[Resolved]  NetAmbit Insurance Broking India Ltd — Sold Birla Sun Life Vision Policy using false commitment and cheated

Address: Pune, Maharashtra

Dear Sir,

One day received call from Netambit for BSL Vision policy. Agent explained me the policy as best policy in the market for insurance with money back with huge amount. The agent also told me that company had given upto 30% returns for same policy. The agent also offered me combo offer for two policies with less premium amount for same benefit. I rejected it due to unavailability of fund and asked him to contact me again after three months. Agent told me process it now otherwise will get benefit of combo offer given by company. I proceed with documents but I found acknowledgement letter from BSL Company for same policy. I found another cheque was given for other policy got dishonored. Now agent is not receiving my call. I haven't found any reply from Netambit on sent mail.

Therefore I want they should apologies and provide compensation.
1. The amount charged by bank for dishonoring the cheque.
2. The amount charged by BSL for cancellation of policy.
3. The notice should be sent from consumer forum to stop it.

Please find the below details:

Policy Holder's Name:
1. Ashish Kumar Singh
2.Geeta Sharad Singh

Netambit Agent Name: Mohsin Ahmed
Contact No : [protected]

Kindly looks into this matter.

Thanks,
Ashish
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Aug 13, 2020
Complaint marked as Resolved 
 
15 Comments

Comments

great vision — STOP THE OPENING OF THIS COMPANY

Sir, please stop the opeaning of this company.this company is going to be launched in Rajapalayam with head office at chennai.They r cheatin fellow in real life.SO, pleasw stop the opeaning and stop to give incroporate certificate.

Netambit Insurance — Fraud

Netambit Insurance Broking is a fraud company . I have set up my mind to bring a criminal case against them which will be filed on 30th. and suggest all o[censored] to some strict action them and teach them a lesson . All join hands and come together and teach them a lesson .
The agency Sold RelianceLife Insurance Policy with False Commitment.
what is status of your complain now..plz send me at [protected]@gmail.com
i have also taken policy form same company, so i want to know so i can cancel my policy.
netambit insurance broking is a fraud company...all readrs plz note...this company is also spoiling name of birla sunlife & relianced...i hope these company (birla & reliance) are not hand in gloves with nitambit insurance ...fraud fraud...fraud...
they always start saying abt benefits...which never comes
1570
netambit insurance company is a tele marketing company...they jus hire fresh grads and they are instructed to get a case for their parent company(birla, reliance insurance..ets)...these guys have acess to the phone nos./data base of the existing customer with parent company...they act as if they are from the parent company and victimise the clients...by offering benifits or compensate
please not.i[censored] are interested in buying a policy...approach the company directly...Nitambit is a dubious fraud company...
netambit is fraud, fraud, fraud, fraud, fraud, fraud and only fraud.beware of netambit and dogs.
I have also recently taken a policy from NetAmbit of BSL plz. let me know what is the status of your policy. I shall directly write to BSL (parent company) and get my Insurance policy cancelled. my email is roy.[protected]@ymail.com. Plz. post your coments at the earliest. thanks shila
Hi my name is Anu Khaneja. I have also been cheated by agents of this NetAmbit by providing false commitments. I am fighting with Birla Sun life for refunding my money. its been 4 months the case has not been resolved. if you guys have done or filed your case on some site or went to NetAmbit officer to catch these guys please do give me some details...i am in touch with branch and to resolve my case else i have to file case in IRDA...you can get in touch with me at [protected]@hotmail.com for latest updates...
NETAMBIT AND IT'S FRAUD PROMOTER GIRISH BATRA AND SANDEEP BATRA ARE BIG CROOKS. PLEASE DON'T BOOK ANY PROPERTY THROUGH THESE FRAUDSTERS. I AM A PROPERTY DEALER MYSELF. THEY HAVE NEITHER HONOURED ANY OF THE CREDIT NOTE GIVEN TO MY CLIENTS NOR RELEASED EVEN A SINGLE PAISA PAYMENT AGAINST MY COMMISSION IN LOGIX.

THE LEADER OF THIS BUNCH OF THIEFS IS GIRISH BATRA WHO NEVER MEETS ANYBODY ONCE THE BOOKINGS ARE DONE. HIS BROTHER IS BIG CHOR HIMSELF. HE SAYS NO COMMISSION HAS BEEN RELEASED FROM LOGIX. BUT ON ENQUIRING FROM LOGIX I HAVE GOT TO KNOW THAT THEY HAVE ALREADY BEEN PAID THE COMMISSION AGAINST MY BOOKING.

