[Resolved]  Paisabazaar.com — Complaint against PAISABAZAAR

Axis Long Term Equity Fund - Direct Plan [protected] which is long term fund. When I have taken this MF on September 2018 the executive has informed me that this MF is in 3 years lock-in period and after completion of 3 years i can redeem this fund. Now, when 3 years were about to complete one fine day i called on their customer care number regarding redemption procedure so that i can take action well in advance but now a new term came into light i.e. ELSS funds each instalment is in 3 years lock in period that means you pay for 3 years then weight for another 3 years means after completing 6 years you can finally withdraw your whole money. And to add on this they won't even provide you the telephonic communication held with their executive stating that its beyond their policy. But they forget that if 2 persons come into an agreement its their whole responsibility to provide the verbal communication agreement to the 2nd party also.

And would like to mention that their executives don't share full information with their customers they only try to make people fool as once you have invested you won't go anywhere as you are not aware about their fraud.

And they are making it practice and I should say that it is the fault of the company as they are not providing proper training to their Executive and they only know to cheat their customers. So, I have already started communicating to my friend circle and friends that don't invest through Paisabazar or Policy Bazaar they both are frauds