[Resolved]  LIC of India / Policy — Sub: Policy Bond Lost By LIC and not Approving Loan on Policy

Address:Meerut, Uttar Pradesh

To, Date: 01 Dec 2010

The Executive Director CRM/Chief (CRM)
LIC of India,

Sub: Policy Bond Lost By LIC and not Approving Loan on Policy
No.[protected] Without Submitting the Policy Bond

Dear Sir,

I, Manu Agarwal, Resident of 28, Rajeev Puram, Nera Takshila, Garh Road Meerut taken a LIC policy “Jeevan Shree” of sum assured Rs.500000 on 28 Jan 2002.
I have also availed the loan facility on this policy from LIC and handed over my policy documents at your Mawana Branch (0275) on 04 Nov 2006.
Now I have repaid all loan amount with interest till 22 Sep 2010 but still looking to receive my policy bond. In this regard I have communicated with Ms. Kalpana at Mawana branch (0275) many times and today she informed me that the same has been lost by LIC.
Now again I am in need to avail the loan on this policy but the LIC staff is not agree to approve the loan without submitting the policy bond.
This is much painful situation for me and I am suffering due to much financial crisis.
I request you to please get this matter resolved on the highest priority within a week’s time else I would have to approach to the Consumer Court. Please take a serious action against Ms. Kalpana so that in future no other customer would suffer and image of the LIC will not be hampered anymore like it had been inmycase.

Thanking You,


Yours Faithfully
Manu Agarwal
Policy No.[protected]
28, Rajeev Puram, Garh Road,
Meerut (UP)
M-[protected] and [protected]
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6212
    Pending
    0
    Resolved
    2214
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information