[Resolved]  HDFC Bank — Fake offer for personal loan of 100 % of your Sum insure @ 0 % ROI for 10 years against hdfc life jeevan samruddhi Policy.

Even I got a similar call as explained above. The girl Pooja ([protected]) said that she is calling from HDFC bank office in Delhi. She offered me personal loan at the fixed interest rate of 8.5% . Considering the current market rate for personal loan (no less than 12%) I found this offer interesting. I even asked her how can they afford personal loan at such low rate. To this her reply was 'Its only possible because we are contacting you directly from the main branch, if it originates through agents/ local branch then we need to pay their cut as part of commission and this in turn reflects into the increased interest rates.This sounded a little fishy. Also when I asked her how did she get my number, she replied that even though you do not have an account with HDFC, we still get information from other banks giving us a list of potential loan customers based on their transactions and balance. (??!!)
Just to know what's this all about, I told her that I would like to go for a personal loan of 3 lacs. She then asked my take home salary and enquired about any other existing loans. After I gave her the numbers, she said that I can easily get the requested amount in 18-25 days after I submit the documents (pan card, address proof, bank statement for last 6 months, photos) . But since this is a loan against policy, I will have to deposit 10% of loan amount initially with the documents. This amount will be returned to me after 3 months from the date of loan disbursement. She also said that there is no chance of deceit as I need to draw cheque on the name of 'HDFC life insurance company ltd.'
She said her senior will call me soon to give me emi related details.
In about 10 minutes, I got a call from some Nandini who apparently works from Delhi HDFC office at Karolbagh.When expressed my concern regarding her authenticity, she got a little upset. But she quickly regained her calm and said if you have any doubt, just see the id card of HDFC personnel who will come to collect your documents.I said I would rather go to the bank myself. To this she was a little hesitant.
I even observed that these people put your call on hold/ repeat the same questions periodically when they are not sure how to answer / process. My guess is they work in groups and go to each other for help when they are not sure what to answer. Son when I insisted on going to the branch, Nandini said you can go to HDFC life insurance bank and submit the papers, no problem but just don't talk to the bank people about this loan as they will ask for their cut (??!!!???)
This was two days back, I have been getting follow up call from Pooja everyday since then to know the progress. She said she will keep in touch with me till this is done. Again to know the truth, I expressed my concern that even if I go to HDFC life insurance and submit my documents along with cheque, what is the guarantree you will give me loan. Because as per your suggestion, I am not supposed to talk to branch regarding loan. I may just end up getting life insurance policy from HDFC (which is useless for me) and I may never get a loan.To this she hesitated a bit, repeated my question and replied with this answer. ' I understand your fear, but after issuing the cheque, you have a 35 days period in which you can cancel this policy. If you don't get loan by 20 days, you can cancel the policy and get your entire money back.'
I wanted to describe this incident with as much details as possible because 'THIS IS A SUGAR TRAP. NO BANK CAN GIVE PERSONAL LOAN AGAINST POLICY LIKE THIS AT SUCH LOW INETERST RATES.PLEASE DO NOT FALL PREY TO THIS.USE YOUR LOGIC EVENTHOUGH THE OFFER IS REALLY LUCRATIVE AND YOU ARE IN DIRE NEED OF MONEY'.
I am still in touch with these people and would give an update on the same.

i am also fallen pray to such people. i also got a call of similar kind. Agent told me that they have taken approval for my loan against my policy. they convinced me an i took a policy of Rs70000/- per annumn. They are a full gang. when i got in doubt i went to meet them on the place from where they used to call me. But i did not find anybody on there. The person who treated like head of others was also one of them.

I doubt if HDFC is also with them, because after several requests they are not taking any action against them. I have even the recordings fo these people. So this is a trap and dont fall prey to them.

Once i get my money back from HDFC Bank, then i will also shoot a case against this bank, because for proofs i have all the recording of converstaion.

Hello,
Also received similar kind of call from phone no. [protected], , [protected]...1st person explained the same story with minor change. (i.e. Home Loan @3.5% against policy) The name of these guys as per thier information on phone are as 1. Karan 2.Pankaj Kapoor & their Head as Amit Agarwal.

I tried to get an official mail from them just to verify their IDs but these guys are so smart but still I got the mail from him the email ID of this person is amitagarwal.[protected]@gmail.com (it's a personal mail id only)

Now another thing is that these all guys have confirmed that they are employee of HDFC Standard Life & their official address is HDFC LOAN DEPARTMENT 3/4 radhu palace 1st floor gali no.2 west guru angad nagar Delhi-110092.

Hope it will help others to be aware from them.

I had also got call from such people from +[protected] and she was nisha jain and also given me her personal mobile number - +91 [protected], And they using treak to hide such scheme is do not tell to HDFC personal, or the varification call persons eighter they will be take a 10% commission from us so u will be get only 450000/- agains your 50000/- policy but i[censored] do direct from the bank then u will get 500000/- agains your 50000/- policy. and i told for the loan document then they will tell thats all document will attached by them.

