SBI Life Insurance Complaints & Reviews

Respected sir,

My name is ajay kumar shrama. I have joined sbi life insurance as a agent before 8 years back. I have not doing any work in the company. My license validity also expired but my pan no looked up in irda portal.
Applicant name - ajay kumar shrama
Fathers name -
Dob -02/07/1981
License no -
Agency code[protected]
Pan no - cjips2438b
Date of appointment -01/04/2015br...

Dear concern.,
I have taken money back policy from your company policy no. 1n[protected] for 12 years of term and i was about to recieve my 1st money back in the month of dec 2017 but i have not yet received any amount for the same. As i have enquired about it in your nearest sbi life branch they have said that cheque was issued regarding the same but i have no information related to that.

Kindly resolve the issue as...

I have received a phone call regarding the sbi insurance policy. Sbi agent (Ramesh kumar pal) misguided me about the insurance policy & did fake commitments regarding the policy. Now i come to know all his cheatings.
I want to cancel my policy with the sbi. My policy no. Is 1b[protected]. This policy is five year old. I have paid premiums for 5 years. Please help me in this matter. Please call me at [protected] for more information....

Dear sir,
I am suri babu mypala,
I am not the policy holder on sbilife but amount debited in my account without any intimation and dont have the transaction number on bank statement please check and refund my amount to the account.
My account number : [protected]
Transaction date :[protected]
Debited : sbi life - rs.6000/-...

सेवा मे
महोदय हम ने sbilife smart weaith builder करवा जो कि पिता का नाम गलत हो गया मै ने लिखित शिकायत यस बी आई शाखा प्रबंधक पट्टी को दो तीन बार लिखित मे दिया लेकिन कोई कार्य वाही नही किया अतः...

My loan a/c no. [protected]. I opted for SBI Rinnraksha (A/c [protected]), Valued for 20lac coverage of which the premium amounting 33080/-. After my 1st installment payment(6616/-) for the policy it has been stopped without informing me the particular reason. The agent Mr Prasanta and SBI Life person Mr Partha of burdwan branch pressurized me to reopen the policy with higher amount premium for the same coverage.
Can you answer me...

I take a policy of sbi life. I was told a 70 perc guaranteed return in 7 years but after 1 year i came to know it was fake. They give a bonus of 4 perc which is vested. On total investment of 3.5 lakh for 7 year i will be getting a max of 3.8
When i am asking for withdrawal after 5 year they are deducting 30 percent
Being a risk free policy they have no right to deduct after the locking period
This is a big fraudulous...

Sbi life shub nivesh whole life plan (111n055v01).

In above mentioned policy there is no life covered. They are only providing the sum assured at the end of maturity/death. There is no death benefits and policy has been sold in the name of whole life plan life insurance. Interestingly irda approves such a policies! Is irda concerned of indian citizens security or is actively regulates the all the insurance policies india. Its...

I have taken the above said policy..this policy was given with complete false information, i have enquired regarding this policy and came to know because of advisor benfit, policy was given to me..Then i opted for FLC on 17-08-18, as per FLC, i have to get my money back with in 15 working days, but still now i have not received the money and there is no proper communication channel for this, after opting for FLC received acknowlegement, when...

Is money safe with the custody of sbi group of companies? This crucial point now comes ahead following an incident may be had as here-in-under:
Mr. Nipun sharma of sbi life sent an e-mail to me that as per my request id 9301795, the refund for cancellation of proposal no.1har109048 has been deposited into the a/c no. Sbin[protected] which is not at all of mine, as such your esteemed institution usually transit one's deposit into other's...

Dear Concern,

Captioned Consigment no. sent on date-05.07.2018 to below address:-

Usha Parivallal
Senior Associate - Claims
SBI Life Insurance Co. Ltd.
8th Level, Seawoods Grand Central, Tower 2, D wing,
Sector 40, Plot No.R-1, Seawoods, Nerul Node,
Navi Mumbai- 400706.

But on the delivery status is reflecting as delivered name- Omprakash, location-Mahape,...

I am policy holder no 1N[protected] as i have misleaded by agent and initially primum debited from my account by ECS for 6 months after that I have blocked my Ecs of Rs 3929/_ in SEPTEMBER 2018 by the written application . After that no deduction was done from SEPTEMBER to FEBRUARY. Now SBI LIFE has forcefully debited the amount of Rs 24218 on 3rd March 2018, Rs 3945 on 24th April 2018 & Rs 7922/- 6 June 2018_ without any ECS MANDATE or any...

I am policy holder no 1P[protected] as i have misleaded by agent and initially primum debited from my account by ECS for 3 months after that I have blocked my Ecs of Rs 5240/_ in march 2018 by the written application . After that no deduction was done from April to June. Now SBI LIFE has forcefully debited the amount of Rs 15717/_ without any ECS MANDATE or any Information about that . Who has authorised them for this forced debit ?...

Sir, i was a member of swadhan yojana since 2008 i have applied for surrender value of same on feb 2018 to sbi life farrukhabad through mr amit kumar mob no [protected] who works at your sbi life farrukhabad. But till now no resonce after three month he directed me to mr. Praveen dubey mob. No.[protected]. Before three days he wrang me and said that he send my payment twice but it is returned back because i have given the details of my bank,...

Sir, My SBI Life policy No.[protected] and [protected]. I am intimated about excess refund and requested to submit required douments for direct credit into my bank account. IN compliance with their letters I submitted required documents to the nerest SBI Life Branch, i.e Tuticorin SBI Life Branch on 26.4.2018. They informed me that the excess refund would be credited into bank account within 15 days. But not yet credited till date. It is...

My email id registered with u is incorrect it should be virendr. [protected]@gmail.com instead of grendra. [protected]@gmail.com

My policy no [protected]& customer id is 44213882 i want to know that whether my policy is related to my home lone which i borrowed from sbi kota or it is a purely term plan. No one is able to answer on toll free no [protected] plz reply at the earliest
Presently my life cover is up 2026 i would like...

I have been regularly paying my Policy premium against SBI Policy number [protected] till around Feb 2017 via ECS from my Citi Bank account.

Since i had to change my job, i had requested for a bank account change from CitiBank to HDFC bank via SBI defined process ( filled forms and submitted all required documents, cancell cheques etc...) I had also submitted cheque of Rs.60, 000/ at the time of Bank change as asked by SBI...

I took sbi life insurance few years back.

Once wanted to change mode of emi from monthly to half-yearly. Went to their office in bangalore and given the request. It was not resolved for 2 months.

Wrote mail to customer care, called them in personal. Final answer is - backend team has to fix it but they are not fixing. So no coordination with in front and back end team of sbi life.

Asked them to...

I am working as insurance agent for the past one and half year in the sbi life insurance office located in pondicherry. I had put one policy before one year in my husband name. For that I will received my commission amount to that premium in first year. But second year after paid the renewal premium I never got my commission. Before 9 months I would like to put one policy in my mother's name. For that I was given money 20000 to my policy...

Dear sir/ma'am,

I am writing yet again to resolve my complaint no. 08981073. This is regarding the surrender of my sbi life policy no. 1b[protected]. I surrendered the policy on 27 march 2018 but still have not received the amount in my account. It has been more than a month that i surrendered the policy and i required the funds. What kind of a shoddy service is this?? Request you to process my amount and not compel me to take...