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IDBI Federal Complaints & Reviews

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Last updated Jun 18, 2022
Complaints 44
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12
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IDBI Federal reviews & complaints page 2

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G
gurpreet_sng
from Mohali, Punjab
Dec 14, 2017
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policy refund

Address: Ludhiana, Punjab, 142036

We have a policy under idbi fedral health insurance policy is by the name of amandeep singh and policy no is [protected]. We have surrender the policy because we are is great need of money because my mother health condition is serious. The agent have told us that if we surrender the policy no interest will be given to us but we will have our deposited money back. We have given three installments of rs 25000 total amount of rs 75000 to bank...
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A
Abhishek Yagnik
from Borsad, Gujarat
Dec 1, 2017
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refund against the cancellation of policy

Good afternoon,

Myself mr. Kashyap yagnik (Idbi client no – [protected]) from surednranagar, gujarat writing this mail regarding my complaint of idbi ferdeal. I had took a child insurance policy for my daughter (Policy no.[protected]) from idbi agent mr. Harsh acharya (Mo: [protected]) last year, and have paid the first premium of 63, 000. Now due to poor economical position i am unable to pay the second premium and so from...
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S
sanjayshaurya23
from Delhi, Delhi
Oct 10, 2017
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not refund my premium amt...

Respected sir,
I take a life insurance with above mention company but due to their too procedure and my inability to pay premium amt. Every year i want get my first premium amt..
So, please sir help me to getting my amt.
Thanks.
Company : idbi federal life insurance
Policy no. [protected]
Premium date[protected]
My name : sunita rajak
I have already stated my inability to pay further...
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P
prafullaranjan
from Mumbai, Maharashtra
Sep 5, 2017
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idbi fortis wealthsurance foundation plan / most urgent

Address: 400614

Dear sir / madam, good day.
I had taken two policies with idbi federal in the name of my children in march 2009
About a month back we had surrendered both the policies. Till date we have not received the amount due.
There is no information from idbi federal office at cbd belapur either.
Whenever we call they ask for some document or the other.
And then nothing moves.
We needed the funds urgently...
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T
Tutan Sharma
from Abhayapuri, Assam
Jun 19, 2017
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To stop payment

Address: Dimapur, Nagaland, 797112

Sir, i want to stop my premium payment. Of rs.20500... Because of financial problems... I've already deposited my 5th installment in the year 2016 april... What amount should i get at maturity. If i stop my premium payment from now... My policy number..[protected].. Name.. Kaushik sharma.. House number.70, kalibari road, dimapur, nagaland..797112.. Email.. [protected]@gmail.com.. I've already queried many times about this... Sir please reply...
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J
jayshree.bhongle
from Mumbai, Maharashtra
Mar 4, 2017
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Money deducted from the account but haven't received the confirmation

Address: Mumbai City, Maharashtra, 400013
Website: idbifederal.com

I have done online payment for my policy. Money got deducted from my account but i haven't received any confirmation from them please help. My policy due date is 13- mar-2017
It didn't even redirect me to the idbi federal policy page after payment. Can yo please help me out with it. As this is the first time it has happened. Premium is paid on todays date...
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I
idbifederal
from Dewa, Uttar Pradesh
Oct 8, 2016
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Fraud

Address: Kanpur, Uttar Pradesh, 208001

Hello sir i'm employee in this company ihave submitted the medical leave because my heart operation in medanta hospital the doctor is sugesion for the campleat rest in a year i have inform the boss mr. Mahesh rai in my reporting officer but my medical leave is not share in head office & my joing is hold in a two year last time inform me you r not employee in this company please sir help me....
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A
Anup Zawar
from Mudhol, Karnataka
Sep 9, 2016
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Payment done but not recived to company

Address: Belgaum, Karnataka, 591307
Website: idbi federal insurance

Resp sir, policy number [protected] regarding this policy number. i have done the payment on 12th of august of 2016 through online mode and my amount is debited to my account and i have sent more than 15 mails to company support team and sent all the requried documents but still ts over 20days my issue has not been solved...plz look over the matter...and revirt me ......
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B
Balkar singh bachhal
from Pune, Maharashtra
Aug 21, 2016
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Not returning policy in free look period

Address: Mumbai City, Maharashtra

Sir/madam
I have taken loan from idbi bank derabassi. Punjab they told me to take life insurance policy which is compulsory with loan. I agreed with them and ask them to give me single premium policy. Which premium i will pay from loan amount but when i received policy it was for twelve year premium. I have taken it to sector 8c, chandigarh office, but they refused to return policy.
So i request to return my policy and give...
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B
bbach56
Aug 21, 2016
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Not return policy in free look period

Address: Mumbai City, Maharashtra, 070141

Sir/mam
I have taken loan from idbi bank, derrabassi, punjab. They told me to take life insurance policy cumpusary with loan. I told them that give me single premium policy which i will pay from loan but when i revive policy it is for 1years premium policy. I went to return that policy to sector c, chandigarh office but manager refused to accept it.
So, i request you that, "return my policy and return my money. Which is in free...
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O
opkha47
May 3, 2016
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Refund on my policies

Address: 700055
Website: www.idbifederal.com

Dear Sir/Madam,

I am a senior citizen in a long need to get my refund from IDBI Federal policies. I have four policies under mine and my wife's name who is also a senior citizen.

