NEFT Mandate Fraud on a money back product
Hi, this is my first post here. I have an insurance policy with one of the top insurers of the country. The NEFT Mandate updated on the policy is of someone I dont know, and I'm not sure how it got linked. This is negligence on the insurers part I think.
The person's name doesn't match with person insured, nominee or policy holders name. This is like a money back policy. I'm not sure who to contact, IRDAI or the insurer since this is a clear case of fraud. If I hadn't noticed it, next year when the policy matured, the amount would have been credited to the fraudsters acc.
Any suggestions would be appreciated!