Fraud by ICICI Group 😡 | Family lost their INR 80 Lac! | ICICI Bank | 😢
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- čas přidán 18. 03. 2021
- Link to Uncut version (without music): • A Fraud by ICICI Bank ...
• A Fraud by ICICI Bank ...
• A Fraud by ICICI Bank ...
• A Fraud by ICICI Bank ...
In case you have a similar issue please feel free to contact us at:
Nitin Balchandani
Insurance Angels
+91-9587777650
Email: info@insuranceangels.in
Follow us on:
Twitter: / insuranceangel
Website: insuranceangels.in
Can you imagine a middle-class family being openly looted by a reputed and renowned corporate group like ICICI??
If you think it is safe to blindly trust employees of a well-known and well-regarded bank, then you must watch this video to find out how this family's deposits worth Rs. 80-85 lakhs have been forfeited by the ICICI group.
If you think that these clients signed the proposal forms for insurance policies and that therefore they only are to blame for the fiasco then you need to understand that an insurance company’s primary task is to underwrite the risk cover being sought by a prospective client. That is, the insurance company needs to satisfy itself if the prospective client is in a position to continue paying premiums regularly and if the risk cover being sought is as per the needs and requirements of the customer or not. This is done by way of verifying various declarations made in the insurance proposal form and the Agent Confidential report signed and submitted by the agent along with the proposal forms.
Also as per the Guidelines on Anti Money Laundering program for Insurers issued by IRDAI, the insurance company is mandated to ensure that the insurance being purchased by a customer is reasonable (i.e. as per the needs and requirements of the customer). Accordingly, the customer’s source of funds, his estimated net worth, etc., should be documented properly and the advisor and/or employee should obtain income proofs, to establish the customer’s need for insurance cover. Also, the requirement of exercising detailed due diligence for all customers paying premiums higher than 1 lakh per annum by the insurer is clearly and specifically mentioned in AML Guidelines.
The IRDA through its notifications has also mandated that all Life Insurance companies must adopt the practice of PIVC (Pre-Issuance Verification Call) to prevent mis-selling and unfair business practices and to ensure that during policy solicitation and sale stages, the prospects are fully informed and made aware of the terms and conditions of the product being sold.
Hope the regulators put their foot down and ensure effective adherence to the laid down guidelines at least by reputed and renowned corporations like ICICI.
Groups like ICICI also have a moral and ethical responsibility towards their customers and they are bound by their code of conduct policies for zero tolerance to such frauds and employees involved in such acts deserve to be severely punished.
#bankfraud #scambyicici #bankscam #insuranceangels #insurancepolicyscam #insurancefraud #scam #scamalert #scamvideo #insurancefraudinvestigation
Those ICICI people are reckless. Just imagine if we lose 10,000 and we understand the pain and this family has a loss of an 80 L. God give them strength and fight with those bastard.
I understand yaar..10 hazar kya usse kam ka b kuch ghapla hogya toh...😌...it hurts
Lol..stop giving judgement by listening one sided story....
@UCVXiP1okKBXuLlF1RxBMcxQ 🤯
@@MB_speaking Do you have link for response from ICICI side? See the fraud news about ICICI bro, you'll see many.
@@saranrajk6282 bro that's is court to decide who is fraud...just putting allegations on someone does not make anyone guilty...it's needs to be proven in court of law....this people just making stories without any proof...
This should be on national TV and should be run like a campaign in newspapers, TV channels to highlight the rampant misselling and losses to public
Hopefully....It might happen some day but for now this seems like a distant dream because organization like icici spend hefty amount on advertisement and large chunk goes to prominent media houses. Regards
Take help of some non profit organisation, write to consumer forum, don't give up. Some media house who is not sold out may definitely like to take up if your case is stong
Now, these Pvt players are doing the same thing in GOV'T BANKS too. ALL PVT INSURANCE HAS TAKEN TIE UP WITH GOV'T BANKS and doing same frauds.
Modi ka maya
HDFC and ICICI are known to do this.I can imagine the frustration of these families.
Bhai axis ko kese bhul gaye😅
the big they are the more fraud they do, even my father got stuck in a credit card interest which my father didn't know they didn't told him he was using it as a debit card, after some time we had to pay 1.5 L just interest, and this is a lot for us as our family income is less as we live in a tier 3 city, what we should do is read all the documents do not trust anyone.@@malayaranjansahoo6448
hdfc ka doosra naam gunda bank
Yes Axis Bank is also involved in this type of frauds.
In the name of health insurance or growth plans.
Senior aunty is so sensible. She raised her hand when she had a point to make. Thing to learn
Yes, they look like innocent people, the raising hand in such a informal discussion tells that, and because of that only they get fooled, such people should get justice
@@swapnil155Shut up man.. whatever. That's the manner. The conversation isn't informal.. they knew it would be broadcasted to public as he kept mentioning 'audience'. You don't interrupt such a conversation unless you're a barbarian. And wdym by 'because of that only'? Having manner isn't being fool.
