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life lonf pension

India,
Assam

Consumer complaints and reviews about life lonf pension

Gautam Dev
 
Mar 1, 2013

Wrong Annuity boking

Dear Sir
I have received your details , thank you for the same .
Please send me copy any following document
- Any intimation letter or correspondent you have forwarded to Waluj Aurangabad.address till OCTOBER ,2007 ,which had been received by me where you have mentioned that my fund position Till 31.03.2007 was 1,05,103.75 . when amount paid by me was Rs.100180 from date 24.11.2003 to 31.03.2007. I, after three years .
- No where in the policy it had been mentioned that customer is subjected deposit premium only , but no way SBI life is responsible to give the position of the policy .

Over and above , I would like to get some answers of undermentioned queries
Do SBI life should DREAM , that a customer paying 4 ,95 ,808 (approx Rs.60,000 per year) for Nine years and should receive his value of your money /investment Rs. 5,02,121 (total annuity value )
A pension policy if it can yield Rs. 6313 as against 4,95,880 , value could have also become BIG ZERO in place of Rs.6313. But how SBI life like company is sitting on Public money without informing the concern person .when customer was paying money regularly .
Any investment means some return , but if there is zero return then it is call not investment , it is call CHEATING
Lastly , I would also like to know that
When I came to Assam on Nov 2007 , I have intimated your Guwahati office about change of my Address , and asked them to update my address , but why the same was not done .
Your early response in this regard is solicited

Gautam Dev
Policy no 07001544706
Near pine wood hospital Tinsukai
Subachani Road
PO&Dist :Tinsukai

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