Bajaj Allianz Life Insurance Co. Ltd. - fraud by bajaj providing loan against policy
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Complaint by: manohar on June 26, 2013, 5:26 pm in Insurance All

i received a call in end of macrh 2013. they said they are the employee of bajaj allianz and you are selected and ask is there any loan requirement , i said a requirement of loan is there of 10 lac . they said ok we will give you a loan of 10 lac at 0% interest rate for 15 years .i ask what is security required . they said a policy has to be done on your name of rupees 76678 as security. i paid a cheque of same amount in name of bajaj. after 20 days i got a call from same person named manisha sharma and they said you have to say that satisfied with the policy . after the process of your loan will start with in 2 days and you will get the loan with in 10 days . After that june month hass come and there is no loan provided to me and when icall to bajaj customer care they said the free look period is over we can not do anything. the person named manisha has cheated and now they are not answering my calls as bajaj is not doing anything kindly take some action to refund my money back

Complainant's Goal: want the refund of my money as addmission of my son required sum back otherwise
Complaint Location: IndiaPunjab
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Recent Comments
56.
Fri, 25 Aug 2017  chandra prakash

Dear ,
i received a call from aug 23. 2017. they said you are selected and ask is there any loan requirement , i said a requirement of loan is there of 5 lac . they said ok we will give you a loan of 5 lac at 0% interest rate for 10 years .i ask what is security required . they said a policy has to be done on your name of rupees 50000 as security. he want cheque of same amount in name of Future generali life insurance Pvt ltd.
But i check on google about this i found this is totally fraud ..I have received call this no , No -011409580741
mob-********42

Dosto Please alert this type of call and inform to your Family .....

Thanks
Chandra prakash

55.
Fri, 25 Aug 2017  Chandra Prakash

Dear Customers,

Bajaj finserv Froud .

I inform you that we have received a call today from bajaj finserv that persons told me , you r selected for if u r required a loan , just i confirm yes i want loan amt 5 lack what d process and interest rate ,, he told me sir 0% interest rate n we r required only 50k of advance emi.u have pay emi in 10 year tenure . when i told can u provide all policy document on my mail id he is denie to sent document , then i have check on mail we have confirm you this is totally froud .
save you and your family .
Call -011409580741
mob-********42
Thanks

54.
Thu, 24 Aug 2017  Zeeshan A Abbasi

I got the same call and I discussed the matter in detailed with a person from bajaj. I was ready to pay 2 Lakh for a policy of 20 lakh for 10 years and wanted a loan of 20 Lakh against that as he assured. But I wanted to varyfy the company profile on net where I luckily gor all your comments again I called that person that it is here on your cite he said yes sir but I can assure you that you will get the amount. I asked him to send some one to meet me. waiting for him. Thanks to all of you for helping others.

53.
Wed, 16 Aug 2017  UDAY PAWAR

Hey Guys,

Thanks for commenting on this issue.. today i got call from bajaj finance saying we will provide you 10lacs loan for 10years on 0% interest. I asked on what basis so he said he will purchase a policy from future generalli on my name for 10lacs and they will pay the EMI and on maturity they will get the 3-4lacs benefit which they will claim. I have to pay only 10 lacs on yearly basis with EMI of 1lac. I said ok, now they are sending the guy to collect the documents ??? what to do should i go to police for complaint regarding this?? i got call from these numbers: ********71, ********57. when i asked them to send me message regarding documents required on my no. he said we are not able to send message plz right it down. then i asked for his personnel number and the emp id, then he said will give you miss call from my no. and gave his college no. and not given any emp. id... Dont fall for such schemes these are all related to selling policies...

52.
Tue, 08 Aug 2017  Parth kumar Patel

In last two days i get call from Anil gupta.
He said the same things you are valuable customer and you will get 5,10,15,25 lac loan against policy of 35000,50000,75000,1 lac.
Thanks for comment of fraud so i will be not invest my money in fraud call.
Giving no from i have received calls,
+********6450
********89

51.
Wed, 19 Jul 2017  sanju

this company be frouded.i m face to same problem .

50.
Tue, 11 Jul 2017  Kundan

My self kundan I also get a call like above.
They asking me To pay the some amout of it they provide a lone against a policy...

I want to know about that more....

49.
Thu, 29 Jun 2017  shital

HI VIKAS,
Please give me your mobile no.
I faced same problem. I took my money from that fraud people.