So i told him for taking a policy from the direct bank and i dont want to pay any commission, so one HDFC bank representive was come to my home and policy related document collected. but after feel to such fullness i had stopped my cheque and also transfer money to my other bank account.

So kindly brware of such kind of thinks its all for only selling the policy only.

And kindly do all comment here who are receive such calls for the help to others.

I had also got call from such people from +[protected] and she was nisha jain and also given me her personal mobile number - +91 [protected], And they using treat to hide such scheme is do not tell to HDFC personal, or the verification call persons either they will be take a 10% commission from us so u will be get only 450000/- against your 50000/- policy but i[censored] do direct from the bank then u will get 500000/- against your 50000/- policy. And I told for the loan document then they will tell that’s all document will attached by them.

So I told him for taking a policy from the direct bank and I don’t want to pay any commission, so one HDFC bank representative was come to my home and policy related document collected. but after feel to such fullness I had stopped my cheque and also transfer money to my other bank account.

So kindly barware of such kind of thinks it’s all for only selling the policy only.

And kindly does all comment here who are receive such calls for the help to others.

they have offered me same, 10 times the premium that is pay 50000 first monrth and get 5 lacs and pay in interest free installments of 50000 rupees. ANd they hvae said that dont argue with agent when he will come for papers and not to visit bank/ hdfc stand life office as they are from loan department . I am waiting for him (their agent) to come to my place and then i will handover him to HDFC?police

I had received similar kind of call from cal centre no.[protected] for HDFC 10lac Intrest free loan. They ask me to take 1 lack insurance policy and promise me to give 10 lac Intrest free loan. Then they offer me to two options. One to process all transaction on line or through bank. They said.. they will be charging 15% fee i[censored] choose bank and if choose online then it free.
Just to cross check I choose bank option... then they just disconnect my call... now no baddy is picking my call...
So.. be aware of such fraud call...

Thank you guys. You all have saved me from falling as a prey on this trap. I also received a call from the above and was planning to invest Rs. 1000000.The name of the guy is Anurag Sharma. God bless you all.

Also I have received this type of call and after that when I express my doubt to her, she told me to cancel the policy within 30 days and I will get whole amount only 125 Rs less from my amount (300000 Rs.).But still I am not getting trust on them after seeing your commends. Thanking you all.

Add caller +[protected] to such fraudulent selling of HDFC Life Insurance!

Thanks to all who posted here.

Thank GOD i found this page. Today morning I got a call ([protected]) from a lady called 'Ankita', se said she is calling from the HDFC main branch and she wanted to know if there is any requirements of loan, i did not ask her about how she had my number as i hold a current account + credit card of HDFC bank, when i said no i am not interested, then she said what if you get it only for 8.5% fixed, now this was something really juicy offer, when i told her to explain in detail, she said you need to take a life insurance policy from HDFC, the annual premium should be the 10% of the required loan amount, for example if you are looking for a loan of 5 lac rupees then the premium should be 50 thousands rupees/year, first you have to take the policy which will be taken as security of this loan. then after 15 days you will get a call from bank to sign the loan agreement papers and again after 15 days you will get the loan amount. WOW very simple!!

BUT she said don't tell about this deal to the insurance department otherwise we will have to give them 10% commission which will be deducted from your loan amount.

She said her senior will call me for confirmation and to give a registration code which i have to mention on the back of all photo copies and also in the insurance registration form (i suppose this is nothing but just a referral code of this false agency, so that they will get their commission for fooling me and selling a useless insurance policy).

after 10 minutes another lady called 'riddhima' called me as a senior officer of the HDFC bank, she said as per the details given by me i am eligible for a loan amount up to 20 lac ruppes, but i said i will stick to 5 lac, then again she explained me everything like dont tell this to the person who will come to collect the papers, even if they ask you about any loan offer just say that you are taking this insurance for tax saving, otherwise we will cuit 10% from your loan amount. Even when the insurance department will call for confirmaion, you have to say nothing about the loan, talk about the insurance only but not the loan.

When they insisted again and again for hiding this deal from the insurance guy, i smelled a conspiracy in this entire process, i called one of my friend who work as an assistant manager in HDFC bank in mumbai, i told him everything about my conversation with these people since morning. He said he is not aware of such offer from bank where they offer loan against their own insurance policy that to for 8.5% it cant be true.

After much research i landed on this page, i said No to the person who was coming to collect the papers, and now as i am writing this comment i am continuously getting calls from ankita and riddhima.

i told them that i changed my mind and now i dont want any loan.

i big thanks to this page for saving me on last moment. and people just be aware of such offers, this is just a trick for these agents to sell policies and earn there referral commission.

i think the bank is not involved in this kind of false play, its just a marketing trick by the agents, that's why they always insist to hide this offer from the insurance department.