I REQUEST ALL THE DEALERS AND BROKERS OF THE REAL ESTATE INDUSTRY TO BLACKLIST AND BOYCOTT THEM. THEY ARE BIG CHEATERS AND LIERS.

CLIENTS AND INVESTROS I REQUEST YOU NOT TO BOOK THROUGH THEM AS THEY WILL NEVER HONOUR ANY OF THEIR COMMITTMENTS OR ANY CREDIT NOTES.

BIG TIME CHEATERS THIS COMPANY NETAMBIT AND GIRISH BATRA AND SANDEEP BATRA
Netambit Insurance Broking is fraud company cheating people. My story is as under: -

I have to bring to your notice a case of cheating, done with me by Netambit Insurance Broking India Ltd, in collaboration with M/s HDFC Life Insurance Company. The story is as under: -
1. In third week of Dec 12, I got a phone call on my mobile Phone from someone who told me that he is speaking from the office of Max Life Insurance Company and wanted to brief me about some bonus declared by M/s Max Life Insurance against my policy. (I am having an Insurance Policy from Max Life). Further he told me that the bonus amounting to Rs. 1, 12, 420.00 would be paid to me by cheque by 15th of April 13, after completion of certain formalities.
2. Next day another call came from Mr. Sandeep Agrawal, (As the name told by him) who told me that he is Senior Manager in M/s Max Life. He asked me whether his assistant has explained me about the bonus declared by the company against my policy. To clarify further, he again repeated the same story. Further he added that the investment against which bonus is being paid, was made by Max Life jointly with HDFC Life. Therefore, it is essential that beneficiary should have some policy with HDFC Life also. This insurance should have a minimum premium of Rs. 35000/- per annum. If I am not having Insurance with HDFC Life, bonus will not be paid.
3. Further he added that it has been agreed at highest level between M/s Max Life and HDFS Life, that if I take a policy from HDFC Life and convey the details of Cheque No for the premium and the serial number of Proposal Form to Mr. Agrawal, it would be possible for him to make arrangements, so that I am able to cancel the HDFC Policy after receipt of bonus, with a marginal deduction. He also told me some reference code for the bonus, which I was supposed to keep handy for confirmation on a verification call. (The mobile number of Mr. Sandeep Aggrawal was [protected]. However, this phone does not seem to be operational now.)
4. Next day, I got a call from a third person, who told that he is from accounts department of Max Life and wanted to verify my details and bonus code for preparing my case for bonus.
5. I got convinced by the story told by these three persons (like a fool) and took a policy from M/s HDFC Life in the name of my daughter Ms Medha (Policy No 15685350 dated 26th Dec 2012) and conveyed the details to Mr. Sandeep Agrawal as advised by him.
6. From the policy I observed that in the place of agent’s name M/s NETAMBIT INSURANCE BROKING INDIA Ltd, C-20, Sector-7, NOIDA has been mentioned.
7. When I checked on internet about NETAMBIT INSURANCE, I was surprised to see a large number of complaints from people like me. All these people have been cheated by M/s NETAMBIT INSIRANCE.
8. As the mobile number of Sandeep Agrawal was not operational, I tried to contact him through their toll free number but unable to contact, as the person, who lifted the phone refused to give me line or direct number of Mr. Sandeep Agrawal.
9. When I contacted HDFC Life at Haridwar, they were not able to tell me anything about M/s NETAMBIT INSURANCE, except their toll free number.
10. To my utter surprise, I received a call from one Mr. Rajeev Singhal on 30th March 2013 (Again from a Mobile No [protected]), who told me that he is from Account Department of M/s Max Life and reviewing my file for preparation of bonus cheque.. Though he referred the name of Mr Sandeep Agrawal, but shown his inability to give me his new contact number.
11. With all the story stated above, I have realized that I have been cheated by the group M/s NETAMBIT INSURANCE BROKING INDIA Ltd, using a caucus approach.

I have shared my story with you so that you are able to take some action against M/s. NETAMBIT INSURANCE BROKING INDIA Ltd and protect others from getting cheated like me. In this regard I suggest you the following approach: -

• The action of M/s NETAMBIT may be investigated. A large number of complaints available on internet against M/s NETAMBIT may be reviewed.
• The mobile Numbers of Mr Sadeep Agrawal and Mr. Rajeev Singhal as given above may be traced out to catch hold of these persons who are involved in cheating.
• Insurance companies may be advised not accept any business on advice of M/s NETAMBIT as they are cheating the individuals.
• Apparently Insurance Companies, who are appearing to be innocent, are fully involved as they are accepting such business and encouraging such frauds.