I have already submitted numerous complaints through emails, phone conversations, office visits with IDBI Federal over last year. All last year they have made me run around for unnecessary documents, scans, signatures, signing up on...
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V
veliyam
from Kollam, Kerala
Nov 23, 2015
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Refund not received

Address: Kollam, Kerala, 691512

Sir I have submitted two applications (No.[protected] and[protected] for IDBI Federal Lifesurance Whole Life Savings Insurance Plan – each one for a premium of Rs 25000/- each. The proposal forms, id documents and the cheque for Rs.50000 was given to your representative at Federal bank Odanavattom branch. The cheque was encashed on 20/12/2015 – found debited from account. Later I was told that the proposal was rejected due to over age....
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K
kittu singh
from Nawanshahr, Punjab
Sep 16, 2015
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Life policy

Address: Ludhiana, Punjab

Meine. life policy kerwaee thi. but muje. jo policy k bare mein bataya. tha. jb meine idbi ko 32708. ki peyment. 31 dec. 2014. ko by check ker di. or woh cash. ho. gye. baad mai muje koi policy issue nhi ki gye. jb mai idbi k office. mall road ludhiana per gya. toh muje policy. nhi mili. jo k aaj tk nhi mili. hai. mera policy number. hai [protected]. or muje policy k bare mei. kuch or hee bataya gya. jd meine.20din k baad peyment vapis mangi....
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A
Amitlahoti09
from Kolkata, West Bengal
Aug 27, 2015
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Cheating, forgery in Insurance policy sale and compensation policy no 4000288928

Policy number [protected]My concern is my father paid 1, 00, 000 rupees in 2010 to IDBI Federal insurance agent and I received 110000 rupees only as compensation in 2014 after death of my father. I have raised this question that its a loot as I am getting return less than savings account forget FD. I feel IDBI federal has cheated us. There are couple of customers in Tinsukia who are struggling for more than 1.5 years just for the claim. I...
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G
gbhumi45
from Mumbai, Maharashtra
Jul 8, 2015
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[email protected]

Address: Mumbai City, Maharashtra

Dear Sir/Madam, The IDBI policy numbered – [protected] was issued in favour of my mother Mrs. Pratibha Varshney on 30thJune, 2014. The details of original policy were as follows: · Insured Person’s Name: Pratibha Varshney · Proposer’s Name: Ravindra Kumar Varshney (changed by forgery to ‘Pratibha Varshney) · IDBI Federal Manager’s Name: Shanthi Yagyanath (Manager’s Code no. - [protected]) · Agent Name: [SELF]...
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G
girish_raut2006
from Mumbai, Maharashtra
Mar 17, 2015
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Wrongly feed information for my insurance policy

Address: Mumbai City, Maharashtra

I was applied for new insurance policy in IDBI Federal Insurance Company for my insurance. Contact person names: 1) Mr. Rajiv. Cont. No. [protected] 2) Miss Parul Verma: Cont. No. [protected]. Agent Code[protected] They feed wrong information about my contact number, my work and some other things. They also make duplicate sign of mine. I want to close this policy and want return my amount....
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M
Mahendra 1965
from Mumbai, Maharashtra
Mar 9, 2015
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complain regarding policy

Address: Lucknow, Uttar Pradesh

Dear sir, I have two policies- policy[protected], policy2- [protected] premium of these policies were due on 2nd march 2015 for this I submitted two cheques amounting rs.12000 in IDBI bank branch indira nagar lucknow on 1march 2015. The lady on the counter told me that take the receipt(acknowledgement) on 7th march'15. Today is 9th march I haven't received any receipt neither my cheque was submitted. I reminded them on phone many times...
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V
vinay66
from Kanpur, Uttar Pradesh
Oct 27, 2014
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Relieving letter ,FNF and Reimbursement

Address: Lucknow, Uttar Pradesh

I was working with IDBI FEDERAL Life Insurance Com. Ltd. I resigned on 10 June 2014 and got my fnf and relieving letter in the month of october, I have send almost 100 mails for my relieving letter and fnf My reimbursement and hardcopy of experience letter and relieving letter still pending . . I could get the job because they have not relieved me for last 4 months. Now I am following for my reimbursement sir please tell me how...
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V
visha28
from Kolkata, West Bengal
May 6, 2014
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Refusal of Policy Cancellation

Address: Kolkata, West Bengal

I purchased a home loan from IDBI Bank which came with a bundled life insurance policy. I called up the helpline and dropped an email within the free look period to cancel the policy but they have refused to do so. However, while being sold the home loan I got it clarified that I can cancel the policy within the free look period. They do not respond to the queries on time and have not responded to my last communication. Policy Certificate...
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R
Rinku Sinha Burma
from New Delhi, Delhi
Apr 1, 2014
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Cheating by IDBI Federal Sr. Manager Chandar Shekhar Singh and Miss-selling

Address: New Delhi, Delhi

My complaint is regarding IDBI Federal Insurance company and its Sales Sr. Manager Chandar Shekhar. He miss-sold me a policy whose details did not match with one that I received at home. Policy Description at the time of Sale ******************************************** He offered me a policy, which returns double than the invested money within 5 years term. He gave me an example of INR 50, 000 premium/year. The benefits discussed...
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