I took ICICI smartkid RP in August 2007 and paying Rs. 14935 every year. After 4 years I have checked the fund value which was around Rs. 59380/-. The agents told me that I will get minimum three times of what I have invested by the end of 5 years.
But it looks like I have been cheated or ICICI is having underperformance. Its time to realize every citizen to know the facts about this insurance company and teach a lesson to them for cheating the customers. I e to give the commisirequest all readers to make aware of this to your friends, relatives and well wishes especially looking to invest money. PPF (Public provident FUnd) is the best option to invest our money with guaranteed interest of 8% per anuum and is compounded every year.
Recently, (26/05/2012) I got a call from ICICI prudential that on my policy the agent commission was accumulated up to Rs. 40, 000/-. They asked me an option that the agent commission is to be given to agent whose code No. was mentioned in my policy application or it can be deposited to my account. I told why don’t you deposit the amount in my account. Then the lady told me that I have to enroll my self as ICICI prudential agent. For that I need to pay Rs. 25, 000/-. Then the agent commission of Rs. 40, 000/- will be deposited into my account. You see the way how ICICI prudential is cheating its cusotmers despite poor performance of their ULIP schemes. They are trying by all means toextract what ever amount is possible from customers by fabricating this kind of stories.
I request the people not to become pray to this cheating company ICICI prudential