SBI Life Insurance Complaints & Reviews

My early premium for SBILIFE UNIT PLUS II pension policy is Rs.50000/= and surrenderde the policy after completing three years. They deduced some units as service charges and and finally gave Rs.1,40,000/= as return.If have invested in other finacial institution or in SB account i might have got atleast 10000/= rupeees as intrest in three years.Is it a punishment to save in mutual fund like this?.At least they should not deduct the units...

I had taken the housing loan from SBI A/C: [protected] and to protect the housing loan SBI has provided a housing loan insurance policy. for insurance policy I have paid the premium of Rs. 20000/- for 15 years. Now I have repaid the full and final payment of SBI housing loan in 4 years and my loan a/c has been closed on 24/02/2011. I have surrendered the insurance policy into SBI Life Dariyaganj office to Mr. Himanshu on 01/03/2011. Mr. Himanshu...

I am Mr.Devendra Kumar Sharma ,policy holder of SBI Life Shubh.My policy number is “[protected]”.I had this policy through agency “Unicon Investment” situated near Karol Bagh metro station, New Delhi, through your agent Mr.Anil Kumar. According to the statement of Mr.Anil Kumar policy’s conditions were that on the occasion of Deepawli If we purchase the policy for five years on Premium of Rs 30,000 per annum, we will get guaranteed...

I have been cheated by your agent.
I had invested in this scheme on 23rd.Oct.2010

l had made a policy in the Co. and the agent tell the false insurance amount
So I had submitted the bond under the free look period but Tell me about this immediately.
I am attatching the proposal no.[protected]
the Co. had deducted Rs.228 from the amount and the agent said that full amt. will be paid in FREE LOOK PERIOD.br...

Sir
Yestuday I have recieved the call from SBI life Insurance Jabalpur they said that we are calling State bank not SBI life Insurance after that they give me the proposal racring policy and said that you invest 5000 per month after 5years you will recieved 407000rs. and cover up 100year life insurance without any extra premium. when advisor came from SBI Life Insurance he said that no you will get amount aprox 385000rs. when...

Dear sir,
I regret to inform that i am a CIF having no[protected] and qualified MDRT in the year 2009. I have been told about LIFE PLEASURE POINTS by the authorities of SBILIFE. For this they had given me ID & Password. My ID was 00_[protected]_CIF. This i could get vide your letter. I tried to login in your site sbilifepleasures.com and tried to book my life pleasure points but could not succeed. At last I handed over the letter...

I have been following to SBI insurance Company ragardine miss selling of Lifeinsurance product since 2 years. Now they have replied below mail but now i need my premium amount with interest so My earnest request to you help me to getting my money.

Why should we bare NAV adjustment amount ????? becauase you are investing amount in market not we and also we have been thinking investing in fixed diposit not in market. your...

I was contacted by India Infoline brokers ltd about a policy called Shubhnivesh. The agent's name is Shafi.
I was told that at the end of policy paying term of 5 years, Sum assured would be 7.25times the principle amount. I opened a policy of [protected] and paid a premium of Rs 30,000/-. But I see on the policy document and the form that was filled to open it, that the sum assured is Rs. 1,31,000/- where it should be Rs.2,17,500/-br...

I am Pratik Jian I joined SBI life on 30 sep 2008 and regined on 2 nd of march 2010. my employee code was 10115. my complain is that, till that i didnt get my provident fund amount i send him all the formalities before 6 month but till date i didnt get it


plz help me

Regards
Pratik Jain
[protected]
Pratikjain.[protected]@gmail.com...

The premium for my SBI life insurance policy No.[protected] was due on 17/04/2011. A mandate has been registered with SBI life, Nungambakkam branch for automatic debit of the quarterly premium amount of Rs. 15,000/- from my SB account maintained with SBI, Nungambakkam, but as on date the policy status shows that the premium is still not collected. SBI life may kindly initiate immediate action for resolving the issue....

