Hi,
I have invested in Bajaj Allianz in ULIP policy. Every qtr 1500 INR. First one yrs they have deducted 97% of the qtrly premium and only 3% is invested. But the agent had not told me anything regarding this. See what kind of agents they have with the stupid company (Bajaj Allianz).
Once I saw my policy status and I was shocked to see the present worth on my policy. If I would have reedem my policy I would get only 10% of my invested amount. Then I stopped paying premium. and after sometime they told me now market is down please invest some more time and then your fund will grow. Since then I cleared all my unpaid balances and did ECS link to my bank account. Now i am seeing the funds are still not growing. Now i have a loss of 55% of my total investment. My friends trust me NEVER INVEST IN BAJAJ ALLIANCE. This is a CHOR COMPANY, mind it CHOR COMPANY.
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