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[Resolved]  Lic Home Loan — LIC home loan unauthorized Charges

I applied for a Loan for 10 Lacs LIC HOME LOAN. As soon as they asked i immediately submitted all the documents and waited tolerantly for it to be approved, which they said would take 8-10 days max. But, every now and then, they came back asking me for extra docs, which I had already submitted. The LIC Home Loan Agent ripped me off by taking some money for handling charges. I was told I would be charged somewhere around 1% of the loan amount as processing charges. But to my surprise, I have been charged more than 2%. I tried to contact the LIC Home Loan branch, but all the phone lines just goes ringing and are never answered. Finally when I spoke to them, I was told that it was their mistake, but they didn’t know how to reverse the transaction or the amount. At last, I received the Sanction Letter and the EMI mentioned in it is different from the amount that I signed for on ECS form. I have given up now and have lost all my tolerance by dealing with them. LIC HOME LOAN WORST Experience.

LIC home loan unauthorized Charges
Complaint marked as Resolved 2020-08-14 04:14:44
Complaint comments  10 CommentsShare0Tweet0


Hey, i have face same problem with LIC HOME LONE, i have also submitted the all document but still they are asking again for the document..
I also faced same issues with LIC home, I got WORST experience with LIC home when I have booked a 2BHK flat in month of FEB 2012.
really worst experience with LIC HOME LONE. They are not providing the service to customer...
HI People, yes this is true word for LIC HOME LONE...
They have done with me also...

Never truest on LIC HOME LONE...DOING Cheat..

I am writing here just to make all my dear friends aware of the ground reality of LIC Housing Finance Ltd. I applied for the loan (the worst decision ever taken by me) in LIC HFL through an agent after seeing ...
Don't believe on LIC HOME LONE, Please make sure before Going to LIC HOME LON, because once you get cheat then you can't do anything...
I have had worst experience in my life with LIC HOME LONE, ...
Dear Sir or Madam, I have had cheat by LIC HOME LONE .It is a fake and fraud company...
Dear All, I want to inform u all that LIC HOME LONE is totally fraud, you can't get any type of LONE from the LIC HOME LONE...

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    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