Life Insurance Corporation of India [LIC] Complaints & Reviews

SIR COMPANY IS NOT RESPONDING TO MY MAIL REGARDING PF WITHDRAWAL AND ALSO THEY ARE INSTATING TO SUBMIT ONE MONTH SALARY. I WANT TO BRING TO YOUR NOTICE MY CONTRACT WITH LIC IS FOR 3 YRS AS SME . BUT LIC VIOLATED THE CONTRACT AND CHANGED MY PROFILE AFTER 2YRS , AND ALWAYS FORCED ME UNDER SALES PRESSURE WHICH WAS NOT JISTIFIED . TGTS ARE UNJUSTIFIED. AFTER THE CONTRACT IS CHJANGED AFTER 2 YRS CONTRACT WAS REVISED BY BRINGING THE CIRCULAR IN WHICH QTRYLY BASE TGT WAS GIVEN , AND IF TGT WAS NOT COMPLATED (75%) YU R TERMINATED FROM THE SERVICES. IN DEC QTR I WAS UNABLE TO DO THE TGT WHICH WAS 12 SCH.FPI PREMIUM.(YRLY TGT) .UNABLE TO DO THE QTRLY TGT (75%), I RESIGNED FROM THE COMPANY ON 2 JAN 2013. WHEN THIS CIRCULAR IS IMPLEMENTED THEN THE CLAUSE OF TERMINATED WILLL BE IMPLEMENTED.AS IN OTHER ZONE PRAMOD KUMAR SAHOO WAS TERMINMATED DUWEW TO NON COMPLETED OF 75% TGT , THEN HOW THE QUES. OF RESIGNATION COMES. THEN WHY LIC IS ASKING FOR ONE ,MONTH SALARY. AND ALSO THERE OFFICIALS ARE TELLING ON MY PHONE THAT WE WILL SEE HOW YOU WITHDRAW THE PF?
KINDLY HELP ME ?

RGDS

AJAY KHANNA
[protected]

I had made payment for LIC Premium through LIC Portal using my debit card of Bank of India along with processing charges of Rs.12/- + Service Tax. The same amount has been deducted through my savings account but the following message has been received from [protected]@pg.easy2pay.com amd also not credited to LIC Premium.

Merchant Name: Life Insurance Corporatio
Merchant Ref Number: 08753591

Payment Amount: Rs. 4428.48
Payment Date: Fri Mar 01 11:51:54 GMT+05:30 2013
Card Used: XXXX XXXX XXXX 5401

Transaction Identification Number:[protected]

Kindly look into the matter and credit my amount

Rupesh Firodiya

Dear sir,
My LIC policy No.[protected], had been enrolled on 28 Jan 2010, but till date I have not received Bond paper against my policy. I have paid policy premiums time to time through On-line.
1) I have several times contacted with LIC Agent (Sandeep Kr. Goel, Mob. [protected]) but there is no reply from the other end.
2) I also meet to DEV.OFFICER (Mr. Harish Chandra) and Branch Manager (Mr. T. P. Singh ) on dated 12 May 2012 at LIC brach-255, but I have not got any positive response from their side.
3) i also mail to branch office and zone office at [protected]@licindia.com and [protected]@licindia.com on date Sat, Jun 9, 2012. But till date i have not got any reply from their side.
4) I registered complaint on IRDA Feb 8, 2013, now they are forcing me to submitting APPLICATION WITH A BOND FOR LOST. so that they can issue DUPLICATE POLICY BOND.
5) when i never got the policy bond then why i have to submit A BOND FOR LOST. I am having a right to get a original policy bond.

So that, please be trace out the actual condition of my LIC policy bond paper and take action on the person who is associated with this policy,

if LIC is not able to dispatch my policy bond then return my all money that is submitted by me till date.

May kindly look into the matter and take needful action for the same.

If any query in this regard, please contact to me, my cell no. is [protected].

Thanks,
Ravindra Singh
cell no. [protected]

Dear Sir
I have taken a housing Loan from LIC Housing Finance Ltd Kanpur Branch Loan A/c No.[protected]. I Have already fully paid the loan amount. When I gone through the statement of account one payment made on 28.07.2011 of Rs.1,50,000/- has not been adjusted in principal amt and adjusted at time of closure of account on 22.12.2011. I have given letter to LIC Housing on 21.02.2012 and 17.09.2012 for refund of excess interest charged of Rs.8,289/- but till date no reply from LIC Housing.