Dear Sir,

I am ramesh jadav from surat.i have taken SBI life Insurance from Net ambit noida base broking firm. One day call comes from noida saying that their calling from SBI Life Insurance head branch. They explain that you invest 36000 yearly for five year and you will get 350000 guaranteed. But when I received bond, it is written that I will get only 125000 + bonus, which is less than what I am paying in five year. When...

To
The Concern person,

Sir,
With Due respect, I inform you that I made one policy in your Company for Rs. 3,00,000/- where the 1st premium was paid through Cheque drawn on Allahabad Bank, Baidyabati Branch Hooghly bearing Cheque No. 336269 and 336270 dated 10.03.2011. The insured Person Name Swapna banerjee.

But due to an urgent financial requirement for the sickness of my family member, I am compelled...

I had paid my premium on[protected] by SBI Online payment mode through ATM cum Debit card and the succesful transaction reported back through online and SMS alert by SBI.It was reported that Premiun payment receipt can be downloaded after three days of payment of premium but i an unable to down load the premium payment receipt.Can you send the same to my address through post.

Thanking You,

B.Hemantha Rao
Policy...

5th March 2011
To,
Branch Manager}
508, Krishna Apra Business squared
0-4, 5, 6 Netaji Subhash Place
New Delhi
Sub:-SBI SUBH NIVESH INSURANCE PLAN
RISir,
I am very sorry to write you,I have applied for 581 SUBH NIVESH INSURANCE PLAN in the month of De,
2010 for that cheque no. 316035 dated 29/12/2010 581 Distt court Rohini branch Delhi for al
amount of Rs. 50,000/·was...

Respected Sir/ Madam,

My late father has taken home loan from SBI and the option of insurance from SBI Life was opted by him at the time of loan and the amount of insurance was paid by him in March, 2006 as one time premium and now my father has left for his heavenly abode on 17th Jan, 2011. I have informed the Banks officials to adjust the unpaid premium against the claim of his above mentioned policy. After about a week the...

i got my id and password of sbilifepleasures being an employee of SBI engaged in Insurance.i also reedemed some gift cards and got it.But on 27/02/11 when i tried to login to sbilifepleasures.com my password have been shown as invalid although i am confident of my password.Moreover there is a footnote asking the persons to contact help desk for getting a new pw but no contact no have been provided....

One Mr. Patni from SBI Life insurance called me and told that if you invest Rs. 30000 in SBI Shubh Nivesh then at the end of 5 years you will get Rs. 255000. When i asked for the details then he told me that it is a scheme and he gave the scheme code no also. but when the policy document came nothing of this sort was mentioned. When I contacted him he told me that a separate statement will come. But nothing has come till date. what can be...

Dear Sir,
I am Branch Manager of State Bank of India,Kodiyala Branch (Code No.8039) in Mandya District of Karnataka.I am unable to redeem my CIF reward points online.Whenever I access and try to choose the product the "Add to Cart" menu doesn't appear at all.How do Iovercome this problem? Plese help me.

Yours Faithfully,
SRINIVAS B.S.
CIF CODE - 00_16502710_CIF...

I Attempted SBI LIfe Insurance (Agency) qualification Exam , however could not pass it. Now i plan to join LIC in stead. I Have visited SBI Life Insurance, bihar sharif , Dist:- Nalanda Bihar. and have given request in writing for cancealation o[censored]RN . Manager in stead suggested that it gets automatically cancealled over a period of next 6 months. Kindly help me .

NAME :- HIRA LAL
ADDRESS:- HARNAUT ,NALANDA ,BIHARbr...

Hello Sir,

I am pankaj My policy no. is . I bought two policy of your sbi.The agent told me that i can withdraw my money after 1 year and he did many commitments with me but now he telling me different things as he said me before,now i cant continue my both policy i want to surrender one of my policy which no. ,i already requested to surrender it in november month and i did all formalities like form fill up and my policy...