ICICI Prudential

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ICICI Prudential Reviews

sonysdayout July 13, 2011
ICICI Prudential Co is a Cheater
Hii All

All i can say, one who wants to go for insurance, should never consider for ICICI Prudential. They cheat their customer just like that.
I had taken a ULIP from them, for which i paid

premium for 3 years and then when i went to withdraw the money, they say the policy was cancelled three years back and they have sent a different policy, which i have never received. then they ask to get my policy document ( which they claim i have received it ) if i have to withdraw my money . They say i should get a duplicate one for which they charge me 200 Rs fine and also i should submit request in 200 Rs Stamp paper for which i have paid 500, coz its difficult to get stamp paper.


Can Any ask these people to stop fooling people.


Regards
Amar
09886310193
Vishal Mahajan June 30, 2011
Mis-selling
My father bought a ICICI Pru Life Time Super - Maximizer (Growth) policy # 06295232 on 28th Sep 2007. One fine day an executive named Rahul Arora (09891455480) called me from Delhi ICICI office and told me that if I buy a policy I would get the agent commission and bonus of about Rs.90000 of the policy will be transferred to my account since I was the nominee for my fathers policy. The amount was supposed to be credited to my (Vishal Mahajan's) account on April 10th 2011, on following up the executive Rahul Arora told it will be done by May 10th 2011 and then he stopped picking up the call. Then I got another call from Mumbai office claiming they are from IRDA office and told me that they have details of my policy and if I buy MaxNY policy then the amount the executive Rahul Arora had transferred to his agent code can be claimed back.
I want you to investigate the matter and refund me the money.

Regards,
Vishal Mahajan
SESH NAH YADAV May 16, 2011
PAN NOT ALLOTED
Dear Sir,

ack. no. 026650100004231

pan no. not alloted


Thanks & Regards.

Shankar Singh
Sumeet Arora April 11, 2011
ICICI Prulife : Group Annuity policy No. 8495 – Fraudalent denial for payout
My father BS Arora got retired in 2005 and got his gratuity amount from the company. He added some extra money from his pocket and invested Rs 13.30 lac in a pension policy from ICICI prudential. He also included my mother Balvinder Kaur Arora’s name in the policy as ‘Joint Life’ holder so that she could continue getting the pension after him till the time she was alive. My father used to get a quarterly payout of Rs 28800/- odd from ICICI prudential.
Unfortunately he passed away 2 months back due to ill health. To my surprise, ICICI have stopped the payouts towards my mother. I have been speaking to them since one month now and they are denying paying it. I sent them a copy of the annuity certificate which very clearly states my mother to be the “Joint life” holder of the policy but they’re not replying anything on that. I asked them for copy of the policy which my father had signed but they have not shared it till now. They have not replied to any of my mails in the last one month nor are they giving anything in writing. Every time I call them up they refuse to pay up and say that the policy is expired now.
My father was 61 years old when he got this policy. He was a highly educated and qualified man and was not dumb enough to invest Rs 13.30 lac in a policy with a meager quarterly pension of Rs 28800/-. At this rate he would have not even recovered the principal investment by the age of 72 years, forget about the interest receivable. And that is exactly why he had added extra money from his pocket into the gratuity amount to ensure that his wife continues getting the pension payout.
I have written to the grievance cell of ICICI prudential today but do not expect them to do much. I have seen the number of consumer complaints and court cases against them and they come across as a very unethical organization.
I have also written to my advocate today and will shortly initiate legal proceedings against them. I am just awaiting a reply from their grievance cell.
Can anyone guide me how to take this up with IRDA? I am not going to let ICICI get away with this one. Pl contact me on [email protected] or 9029888882 for any advice. Thanks
bvnkt January 25, 2011
Cheating by ICICI mutual fund agent
ICICI has been in the cheating business for years. 2 years back, I invested One lakh in mutual fund, but it turned out to be a life insurance policy that I bought, which I never have even dreamed about as I don't need another, I am a U. S. citizen. Now I hear that it has happened to many. The agent moved to HDFC, she is not with ICICI anymore. She made her share with my money and jumped to another to repeat her tricks. And finally what they have done is even worse, they have sent me a check, but not even 1/4 th of my lakh after repeatedly asking for 3 payments of 60000 again. And that also mailed to my local Indian address where I never stayed more than two weeks after the meeting with this agent. I had given my U.S address specifically as the mailing address. But they purposely, ignored that. So they foreclosed the account now. I had started writing to them, calling them from the time I got the redirected letter from my relatives. If anybody can join me in giving a class action suite against this kind of irresponsible action, absolute robbery by the so called reputed company, please e mail at this address - [email protected]
Biji
SNAT November 25, 2010
FRAUD
I had opened an account with ICICI Bank S.C.O. 21-22 Phase 7 Mohali in March 2009. Mr. Vinod Kumar (NRI Executive IBG-NRI Services) with mobile no. 9915920269, phone no. 0172-5086160
We reached ICICI bank to open a CD Account in ICICI bank. Mr. Vinod kumar told us that CD will return only 6.75% we should open a policy that will provide us atleast
10% yield. We were reluctant to open that policy becasue we did not trust the performance of shares. He showed us some chart that showed the performance of the policy.
We asked him about the conditions of the policies he said we have to pay one lakh for three years then we asked him if we don't want to pay that money he replied that is ok
he never mentioned that we are going to get charged for that. Nothing else was mentioned. We signed some paper he gave us a receipt. we left the place and within that month
we flied back to U.S.A.

