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HDFC Bank STANDARD — mis selling of hdfc life product against home loan

To,
The manager
HDFC LIFE

Dear Sir,

In the month of March 2017, I was missold this Insurance product (HDFC SL Progrowth Super II) by Mr. Rahul Kumar Srivastav, my previous Relationship manager at HDFC Bank.

In the pretext of getting a home loan sanctioned, he convinced me into buying this Life Insurance product. At the time of buying I was told that the life Insurance will be free and there would be no premium allocation charges.

Now when I check my statement I find that huge premium allocation charges and insurance charges and policy administration charges have been levied.

A poor man has been missold a policy which I will not be able to continue.

Kindly stop the policy immediately without any surrender charges or penalty whatsoever.

Also please ensure strict actions against misselling of policies.

Also immediately stop the auto pay linked to my bank account with HDFC Life.

Please find the Policy Details mentioned below:

Policy Number: 19161014
Client ID: A5492221
Premium Amount Rs. 1, 25, 000/-

Regards

Nakul Sah
Sah Jewelllers
Mangaldeep Bldg
Hill Cart Road
Siliguri
Contact number - [protected]
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    15402
    HDFC Bank Phone
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    +91 22 2498 8484
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    Branch 542, Trade World, A Wing, Ground Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India - 400013
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