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Satirical Post by an redditor about ULIP and infinia
- Thread starter MONEY
- Start date
pranjal1984
TF Select
My 1st request was making my Regalia Gold Life Time Free which his team member did. My 2nd request was to upgrade to DCB. To which they agreed to send request provided I invest ULIPs of Rs 1.6 lakhs annually for 5 years. So they need investment of Rs 8 lakhs for my upgrade request. They assured 20% returns. Highest ever ULIP returns . I respectfully declined their generous offer.
I just want to know reaction 🤣 from the people ..... When that uncle ji and traffic police know that he got that card by ulip policy.
I was thinking about this earlier. What if I were to simply cancel ULIP after getting card before the lock up period?
And ULIP’s are debited from the account right? So what If I empty the HDFC account and let it go dormant after getting Infinia? What can they do?
And ULIP’s are debited from the account right? So what If I empty the HDFC account and let it go dormant after getting Infinia? What can they do?
pranjal1984
TF Select
I think they won't issue card within free look period of ULIP. Also if you withdraw ULIP within a year, you will face catastrophic loss
Ah I see. So let’s say I agreed to a ULIP of 2 lakhs each year and signed that form today. When will the first charge come to my account?
pranjal1984
TF Select
@SSV please guide since you are experienced in this.
Massive loss..
First of all, they will debit your amount first and then offer policy and then infinia FYF.. by the time you get infinia it will be almost 30 days…
If you cancel your ULIP after one year you need wait for your leftovers until after 5 years in which case you will be losing in lakhs…
Infinia thru ULIP will only makes sense if you can keep it as investment for a minimum of 10 years…
If you can wait for 10 years minimum and if you have decent knowledge about how the markets work, you will be minting money .. this is a super investment option for a long term investor amongst your mix of various other investments…
Interested parties, Watch this space , I will update my ULIPs performance every 6 months…
in a separate thread ..
After 10 / 20 years whenever I want to withdraw, I will be laughing all the way to the Bank…
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I had taken ULIP of 1.5L to 2L.
I got my first ever HDFC CC in the form of Infinia Metal FYF on the basis of this ULIP..
Later with my charm and relationship and contacts I made my Infinia Metal as LTF
There are only a handful of guys who have Infinia Metal LTF across the country as of now…
As with anything in the finance field , everything is fluid and this situation can change at anytime and I am well prepared for the next jump as well at an appropriate time
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Alex292929
TF Premier
How to negotiate with the HDFC Bank to convert Reg Gold to lTF?
Everything will be revealed in about 45 days time with the performance of my fund ( for the first 6 months) with numbers ..
in my own thread
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On the very first day before you start any process
Exactly. I have understood every perspective. ULIPs don't make any sense to me. Unless you can make 25k extra per month just because of Infinia.
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