Playing with hard earned money

Location/place: ahmedabad

Name of company/service: icici prudentical

My name is falgun patel,

I have invested in the ICICI- Prudencial PENSION plan , they are claiming 15% of return annually of invested amount,

Here is the fact:

I have invested ( Policy number : 13447269) : Total Rs. 107000/- in three years and today after almost four years my Net unit value is rs. 103000/-, they are giving false promises and charging (15% ) ….

Adminstrative charge : 13% annually ( what is this ?… telll me .. they have written 1.1% monthly ) – this is big cheating ….
Fund management charges : 1.75% annually — this will be ok if it is higher nubmer … but fund needs to be well managed
Unit allocation charge : 1% annually

it is frustrating to see the return number…

with this pace, how can i assured that my pension will be at good level .. to comform my retirment..

so, pls. do not invest in pension plan – and from ICICI- Prudencial….they are cheaters… Playing with your money

Falgun Patel


Comments

One response to “Playing with hard earned money”

  1. ICICI Prudential Life Insurance Avatar
    ICICI Prudential Life Insurance

    Dear Mr. Patel,

    We wish to inform you that the concern highlighted by you has been reviewed. Accordingly, a communication has been sent to your registered email address with the details of the resolution offered.

    In case of any further clarification, please contact us on our Customer Care number 1860 266 7766 or write to us at [email protected].

    Regards,
    ICICI Prudential Life Insurance

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