[Resolved]  HDFC Bank — hdfc bharti axa life insurance

Address:Chennai, Tamil Nadu

Hi there
I am getting a continuous call from an agent named swetha. Regarding hdfc providing personal loan against insurance policy with bharti axa.
Is it true.
She is reachable with [protected].
Is this true
The caller is asking to take a loan of 25 lakh for which insurance will be paid 15 years each year 1 lakh. The interest for 25 lakh is 6%. The maturity am out will be 28 lakhs.in which 25 lakhs will be paid initially and 3 lakhs will be paid at the end of 15 years. The interest of 6% will be paid for 3 years only.
They are asking pay rs 100000 init all which after 20 days 2500000 will be provided as a loan.
Is this is true. Advice on this please. If this is fraudulent kindly take necessary action
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Mar 12, 2018
Complaint marked as Resolved 
HDFC Life customer support has been notified about the posted complaint.
Verified Support
Feb 09, 2018
HDFC Life Customer Care's response
Hi, kindly do not act on any such informations provided to you on the name of HDFC Bank or HDFC Life. Further, HDFC Life being the sole insurance company does not sell or endorse any other companies policy against loan. For mode details, you may write to HDFC Bank at [protected]@hdfcbank.com to report the issue.
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