I shall be grateful if I may be kept posted with the action taken.
Thanking you

Sarvesh Gupta
A-55, Shivalik Nagar
BHEL, Ranipur
Haridwar-249493
Mob [protected]
Netambit Insurance Broking is a big fraud. My story is as under: -

I have to bring to your notice a case of cheating, done with me by Netambit Insurance Broking India Ltd, in collaboration with M/s HDFC Life Insurance Company. The story is as under: -
1. In third week of Dec 12, I got a phone call on my mobile Phone from someone who told me that he is speaking from the office of Max Life Insurance Company and wanted to brief me about some bonus declared by M/s Max Life Insurance against my policy. (I am having an Insurance Policy from Max Life). Further he told me that the bonus amounting to Rs. 1, 12, 420.00 would be paid to me by cheque by 15th of April 13, after completion of certain formalities.
2. Next day another call came from Mr. Sandeep Agrawal, (As the name told by him) who told me that he is Senior Manager in M/s Max Life. He asked me whether his assistant has explained me about the bonus declared by the company against my policy. To clarify further, he again repeated the same story. Further he added that the investment against which bonus is being paid, was made by Max Life jointly with HDFC Life. Therefore, it is essential that beneficiary should have some policy with HDFC Life also. This insurance should have a minimum premium of Rs. 35000/- per annum. If I am not having Insurance with HDFC Life, bonus will not be paid.
3. Further he added that it has been agreed at highest level between M/s Max Life and HDFS Life, that if I take a policy from HDFC Life and convey the details of Cheque No for the premium and the serial number of Proposal Form to Mr. Agrawal, it would be possible for him to make arrangements, so that I am able to cancel the HDFC Policy after receipt of bonus, with a marginal deduction. He also told me some reference code for the bonus, which I was supposed to keep handy for confirmation on a verification call. (The mobile number of Mr. Sandeep Aggrawal was [protected]. However, this phone does not seem to be operational now.)
4. Next day, I got a call from a third person, who told that he is from accounts department of Max Life and wanted to verify my details and bonus code for preparing my case for bonus.
5. I got convinced by the story told by these three persons (like a fool) and took a policy from M/s HDFC Life in the name of my daughter Ms Medha (Policy No 15685350 dated 26th Dec 2012) and conveyed the details to Mr. Sandeep Agrawal as advised by him.
6. From the policy I observed that in the place of agent’s name M/s NETAMBIT INSURANCE BROKING INDIA Ltd, C-20, Sector-7, NOIDA has been mentioned.
7. When I checked on internet about NETAMBIT INSURANCE, I was surprised to see a large number of complaints from people like me. All these people have been cheated by M/s NETAMBIT INSIRANCE.
8. As the mobile number of Sandeep Agrawal was not operational, I tried to contact him through their toll free number but unable to contact, as the person, who lifted the phone refused to give me line or direct number of Mr. Sandeep Agrawal.
9. When I contacted HDFC Life at Haridwar, they were not able to tell me anything about M/s NETAMBIT INSURANCE, except their toll free number.
10. To my utter surprise, I received a call from one Mr. Rajeev Singhal on 30th March 2013 (Again from a Mobile No [protected]), who told me that he is from Account Department of M/s Max Life and reviewing my file for preparation of bonus cheque.. Though he referred the name of Mr Sandeep Agrawal, but shown his inability to give me his new contact number.
11. With all the story stated above, I have realized that I have been cheated by the group M/s NETAMBIT INSURANCE BROKING INDIA Ltd, using a caucus approach.

I have shared my story with you so that you are able to take some action against M/s. NETAMBIT INSURANCE BROKING INDIA Ltd and protect others from getting cheated like me. In this regard I suggest you the following approach: -

• The action of M/s NETAMBIT may be investigated. A large number of complaints available on internet against M/s NETAMBIT may be reviewed.
• The mobile Numbers of Mr Sadeep Agrawal and Mr. Rajeev Singhal as given above may be traced out to catch hold of these persons who are involved in cheating.
• Insurance companies may be advised not accept any business on advice of M/s NETAMBIT as they are cheating the individuals.
• Apparently Insurance Companies, who are appearing to be innocent, are fully involved as they are accepting such business and encouraging such frauds.

I shall be grateful if I may be kept posted with the action taken.
Thanking you

Sarvesh Gupta
A-55, Shivalik Nagar
BHEL, Ranipur
Haridwar-249493
Mob [protected]
Hi All,
You all are right. I also faced the issue. Netambit Insurance Broking india ltd giving false and wrong commitment to its customers. They are cheating us all. This company must be closed and strict action to be taken by all customers and by govt.
I also cheated with same by Agent Name Nish Mishra (Mobil No.[protected] & [protected] all things which

they committed is false and very lie people in india.
Give me also any netambit agent no

my contact [protected]

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