@@ImBlackDragon u should shup up kid, no wonder they lost so much money as they dint even bother to read the documents they are signing
3yrs have passed??? and still not resolved. No charges have been filed?? ROUGE'S. no justice have been granted to them??
This is scary. I have investments in ICICI Prudential Balance advantage fund. How safe is it. Should I withdraw the money.
More power to you, creators like you make India financially aware #JagrukJanta
aye nice to see you here! Came here after watching your videos on ULIP and endowment plans. Love you guys and channels like these.
Nice to see you here!
You too Mr. Labour Law
@Ankur Shukla ya banda 80 L account se cut geya aur bolraha hai ke "mene koi document signing nahi ke, Tab ya bank ka froud kase hai, ya koi external source ko pasa deposit keya hai, usko deya hoga (OTP) ke lo vai mera pasa katlo aur merako raddi vgdo.😂🤣😅😛
Has there been any progress in this case.. As the advisor had promised action
I have a total of 71 shares of icici bank and tomorrow when market opens, I will sell all of of them
Yes ICICI merchant POS finserz lotted me by taking lots of charges
You might have doubled tour money bro 😢
71 share se kuch nahi hoga bro
Mere mf walo ne icici mein invest kiya hai,mein kya karun😅
@@beingpractical3293poora mutual fund bech do 😂
hats off to the family to reveal the fraud of the bank
I'm a SBI customer. They never respect customer but money will be safe.
😂😂😂😂
there are millions of people looted by SBI bank, after many times faulty deduction finally I closed my account with SBI.
True bro.SBI Customer Service is unfriendly and shitty af.But it's safe and never had any safety issues.
Absolutely in SBI money is safe, these private banks are looters, dont go for private agencies
S SBI customer service is the worst.They act as if they r giving money from their own pockets
Brilliantly done. I m from the Banking sector and I am ashamed of such an institution in our profession. Zero Ethics. Like CEO like staff.
Greetings!! Sir,
Thank you for taking the time to look at our work and to appreciate it. To us, it's extremely important. Please do subscribe to our channel and watch our most recent video, in which we discuss how we helped an ex-banker from Dubai recover money from a policy that was mis-sold to him almost 9 years ago and for which he had been fighting since 2014. We raised the case on April 13, 2021, and he received the approval e-mail from the company on May 18, 2021: czcams.com/video/g8pPO1T-Vhk/video.html
Same happened in year 2010, they took 60k for more than 3 years, & suppose to pay 90k, but finally returned 59k , I was completely blank that moment. Their simple ans was this is the current market value.
Never ever invest in private banks directly, except nifty 50,
I completely empathize with you Sir.
You should have known where the money was going. You didn't evaluate the policy
This video popped up on my CZcams feed and I'm SO GLAD it did. Thank you for opening my eyes.
Greetings!! Ma'am,
Many thanks for the kind words of encouragement and appreciation. It means a lot to us. Regards
@@InsuranceAngels Would love to know the update on this case. Please give some insight on the latest update.
@@Rameshchauhan-zp6uf Hi Sir,
This case is currently filed in Permanent Lok Adalat, Mumbai. We are awaiting a decision and will keep our audience informed as and when we receive any update. Regards
@@InsuranceAngelsDid you get any update now ?
Please make this video viral. This must be brought in RBI’s notice.
RBI is sleeping and encouraging banks to sell third party products. See in Banks nowadays instead of Deposits and Advances Mutual Funds and Insurance are sold. After few days Banker will forget what is Deposit.
RBI chor hai ask Pmc Bank depositors more than 100 died
Yes RBI ban Paytm fasttag,i had 60 rs in account, they only refunded deposit not 60 rs,so much fraud happening.@@balchandrarao5223
I had a bad experience with this bank long back. My FD matured. I dint notice . They kept it for over a year, no refund, no interest I had to fight to get interest.
A similar painfulnsituation happened to me when my father took a loan of 55 lakhs from HDFC Bank after the sales manager came to my house in my absence and urged my father to take it.I managed to repay the loan with several person's help.
What???
He randomly convinced your father to borrow 55 lakh????
How why???
What was you father thinking??
What did sales man told him???
Well then it was your father's foolishness in that case. No one can literally force/ manipulate u to take loan unless u r dumb
80 lacs loss would be a devastating for middle class family, ICICI BANK must save its face by doing justice to this family.
Greetings!! Sir Pratap,
We have presented the case to IRDAI as well as to Icici Prudential's senior management. If we do not receive a satisfactory response from them, we will proceed to escalate the case to the appropriate forum. I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: youtu.be/ 0UVLYmuqOw. Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
@@InsuranceAngels Sir , you should also file this case to Ombudsman services.
@insurance angel .you are doing a great job
80 lkhs tho chodo if I lose 80 rs for such fraud that too from bank ...I can't sleep for atleast 80 days 😭
घंटा मेरा 6000 नहीं लौटाया consumer forum जा कर bhi. उल्टा मेरे पर आरोप लगाया की मैंने hi अपने कार्ड की क्लोनिंग करी hai
Financial education needs to be a part of every school curriculum
Rightly said..
yup..as well as basic legal education also...instead of teaching useless historic past stories
@@nid274 History useless ? 😂
@@nid274 if good laws not enforced no use
@@1993subha what was told by cbse board history was certainly useless.
