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Kotak Mahindra policy foreclosure scam
I’m really worried and sincerely I have doubt about Kotak Mahindra policy, Look Like it’s another scam in Indian society. one more thing Kotak Mahindra staff Branch office Agra are very rude and not response properly.
I am living abroad and came to India in 2007, a Kotak Mahindra agent got my information from other sources, I don’t know how they got my information and came to my home, they convinced me several time to purchase Kotak Mahindra policy, they shown me some brochures and promised to get interest of invested amount up to 40-50% after 3 years, I saw those document and got trapped, after few days I returned to my residence country and when I tried to contact K.M Agent, I heard they left the Job and after that no information and nothing, after one year, when I got policy value I was shocked it was only 155,000 Rs, However I paid 250,000 Rs for 3 policy, when I search on internet, I found lot of investors cursing and abusing Kotak Mahindra, after that I understand this agent cheated me and thought, it’s not worthy to renew this policy again. but finally I did for 2 policy and rest one policy of 100,000 rs I forget or you can say I missed, when after 4 years I tried to check the policy value again, there was nothing…I contacted them again but they refused to renew the policy of 100,000 rs. they given me an email ID email@example.com to contact, and I send several emails but no response and nothing Just I got auto respond. please suggest me, what should I do? they are doing this fraud business on regular basis and no control and nothing?
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