[Resolved]  Lic Of India — Non-payment of pension for last 2 years

Sub: Complaint against LIC of India towards non-payment of quarterly pensions against the IPP Policy No:[protected] continuously for last few quarters.
I am having the above mentioned Individual Pension Policy No:[protected] with the Life Insurance of India. It was being operated in Warora Branch of L.I.C., Distt:-Chandrapur, Maharashtra. The Annuity of the Policy had vested on 23/01/2006. 25% of Notional Cash value had been received by the undersigned from Warora Branch and Option “F” had been opted for. Quarterly Pension had been started from 23/01/2006 and on that basis; I had received some post-dated cheques from the concerned Authorities covering period up to January, 2008. Cheques were being deposited on my S/B A/c and were being regularized at par. But during June’07, I was transferred from W.C.L. to M.C.L. Sambalpur (i.e. at the above-mentioned address). Expecting better service from a nearer LIC office, I requested for the transfer of the Policy to Burla Branch, which is nearer to my present place of working. And ultimately, the above Policy was transferred to Burla Branch (Branch Code: -59 D), Distt. Sambalpur, which was under the jurisdiction of Eastern Zone, Kolkata. Due to my transfer to Sambalpur, Cheques bearing No.106259 dtd. 01/08/2007 for Rs. 427.00 and 106261 dtd. 01/02/2008 for Rs. 427.00 of State Bank of India, Dividend Warrant Division, Mumbai Main Branch could not be deposited in time. For this reason, those cheques had been sent to the Western Zonal Office of L.I.C. Mumbai along with my letter dtd. 19/11/07 for revalidation of the same. But, the Asstt. Secretary (I.P.P. Cell, WZ) had informed me that the above cheques had been sent to the Eastern Zone, Kolkata along with his letter no. WZO/ IPP Cell Dtd.2-1-2008 for providing further services from Kolkata end.
Though I had written so many letters to the Western Zone of LIC for persuasion in this matter, but without any result. One of such letter is AKN/LIC-PS/07/295-97 dtd. 24/12/2007 written to the authorities of Western Zone with copy to the Branch Manager, LIC Warora.
I had written so many letters to the Eastern Zone of LIC, Kolkata for early settlement of this issue. But no fruitful result came so far. Thereafter, I came to know that Burla Branch of LIC has come under the jurisdiction of East Central Zone, Patna. As such, several letters had been written to the East Central Zone, Patna also. In answer, patna had not replied any letter so far. Several E-mails had also been sent to the East Central Zone. But no answer had been received till date. At the most they could show any proof of their sending the cheques, if any, on my above-mentioned present address. The following installments are yet to be received:
1 07/2007 427/- 24
2 01/2008 427/- 18
3 04/2008 427/- 12
4 07/2008 427/- 09
5 10/2008 427/- 06
6 01/2009 427/- 03
So many letters had been written to different authorities of LIC. If required, copies can be made available to you. You are requested to please take up this matter at the appropriate level and arrange to pay the quarterly pension along with interest & compensation as pension cell of East central zone, Patna and Eastern zone, Kolkata have not bothered to even reply my letters, though about 1 year 9 months have been passed.
All the letters written to different Authorities, copies of the letters were given to local LIC Office at Burla and Sambalpur. As discussed with the Branch Manager, LIC, Burla, he had forwarded all the letters to the higher authorities for taking necessary action. But all in vain.
you are requested to kindly take up this matter with the appropriate authorities, so that I can get the dues with interest and compenasation.
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Aug 14, 2020
Complaint marked as Resolved 
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I have also lodged a complain No 187519 in May-09 but without solving the problem it was closed.
V K Rastogi
Full and final settlement for the policy no.[protected] lying with Sultan Pur ( U.P.) branch code no 221 may please be made as early as possible.Letter of intimation no.M/092009/000755 alongwith Discharge Form has not yet been received by me as on 15 September, 2009. Content of the letter dated 12/08/2009 sent by LIC Sultan Pur branch, code no 221 to the policy holder is totally wrong as no letter of intimation has yet been received as on 15 September, 2009.
Letter by speed post has already been sent by me i.e.policy holder Jagdish Prasad Tiwari to Sr Branch Manager LIC Sultan Pur Code No 221 regarding full and final settlement of policy no[protected] but till date no information has yet been received.Sr Branch Manager LIC Sultan Pur Code no 221 has sent a letter dated 12/08/2009 stating that they have sent Intimation Number M/092009/000755 alongwith Discharge Form.This is for information that I have not yet received Intimation Number M/092009/000755 alongwith Discharge Form as on 29 Sep, 2009 which shows about the functioning of Sultan Pur LIC Branch.The entire content of the letter dated 12.08.2009 sent by LIC Sultan Pur Branch is wrong.Please settle the payment alongwith interest and compensation at the earliest possible.
No reply of my letter dated 15 Sep, 2009 sent by speed post to LIC Sultan Pur Branch has yet been received by me as on 05 Oct, 2009.It has been intimated to LIC Sultan Pur Branch code no 221 that I have not yet received Intimation Number M/092009/000755 alongwith Discharge Form as on 05 Oct, 2009.The entire content of the letter sent by LIC Sultan Pur Branch dated 12/08/2009 is totally wrong regarding Intimation Number and Discharge Form.Please settle my claim by making full and final payment regarding my policy no[protected].
No reply of my letter dated 15 Sep, 2009 sent by speed post to LIC Sultan Pur Branch code no 221 has yet been received by me as on 13 Oct, 2009 . Once again I would like to remind you that I have not yet received Intimation Number M/092009/000755 alongwith Discharge Form as on 13 Oct, 2009.Please settle my claim regarding my policy no[protected] with in a week i.e.by 20 Oct, 2009 alongwith interest and suitable compensation.

LIfe Insurance Corporation, IPP cell, PATNA — Non receipt of Annuity

My policy no:[protected], i usually receive Annuity of Rs 24000 on the first day of October. I have send Existence Certificate to PATNA, IPP Cell (my servicing centre) by Regd post. But till date I haven't got any response nor my annuity
To
Respected The Chairman
Life Insurance Corporation of India

I have done a lic policy in the year 2004 and the lic agent and d.o who convinced to me for a single proposal and on that basis I was made single payment of Rs./ 26, 053 vide a cheque no. 89450 drawn on United Bank of India Hatkhola Branch to the lic of india branch no. 7 (414) 64, Ganesh Chandra Avenue, Kolkata-700 012.
But received my policy though after maturity date from my agent and it is found that my yly premium was Rs. 6553. against policy no.[protected] and matured on 28.03.2010.
Under such fact i was not able to deposit my renewal premium and it is also strenge that the said branch is yet unable to send me the excess my deposit that is Rs. 19, 500.00
Under such circumstances I like to lodge my complaiant against the agent, do. and the branch manager during that period and intend to get my full deposit money with penalty interest.
Thanking you,

Yours faithfully,
Robin Chakraborty
74, B.K. PAUL AVENUE
KOLKATA-700 005
I SUBMIT THE PAPERS TO MR. SUDIP NANDI (AAO), 42E BRANCH AGAINST POLICY NO[protected] DATED ON 11/02/2010 YET NOT RECIVE ANY PAYMENT UNTILL 15/09/2010

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