HDFC Life Insurance

Invested 8 lalhs ( 1 lakh each year for 8 years ]. Maturity year , after 16 years I got 13.6 lakhs ??.

Lots of false verbal and documents guarantee with hidden terms & conditions.

Dont invest your jard earned money with this or any of this kinds. Invest in land or gold.

Pathetic is an understatement.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I have 4 policies with hdfclife, huge mistake. Till you want to open start policies you get all the attention from the bank’s staff and once the policy is matured there is no one to attend to you. At the maturity of 1 policy I got several calls to invest 2/3rd amount back to another policy and that 1/3rd amount will be deposited to my account, they literally lied. Last 8 months I am struggling to get my balance 1/3rd amount and still nothing. Hdfclife is a fraud.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Mr dhananjay mishra behavior was supported. My queries is polite manner. Had great experience. @HDFCLIFE caring with pride.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Beware of scams by Insurance companuies like HDFCLIFE especially their policy named Sanchay Plus(SPL). I went to the HDFCLIFE office in Bangalore to close my earlier policies and they convinced me to put 1.50L in the above policy of policy#26805792 which is basically a scam. Let me tell you why. You have to pay 1.50L per year for 10 years plus GST for initial years, where your family members get 16L anytime you die. After 10 years you don't get any life insurance but get 2.6L each year for 10 years.

Please note you can get a 16L life insurance for 10K premium per annum. So you are left with 1L 40k per annum. Even if you do FDs of 1.40L per year at 7% pa for 10yrs you will get a return of around 20L lumpsum at the end of 10years and dont have to wait every year after that for part payment. Moreover you will also save the GST paid for the initial years. Please be careful about this.

Also bigger scam is when I paid for first year and lost my job and told them to close it before second term and they said they can't return my money because Guaranteed Surrender time period is 2 years which is a bigger scam. So they want me to pay another 1.50L+ GST(totaling 3.16L) and then close the policy and they will return back only 92k(now I am losing 1.58L but if I closeit next year, I will lose 2.22L).

So basically they are just fooling us.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I was cheated twice. I took a loan from them and they informed me about a mandatory Insurance policy. That is a wrong info. The policy is not mandatory. They cheated me and enrolled me on the policy that has 10% premium as agent commission. I have paid for 5 years and it is in 15000 loss still.

On the third year another agent called me and said that he is going to remove the agent commission from the policy and to do that he told me to join in an endownment policy where there will be an assured 9% return for both the policies. Which is again a lie. Both the policies are in loss now.

Whenever I pay the premium it pains a lot to see the funds in loss and being cheated. I curse the people who cheated me. They will become bed ridden and will lose all the earned money to cheaters like them.

God will not show any forgiveness for the pain that they cause to middle class like me. Their children will go bankrupt for the sin their parents have done.

There are lot of other mutual funds available. I request people not to fall for them.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

They cheated me. After cancelling Policy they have been using my money free of cost from last 15 days. hdfc life is fraud bank, they are cheating customers and using hard earned money of customers in free of cost. Never buy any policy from them . Please reach out to me on my email id and I will share all the proof and emails. My policy number is 1210111811666

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Despite informing the co. in advance vai email that, we are not renewing the policy and requested to deactivate the auto debit facility, they collected the premium on due date via ECS. The customer service guys will take you for a ride. Also , they keep on calling for renewing the policy. Please be careful when dealing with HDFC life. If possible I would give them zero star. Naam bhade darshan chote

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Hlo dear friends i am sharing my honest experience hdfc life insurance.His products fake his agents not give true informations please we aware i don't like hdfc products at the last time claims not approved so i not recommended this

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Mr. Sundarakumar sivakasi told me about the pension plan as one time investment and You need not pay after 1st payment

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Dear Sir/Madam,

Hope you are doing well.

My name is Piedade Salvador Antonio Cruz, holding a policy with HDFC LIFE number 04416768

I would like to place a complaint about the handing of my life insurance policy as mentioned above(Policy Number 04416768)

I started the policy in June 2021 with Exide Insurance, with premium of INR 2, 00, 000.00/- .I have paid two premium each of INR 2 lakhs for 2021 and 2022 to Exide Insurance. The premium was paid through my UK(GBP) account. Hence, I had not paid any GST as per our agent Faiz Javid, who had confirmed that NRI don’t have to pay. Then my insurance moved to HDFC life and did the same payment in August 2023 for the same amount. But HDFC life is saying that I must pay for the GST.

