[Resolved]  LIC Housing Finance Ltd. Asaf Ali Road, Delhi — Harassing on the name of ECS execution

Address:South Delhi, Delhi

Hello Sir/Madam,

I have borrowed home loan from LIC Housing finance Ltd in March'2011. Asaf ali road delhi. As part of Application, they have given a ECS mandate form to be duly certified by the bank where i have my salary account (which is CITI bank MG road Bangalore). I have provided this form back to LIC after CITI bank autherized it. Since last three months i have been following up with them through emails as the ECS was not getting hit. Here is the summery of last two failures.

1) July'2011 ECS got failed because they have put the wrong MICR value. The MICR value was of Delhi CITI Bank Branch instead of Bangalore Branch. This mistake was done even though they have the ECS mandate form since the day my Loan Application got processed in Feb'2011.

2) 6 August'2011 ECS got failed because they have put the wrong utility code "6009067" instead of "1109086". This mistake was done even when the ECS mandate form was sent recently and the incharge there confirmed that the ECS information (MICR code and utility code) are been updated correctly.

This issue is taking toll on my day to day work as they dont respond to phone calls as well. My personal and professional life is highly impacted by this unwanted issue. These people are harassing me like anything. I am totally in lost state. Kindly help me to make these people more responsible towards their customers and learn more professinalism.

Best Regards
Sudhir
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Aug 13, 2020
Complaint marked as Resolved 
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Comments

These guys always in mess..
I am facing the same Issue. My ECS was supposed to start in April 2012. But it has been declined by my bak because LIC is sending the incorrect ECS utility code 4119123 instead of 1109086.
No response to calls and email as well.

Rajat Singla
Hi I am also facing same problem. Can u please guide me how it was resolves.
What is correct utility code required ?
ECS Utility Code mentioned 1109086
Or

Utility Code 6009067

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