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Complaint #2906 — VINAYAK DHAGE

Filed: 23 Oct 2013  ·  Address: THANE
I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called \' IC DIRECT SALES AGENCY \' I got a call from same agency and offer me Loan on 0% interest in 45days of processing. Then he offer me a MAX LIFE INSURANCE policy and told me that You have received a loan against policy in next 45 days. At that time I a very needy person in terms of rupees because I have been going family problem at the same time. So I took 30k-30k of 2 policies of MAX LIFE INSURANCE in Jun\'13. After 30days the again he call me and said that your loan amount is high so you have to pay TDS first then we will give you loan amount as per RBI rules. Then after 2-3 days the FPR again contact me and suggest to take 1 more policy as a dummy policy so you don\'t have to pay TDS amount and this policy has been closed in next 2-3 month by us so you have to pay installment against only for previous Policy. So I took the 1 more 60K policy of MAX LIFE INSURANCE in sep\'13.

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