[Resolved]  State Bank Of India [SBI] — insurance policy

Address: 110053

This complaint is in reference of letter (Ref: ops/claims/umat/int/51881/[protected] received form sbi; regarding maturity of my policy number [protected] uin number 111n0555v01

At the time of purchasing policy i was promised with day dream number, but after seeing the letter i am very disappointed. It states that maturity amount would be rs. 108514/- (Before tax), however i've already paid 105k (Approx). Even a simple 4% interest would give more than the maturity amount.

I tried to connect with sbi so many times so that i can have real time status time to time, but they always used to reply with vague
Answer.

I am unable to understand that if this shubh nivesh is totaly an market base policy then why a person cannot see real time value (Time to time). Or if it is a traditional policy then how sum assured can be lower than (Premium) paid amount.

I don't know how much they spend on their employee to train so that they may cheat the people

Waiting for sbi kind and clear reply.

P. S. Ever i raised any concern, i got ambiguous reply.

Regards,


Mohd. Shakeel
Imindian. [protected]@gmail.com
[protected]@rediffmail.com

+[protected]
+[protected]
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Oct 7, 2017
Complaint marked as Resolved 
State Bank of India [SBI] customer support has been notified about the posted complaint.
Verified Support
Sep 04, 2017
State Bank of India [SBI] Customer Care's response
Dear Shakeel,

We acknowledge your concern. Our team will get back to you shortly with the required information.

Thanks & Regards,
SBI Life Insurance - Customer Care
Verified Support
Sep 06, 2017
State Bank of India [SBI] Customer Care's response
Dear Shakeel,

With regards to your concern, a detailed reply has been sent to your email address recorded with us. For any further assistance or clarification please contact us at [protected]@sbilife.co.in

Thanks & Regards,
SBI Life Insurance - Customer Care
 
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