Very sad i can feel the feeling of the family Govt should take an action immediatly
Really eye opener to stay away from any offers from relationship managers. It's your money you need not give the acces to anyone.
Big thanks to this family for coming out that their hard earned money has been fraudulently looted. Thanks to them to think of benefit of general public.
This family us lazy the guy is very sust..they hav simple given away not reading policy.
For these type of banks, harshad Mehta is the correct guy.
😂😂😂
Ultimately it'll be common people like us, who gets robbed.
Why is Ed Sheeran replying here? 🙄
😂😂😂 true. They had a sisterly figure as its chairman though.
hahaha correct
I had a similar experience with HDFC Life. I was cheated and fraudulently thrust with a policy with all false promises. When the same person again tried to sell 2nd time. I recorded and reported to HDFC. After 4-5 escalations and warning for legal action, they paid back the money - Rs 3.15 lacs. Their own staff was involved along with agents.
I've the same issue with HDFC Life Medical Policy. The Policy was sold through the Bank and now I have to fight my case in Ombudsman. I don't know if Ombudsman has been bought over by HDFC Life because so confidently they are giving me the name to go and complain at the Ombudsman. Looks like the case will be ruled in their favor and we common men are left with nothing. Today also if you go to the HDFC Bank you have people selling all different products sitting in their premises but if there is an issue they point blank inform you get in touch with the respective company. I also question them why they are selling😮 the products in your Bank??? Richard Mendes
I was working in the banking sector in a similar third party relationship with an insurance company. M not taking the side of the bank or the insurance company here. All i want to say is that I feel, what leads the employees of banks and insurance companies to such mis selling is the extreme work pressures through irrational targets set by their managers and directors. The reality on the ground is quite different. It is probably a middle class citizen working at these banks with mega financial dreams (nothing wrong with having high aspirations) trying desperately to make it large in life without realising that it takes a lot of hard/smart work and patience to get there. They see such opportunities as shortcuts to get them closer to their dreams. This segment of society is also the most competitive and cut throat that they are willing to do anything to get to their goals. Morals are secondary at this point. Thank you for sharing ur experience. I hope it helps you recover ur funds at the earliest. Keep up the good work Insurance Angels.
Good Morning Sir,
I am happy you brought up the issue of morals and ethics. The truth is that these values are losing their shine and today's generation actually does not care and understand the importance of these values. All they want is to grow even if the growth comes at the cost of immoral practices. They do not understand that such practices are burdensome and will keep haunting them.
As for the update on the case, we are working with more than 92% resolution success rate and this particular case is currently pending for a decision by Permanent Lok Adalat, Mumbai. We are expecting a decision soon. Regards
So what do you think will be a fix? Because everyone turns into a thief doesn’t mean one should turn into a thief due to peer pressure…
there are societies where such acts are highly condemned and paves way for mob justice where people take justice into their hands to treat those scammers…
India is highly competitive due to very large population but if everyone becomes a scam artist giving reasons to do so, then what’s the point of being in a society…
though i have an icici account ,i will neither take any loan or invest in any policy icic.
it's very saddening to see the pain in eyes of the family especially the old lady. those icici bank official should be punished legally
They should registerd immediately an F. I. R for those agent who has cheated them. The whole family should get justice for them
Greetings!! Sir/Ma'am,
This is a complicated case that will require some time to resolve. We have raised the issue with IRDAI and Icici Prudential's senior management, but have received no assistance as of yet. We've decided to file the case in Permanent Lok Adalat. However, given the current situation, it may take some time to resolve. Please subscribe to our channel and watch our most recent video, in which we discuss how we helped an ex-banker from Dubai recover money from a policy that was mis-sold to him almost 9 years ago and for which he had been fighting since 2014. We raised the case on April 13, 2021, and he received the approval e-mail from the company on May 18, 2021: czcams.com/video/g8pPO1T-Vhk/video.html
Very good job. Grand salute to u insurance angels.You have proved that humanity still exists. My best wishes and support are with u and the whole family. 👍
So true...
@@InsuranceAngels you are doing a good job. Keep it up. post this case updates.
Send the owners of ICICI to jail immediately
Bhai kya huva in logo ke sath please tell bg song ke Karan kuch samg nahi aa raha. Loan liya tha ya fir investment kiya tha l.
THEY WILL NIT BE SENT , ICICI IS OWNED BY BJP LEADERS
Bro.. this is happened at very beginning of 2014 😂😂.. @@oms5141
@oms5141 yeah just like LPU owner.. owned by AAP M.P😊 btw what is the name of the owner of ICICI bank bro??
Mrs Chanda already facing cases and visited jail many times😂😂
Feeling so sorry for u guys. Thanks for bringing this up. Please file a complaint with the IRDAI and file a case with the consumer court.
