SBI Life Insurance Complaints & Reviews

RESPECTED SIR/MADAM,

PLEASE FIND MY COMMUNICATION DONE WITH SBI AS WELL AS IRDA REGARDING REFUND OF MY HARDLY EARNED MONEY ENGAGED IN FRAUD SBI LIFE INSURANCE POLICY, YOU CAN CHECK THE WHOLE DETAILED MATTER I HAVE WRITTEN TO THEM BUT NO POSITIVE ANSWER OR MONEY CAME BACK TILL DATE. YOU ARE REQUESTED TO TAKE THE MATER TO HIGHER AUTHORITIES TO HELP ME.

WARM REGARDS,
MALKEET SINGH
[protected]
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I WOULD LIKE TO INFORM YOU THAT MYSELF MAMTA AHIR, INSURANCE ADVISOR OF SBI LIFE INSURANCE COMPANY LIMITED, BRANCH –BHILAI, CHHATTISGARH .IA CODE[protected].MY UNIT MANAGER IS SHRI SUDHANSHU BANSAL AND THA BRANCH MANAGER IS SHRI VINAY PATHAK. I HAVE DONE 50 NOS. OF CHILD PLAN POLICY IN 2008.TOTAL BUSSINESS VOLUME OF 50 NOPS IS ARPOX. - 7 LACKS. TILL DATE I AM NOT RECEIVED ANY COMMISSION.I TALK WITH UNIT MANAGER & BRANCH MANAGER TIME...

This is Padma. 3 years before ,an employee of SBI bank explained about the SBI LIFE INSURANCE-SMART ULIP Policy Scheme. He explained me the plan as: You have to deposit 3 installment of Rs.50,000 for 3 years and after 5 years of time period you will get the money back the amount would be nearly Rs.300000. Then he told me that once you put the policy then only we ll get the policy book,we just trust him so we joined 2 policy. Now the policy...

i had receved our policy no [protected] customer no 25012400 dt[protected] sum assureed Rs 50,000/- We have to say the agent told us three years paying term 11.50%interest plus .25% additional along with acidental n health plan upto Rs 5 lacs n can take out our money after three years with interest .
As we have been cheated n some of the information r wrongly written we have one sbi life insurance policy of rs 15,000/- frm 2010...

Sub: NON- RECEIVE OF SBI LIFE POLICY DOCUMENT
RELATED
Sir/Madam,
Respectfully I am to state that I had availed a personnel Loan for Rs 2, 60,000/ in 2010 February last from your branch. The Insurance Officer o[censored]nder your disposal assured me and get signed in Policy documents for Rs 22200/-being one time installment policy, and the said amount was deducted from my saving passbook for that purpose.br...

Myself Sanjay Gupta, Govt. Employee at Rohtak reserve a SBI Life Insurance Policy No. [protected] annul premium Rs. 12000/- in 2008.
After two year in 2011 I have not deposited the annual premium now I surrender my policy and I got Rs. 23342/- but I deposited Rs. 24000/- in two years.
When I book my policy, Agent told me that when you will surrender the policy after 2year or 3 years no charges will be claimed and interest will...

I was informed by a tele caller about the Shub Nivesh Policy of SBI Insurance where the period informed was payment of Premium was 3 years & maturity after 5 years, Insurance will continue till 12 years.but Policy recd had been for payment of Premium was 12 years,& maturity amount also not specified,agent detials were fictitous,agent's where about not known.

I have discussed with all the senior person & they...

My complaint regarding above said policy for Unit Plus III Plan is as briefed below:-

-Myself Suman Arora received a call from Ms. Pooja Sharma(Mobile No. [protected]), who is in association with Anil Mehta, Mobile no. [protected], informed me about my interest about short term plan in March'2010. She informed me that SBI has Unit Plus III plan wherein minimum annual premium i have to pay is 30,000/- and after regular payment...

Dear Sir

I had applied for PF Withdrawal in my previous company SBILife Insurance Co. Ltd. on November 2011. I had received confirmation that they received my Withdrawal form and the same is in process. But now almost more than I year passed away and i did not receive my PF Withdrawal amount.

