Details of the VICTIMS of the Reliance Life Insurance Loan Fraud

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MP

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Mar 9, 2013, 12:16:06 PM3/9/13
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Dear Victims of the Reliance Life Insurance Loan Fraud

Can you please "reply"  to this thread with following details

Complete Name                  :
Email Address                    :
Phone Number                    :
City                                    :
State                                  :
Amount Paid to Reliance     :
Date Paid to Reliance         :
Your Policy Number            :
History of complaints           :    < Please describe here complaints and response received from reliance,  IRDA or any other actions you have taken >
Willing to join a common court case ?    :   <yes>/<No>
How can you help this fight ? :   If you know some good lawyer,  police officials, government officials or any other way you support and help this fight for justice,  pls mention here.   Every one will have some strengths and if we all bring here on a common forum, we can fight with the might reliance.  If you do not have any such resources, but you have creative ideas on how we can unite and fight,  pls write here... any help is appreciated.

Finally, whoever is online here... pls be active here and visit this forum daily and look at the updates and pls reply to posts too....
Message has been deleted

Adnan Sayyed

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Mar 10, 2013, 7:36:29 AM3/10/13
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Complete Name                  : Adnan Sayyed

Email Address                    : adnans...@gmail.com

Phone Number                    : 9975295315 / 7276137379

City                                    : Pune

State                                  : Maharashtra

Amount Paid to Reliance     : 100000

Date Paid to Reliance         : 27/12/2012

Your Policy Number            : 50631626

History of complaints           : I was given an offer of 0% Overdraft scheme. For 1 lak premium 2000000 OD. After 15 day of policy documents receipt                    they stopped picking my call. Now reliance is not ready to cancel the policy as 15 days freelook period is over. My point is It is Reliance franchise who  gave this false offer and deliberately delayed the process for 15 days so that free look period expires. Somehow Reliance is involved in this.

Willing to join a common court case?    : YES. I have already spoken with one of the consumer court lawyer.

How can you help this fight? :   I have consulted one lawyer. As I do not have anything in writing she asked me to log a police complaint against those numbers and to ask them to submit their report.

 

MP: SHARE YOUR DETAILS

Najeeb Shaikh

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Mar 13, 2013, 4:47:33 AM3/13/13
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On Saturday, 9 March 2013 22:46:06 UTC+5:30, MP wrote:
Dear Victims of the Reliance Life Insurance Loan Fraud

Can you please "reply"  to this thread with following details

Complete Name                  : Najeeb shaikh
Email Address                    : najeeb...@gmail.com
Phone Number                    :08425871472
City                                    : Mumbai
State                                  : Maharashtra
Amount Paid to Reliance     : 30,000/-
Date Paid to Reliance         : 31/10/2012
Your Policy Number            : 50482988
History of complaints           :  They promised interest free loan in 45 days. Till date i was following with them. Every time new person speaks on the phone & asks for details & says he is the senior of the earlier person.
Willing to join a common court case ?    :   yes

MP

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Apr 11, 2013, 12:46:28 AM4/11/13
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Dear Fellow Members

Need your help to keep this momentum.   I need atleast 10 to 12 vicitms to give their details on this thread so that we can jointly file a case in the court of law.   I see that more and more people are joining this thread for different topics/types of fraud by reliance insurance.   Right now, I want to focus on the specific issue of loan fraud so that we can start the fight and show united is always a win!

sagar panchamia

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Apr 18, 2013, 9:45:04 AM4/18/13
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HELLO GUYS , 

I M SAGAR. EVEN I GOT A CALL FROM 7428367987.  THEY EXPLAINED ME THE SAME SCHEME.
 TO INVEST 1 LAKH EVERY YEAR IN REL LIFE INSURANCE GUARENTEE MONEY BACK PLAN N 
THEY WILL GIVE ME LOAN OF 15 LACS INTEREST FREE FROM CITI BANK.
n on maturity after 10 years i get 23,50,000 rs.

N TELLS US ONLY 1! DAY SCHEME HAI, IMMEDIATELY DECIDE KARO.

SO I CHECK OUT THE NET, N GLAD TO KNOW THAT I M SAFE.

if you ll need , so i have provided you the mobile number of the person who called me.

REGARDS 


khali...@gmail.com

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Apr 22, 2013, 1:00:31 AM4/22/13
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Even I got a call yesterday from Reliance for same scheme. The caller said that he is calling from Reliance Life insurance and scheme is for only short duration of 1 day and decide immediately.
 
He said that he will give loan from 2 lakhs to 20 lakhs and have to pay in 10 instalments, one each year and 1 instalment in advance. This is because Reliance is going to open bank and needs good customers base.
 
Reliance person also refused to send me e-mail with brochure and scheme details when I asked him for the same.
 
Because of this forum, I am saved.
 
THANKS. Keep the good work and let us shut out these cheats.
 