Hi Sir,
The case is currently pending for resolution with Permanent Lok Adalat, Mumbai. We are expecting a decision soon. Regards
@@InsuranceAngels Kindly update this. Our trust in the system depends on this family.
My sister runs a small school and has an account in a public sector bank. Her employee forged her signature on a cheque for 15,000 and ran away with the money. When my sister went to the bank to complain, an employee said, "Really, this isn't your signature? Please sign right next to the forged signature on the cheque so we can compare." She trusted him and signed. Right away, he said, "Now that you've put the correct signature on the cheque, I will say that it was there originally when your employee brought it in. You have no more case against us."
Cool story bruh. That never happened. Cheque stop payment is literally one button.
@@CountingStars333 This happened in 1999. No internet. She didn't realise the cheque was gone until she went to the bank to update her passbook.
Closing my ICICI BANK .
Thank you for the information.
Ur ICICI Bank?
Just wait, there are corrupt officials in every bank...I don't fall for any schemes. We don't have to oblige these rascals.
@@vishvnathu.4086😂
Such an honest and sincere family.
May their hard earned life savings be recovered soon. My prayers for them. Please update us with their status. Blessings to all honest people.
Greetings!! Sanjeev Verma Sir,
I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: czcams.com/video/_0UVLYmuqOw/video.html Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
Are they get refund?
@@MathsLearningCenter they will only get disappointment if they only try for refund
Financial education is a must . I am a banker in a PSB . Have account in both osb and pvt . Better to invest in govt schemes like ppf nps and bank products like fd rd . never park your money through any agent.
Such educated people also get in the trap of agent. When we buy policy, they are given a free look period. You should have read your policy. It is a mistake of such a family.
I am sad for you.
Being ex employee of a pvt sector bank, I strongly recommend not to trust pvt sect banks.
yes sir i am 100% agree with you. ICICI prudential was a fraud.....
Yes sure. I also.. A ex employee of pvt bank.... Too much fraud... Totally fraud
I am 100% agree with you
Whole life you believed private sector and now giving GYAAN
I've invested from 5 years in ICICI ulip and my investment is lower than the invested amount
only way is, STOP🚫 Selling Insurance in Banks
Right
But it's not possible because, which is the one of the major source of income to banks
Anyone can cheat anyone.. the key is to be aware and be vigilant at all time. Not only while dealing with money but also in other matters. You can trust but not blindly. That is the only way to protect ourself.
Feel sorry for the family,keee up the fight.we are with you.
The bank employees and their insurance agents will always persuade you to purchase any rubbish scheme and afterwards they won’t come for help.
I cant bear the pain i saw in the eye of his wife....every member of this family is so charming and calm,and educated ,but they were so unaware that in this world there are brutally poisonous and dirty eaters.
Greetings!! Sir,
I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: czcams.com/video/_0UVLYmuqOw/video.html
Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
@@InsuranceAngels i appreciate your works,you are doing very hard for people who find themselves helpless. Salute to your work keep doing....and i will share the link ,so that most of us ,would atleast be aware from what is happening.....
yes,now days well educated persons are deceived easily like sch a scam. very miserable.
@@venkateshwarancr4729 'cause they just cant even imagine ,these types of monsters exists in our society
@@venkateshwarancr4729 Who would even imagine a bank like "ICICI" would do like this?
This is not only ICICI bank doing such kind of fraud, there are almost all bank and financial institutions doing the same. Government should have take strict action on it
Government is with them .
I totally understand their pain. It is very important to read carefully the policy documentation, all the terms and conditions at the time of the issuance of the policy. i guess they missed reading the policy details if they got the documents.
As x banker I would suggest, what ever the sales people say verify with other bank also by VISITING pl.
I feel really sorry for this family, chilling experience to watch. It can happen to any middle class family. Many thanks to them for coming forward and talk about it to help other people who are ignorant about various schemes offered by banks
80 Lacks which could be the maximum savings of a life time... never get in to a product which you don't understand ...the 15% interest is the hook ...Our Prayers are with You...Keep Fighting and once you get the money back go and the bank officers personally...and make sure this will not happen to anyone else ....
They won't appeasement of their clients . They are doing their duty perfectly to safeguard money, but not spending their time to respect customers. It's absolutely correct ❤❤❤
Banks are doing less of banking and more of distribution of mutual fund and insurance policies as they make lots of money on these products.
I can feel the tears in his voice 😢
Greetings!! Sir,
Thank you for taking the time to view our work. It is incredibly satisfying to us. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted an entire village in having their mis-sold policies cancelled and the money refunded to them at a time when they needed it most (during lockdown) and when they had lost all hope of recovering the money from the claws of such a large organisation as Icici: czcams.com/video/XBFaLeGgMoo/video.html
Keep an eye out for the part where he compliments us for our efforts and hard work towards the end of the video.
@@InsuranceAngels Did he got his money
Feeling really sad for that girl, she is looking really helpless n hopeless..i wish they get their hard earned money back..
