Bajaj Auto Fin
Discrepancy in sum assured amount

Business & Finance

I had taken a loan from Bajaj Finance for consumer durable on 15/5/10. Along with the finance, a life insurance policy of Rs. 2 Lac was given to me at the total premium of Rs. 1786.

Policy detail:

Loan account no - 4180cd00037169

Sub master policy no – 0128057222

Start date 15/5

Membership no 280233

Premium Rs. 1786

I was surprised to see that the official policy letter reached to me is showing Rs. 1 Lac only whereas I am paying for Rs. 2 Lac’s policy.

Since then I am following up with the Bajaj Fin. Representative as well as with the local branch and various customer care representatives, but it had yield no result.

I am afraid to say that if even now enduring issue is not shorted out, I would forced to stop the remaining payment.

Would appreciate immediate help.

Mahendra Parmar

(M) 919529784430


Company: Bajaj Auto Fin
Country: India
State: Gujarat
City: Ahmedabad
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