Paid insurance money with home and returning 50% only home loan from HFFC
Complain ID : JGJN022294 33
Insurance Complaint
Complaint Date : September 1, 2016
- State : Maharashtra
- City : Mumbai
- Address: Flat No-106, Sahyadri A/15, Lokdhara
Sir,
I had a home loan from HFFC ( home first finance company)and insisted to take the bhartia axa insurance for home safety. Loan amount is 13L and insurance amt is 58k total amount is 13.58L @ rate of interest 13.75% which I paid on both home loan and insurance. Now I closed the loan from HFFC and closed the insurance also but they have a policy to return only 45% of my insurance amount.
I paid 58K insurance amt and paid 13.75% interest from 1.5 yrs and I will get back only 26K apprx.
I feel that I have been cheated by bhartia axa life insurance.
Please help me in this matter.
Thank you
Prashant Ramtekkar
9860667363
I had a home loan from HFFC ( home first finance company)and insisted to take the bhartia axa insurance for home safety. Loan amount is 13L and insurance amt is 58k total amount is 13.58L @ rate of interest 13.75% which I paid on both home loan and insurance. Now I closed the loan from HFFC and closed the insurance also but they have a policy to return only 45% of my insurance amount.
I paid 58K insurance amt and paid 13.75% interest from 1.5 yrs and I will get back only 26K apprx.
I feel that I have been cheated by bhartia axa life insurance.
Please help me in this matter.
Thank you
Prashant Ramtekkar
9860667363
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