SMC Insurance Brokers Pvt. Ltd. — sold insurance policy by offering personal loan

Address: Pune, Maharashtra, 411061

Smc insurance ltd is a fraud company who tries to offer personal loan and sells you insurance policy stating that you would recieve cashback of the premium paid.
My brother got a call from shikha stating that she wud provide personal loan from hdfc bank at 8.5% p. A. My brother has less knowledge of banking and loans and hence he agreed. Next was the proposal of purchasing insurance against personal loan offered which would get cashback in 90 days. A local person from smc called my brother at a common place and took his sign in a hurry. Since then we never heard back from shikha nor from smc. The policy document arrived at my place post the 15 days return policy. I happen to take a glance at the policy the same day and understood what was the case. I went to the office of omburdsman as well as the future generali main office at pune and got to know that such instances are very common from smc.
Moreover, the insurance policy document which came in has vodafone customer care number as contact details for the policy. "a total fraud" company.
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Feb 21, 2018
Updated by Gupta Mayur
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    Haveli
    Maharashtra
    India
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