepted by you. But the actual hidden truth that this policy involved in share market value is not intimated to any of the customer.
Sunil kumar.
Chennai
[protected].

Yes I have also had a similar experience with HDFC Pensionsuper Plus scheme where I invested 7.2 lacs 4 years ago. I had repeatedly TOLD THE AGENT that I wanted minimal risk as this money was required for my daughters future of wedding. However today my money has reduced to 6 lacs and I have lost 1.2 lacs in last 4 years. This is despite market actually doing well and NIFTY dropping only now. When I contacted HDFC they gave me a response which made no sense stating that they had put all my money in High Growth and High Risk and market had done badly. when I asked them how it was that during this period, their own bank value has itself jumped by about 50% even at today's value, no response.Even the Nifty at around 5500 is at an average of what our investments have been. However our funds are down by 25%..which corresponds to nifty level of 4500 ...how can they under performe Nifty by such a large amount.
THEY HAVE TAKEN A PENSIONERS MONEY FOR A BIG RIDE

To restrict the further losses and to explore the possibility of recoverring some loss, I have finally surrendered my policy which was purchased in the year 2008 and I had paid 4 lakhs. Just to ensure that the premium for the year 2013 does not get deducted (ECS option), I had to ensure that keep a lower balance than Rs. 1 lakh. To stop ECS option for Standard Life from HDFC Bank, you need to give 2 months advance notice. With great difficulty, I had to transfer funds to ensire that the premium won't get debited.

The surrender value for the policy where I paid Rs. 4 lakhs plus service tax came to Rs. 2.77208 lakhs!. Policy no. 13735488

Lesson learnt is not to trust the so called trusted Brand and their Officers who mislead the people just to get the enhanced performance pay and leave the employers. With several vists and smart presentations at Office and at home, these people build the trust and pursue you to sign the documents. During this period, if you visit the Bank, you get a treatment like a Maharaja. Once documents are signed and 1st premuim is paid, they show different colours and the so called human touch is vanished and it becomes simply a legal and documented process. They make you feel stupid for the trust you had shown and signing the papers blindly. I was given the policy at the age of 56 where the annual premuim was Rs. 1, 00, 000/- without bothering for my liquidity position after my retirement.

this hdfc bank man agar cheat me also i pay them 50, 000 and they say me its fd now when i ask them to return my money they say me its investment plan for 5 years lock period i can get my money only after 5 yeras

my mother visit to HDFC bank to open locker manager say her there no locker available he say me to my mother to invest 50, 000 in super 2 plan for 5 years and she can get locker she paid 50, 000 and when i got know i call to man agar he say me after 5 years i will get my money before that i cannot take when review that policy its not good bank cheat to my mother she is uneducated .kindly help me how to get my mother money back for details plz email me on [protected]@yahoo.com

DEAR SIR HELLO
I HAVE HDFC UNITLINKED PESION PLUS PLAN

I PAY 25000 P A AND I PAID 125000 IN LAST FIVE YEARS AND PRESENT FUND VALUE IS 156000

I WANT SURRENDER THIS PLAN


HOW MUCH FUND VALUE GET TODAY AFTER DEDUCTION SURRENDER CHARGES

Hdfc Life Insurance — misselling of policy

totally fraud case by India's Top Leading Bank Organisation HDFC.

resolved, thank you.

HDFC Bank — Levied charges on my account without any information

Hi,

I am holding an account with HDFC from last 7-8 years now and I have been facing problems every now and then.
I fail to understand, how come it's my money and my account, when the Bank has the right to take money out of my account without any prior consent.
This account has been on and off as a coorporate account but from last 2 years, it's a personal savings account. At that time, I was informed that I am supposed to maintain a total of Rs 5000/- in my account atleast once in 3 months with no wirtten documentation provided to me. This time in april, I checked my statement and found a charge of Rs 827/- on my account. When enquired about the same, I came to know that the charge is because my average in last 3 months is not above Rs 5000/-. Now, first I was never provided any documentation saying that I am supposed to have an average of Rs 5000/- in 3 months. Thus, I was ignorant in this case. Second, how can someone take out money from my account, without asking or informing me. They simply toook the money out as if the account and the money beolngs to their forefathers. Also, what justice is it, that if someone failed to maintain an average of Rs 5000/- in 3 months, the bank would charge the customer around Rs 1000/- approx.
And this is the kind of treatment is given to a person who has been banking with this bank from last 7-8 years now. I fail to understand if HDFC even understands, what customer service is. I spoke to Phone banking but no good response. They have canned response, which they keep on repeating, without even understanding, how it feels to loose money without any prior information and knowledge.
Hope someone somewhere is reading this e-mail and is bothered about good banking.
I can be reached at surender.[protected]@gmail.com

Thanks
Surender Singh

Dear Concern,

With reference to my A/c No. [protected], Rs 827/- is been deducted from my account on 11/July/09, without any prior intimation to me.

Can you please confirm the same, along with root cause for the same.

Regards,

khusboo Arora