After one year my son-in-law's brother who lives in india and also has a mailing address told me that ICICI bank is asking for policy payment. I checked the policy i saw no increase in
money so i was reluctant to invest more money so i replied to my son-in-law's brother that it is ok we did not submit another lakh Rs. becuase i did not see any growth in money and also
Mr. Vinod Kumar assured us that nothing will happen.
After 3 months my brother again called me that ICICI deducted 14000 Rs. for the name of allocation funds. I called them asking what allocation they did and i send email.
They replied with policy declaration that this is defined in the policy. I saw that first time. Then i thought it ok if i loose 14000 Rs i want to cancel the policy i send them a email
to cancel the policy then they replied with another surprise that now we will get 25% of the policy.
We were shocked to see that policy. I have two witness that went with me to open the accont and they can testify that Mr. Vinod Kumar never explained us the policy terms and conditions.
This is total Fraud to loot NRI Money. I still don't understand that how they can cheat my money.
Mrs.Malti Misra October 10, 2010
No policy bond from ICICI Prudential
DEAR SIR, This complaint is being sent to
REGD OFFICE
ICICI PRUDENTIAL LIFE INSURENCE CO. LIMITED TOWERs, 1089, Appasaheb Marathe Marg, Prabha Devi, Mumbai-400025, INDIA
Sir, My name is Mrs.Malti Misra w/o Dhirendra Nath Misra, R/o H.n.28, Mohall-Kanoon Goyan Kashipur, District Udham Singh Nagar, Uttarakhand, India, Pin No-244713.My Mobile No is 09411166149, Email address is [email protected]
[1]I have not been given any bond or policy Number though 2 instalment of Rs.25000/-, and Rs.25000/-(Rs.Twenty five thousands, Rs.Twenty five thousands each) have been paid to ICICI prudential through employee of ICICI Bank Kashipur, District U.S.Nagar, Uttarakhand, India Sri Mujeeb Ahmad.
First instalment of Rs.25000/- dated 29/12/2009, P.N.B Kashipur, Uttarakhand, India was made by way of cheque No.994105 from my account No.026200 0101231145 of PNB Kashipur, Uttarakhand, India through employee of ICICI Bank Kashipur, U.K, India Sri Mujeeb Ahmad .
[2]But I have been given a computer generated first receipt No-1420495 for application No-LL36700044, application dated-30-DEcember 2009 and this receipt has been issued from-Place -District-Moradabad, State-Uttar Pradesh, India
But it is strange matter that till date I have not been given any bond in lieu of above paid amount Rs.25000/-
[3]Again 2nd instalment of Rs.25000/- was paid to ICICI Pru by way of cheque No.994109 dated 02-07-2010 from my account No.026200 0101231145 of PNB Kashipur, Uttarakhand, India through employee of ICICI Bank Kashipur, U.K, India Sri Mujeeb Ahmad .But NO reciept is given to me till date nor any bond is given to me.
[4]I have sent many Complaint applications through sri Mujeeb Ahmad an employee of ICICI Bank Kashipur, uttarakhand, India>But no response is made from ICICI Prudential Life Insurence company.
[5]Thus I am afraid of that if my Rs.50, 000/- had been lost?
[6]Please inform me at once what happened to my money Rs.50, 000/- which had been paid to ICICI Prudential Life Insurence Co.
I will be grateful to you,
Complainant-
Mrs.Malti Misra
W/o Dhirendra Nath Misra,
R/o-H.N-28, Mohalla-Kanoon Goyan Kashipur, District-Udham Singh Nagar, State-Uttarakhand, INDIA, PIN NO-244713
Pushpa Arora June 28, 2010
fraud by ICICI prudential agent and need urgent assistance
I gave a cheque of citi bank no. 055787 dt. 19.3.2010 for Rs. 35000/- against the renewal of the premium of my polcy no. 10690787 to Mr. Satvinder Singh, the employee of the ICICI Pru, Netaji Subhash Bose, Pitam Pura Branch. But inspite of depositing the amount against my policy he opened a New Policy No. PP37817393 against my husband's name e.i. GopalKrishan Arora and not renewed my policy.knowing this fraud my husband went to Branch office. The staff told him to fill the surrender form, give the cancelled cheque & account no. & you will get your amount Rs. 35000/- back with in a week. He did the same but till date we have not received our amont back. inspite of depoiting the amount in our account they had deposited this amount to some other bank. Please look in to this matter. We need urgent assisstance againt this.
Piyush_Kumar May 19, 2010
Life Stage Policy Harrasment
My mother Dr. (Mrs) Bharati Prasad was mislead by an ICICI agent Abhishek Pandey in Ranchi into the Life Stage Pension scheme. He told her that it is a one time pension scheme and invested part of her money into the Life stage pension fund. The policy number of this fund is 13021257 and the premium amount was Rs. 1 lakh every year, which was paid by ICICI cheque # 704414.

The policy was signed on 7/12/2009 and the documents were later received by the security guard of our colony in the 3rd weeks of December 2009. Since my mother was out of town she was not able to respond to the policy within 15 days of receiving the form, and she received the form in the 2nd week of January.

Thereafter she has made several calls to the insurance agent as well as the customer care at ICICI prudential and none of her requests have been addressed.

Through this email I would like to make a formal complaint regarding this behavior of your customer care and would like to seek some advice from other people who might have faced similar situations.

Sincerely,
Piyush Kumar
Revanth Arji February 23, 2010
Irritating calls
Hi,

I am getting unnecessary calls from ICICI Prudential people frequently from last 2 months. I have told them many times that i am not interested and delete my number from their database. But they are ignoring my request and calling frequently still.

I am getting lot of calls from this number (+918066281300)

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