I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: czcams.com/video/_0UVLYmuqOw/video.html Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
@@InsuranceAngels thank you so much for helping them out.🙏🏻
Modi Ji and Sanjeev Sanyal Ji please do something about this. If India need to be a serious world leader such frauds are unacceptable. Nobody can then trust Indian banks if this continues
Stop worshipping these guys..They don't care what happens to a common man
They care for Ambanis, Adanis, celebrities etc. not for common people of India.
Govt doesn't take strict action against them that's why they do looting like this 😡
The way you asked the family abt all incident is very polite, humble and manner. I don't know this family, but would request you to help them in this matter. Peoples now a day adopting disgusting ( one can say criminal )way to fulfill their target.
Hi Sir,
This case is currently filed in Permanent Lok Adalat, Mumbai. We are awaiting a decision and will keep our audience informed as and when we receive any update. Regards
Sir any update on this case??
We will never open our account into Icici bank untill you won’t get back your money also inform to my all family members and relatives
We are with you guys
I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: czcams.com/video/_0UVLYmuqOw/video.html
Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
These ralationship managers are on contract, I also would suggest dont give money to private banks, take care while putting money in mutual funds too.
Only ICICI gets all amazone deals, was planning to take one....seeing this became aware. Thank you
IRDAI must take immediate action against them.
Kha pi leta hai icici say
They dont take action
IRDAI,SEBI,RBI all these bodies are just joke when it comes to irregularities.
i am glad that we are now making people aware of such products , and why we need to keep insurance and investments separate always. great work , keep it up
How's the law suit applied.please for my knowledge pls share a video.Since they will club the case with multiple victims and do we need to seek some approval from irda
@@karansena by one email to IRDA and they are jobless
Uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuiiuippu
Yes " NOW"
SBI bank does the same. I have got 2 policies from them. To buy the policy becomes compulsory if you need bank locker etc.
Fully agree. I was also conned by the ICICI Life agent . He was introduced to me by the branch manager. But when I had some queries about the policy , the same branch manager washed his hands off. Ditto is the case with ICICI wealth managment. All of them out to swindle you.
This is common practice now. Agents are sitting inside bank and bank employees are redirecting customers to them. Always look for ID card and ask for details in written.
That you will never get
@@ShlokMalkauns my husband did not even give his original document for proof to third party agent sent by bank.we were like hum bank jakar he document denge n not to any third person coz it’s original document ka photo
That is why old type of private sector banks and PSU banks are better and trustworthy.
I am a victim of a similar scam from Yes Bank. They told me it's a product, but they sold me a policy. I feel we should investigate a lot more before investing rather than trusting these RMs. I've stopped listening to these guys now, and others should do the same.
Dear Sir,
Please call me to discuss your case in detail. If you want to fight to recover your lost money, I will be more than happy to help you. My contact information is available in the description and at the end of the video. I am proud to mention that we are working with a resolution success rate of more than 92%. Regards
@@InsuranceAngels what's the update please let us know , thank you ❤❤
@basithakim2358 Pls call me to discuss your case in detail. If you want to fight to recover your lost money, I will be more than happy to help you. I am happy to inform you that we are working with a resolution success rate of more than 92%. My contact information is available in the description and at the end of the video. Regards
Always go to your bank and do transactions. Use your nearby bank.
Do banking with bankers, not through agents. Most of the salaried class person do at the most four transactios in a month. ATMs are their for daily cash requirements. Cash deposit machines are there. Use standing instructions. Randomly check your statement of account.
You are doing a dharmic act for saving innocent and gullible victims who have fallen pray to these ever hungry sharks in financial institutions who never let off their prey until they taste blood. May your clan increase to help followers of dharmic way of life whose true agenda is to live and let live and who are having the betterment of our brethren at heart. My sincere gratitude to you and team for helping the burdened souls. Namaste.
Namastey!! Nair Sir,
Thank you for taking the time to look at our work and to appreciate it. To us, it's extremely important. Please do subscribe to our channel and watch our most recent video, in which we discuss how we helped an ex-banker from Dubai recover money from a policy that was mis-sold to him almost 9 years ago and for which he had been fighting since 2014. We raised the case on April 13, 2021, and he received the approval e-mail from the company on May 18, 2021: czcams.com/video/g8pPO1T-Vhk/video.html
Thanks to the family for coming forward with the details. Almost everybody has been cheated by the banks at one point or the other. Main issue is the “agency problem”. Agents enjoy commission but dont take any form of responsibility and dont face any consequences if customer suffers.
Hindi me bat karo
HDFC Life has cheated me ₹.50,000/- and HDFC Bank has cheated me ₹.5,000/-.
Did these people care to read the policy document issued to them in the first place? Their carelessness is also a reason for this situation.'Trusted them, is not the right approach when you give away your money.
Very rightly said....agree 👍
Please take immediate action and uphold justice. Such incidences should not happen. Clear cheating.
It takes lot of courage to come out and speak about what mishap happened by a big brand like ICICI of which i am customer myself, i wish the family get their entire savings back along with the compensation for the sufferings , and the fraudsters being put to justice . And thank you for bringing into notice such scams so that people like us are extra careful in future to avoid such incidents.
