I recently took a HDFC pro growth policy from netbanking facility of bank on 30/10/2017. I paid a premium of ₹25000 on annually basis. I received a mail from hdfc life which show the bifarfication of my premium. There they put ₹12035 in blue chip fund, ₹12035 in diversified equity fund, ₹191 monthly charges of AMC.
On there website, it is showing that 1.35% pa is the charge took by hdfc life, however when I asked about extra deduction then they told me in first year 2.5% deduction will made and in second year 2.0% deduction will made apart from monthly charges of ₹191
I just want to say to hdfc life whatever you deduct, please show it on paper, don’t hide it.
