[Resolved]  Lic Of India — DELAY IN DISBURSEMENT OF LOAN AGAINST TWO POLICIES

Address:

Anand, Gujarat

I am sorry to inform that loan against my policy nos.[protected] &[protected] is pending with LIC'S 83A(BR.NO.2)at ANAND.I handed over application forms alongwith my original policy documents on 19/05/2011.

Till date i.e after a lapse of even 20days no cheque is received by me towards disbursal of the loan.

When BANKS are disbursing CAR LOANS within TWO days and HOUSING LOANS WITHIN SEVEN DAYS LIC is unable to disburse the loan against its own policy documents even after 20 days.

I regret to inform you that THREE REMINDERS at [protected]@licindia.com
& [protected]@licindia.com resulted useless.Even my FAX LETTERS at Central office no.[protected] and Zonal office[protected] proved a useless activity.
The authorities of LIC OF india are as UNRESPONSIVE as their staff.
Loan is demanded only when it is badly needed and when it is demanded and if not paid within a reasonable time IT IS A CRIME.