Hi Tanmay,
This case is currently filed in Permanent Lok Adalat, Mumbai. We are awaiting a decision and will keep our audience informed as and when we receive any update. Regards
@@InsuranceAngelsits been an year. What was the conclusion?
That back ground music killing the seriousness of the video.
Greetings!! Sir,
This background music has been removed from all of our subsequent videos. Thank you for your candid reviews. I'll confess that this was our first video in which we attempted to use music in the background, and it went horribly wrong. Do not forget to subscribe to our channel and watch our most recent video, in which we discuss how we assisted a senior citizen who was defrauded of Rs. 3.5 crore by HDFC Life and RBL Bank employees: czcams.com/video/d2ErOFnuYwE/video.html
Keep an eye out for the end of the video, where the client's daughter can be seen applauding our efforts.
@@InsuranceAngels it went so wrong than you can imagine
Volume is too low on smart phones, I used amplifier
😂😂😂
Very true
At that time, ICICI operated like a pawn shop under Chanda Kochhar. My father was also sold a high value policy on fake description. Several people in my knowledge had huge mismatches in savings and loan accounts, and managers were given fat incentives for manipulating accounts.
Congress awarded her as CEO of the year several times for this noble act of running this scam Nexus. Thankfully, she is now behind the bars.
All of you saw recently how one private bank manager shout to their employee to bring customer by current/saving account and sell insurance policy. This is the culture of private bank. Its always better to have account in "nationalise bank". Migrants who works in private bank do misselling. You can see the difference between employees of Nationalise and Private bank. Anyone with graduation degree can get a job in private bank if s/he ready to do sells job. Its a free entry for migrants to come in Mumbai.
Not only ICICI but all the banks which are engaged in this business are doing putting lot of pressure on their staff which resulted in misselling
When I took loan the SBI also asked me to mandatorily avail the Insurance policy@10000p.a. some of my friends was even asked to avail the Life Insurance@1Lakh p.a.
Very true.. The state of affairs is extremely poor and RBI and IRDA are not taking any action
@@warriorkhasei3912 are Paglu, loan lene par insurance karna hi padta hai. Woh loan ko NPA hone se bachane ke liye jaruri hai. Woh profit kamane ke liye nahi bolte
Yes sir like bank insurance has mor hni clients and therefor they will give some special service and doing that type of practice
I'm also private bank employee..huge pressure on us for Life insurance business..RBI must take callup decision immediately and stop this shit
This family needs justice and they should get their money back. An action should be taken against people who are involved in this fraud.
Dear Sir,
I appreciate your concern for this family, and I assure you that we will leave no stone unturned in ensuring that they receive their just compensation. We'll keep our audience informed about the case's progress. In the meantime, please subscribe to our channel and watch our most recent video, in which we discuss how we assisted a senior citizen who was defrauded of Rs. 3.5 crore by HDFC Life and RBL Bank employees: czcams.com/video/d2ErOFnuYwE/video.html czcams.com/video/d2ErOFnuYwE/video.html . Keep an eye out for the end of the video, where the client's daughter can be seen applauding our efforts.
My husband also had a big long time fight with ICICI bank as they cheated by depositing the dishonoured cheque again , they have already collected fresh cheques against the dishonoured one and deposited that.
same thing happened to me in 2016 with SBI
exactly same thing
wrong signatures
wrong email ID
wrong mobile number
wrong family background
wrong profession
wrong annual salary
different agent (some lady name i never kno)
i took 6 lakhs policy, no cashback was given by agent, he said hes bank employee and its directly from bank, but i saw agent n agent code in my policy documents
thank god i reported it quickly, a month after i got policy hard copy and SBI investigated it and found the agent guilty for many frauds like this and fired him
infact after that her sister (probably the lady agent) came to my house crying "please take your complaint back, my brother is getting fired by SBI
i didnt even opened the door and asked her to leave
after few months i heard from many sources that he has been terminated by SBI and his agent license has been cancelled by IRDA
I hope they get their money back. Also take this as a example why financial knowledge is so important nowadays. Never blindly trust any RM or advisor. Our Education system never teaches us these things which are actually applicable in real life to EVERYONE. Always know where your money is going. If you do not understand something then either research about it or completely ignore it never just go by the words of someone.
Can you please take off the background music next time. Those tunes make it so difficult to get the audio details.
Dear Sir,
We have removed this background music from all our subsequent videos. Do not forget to subscribe to our channel and watch our most recent video, in which we discuss how we assisted a senior citizen who was defrauded of Rs. 3.5 crore by HDFC Life and RBL Bank employees: czcams.com/video/d2ErOFnuYwE/video.html
Keep an eye out for the end of the video, where the client's daughter can be seen applauding our efforts.
@@InsuranceAngels since I am from TN, not able to get what is the actual scam discussed. Can u pls brief it in English? Thanks
@@narayanan19831
Multiple insurance policies have been sold to this family under the garb of issuing (hybrid) fixed deposits without following the norms and regulations of the regulating authorities and now the amount deposited by this family in these multiple insurance policies is under danger of getting forfeited by the insurance company because this family is not in a position to continue premium payment in these policies. The insurance company was required to verify if or not the client can make regular premium payment in policy and because the insurance company did not performed it's task properly the family is getting punished and the insurance company is being benefitted although the entire fault is of the insurance company only
@@InsuranceAngels Thanks Tarun. But there is some surrender value they should be getting right?
