Invest in SBI life and get ripped off:

Dear Readers,

The following is a feedback from guest user:

"Invested in SBI Life Horizon in 2006 - mostly equity - well before the big bang, when the BSE stock index was approaching 2k. But it made no difference to the NAV of this unit, which actually took a huge hit. Amount invested in 2006 = 12k & 2007 = 12k. Value on 13 March 2013 = 17, 359.70.

The only people it seems to have benefited are the wretched fund managers, who probably won't be welcome in any non-sarkari self respecting funds managing co."

The biggest frauds are the sbilife:

Dear Readers,

The following is a feedback from guest user:

"There can't be a bigger frauds like SBI life. Their customer service number 1800-22-9090 or 1800-425-9010 , and u might get some automatic answer if u try for some 100 times. Their website asks for some junk stuff like customer id to register, and I have the premiun letter where I am trying for past 2 days to find which is the customer id.

Still I could not find it. ed up service and hell with SBI."

SBI Life Smart Performer is Smart Cheater:

"-SBI Life Smart Performer is Smart Cheater.

-Never Invest in SBI Life.

-Invested 5 lakhs two and half years back and the value now is 4.7 Lakhs.

-They have never increased the NAV in past two and Half years. Dont even dream it will be increased.

-Better to Fix in FD or give it to charity institutions than investing in SBI Life"

Never Ever choose SBI Life:

Dear Readers,

The following is a feedback from guest user:

"I have invested in SBI Life. Put 6 lakhs totally with two lakhs per year. I have, thankfully, 6 lakh 40, 000/ Rupees right now. I immediately put it in bonds because exposing it to the market, I realized is foolish and I might lose money.

I am going to withdraw it as soon as possible. (it takes bloody five years to take out the money! Reading all the reviews I just hope the company exists at that time!) Anyway, to any future investor, I have only this to say...put money in philanthropy, at least your soul will be satisfied.

This was my life savings and I feel cheated.

Do not ever go for this product."

Cheater insurance:

Dear Readers,

The following is a feedback from guest user:

"I invested in Unit Plus II Regular Plan 0. I was not informed by the agent Ms Pramodini Sonkusare that the policy will mature when I turn 99 year old. Also, the great lady did not tell me that I will have to invest for 65 years.

Foreclosure of the policy attracts foreclosure charges and amount totally depends on market value. So, if your luck is bad, you might end up getting peanuts as ROI. I will not suggest SBIlife to even worst of my enemies. As expected, the agent has disappeared in thin air by changing her contact number.

Fraud insurance company and fraud agents!!

Insurance company's name should have been State Bank of Lootera life non insurance."

Don't invest in sbi life insurance:

Dear Readers,

The following is a feedback from guest user:

"I Have never seen such a worst life insurance and they are one of the fraud in india. I have invested 1 lakh in SBI after 5 years I required that money for my emergency use.  At that time I have surrendered the Policy and they said your matured value is 85, 000/- only.  They are  swindlers in the world, so please don't invest in SBI life insurance.

Post Office is the best."

Worse plan so bad customer service:

Dear Readers,

The following is a feedback from guest user:

"Hi friends., I’m writing this review because of the service which I got from two different companies.in savings plan I was looking SBIi Shubh Nivesh and Birla vision..The plan vision gives me enough return which I want and everyone likes.. like the service from the staff of Birla was tremendous."