48.
Mon, 26 Jun 2017  Vikas Shelar

i received a call in end of January 2017. they said you are selected and ask is there any loan requirement , i said a requirement of loan is there of 8 lac . they said ok we will give you a loan of 8 lac at 0% interest rate for 10 years .i ask what is security required . they said a policy has to be done on your name of rupees 40000 as security. i paid a cheque of same amount in name of Future generali life insurance Pvt ltd. after 20 days i got a call from same person named Kanika sharma and they said you have to say that satisfied with the policy . after the process of your loan will start with in 2 days and you will get the loan with in 10 days . She said me 1 more policy becoz TDS no generated. As income tax related. So next policy given the amount 32500/- and policy name - HDFC life insurance Pvt ltd. This policy generated as march 2017. She said HDFC Life insurance policy.are dume policy and policy amount will be TDS no generate and policy amount refund your account. And policy will be closed.so After that june month hass come and there is no loan provided to me and when icall to bajaj customer care they said the free look period is over we can not do anything. the person named kanika has cheated and now they are not answering my calls as bajaj is not doing anything kindly take some action to refund my money back
And she call are switched for 2 month
Contact no . 85870 36187,+********8038,+********1304,+********3644
Ye Jo aise fraud karte une public ke beech Mai marna chaiye salo ka. Chaye wo boys ho ya girls.
Log mehnat se kamate hai hai or ye saalee zhoot bolke fasate. Jadase jade girls participate this cases l.
Complainant's Goal: want the refund of my money. Bcoz Maine ye paise dusro se leke diya tha.

47.
Tue, 20 Jun 2017  suchitra sahu

I am really thankful to all the persons who shared their experiences and the portal also displaying their comments ,I also got a call from bajaj finance thery assured me loan against policy for 10 years term.The policy was in the name of Future genarali religare life insurance pvt. ltd..The persons who called me several times are Ritu Verma , Aliya ver ma ,Rajesh and Rahul.Even they collected xerox of adhar card , pan card, six months bank statement and 30000/- cheque against loan of 3 lakh, 0% rate of interest.,But i stopped the cheque amount because of this portal's shared comment.I did not wanted to take risk.The mobile no. I got call from ********30/********41/********20/********41/********63/********50/******** 51/********39/01206233400/0********79/0********51/0********94/********18 Be aware of this kind of fraud. How they run their mode of operands system to fool and cheat people.Govt take strict action against them

46.
Mon, 19 Jun 2017  Shital

Hi guys,
Bajaj fineserv se aapko call aayega regarding loan against policy. That people aapko below bank details denge. Ye account me payment karo uske agst aapko policy milegi & aapko loan diya jayega. Ye sub fraud hai. Ye bank details wrong Hai. ye account Bajaj ke name se nahi hai koi aur name se hai. Maine bank me enquiry Kiya Hai.

That fraud person no. Is 96546 52439, 092104 44534, ********17,********43,

Account details:
Bajaj Allianz life insurance Co.Ltd 
A/c:-********00044
Ifsc:-CNRB0006384
canara bank
Branch:-anand vihar

Account details:
Bajaj Allianz life insurance Co.Ltd 
A/c:-053201********7
Ifsc:-CORP0000532
corporation bank
Branch:-PREET VIHAR

45.
Mon, 15 May 2017  Ramesh

First of all thank you for those commented here! I was about fall prey to these hacker and luckily seeing you message, I complained to your comments.
Fraud calls from Bajaj Allianz, promising you loan without interest for 10 to 30 years without security. Their numbers are, ********14, ********21. Please careful they are authorized by Bajaj Allianz for cheating you.
Best Regards
Avinashi

44.
Fri, 05 May 2017  Shatrughan Mandal

Baja alliance is the fraudest CO. Of india. As a lot of people suffering financially.

43.
Fri, 05 May 2017  Shatrughan mandal

I had a call at the 2nd week of March 2017 asking me about personal loan and also told me that she was an employee of Baja alliance, name-PRIYA MEHRA, mob. NO-********37,********19. She told me to get an insurance of 3 lacks for 12 yrs . Insurance company name was FUTURE GENERALI INSURANCE CO. and policy name- FUTURE GENERALI PEARS GUARANTEE. She told me that you would get a verification call from loan department of Baja alliance. After that I got a call from loan department andI paid 25000 for security as a needed loan of 3 lacks. Since then they are not taking my calls. Now I can't understand what to do. Please help me to get back my money. My contact no. are ********70, ********94.

42.
Sun, 30 Apr 2017  Rakesh Pandya

Thanks a Lot as for your experiences, I also received a call from Radhika (Mobile No. ********34) from Bajaj Allianz Life Insurance Co. Ltd. P No. 2. D.P. Road, Shivaji Nagar Pune. She said that I can get a 20Lac Loan on 0% Interest against Life Insurance Policy of Rs. 20Lac. I have to make a payment of Rs. 25K, after 72 Hours I will get Loan of Rs. 20Lac.

41.
Mon, 03 Apr 2017  Zia sheikh

Thanks all ,
Your experience saved me from getting duped. I go received call today from lady identifying herself as Ritu Verma offering similar scheme. Suraj share here no shortly

40.
Sat, 18 Mar 2017  Nilesh Malaviya

Now all mobiles are switched off, i have mailed to all big ones from bajaj group today, dont know if i will get reply from them or not.

It does look like that fraud is happening only for this group & im still unable to understand how can someone open an account on companies name.

Since I have paid amount to " Bajaj Allianz Life Insurance Co. Ltd." i was sure that this is not fraud as i was paying on companies name.