[Resolved]  Policy Bazaar — refund of premium debited but transaction failed.

Address: Gautam Buddh Nagar, Uttar Pradesh, 201301

On 25/01/2019, i used policy bazar website to renew my two - wheeler insurance (Expiring on 26/01/2019 at icici lombard) with hdfc ergo. My account was debited with the premium of rs. 5723/- at 6.26 pm but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Apparently policy bazar used the payment gateway of paytm. My grievance is against both these service providers. Neither of them has acknowledged. No assurance till now of resolution.
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Mar 16, 2019
Complaint marked as Resolved 
Refund received soon after complaining to this forum .
Policy Bazaar customer support has been notified about the posted complaint.
 
7 Comments

Comments

Today 22/12/2020, i used policy bazar website to renew my two - wheeler insurance (Expiring on 02/01/2021 at United India Insurance. My account was debited with the premium of Rs. 1238/- at 11.26 am used Indian Bank Net banking but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Request to return my money at the earliest.

Message Details from Bank Given below

Your A/c XXXX511674is debited by Rs. 1238.00 for IBIBO-[protected]/WWW.POLICYBAZAAR.com/thru Net Banking - ref: [protected]- 22/12/2020 11:26- Indian Bank
Today 22/12/2020, i used policy bazar website to renew my two - wheeler insurance (Expiring on 02/01/2021 at United India Insurance. My account was debited with the premium of Rs. 1238/- at 11.26 am used Indian Bank Net banking but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Request to return my money at the earliest.

Vehicle No KL25F2268

Message Details from Bank Given below

Your A/c XXXX511674is debited by Rs. 1238.00 for IBIBO-[protected]/WWW.POLICYBAZAAR.com/thru Net Banking - ref: [protected]- 22/12/2020 11:26- Indian Bank
Today i paid for my hondacity car renewal insurance... My balance detucted from my google pay but policy not renewal...

Thanks
Ajay singh

[protected]

[protected]@gmail.com
28JAN 2020 06:00 AM

PAYMENT FAILED

Yesterday 27/01/2020, i used policy bazar website to renew my two - wheeler insurance (Expiring on 30/01/2021 at National Insurance. My account was debited with the premium of Rs. 1457/- at 07:34 pm used sbi bhim pay but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Request to return my money at the earliest.

Message Details from Bank Given below

Rs1457.0 [protected]@SBI UPI frm A/cX8395 on 27Jan21 RefNo[protected]. If not done by u, fwd this SMS to [protected]/Call [protected] or [protected] to block UPI

Vehicle no.: MH02DV8161
Mobile No.: [protected]
Email Id: [protected]@gmail.com
Yesterday 27/01/2020, i used policy bazar website to renew my two - wheeler insurance (Expiring on 30/01/2021 at National Insurance. My account was debited with the premium of Rs. 1457/- at 07:34 pm used sbi bhim pay but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Request to return my money at the earliest.

Message Details from Bank Given below

Rs1457.0 [protected]@SBI UPI frm A/cX8395 on 27Jan21 RefNo[protected]. If not done by u, fwd this SMS to [protected]/Call [protected] or [protected] to block UPI

Vehicle no.: MH02DV8161
Mobile No.: [protected]
Email Id: [protected]@gmail.com
Yesterday 15/03/2021, i used policy bazar website to renew my two - wheeler insurance (Expiring on 16/03/2021 at New India Assurance. My account was debited with the premium of Rs. 4607/- at 10:58am used sbi net banking but the transaction somehow failed. Till this moment money is not credited back to my account. It should have happened automatically.
Request to return my money at the earliest.

Message Details from Bank Given below

Thx for INB txn of Rs.4607 frm A/c X7004 to POLICYBAZA... Ref#IGAKSUYMQ9 on 15Mar21. If not done, fwd this SMS to [protected] to block INB or call [protected]-SBI

Payment Failed

i was buying policy for my four wheeler from policy bazaar site and choose upi payment and even paid an amount of 2445 rupees on march 17th 2021.

the money got debited but it is now showing on the payment page.

Screenshot is attached and i need refund for the same.

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