[Resolved] Max Life Insurance — co.calculate loan interest 20%payable for me.

Chk.

from Mumbai, Maharashtra

Address:	400089
Website:	MAXLIFE

Sir, i taking loan on my policy no.[protected]/[protected] max life dated11sept.2013 and pay loan plus interest 10000+6412=16412*2=32824as per instructions given by co. Representive. I pay by chq. No.602688 sbi bank dated 8th. August 2018.co. Taking rs. 21525for policy no.[protected], and other policy no.[protected] unpaid, balance amount return by chq. No.872417 rs. 11299/=that means interest rate more than 20%how it possible. That chq. I will return back. Please take seriously auction
Thanks.
Shirish kulkarni
[protected]

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Nov 5, 2018

Complaint marked as Resolved

Max Life Insurance customer support has been notified about the posted complaint.

Verified Support

Oct 01, 2018

Max Life Insurance Customer Care's response Dear Shirish, Thank you for sharing your policy details with us. Our customer representative will connect with you shortly to address your query.
Regards,
Team Max Life Insurance

Verified Support

Oct 05, 2018

Max Life Insurance Customer Care's response Dear Shirish, As per your discussion with our customer service team, We request you to share your consent for stopping the cheque for an amount of Rs.11, 299.49 dispatched on Sep 25, 2018. Post receiving the confirmation we will stop the cheque and allocate that amount towards the loan re-payment as per your request.
Regards,
Team Max Life