[protected]- sonal sharma supposedly...[protected] (dont remember the name ..was a guy) offering loan against life insurance at 8.5% . Asked me my requirement and told me to handover a cheque of Rs.50000 for the HDFC life insurance for the same. Thanks to all the above posts... prevented me from getting duped

Exactly the same as above... Sonal Sharma called me up and there is a whole bunch of cons trying to mess up your savings. Thanks to Rohit and Manasi for their detailed and clear explanations. The very moment they called me up, things sounded fishy to me. That Sonal Sharma asked me to keep everything from the HDFC LIFE personnel so that they do not come to know about the loan anr dont cut their part/commission.
The HDFC LIFE guy confirmed 10 times if someone promised me a loan against policy but I said NO everytime. Now after reading this forum, I believe that guy Rakesh from HDFC LIFE Pune.
This is a fraud. Lets keep away from them.
Thanks everybody.

I also got a similar call today itself from that bunch of crooks for load of 25 Lacs on annual payment of 250000 for 10 years and first payment of 250000 for buying this insurance policy. Initially had a word with an telecaller Karan from his number [protected] who then had arranged a call back for me for verification of our coversation. Then again i got a call from a person in same office believe who was Puneet Chopra from both his personal number ([protected]) and official number ([protected]). They are making false commitment to all for heavy loan amount against HDFC insurance policy.

HDFC should take necessary steps against that and should warn them for doing do if HDFC is not involved in all this .

I also have the address for their office which has been told to me by Puneet i.e. 52/12, Sec 58 Noida

Thanku guys, you have saved me, I have got similiar kind of call today from HDFC LIFE INSURANCE (M: [protected]). They have offered me same kind of scheme: Pay 10% of loan amount in advance as insurance policy and all the benefits of this policy will go to HDFC because they are not charging anything . After 45-60 days they will give me loan on 0% interest rate. 1st year no EMI because I will pay in advance and 90% in next 9 years. You can do prepayment whenever you want. It was very attractive scheme.

But every scheme where anyone getting a benefit on which no one can believe and 2nd you have to pay something in advance is doubtful, Thats why I check online and I was right they are fraud.

Now, they are coming to collect the docs and cheque, I will take firki.

Be careful in 21st Century, then no one can steal your happiness :)

All are frauds pls aware of these typs of calls

Does anyone here know how we can handle this and get our money back? I don't want to continue any policy with HDFC life.

In early 2013, I was looking for home loan. I got the call from the someone so called HDFC loan department. They offered me the personal loan at 0% interest for 10 years. So if I want 20 lacs loan, I will have to pay them 2lac each year. Explained me the following things:
At the start, I will have to pay first year's 2 lacs. With this amount they will make some policies with the sum assured of 20 lacs in 10 years. So I will just have to pay policy premiums. The sum assured + policy benifits will be taken by them as an interest after 10 years. They said that this will also come on the legal agreement papers.

This felt appealing to me and I paid them 1.30 lacs. They created various policies with this amount but never sent me any agreement. Till then, my 15 days lookup period was also over. I have trusted them which was my mistake. But when I called the customer care center, they said that the policies are given to me as per the verification calls. I had never recorded any calls. So I do not have the proof.

The contact numbers from where I received the calls are:
ANKIT JAIN - [protected], [protected], [protected]
VIJAY MALHOTRA - [protected], [protected]
RADHIKA VERMA - [protected]

Nobody knows who these persons are who called me for sale of these policies.

I had been in contact with Navin kumar Dubey for the issue. He must know some of these guys. Because, Ankit called me on 18th Jan, 2013 and said that he will sent the email with a form, where I had to sign and sent the copy back. I received that email from Navin's email address [protected]@hdfclife.in.
Navin Dubey
Sales Development Manager
Mb: [protected]
Addr: 35/36 3rd flooor, Suman Tower
Deep Centre Market, Ashoka Vihar
Phase I, Delhi 110052

The financial consultant details are:
Name Mr Harpreet Singh
Address Z 38 Vishnu Garden
Delhi
Pin Code 110018
E-mail singh.[protected]@gmail.com
Phone [protected]
Mobile [protected]

Somehow, I managed to reduce the yearly premium to 65000. But it's still the heavy amount for me yearly. I want my whole amount back with interest as I had been very tough time due to these guys. Please guide me how shall I go ahead with these things. I have sent several emails back and forth, but I got the same reply that the policies are genuinely given without making any false promises.

Not sure if these complaints get resolved anytime.

Hey Guys! I am from Delhi, I also received this kind of call and also give all the documents and cheque for this purpose. After reading your comment I am going to block the cheque.

Thanks all for your comment from saving me from mental trauma.

These guys will call you from[protected],[protected] and similar to this. If anyone call you for this purpose you just tell them i am ready to give you commission... then see what happen...