[Resolved]  Lic Housing Finance Ltd. — delay in disbursal of cheques after sanction.

Address:

Thane, Maharashtra

I had taken a loan of 15 lacs from LIC housing under loan a/c no.[protected].There is a delay of more than a month in disbursing the cheques even after giving the demand letter and the documents asked by your staff of kalyan . My last demand letter given was on 04th of January,2011 and is still waiting for the cheque and this happens everytime a demand letter is given.But the irony is that to get my loan sanctioned it took just 22 days.Is disbursal of a cheque more complicated than sanctioning of a loan? or is it that you are taking customers for granted.