[Resolved]  Lichfl — Delay in loan disbursement

My first ECS from Kotak Bank got returned in Dec 12 as LIC has charged for ECS (@34000.00) of full loan sanctioned amt 40 lacs and I had to bear the ECS return charges in Kotak Simultaneously LIC has charges some penalty interest on its own and not being intimated to me on mail or letter. Due to which the next demand from my builder was on hold and not being intimated to me. On enquiry from the builder after 5 months about the same, I had to coordinate with Mr RM to make the penalty of 3000.00 to LICHF. Post that LICHF made the disbursement to TANVIafter @6 months. Now Tanvi asked for penal interest of 28000.00 which I had to pay Over the period of time I have suffered a lot granting loan from LICHF and coordinating with my RM Santosh Khanojia and every time I get an answer like month end pressure to handle the query and there is system issue in the starting of the months. Looking forward to have healthy relationship with you and recovery of Rs 31000.00 Regards, Kharabela Behera