 
 

On Saturday, March 9, 2013 10:46:06 PM UTC+5:30, MP wrote:

khali...@gmail.com

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Apr 22, 2013, 1:00:59 AM4/22/13
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Even I got a call yesterday from Reliance for same scheme. The caller said that he is calling from Reliance Life insurance and scheme is for only short duration of 1 day and decide immediately.
 
He said that he will give loan from 2 lakhs to 20 lakhs and have to pay in 10 instalments, one each year and 1 instalment in advance. This is because Reliance is going to open bank and needs good customers base.
 
Reliance person also refused to send me e-mail with brochure and scheme details when I asked him for the same.
 
Because of this forum, I am saved.
 
THANKS. Keep the good work and let us shut out these cheats.
 
 
 

On Saturday, March 9, 2013 10:46:06 PM UTC+5:30, MP wrote:

Sushant Tawde

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May 21, 2013, 7:04:15 AM5/21/13
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Complete Name                  : Sushant Bhalchandra Tawde
Email Address                    : sushan...@gmail.com
Phone Number                    : 9920263355
City                                    : Thane
State                                  : Maharashtra
Amount Paid to Reliance     : 40,000/-
Date Paid to Reliance         : 13/3/2013
Your Policy Number            : 50836992
History of complaints           :  Its really too bad experience to share with you guys..i have all recording with me the person who called me first name is Mukesh who explain me the   
                                            scheme (28/2/2013): 7828366820 continuous following with 1 month then another guy entertain me Name is Vishal Jain: 09650419265 on same number
                                            Rahul Gupta (Regional Manger or any other post ) is Their he told me same thing Aaapaka Bond paper aayega please wait verification nahi hua hai ho 
                                            hone ke bad aayega .... after verification they are not answering the call when answering aaj nahi kal aayega,  do din bad pakka aayega...courier wale ko
                                            address nahi mila ..courier 2 bas vapis aa gaya....still i am calling him but no one answer the call please guys tell me what to do.

Willing to join a common court case ? :  yes

My suggestion: Please call media at lest press conference...puri duniya dekhe yaar baki ke log aage se cheat na ho...TV pe aa jana chahiye....any boy have any resource in media line "i know this is not easy way to fight Because The name & Brand is too big Reliance"  

On Saturday, 9 March 2013 22:46:06 UTC+5:30, MP wrote:

m m

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Jun 4, 2013, 8:04:21 AM6/4/13
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Complete Name                  : M M

Email Address                    : designhubsindia@gmail.com

Phone Number                    : 94081 86198

City                                    :

State                                  : Gujarat

Amount Paid to Reliance     : 235000

Date Paid to Reliance         : 15/03/2013

Your Policy Number            : 50997001, 50842594, 50757858

History of complaints           : I was given an offer of 0% Overdraft scheme. For 1 lak premium 2000000 OD. After 15 day of policy documents receipt                    they stopped picking my call. Now reliance is not ready to cancel the policy as 15 days freelook period is over. My point is It is Reliance franchise who  gave this false offer and deliberately delayed the process for 15 days so that free look period expires. Somehow Reliance is involved in this.

Willing to join a common court case?    : YES.

How can you help this fight? :   Finally, whoever is online here... pls be active here and visit this forum daily and look at the updates and pls reply to posts too....

m m

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Jun 5, 2013, 1:38:40 AM6/5/13
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even i have some msgs telling you are getting od......and 100% sure....



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Amit Hadkar

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Jun 8, 2013, 5:06:12 AM6/8/13
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I took policy on 31st January 2013 (Money Multiplier Plan – Policy No.50738058).  While taking this policy I was told that I will get loan against this policy within 35 days from policy issued [of RS.3 Lacs at 0% interest rate] (This was the main reason I took this policy) 
Since last 3 months I am following up with the advisers regarding this loan. Finally on 26th April 2013 I was told that your loan will be credited to your account between 28th April 2013 to 30th April 2013. Since 1st May 2013 I am trying to call these adviser but their both the contact numbers are switch off. (Contact number are 7428366838 (Lakshita) & 8860001791) 
After following up with the call centers on (Toll Free number) they informed that there is no such policy which offers loan prior to 3 years from date of policy. There is wrong information given to you from advisers. 
Below are the names & numbers s of the people with whom I following up with regards to this policy & loan since last 4 months.
Samiksha – 8860001791, 
Vinayak
Lakshita – 7428366838/07428366824,
Sunita, Anu, Visha Jain  - +9107428366872, +911409803841(Loan Department) 
This wrong information has led to waste of time & money & other personal problems for me. I request you to please follow up with regards to the same & take the necessary action against this kind of unprofessional & unethical selling. 
  Amit Laxman Hadkar, 
7 Abdul Razak Building,
Jerbai Wadia Road, Parel,
Mumbai – 400012.
Ph : 9920088671/022-24160619

On Saturday, March 9, 2013 10:46:06 PM UTC+5:30, MP wrote:

