Location/place: Pune
Name of company/service: HDFC Life
Hello ,
I am Kedar Lohe. I am holder if HDFC LIFE SL Crest policy. My Policy number is 14503727.
I took this policy on 21st July 2011. At the time of policy issue representative from HDFC Life told me that I have to pay premium amount of 50,000 Rs per year through HDFC Credit card EMI till Five Years.
During First year I paid premium through HDFC credit card with 0% interest rate.
On 21st July 2012 second term of policy started and now HDFC credit card asking me to pay the whole 50 000 Rs through one go. They are not giving me any EMI facility. I have consulted them they are saying that you will get EMI offer but you have to pay 1.1% interest on that per month.
So at the time of issuing policy false commitment of 0% interest rate has been made by HDFC Life representative.
Please consider this complaint and allow me EM facility with 0% or else allow me to withdraw the policy with full amount.
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