I had tried lot of times to communicate to HR through Email and verbal but neither they replying properly on emails or...

my name is hari singh meena from Dausa rajasthan. has paid renewal prenium policy no. [protected] by SBBJ Bank Branch dholpur cheque no. 559115 date 10/12/11 amount 25000/-. but policy is not running. i inform SBI Branch Morena office many time but i'm not satisfied. plz do me favour.



Hari singh Meena...

[protected] is policy no
invested 6.75 l and now fund is 3.5 l
health load they say is 28000 and with [protected]@pa peimium...

I am Akansha . I had taken a policy of Rs/- 20, 000 ( Subh Nivas) in the
month of Oct 2011 on my name . It's been almost 3 months and Up till now i
have not received any mail or hard copy of my bond papers. This is really very disappointing .
I have been following up with them from then on - wards but still not got any response from them . Please help me to get my amount back.

My details are -br...

sir,
sbi life brokers agent from embee brokers approached me for sbi life insurance . He promised us a gold coin if we invest one lakh in policy and we shall get interest of 12 % per anum . Now we have come to know that if we invest one lakh per year for five years then we are going to get only 4 lakhs back . I AM A RETIRED PERSON . I want my money back.
I never thought that brokers of such a renowned company can act...

Dear sir,

Sub: SBI life insurance cheated us by seling wrong policy

I am Mr Ashok Nagpal from Mumbai was cheated by SBI Life insurance. Mss Shakshi from SBI Life Insurance has called on my mombile to sell her policy, we liked that policy and asked her to explain further she did and we liked the policy and ready to buy it . Then she just sent a form to fill it that contain my name, address etc my all detail...

Sir I Prem Kumar S/o Late Kishan Swaroop, R/o 12, Sadaverti, Azamgarh. I have purchased some policies in SBI Life Insurance from Azamgarh Branch. But I was shocked when our legal advisor read these policies because i have been purchased a single premium plan and he gave me the regular premium plan. Some points are mentioned below please read and justice me.
* In the month of June 2010 dated 25th Mr. Ganesh Chaurasia, Licensing advisor...

Respected Sir/Madam,

With due respect tha I am policyholder of oPolicy No.[protected] Money Back Plan of your SBI Group, but sorry to say that I am not satisfied for your agent commitment. I told me Mr. Ravi Sharma (IA & his senior Mr. Mohit Goel that my policyi is only for 5 years period but is not truth, my policy is made for 15 years, it's cheated me.

After that I told by phone Mr./ Ravi Sharma &...

Dear Ma'am / Sir


All this stared when we received a call from an Employee of SBI Life (Ms. Neha & Mr. Akash Contact Number [protected] & [protected] resp). They said that they want to come and collect an installment for SBI Life policy - Shubh Nivesh Whole Life Plan as the amount is due.

We recently have changed our residence address, so we asked them to help us in changing the same in policy's...

Akash Deep Gupta on Nov.27, 2011


Not received premium payment receipt for year[protected] for policy no. [protected] due on[protected]

I had paid my premium on[protected] by Online payment mode through SBI Net Banking under Transaction Ref.no.MSBI[protected] and the successful transaction reported back through online and SMS alert by SBI.It was reported that Premium payment receipt can be download after...

my policy no.[protected],mr.ghanshyam kasturchand mehta,plan.sbi-life-sudarshan planA,sumassured 50000.00rs. date ofcimmencement 9/792005 than till date we will pay regularly Rs.308.00 premium ,by online cut in my selary a.c. in sbi surendranagar branch.our agent is MR.ABHILASH PANCHOLI.
My complain is that sbi life no give me intimnation or information for primium monthly rs.308 is now 309.00 paid by me.
CURCULAR OF ERDA...

dear sir,
INDIA INFOLINE INSURANCE BROKERS LTD (CODE[protected] approached me to do sbi life & offered me a free tour of 3 nights if i purchase policy of rs 50,000........accordingly, i paid rs 50,000......& they assured me a free tour within 1 month.6 months have gone & they now refused to offer me the free tour.

this is a case of cheating & sbi life insurance,despite my repeated intimation about this...