[Resolved]  ICICI Prudential — Refund of My Money

On 8th Apr'09 received SMS from ICICI Prudential stating that for Preclosure of Home Insurance policy.

"Payment of Rs18065.52 for your policy[protected] has been sent to ICICI Bank Limited on07/04/2009

vide Cheque No.151134&AWB-[protected]Express IT"

However as i didn't get the cheque on the said date approached Branch office and understand that

due to system problem by mistake the cheque got made in the name of ICICI Bank instead o[censored]ndersinged.

Again Branch understood the mistake and assured me to resolve this immediately.

Today I received call from them stating that again due to system problem the cheque issuance got delayed.

I have few basic questions to ask.

Why such mistakes are happening always to me.
Who has authorised ICICI prudential to play with customers money.
Need interest charges for Rs.18065.52 from the date of 07th Apr'09 till receipt of the cheque @ 12 % interest charges.
Why such careless attidue whenever any customer asks for refund.? What will be the fate of the customers who wants to get the maturity value.
Is ICICI Prulife is controlled by some body? if Yes how you are able to survive with such lapses at your end.
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Aug 14, 2020
Complaint marked as Resolved 
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icici pru life time super pension plan is one of the flop and FRAUD plans of ICICI. i had invested in the same plan two years back . You have deducted almost more than 15% of the invested capital in the begining only, saying that it is the fund management charge. If you are really managing fund very well, then why it has gone to the bottom ? due to the recession? If i invested money in the stock on my own, i would have the same risk. The fund value has gone down to the incrediable limit and ICICI is still deducting FUND MANAGEMENT CHARGES, it is OPEN LOOT. THIS IS A FRAUD . Not only with ICICI but with all unit linked plans, the situation is all the same. These plans are designed to cheat and loot STUPID investers like me. My question is, How the hell can you charge such a big amount as a fund management charge, when you are no longer worth to do it?? You have eaten all my hard earned money and shamelessly again asking for further premium for your fun!! All i believe is God is watching you and you will be punished one by one personally in your life, my all curses are with you and you will find thousands of such curses behind you, of all those investers whose money you have swallowed, in the name of recession .

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