@Narayanan Palani Dear Sir,
The surrender value as of now is either nil or very meagre in these cases. As the family is not able to continue making premium payments they stand to loose substantially.
My strong suggestion and request is not to have any background music when posting interviews. It is very irritating.
Otherwise the video is very nice and informative. Thanks for taking up this family's matter. This video is 3 years old. Is there any update on this case?
Mostly housewives will trust bank and post office agents than their own husbands when it comes to money matters.
On my part, I am forwarding this to all my friends so that they can be saved from ICICI fraud. Mr. Yogesh, keep fighting with this fraud bank.
👍👍👍👍
Today' we close Bank account
Which policy is this ?
It's so heartbreaking to see our own people harming and hurting fellow human beings. It's like separating siblings into the same family.
Greetings!! Sir,
Thank you for taking the time to watch and support our work. It is incredibly satisfying to us. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted an entire village in having their mis-sold policies cancelled and the money refunded to them at a time when they needed it most (during lockdown) and when they had lost all hope of recovering the money from the claws of such a large organisation as Icici: czcams.com/video/XBFaLeGgMoo/video.html
Keep an eye out for the part where he compliments us for our efforts and hard work towards the end of the video.
An eye-opening video thank you for sharing. As I wanted to invest but now onwards I would be more careful w.r.to all banks. At last, I can only say that Thank you very much for highlighting.
If we r going to bank for FD, then bank people will try to trap for other insurance, policies n SIP ex.
Will try to show dream after few years you will get lekhs of money…..
Which is absolutely wrong!
Government MUST take serious actions against the culprits.
If they are worrying or afraid about government act ,how they culprits can do it bro.
Sabse bada chor to govt aur partiyaa hee isliyee yee sab hee jab nyapalika police rbi govt .system sabhi chor hee to kon dekhegaa
I don't think without govt support koi itni himmat karega..
Our government is sleeping 😴
Govt can take action because the persons have signed the agreement without reading terms and themselves responsible.
If icici is clean and clear then should need to respond this video , this video is so polite , they are asking justice .
Dear Vinodraju Ji,
You nailed it with very appropriate comments. They should come out and explain why so many policies were issued without following the rules and norms prescribed by IRDAI. Why no Pre Issuance Verification call process was adhered to? Why Icici Prudential did not called for ITR/income proof related documents of the customer to verify if he or she would be able to continue premium payment for all these policies or not.
These all three looks educated enough to read terms and conditions can't believe it
This is undoubtedly an unfortunate incident, however, thugs are everywhere, we shouldn't rely upon anyone, especially in case of money
We have a nearby HDFC Bank which opened very recently . One day I went there to enquire about availability of locker facility for the preferred customers. Instantly they started insisting me to do some policies. Even the lady who was mainly saying this, seemingly she was not even from HDFC
I reported this to HDFC over social media and then all of a sudden I started getting calls from operations manager, branch manager and they said they didn't have locker at that time and they will inform me as soon as it is available. And just tried to bypass the policy thing. Eventually they actually gave me a locker but this kind of things they always do to the customers for doing some policies or demat account or something.
While legal battles with these giants may be tough for individuals, rather impossible, PIL’s should be filed to look into these kind of malpractices. Thanks for educating.
Hi Sir,
I had filed a PIL in Hon'ble Rajsthan High Court and later also escalated to Hon'ble Supreme Court. I had highlighted more than 100 such cases of fraud done by Icici Prudential to poor farmers, widows, senior citizens and students etc. But they wanted that only victims must come forward and therefore the PIL got dismissed.
This particular case is currently filed in Permanent Lok Adalat, Mumbai. We are awaiting a decision and will keep our audience informed as and when we receive any update. Regards
unforntunately that is case in moody lingam rajya. moody has no lingam btw. In USA such lawsuits are worth 100x the lost amount and will be have fastrack hearing.
Thank God suddenly I saw this vedio as it came infront when I was scrolling down.i was going to open acct with ICICI and HDFC.thanks for saving me.God will bless u a lot
Greetings!! Novella Prihaan Sir,
Thank you for taking the time to look at our work and to appreciate it. To us, it's extremely important. I am confident that you would have subscribed to our channel by now. Do watch our recent video, in which we discuss how we helped Shobha Tai, a Maharashtra-based lady farmer: czcams.com/video/_0UVLYmuqOw/video.html
Keep an eye out for the end of the video, where she thanks us for our efforts and hard work.
