Reliance Capital — fraud in the name of loans against insurance policy in the name of reliance

Address:	Meerut, Uttar Pradesh, 250004
Website:	No website...against fraud calls

Dated: 25.02.2018
Dear Sir / Madam,
I, Kusum Tiwari w/o Arvind Kumar Tiwari r / o Meerut, want to inform you that recently my husband came into a loan scheme, which was described to him by two of your company representative named Ms. Komal Verma and Mr. Sanjay Awasthy (as told by them) and their telephone numbers were [protected] and [protected].
They told my husband about a loan scheme which your company (Reliance) provides against insurance policies (which should be either purchased from HDFC or from Bharti Axa or Future Generali). Since my husband is a senior citizen therefore Mr. Sanjay Awasthy suggested him that he should first get insurance policy (HDFC Life Classic Assure Plus Policy) in name of spouse with a premium of One Lakh per year. He explained that after getting the policy bond the Reliance Company will send an agreement paper. We had to send back the agreement bond duly signed with the policy paper and immediately after that loan amount of Rs. Twenty Lakhs will be transferred into our joint bank account. After receiving the loan we will have to purchase one another insurance policy with a premium of One Lakh per year, so that two insurance policies could be mortgaged together against the loan amount.
But after the first policy has been done, one another representative of Reliance Mr. Amit Chaudhary( as told by him, a SRM) called us informing that due to RBI there is a problem in sanctioning the loan. But it can be done if we go further for another policy. Firstly, my husband refused but since we were badly needing a loan of Twenty Lakhs, he agreed to go for such lucrative loan scheme and that’s too having trust in the name of reputed company Reliance.
Since we were in the half way, so we had to go further for making another policy. This time from Bharti Axa. But as soon we got our second policy done, neither any agreement paper came nor any loan was sanctioned. When I reminded / requested them repeatedly for the same they kept on promising only that things will be done today or tomorrow. Meanwhile several calls from different numbers came for many verifications, like policy confirmation, third party verification, account verification etc.
One fine morning Mr. Amit Chaudhary (phone numbers---[protected], [protected], +[protected] and [protected]) called upon my husband and told that if I give a reference and if that person also goes for the same loan procedures your loan will be transferred to your account immediately. I was in a big mesh. But finding no way to get out of this situation gave my relative’s number. My relative also bought a policy from Bhart Axa . But as my relative bought the insurance policy, they stopped picking up the phones. Not only my phone but of my relative’s too. Not only this they changed most of their landline numbers. And if sometimes they picked up their “on” mobile numbers or one or two existing land line numbers, they did not answer us properly. Either they were in meeting or sick or out of station.
Finally, we have decided to go for registering a complaint against them as well as a FIR for Fraud and Defamation (in reference to my relative’s annoyance I have all the recording clips as proof. But before going into court I want to request you to please take strict action against such frauds from your own end.
Thanking You.
Yours Sincerely
Kusum Tiwari
w / o Mr. Arvind Kumar Tiwari
Meerut[protected]
Mobil # [protected]
e-mail address: [protected]@yahoo.com

PS---1. My first policy of HDFC is done through “PEACE WORTH INSURANCE BROKERS PVT. LTD.”
(e-mail: [protected]@peaceworthinsurance)
2. Second policy of Bharti Axa is done through “SMC INSURANCE BROKERS PVT. LTD.”
(e-mail: [protected]@smcinsurance.com)
3. My relative’s policy of Bharti Axa is done through “PEACE WORTH INSURANCE BROKERS PVT. LTD.” (e-mail: [protected]@peaceworthinsurance