[Resolved] LICI — Rejection of loan against money back policy | |
I, Saroj Kanti Samanta, resident of Vill-Hatabari, Udayan Cinema Road, P.O. Contai, Dist. PUrba Medinipur, West Bengal, PIN-721401 taken a LIC Money Back Policy No.[protected]. I took loan from that policy and repaid it on 11.12.2009 I am awaiting for my Policy Bond refunded. Suddenly on urgent need of money for medical treatment I apply for fresh loan. The loan officer Mr. Mohanti refused my loan application saying you are not entitled to get loan several times. When I beg him describing my urgent need of money for medical treatment, he roughly misbehaved me saying how can I find your Policy Bond among 30 Thousand Policy. He cut down my loan application and return it to me cancelling the loan application. Thereafter I personally meet Mr. Panda, Sr. Branch Manager, Lici, Contai Branch and request him to grant my prayer. I am sorry to say that very disgusting and painful behavior is offered by Mr. Sr. Branch Manager. He said, he could not do anything. The loan officer's decision is final. I have to wait a undefined period to get my Policy Bond refunded. He is quite busy to handle my problem. Inspite of all my efforts to convince him my urgency of money, I was returned home with cut down loan application prayer and loan application form. I request you to please get this matter resolved on the highest priority and please take a serious action against Mr. Senior Branch Manager so that in future no other customer would suffer like me. Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
1 Comment | |
Comments
36%
Complaints
6212
Pending
0
Resolved
2214
+91 22 2217 8600
+91 75 5267 6254
LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
LICI — rejection of loan
I have a moneyback policy no.[protected] purchased from LICI, Contai Branch. I had taken loan from this policy and repaid it on 11.12.2009. Thereafter my Policy Bond is not refunded to me. On urgent need of money for medical treatment I applied for further loan from that policy and was rejected due to non-availability of my Policy Bond in their office. I several time pursued their Sr. Branch Manager to sanction my loan application but denied. They badly behaved me. They not only sanction my loan application, but also deny to return my Policy Bond also. They deprive me from taking my privileges offered by their Policy Bond. Hence you are requested to take necessary action in this regard and get my Policy Bond refunded as early as possible.