Since then( August 2023), I am discussing with my agent Faiz Javid, who then introduced me to Laxmi Sunil and then lately Karthik. I was asked to fill several forms to prove I am and NRI, which has been already done twice. Also was asked to send email several times since then, which I have done. But I am frustrated as I have no answers from them. I am not sure what is the state of my policy now.

Their contact details are, Faiz Javid(+91950056xxxx), Karthik, (+91866726xxxx), Laxmi Sunil(+91917665xxxx)

I would like to let you know, the above 3 agents are no longer responding to me.

Please I need an urgent solution to my issue.

It is above a year and HDFC LIFE is not able to provide a correct solution.

Thanks

Piedade Cruz

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

On the advice of a HDFC Life Sales person I bought a policy 3 years ago.

Only now I realised that they are basically out to swindle you.

When I'm trying to surrender I'm losing 4lakhs out of 6Lakhs

I'm completely heartbroken.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

HDFC life insurance have a wide range of policy of different life stages. The customer service is not responsive . They do not provide thd clear guidance through oht the policy life cycle. They have hidden tax and charges. The online portal and mobile app are nit user friendly. The hdfc life insurance is expensive comoared to the some other competitiors. The police terms and the conditions have a complex wording. The staff is not attentive. They don't answer the calls . There is a quite huge queue in the branch. Life insurance is not perfect it is not pocket friendly I would not recommend this insurance to anyone.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I have HDFC LIFE SANCHAY PAR policy, which was sold to me by a HDFC official by giving all misleading and wronginformation which he had got in his laptop. Annual premium is Rs 5 lakhs for six years. Total fraud. This is year end, so be careful. The agents come with all bogus promises to reach their annual targets. Don't fall into the trap. You will be losing your money for sure.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Very incompetent support system , had to change a name in the nominee buggers have taken more then a month and trust me they are least interested, I have mailed multiple times , spoken to customer care multiple times but they are super dumb and ignorant. Please don't buy hdfc life it's a pathetic product

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Bad experience with Hdfc Life palava dombivli and misselling policies to customer and wrong information give to customers. Force to missell insurance policy to customer and then take action on lower staff instead of person who gave wrong information on call Force employees to resign and politics doing and wrong policy giving

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

You can never get your money back. I invested 8 years back and when I needed the money urgently, HDFC life never processed the surrender. I had to go to IRDAI but still did not get the money back yet.

If you really dont need your money back, it is best to invest in HDFC Life

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Never buy a policy from HDFC or any banks because they will take your commission but zero service for entire term. I already made them aware by visiting HDFC Life branch at Dadar west but no change in their behavior. I also made a remarks on the email but .

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I Ask a Loan against my policy and even i try 3 week tjej Ask each time this paper that paper , Very bad service and even Loan not approved When i have a slunder value 2.5 lacks not even Give a Loan 1.5 (reason saying some old Credit card payment not Done proper time )

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Poor customer care, fake office address and low returns and no ontime payment.

Avoid using hdfclife insurance

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

HDFC LIFE has one of the most disappointing policies due to the deceptive practices of their agents from FINWAZARD TECHNOLOGY PVT LTD. They lure people into buying policies by offering fake incentives. It is strongly advised to exercise caution before purchasing any policies from them.

Here are a couple of concerning aspects of their policies:

HDFC Home loan interest rates are claimed to be reduced to 5% for Home Loan & 5.5% for top-up loans.

The total maturity amount of 19, 12, 532 INR was promised by a fraudulent agent named Balaji(contact numbers: 9042084416, 8939720262). However, the official document sent from HDFC states the maturity amount as 11, 43, 000 INR, which is entirely non-guaranteed.

Upon questioning this agent, he tried to justify the difference by saying that the 11L+ 7L(insured amount) would sum up to 19L, but it turned out to be a deceitful manipulation.

Please be wary of such individuals and thoroughly review any policy offers before making a decision.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.