[Resolved] Reliance Life Insurance — Loan against Reliance life insurance policy

3 Reviews
Pune, Maharashtra, India
Reliance's Guaranteed Money Back Plan- Loan against Reliance life insurance policy User satish baburao and RLIC policy no.[protected] on march2014 i got call from Rahul sharma he is calling from reliance capital [protected] / [protected] Delhi.This person introduce herself as name Rahul Sharma and calling from Reliance capital.He told me about 5% interest loan against policy name Reliance's Guaranteed Money Back Plan. Rahul said me my senior calling you Mr. Navin Gupta (m.no.[protected]). He is telling me I'm senior manager of Reliance life Insurance/loan dept.He told me same Thing and convinced me fully on it. By several follow up with these people They convinced me to get 75000.00 rs cheque no.[protected] another cancel cheque 084948 with documents adharcard, pan card and 6 month bank statement sent Thru Blue Dart Currier ( Blue Dart [protected]_on dated 21/03/2014 at 7.30pa) sent to the address Reliance life insurance B-8b basement suneja tower 2nd distic centre janak puri New DELHI-110058 regards Rahul Sharma [protected] and 75000.0rs cheque 30Mar2014 Drawn on in the name of Reliance life Insurance co.and next day called me Navin Gupta his ph.no [protected]. Reliance Life Insurance of loan of insurance value at 5% interest for 7 years and you loan is sanctioned amt of R's 25, 55, 000 and said me you pay another 74998.00 Rs for security in Name of Star Investment Solution and he said me the loan amt paid your account within 20days and he also said after 2 days your amount is ready to disbursement .I will paid 74998.00 Rs and He taken me 2 cheque's Name of Star Investment Solution cheque no 100203 and another cheque no 084947 Thru Blue Dart ([protected]_on date 11/04/2014 & [protected]_14/04/2014). STAR INVESTMENT SOLUTION cheque no 100203 drawn on the date of 17/04/14 To APC Recd. At DLH - STAR INVESTMENT SOLUTION_100203. He sent me sms on date 31/03/2014 (Thank you for Choosing Reliance life insurance. Our Representative Mr./Ms. YASHWANT SINGH Will call for verification within 24 hours from ([protected]). Kindle accept this call and verify your Details. This call is can't come from Reliance life insurance. Reliance life insurance send me policy document policy no.51579209.I'm received and again Rahul Sharma is calling me and he said me plz send the document for security purpose than i will send the documents to Reliance life insurance policy document policy no.51579209. Documents Thru Blue dart ([protected]_29/04/2014) in name of Reliance life insurance B-8b basement suneja tower 2nd distic centre janak puri New DELHI-110058 regards Rahul Sharma [protected].He taken my account details for sending loan amount. He can't send any loan amount or can't take my calls and also star investment solution take calls but not give any information.I have photo of policy documents, So please Help me. I have Taken money from my friends.i have not money to return to my friends. I WANT JUSTICE.

Loan against Reliance life insurance policy
Complaint marked as Resolved 
Reliance Life Insurance call me but they cant take action on Star Investment solution. I am not satisfied with reliance life insurance. I am taking FIR on both.

Complaint Status

[Jun 04, 2014] Reliance Life Insurance customer support has been notified about the posted complaint.
Complaint comments  2 Comments     Updated: Share0Tweet0


Dear Mr. Baburao,

We sincerely regret the inconvenience caused. Further to your telephonic conversation with our service representative, we will get back to you shortly with a resolution.

Reliance Life Insurance
Dear Mr. Baburao,
I too got many calls from Rahul Sharma & Mr. Gupta explaining the same offer and he was insisiting to send a cheque of Rs.1Lacs favouring reliance life insurance company ltd towards policy against loan. I asked him to send me a e mail confirmation bt he kept insisting on the brand name of reliance that i should trust reliance.
i[censored] wanna get in hold of this guy then his number today is [protected] & [protected]
I am sorry for ur loss bt i am thankful to u that ur information saved my money

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    Reliance Life Insurance - Loan against Reliance life insurance policy