GINSON ULAHANNAN

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Aug 13, 2015, 2:18:34 PM8/13/15
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Complete Name                  :ginson ulahannan
Email Address                    :gins...@gmail.com
Phone Number                    :9990541691
City                                    :delhi
State                                  :delhi
Amount Paid to Reliance     :99999
Date Paid to Reliance         :22 jan 15
Your Policy Number            :52029125
History of complaints           :   

 



 


Ginson P U                                                                                                     28-07-2015

My name is Ginson P U, I got call from one Mr. VIKRAM SINGH  whose phone No. 8447771085 . Somewhere around 10th or 11th January 2015 . He asked me are you looking for personal loan I told yes, then he told me that Reliance Insurance company has done tie-up with Aditya Birla Finance. He proposed to me that if I buy this policy whose Premium is Rs.1 lac then same will be assigned to Aditya Birla which will provide me a loan 10 times of the premium i.e Rs. 10 lac loan for 15 year because policy maturity time is 15 year & he told me you only have to pay only yearly Rs. 1 lac premium for 10 years & to Aditya Birla the amount will revert back after maturity with 4.5% interest. Mr. ROHIT AGRAWAL  mob called me and informed that he works for Reliance insurance and will be my Relationship Manager from Reliance Insurance company his phone Number is 9582165761 and Mr. RAJESH BHATIA introduced himself as representative of Aditya birla and informed me that he will be my Relationship manager from Aditya Birla his phone No. is It was informed that after picking up the documents of insurance they will checking my CIBIL score and will inform whether I will be eligible for loan or not and after confirming that my CIBIL score makes me eligible for loan then only insurance policy will be processed. It was further informed by Mr. Rajesh Bhatia, Mr. Vikram & Mr. Rohit Aggrawal that the entire process of disbursement of loan will be completed within 30 days of free look in period of the policy. It sounded good to me. I agreed to buy the policy believing the representation made to me about the loan. Mr. Vikram told me that when Reliance Insurance will call you for verification and ask you that have you got any offer for loan etc. then you have to say no as this scheme is dealt from higher management and the person contacting will be a lower level employee hence will not be knowing about the loan scheme. The entire solicitation for the policy was done over phone only. Mr. ROHIT AGGRAWAL who is your Relationship Manager is part of Reliance Insurance higher management and you can get the confirmation about loan its rate of interest and its term from him only. Mr. RAJESH BHATIA & Mr. VIKRAM SINGH told me that as soon as I receive my policy document I have to forward the details to them & then they will start the loan process. I received my policy document vide speed post 17th of January 2015 ,My Policy No. is I forwarded the details of my policy to Mr. RAJESH BHATIA, ROHIT AGGRAWAL & VIKRAM SINGH and they told me that they will start the process of loan. I was provided with a customer care numbers and Ankita was told to be the executive to be contacted for any query. In between they have done many process with me like telephonic verification & telephonic form filing etc by various persons. But despite 20 days have lapsed except calls from various person I did not receive any confirmation in writing neither from Reliance Insurance nor from Aditya Birla. Hence I started calling them and asking them that why loan disbursement is taking so much time and no written confirmation is given to me, they informed that due various holidays there is a slight delay but I will soon be receiving call from both Reliance insurance as well as from Aditya birla about the loan confirmation. As the 30 days free look in period was approaching I was getting anxious and started calling up Rajesh Bhatia and told him that if the loan is not credited in my account within next two days I will be cancelling my policy on this he told me to contact Mr. VINAY ROY on

who will confirm about the loan disbursement and if I want to cancel the policy he will be the person guiding me. But when I called up the number the message that I got was that that “the number does not exist” thereafter when I tried to contact each one of them none are answering their phone. At this point I realized that this entire design was formulated for sale this policy and cheap rate loan was only an enticement for luring me. I am now convinced that the entire story has been cooked up to

 sell the insurance policy under the guise of loan at cheap interest rate and the follow up communication were just to ensure that I should not cancel my policy within 30 day of free look in period. I trusted the representation due to big brand name RIL & Aditya Birla. I was not aware that these types of fraud which are going on in the name of these companies. The person committing same are somewhere connected to these companies as they used to come to know of each and every conversation and details of my policy. I was defrauded to buy this insurance. I have written vide e – mail to Reliance life Insurance attaching all the documents and reason for cancellation. please help me getting the policy cancel & refund of the premium. Thanks Ginson P U

Reliance Life InsuranceInsurance Policy

http://www.grahakseva.com/static/img/default-user-icon.png

RelianceLife InsuranceTeam

Dear Mr Ginson P U

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.

Regards

Reliance Life Insurance

17 February 2015

 

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How can you help this fight ? :   If you know some good lawyer,  police officials, government officials or any other way you support and help this fight for justice,  pls mention here.   Every one will have some strengths and if we all bring here on a common forum, we can fight with the might reliance.  If you do not have any such resources, but you have creative ideas on how we can unite and fight,  pls write here... any help is appreciated.

Finally, whoever is online here... pls be active here and visit this forum daily and look at the updates and pls reply to posts too....
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