Postal Life Insurance — Delay in payment of policy on maturity.

Address:

Nellore, Andhra Pradesh

I am T Venkateswara Rao, Chief Manager in Syndicate Bank, Lead District Office, AK Nagar, Nellore. My PLI policy No. KT/62-B was matured. On maturity I have submitted the PLI original policy along with maturity application for payment at yout AK Nagar Sub post office(524004) on 03.04.2014from where it was sent to Superintendent Office, Nellore from where it was referred to CPMG Office, Hyderabad.


It was informed to me that the payment will be received with in 3 weeks after surrender of policy.


Already one month is over and when I enquired with Superintendent Office, Nellore they informed me that the same was received from CPMG office, Hyderabad.


As my daughter marriage is slated on 21.05.2014, I am in urgent need of funds.


Kindly arrange for payment of my PLI maturity amount at the earliest.
Thank you.


With regards,


T Venkateswara Rao
Lead District Chief Manager
Syndicate Bank
Lead District Office
AK Nagar
Nellore


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