Complimentary Bajaj Insurance created on my hdfc savings account without my consent

[gowmara]

Complimentary Bajaj Insurance created on my hdfc savings account without my consent by hdfc bank. All my bank account details shared by hdfc to Bajaj without my consent.

I asked hdfc grievance team but they repeating same awnser like premium paid by bank and its complimentary insurance.

I still not able to understand how hdfc can share customer records without consent. Can I log complaint with RBI.

 

[RishiKiDev]

Complimentary Bajaj Insurance created on my hdfc savings account without my consent by hdfc bank. All my bank account details shared by hdfc to Bajaj without my consent.

I asked hdfc grievance team but they repeating same awnser like premium paid by bank and its complimentary insurance.

I still not able to understand how hdfc can share customer records without consent. Can I log complaint with RBI.

Ask them to provide you the terms and conditions of the insurance.

You can ask them to cancel the same.

If the Bajaj Insurance wasn't in the benefits or terms and conditions of the savings account then you can proceed with RBI ombudsman.

Always keep yourself legally water tight before going to RBI. Get the T&C documents, read and understand them.

 

[varun__goel_]

Complimentary Bajaj Insurance created on my hdfc savings account without my consent by hdfc bank. All my bank account details shared by hdfc to Bajaj without my consent.

I asked hdfc grievance team but they repeating same awnser like premium paid by bank and its complimentary insurance.

I still not able to understand how hdfc can share customer records without consent. Can I log complaint with RBI.

What type of insurance is that?

 

[shrewdoc]

You must be under Vishesh Banking Program.

Vishesh v/s Classic Banking Programme

HDFC Bank has recently started moving Classic Banking customers to their Vishesh Banking Program (Classic Equivalent) This only applies to account holders in Sub-Urban & Rural Branches (SURU) Here's the updated information from their website: VISHESH BANKING PROGRAM: CLASSIC BANKING PROGRAM...

www.technofino.in

Download your account statement and check for Vishesh written somewhere.

 

[D₹V]

Why HDFC would sell insurance of Bajaj? 😳

If they got own.

 

[shrewdoc]

Why HDFC would sell insurance of Bajaj? 😳

If they got own.

They can sell any of these:

 

[RishiKiDev]

You must be under Vishesh Banking Program.

Vishesh v/s Classic Banking Programme

HDFC Bank has recently started moving Classic Banking customers to their Vishesh Banking Program (Classic Equivalent) This only applies to account holders in Sub-Urban & Rural Branches (SURU) Here's the updated information from their website: VISHESH BANKING PROGRAM: CLASSIC BANKING PROGRAM...

www.technofino.in

Download your account statement and check for Vishesh written somewhere.

There must be an opt out system.
Else he would have to change his branch to Urban or Metro, right?

 

[shrewdoc]

There must be an opt out system.
Else he would have to change his branch to Urban or Metro, right?

The damage is already done. Why care now? Anyways, it's complimentary.

 

[RishiKiDev]

They can sell any of these:

The C in HDFC also stands for Cross selling. 😂

 

[RishiKiDev]

The damage is already done. Why care now? Anyways, it's complimentary.

For the first year only, after that he would have to pay premium from his pocket?

 

[shrewdoc]

For the first year only, after that he would have to pay premium from his pocket?

Nope. It gets discontinued.

 

[Deleted member 5552]

If you paid any fee or it came free with your account??


If it is free with particular Bank Account Variant, I am sure you gave the consent to Bank directly or indirectly

 

[RishiKiDev]

Nope. It gets discontinued.

Oh! Good for him then.

 

[gowmara]

Thanks everyone. I downloaded my statement and I could see a label Vishesh. I was not a classic customer earlier, but some how based on my account holding they have moved my account to vishesh variant.

If some change is happening it's responsibility of bank to intimate through email. I cannot trust hdfc. So I am going to request them to close my insurance. (Policy doc is not clear.)

 

[doraemon]

Same case here
I got message that one policy is created in my name
On talking with cc they disclosed HDFC Bank is the culprit
What to do now?
It's w some 500 per day policy for hospital admit

Premium amount ₹168 to be borne by HDFc

I never consented for that

 

[gowmara]

Same case here
I got message that one policy is created in my name
On talking with cc they disclosed HDFC Bank is the culprit
What to do now?
It's w some 500 per day policy for hospital admit

Premium amount ₹168 to be borne by HDFc

I never consented for that

Have you upgraded to classic account? Insurance is complimentary benefit and you no need to pay any amount

 

[doraemon]

Have you upgraded to classic account? Insurance is complimentary benefit and you no need to pay any amount

Yeah I upgraded to vishesh recently

I saw a complimentary health checkup in policy
How to claim that
Do I need to get admit in hospital for that?

 

[its_karan]

I saw a complimentary health checkup in policy
How to claim that
Do I need to get admit in hospital for that?

Find this Hospital

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