आई आर डी ए को शिकायत मिलने पर आई सी आई सी आई सी आई बैंक और आई सी आई सी आई प्रूडेंशियल के अधिकारी और कर्मचारियों के खिलाफ सख्त से सख्त कारवाही करना चाहिए ताकि ग्राहकों की बहुमूल्य पैसे के साथ बैंक द्वारा अंधेरे में रख कर दुरुपयोग न किया जा सके
I have a similar case to quote being scammed first by payment manager of Bank of America at Delhi&later by the scheming official of this govt in july 2022.Some 14 banks/Institutions/agencies being involved including CCI& Consumer Forum Delhi. Self a retired EPF0 pensioner at 62.
very sad i can feel the feeling of this family and thanks god mere saath ye nhi hua because mujhe bhi ye policy kai baar bank walo ne offer ki thi
Greetings!! Sir,
Thank you for taking the time to examine and support our work. It is incredibly essential to us. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted an entire village in having their mis-sold policies cancelled and the money refunded to them at a time when they needed it most (during lockdown) and when they had lost all hope of recovering the money from the claws of such a large organisation as Icici: czcams.com/video/XBFaLeGgMoo/video.html
Keep an eye out for the part where he compliments us for our efforts and hard work towards the end of the video.
,
कोई बात नहीं शुरू इन्होनें की है ख़तम हम करेंगे
Yeh logon ki baat o me aakar Kavi nehi karna.
Being a banker i understand a bit about the policies. all of these policies lock our money for a period of time. people need only 2 products in their life time 1. health insurance 2. term insurance . & for investment mutual funds / SIP is there even not FD. good to see your initiative. Did they got their money back ?
Thanks A lot for sharing it's very sad to know... should be taken strictly on Action culprits.
Not only ICICI all the private banks are like this only. Central Gov and state In India is responsible for this to be justice 🙏
My heart goes to the family . The bank should come forward and resolve theit issues immediately.
Greetings!! Sir,
Thank you for taking the time to look at our work and to appreciate it. To us, it's extremely satisfying. I know you must have already subscribed to our channel. Do not forget to watch our most recent video, in which we discuss how we helped a family in recovering 54 lakhs from the claws of these white collar criminals. The concerned insurance firm launched an internal investigation after we highlighted the case on our CZcams channel on 05th June 2021 and shared it with regulatory authorities. Based on the findings of the inquiry, they decided to cancel the mis-sold insurance policy and refund the premium with interest to the client.
In fact, you can view his feedback video, which has been made public, at the following link:
czcams.com/video/w_CX3bU7REY/video.html
I hope this family gets all their money back sending positive vibes to this family 🙏🙏
Salutations! Katarmal Sir,
I appreciate your concern for this family, and I assure you that we will do everything possible to ensure that they receive the justice they deserve. We'll keep our viewers updated on the case's progress. Meanwhile, do subscribe to our channel and watch our most recent video, in which we discuss how we helped a senior citizen who was defrauded of Rs. 3.5 crore by employees of HDFC Life and RBL Bank: czcams.com/video/d2ErOFnuYwE/video.html Keep an eye out for the client's daughter applauding our efforts at the end of the video.
Many ICICI employees are irresponsible, having no corporate manners, talking to clients in disgusting way. Many of them are having fraudulant nature.
I hope the ICICI bank does justice for this family and give them their 80 lakhs back. It's not a small money to play around like this. Please help the family.
Hi Ma'am,
The concerned insurance company has denied any wrongdoing and has denied any kind of help to the family. The case is currently pending for resolution with Permanent Lok Adalat, Mumbai. We are expecting a decision soon. Regards
Hpw long will it take? Its been two years since you foesr posted this video
Such an honest and lovely family. They have taken this huge loss as a part of their life and working hard to get their life going.
Dear Sir,
I appreciate your concern for this family, and I promise you that we will leave no stone unturned in our efforts to ensure that this family receives the justice they deserve. We will keep our audience informed about the case's progress. Please subscribe to our channel and watch our most recent video, in which we discuss how we assisted Shobha Tai, a lady farmer from Sangli, Maharashtra: czcams.com/video/_0UVLYmuqOw/video.html Keep an eye out for the end of the video, where she blesses us for our hard work and efforts.
@@InsuranceAngels Same thing happened with me sir from policy bazaar I ask them I want mutual fund and they give me hdfc life ullip plan policy bazaar agent didn't tell me anything he just told me this is mutual fund only and I just got to know that is ulip plan. Please help me what should I do??
@@nikhilsontakke15 When have you invested the amount
@@InsuranceAngels 5 month back only I have emailed you also with all details please check
My dad worked in KVG bank (Govt rural bank) for 35+ years and retired last year, they served people by informing proper rules and policies, also explained individually gov.t benefits and subsidiaries etc... In the retired speech they mentioned don't trust any PVT. bank people they tell only the advantages but not mention other side, It's our each and individual responsible to avoid any pvt. bank people, until it is necessary for us not to them
Your father must be the honest employee of that bank. Many governemnt employees do their job with honesty but overall condition of government banks is also not good. They survive because government put money in these banks called as recapitalization of banks and private banks don't have that facility.
There is a need to create strict laws for banking and finance instead of blaming private or government banks.
Sad to see this…. They didn’t deserve this kind of treatment 😞
Learnt the hard way never to trust RM's. Becareful guys dont fall trap to these legal scammers