I request you to please take action agst the company.

Subhash Sharma

[protected]

Annuity Payment against the Policy No.[protected] for the year 2012 ( 1st March 2012 ) is not yet received till date . For this purpose I have sent a letter to The Branch Manager , by registered post , enclosing an Existence Certificate , but till date no reply has been received .

Name : Punya Prabha Das .

Dear Sir,

Reg: Non receipt of Annuity cheques Rs.465/- for each quarter

Ref: Annuity No 091Q[protected] Pension/Group Insurance Scheme/sheetal anand

I used to receive my superannuation cheques of Rs. 465/- for each quarter in the starting of the year, 4 cheques for each year.For year 2013, I have not received my annuity cheques till yet. Kindly look into this matter and help me.

Thanking...

Dear Sir,

This is with reference to my LIC policies no[protected] &[protected]. First of all , I would like to inform you that I have deposited the premium for 3 year for both the policies as per policy norms ( minimum 3 years) and in Jan’13 we got a notice that our both the policy has been foreclose by LIC without giving any prior notice which cause i have bear a huge loss in the policies and there is no information that why the amount has been deducted by LIC nor they are ready to respond on the same as i have wriiten complaint many times.

I want the complete reversal of balance amount which i have paid to LIC and interest for five years.

Your early action is highly appricatble.

Regards

NS Rawat
+[protected]

Sir/ Mam,

I just wish to bring in your kind notice that my brother in law (Late Dinesh Kumar) was met with a road accident in Chandigarh in the month of May 2012 and got expired in the PGI Chandigarh. My Brother in law has taken a Insurance policy on his name from Arvind Insurance Adviser (LIC of India) Trimurti Market, Nadaun. After his death, we have submitted all the required document along with police station document & death certificate to the LIC agent and an inquiry was held from the LIC official in the First week of January 2013. Then they told us that now your all the process is completed and the amount of the claim settlement would be transfer in your account with next 15 days. But now approx one and half month is past, we didn't get any response. We have visited the LIC Branch Office Nadaun &Hamirpur and have a meeting with the branch manager. During our visit they assured us again that your all the process is completed and your file has been forwarded to the head office for payment process and u will get it within next week time or 10 days. But till date we didn't received any amount.

Approx 10 month has been past when the accident held, We have visited the Insurance agent office & LIC office many times, but in vain. Now we are helpless, My sister is a house wife and have two school going kids and its very much difficult for her to take care of them without any source of income. You are requested to kindly look into the case and guide us what we can do else.

Thanking you and in the anticipation of an positive & early reply from your end.

Kind Regards,

Parveen Kumar
Mob. +[protected]

Hi, My name is Chandrashekar Sethuraman from Begumpet, Hyderabad. I have applied for a LIC Loan on Feb.8, 2013 with application #[protected]. After 2-3 weeks now the LIC Agent Mr. Swayam Prakash from Kukkapally, Hyderabad has been pressuring to check and provide the details of any other employee from my company Solugenix India Pvt Ltd if they have taken loan as well as provide him with all the profit and loss and other money transaction details of my company, even though he had mentioned earlier that they would contact the concerned person from my company (whose contact details I have already provided) and also had mentioned that they are charging us Rs.5000+ (which got debited from my account 2 weeks ago itself) for valuating our new apartment construction details, verifying all the details about my working for the company etc. Now Mr. Swayam Prakash (+[protected] is calling my builder and saying that unless I provide all the companies profit and loss details (I am just an employee of this company) and other money transaction details, they will not be able to process and sanction loan nor attending my calls any more. I feel that I am being cheated by this person because of the fact that I submitted all the documents he was insisting that we go with HDFC and not with LIC but I felt that it would be better to get loan from LIC, he seems to be giving some excuse of not being able to sanction the loan. He is not even responding to the SMS that I had sent nor called me to inform me the status even though I had sent about 10 days ago once again the scanned copies of the information that he had requested for.

Please advise as to how I can take this further as I have lost time as well as feel I am being cheated and it is that he is giving me mental torture in this regard.

Thanks,
Chandrashekar Sethuraman
Voice: +[protected]
[protected]@gmail.com

Sir.
This is to inform you that i have paid my lic premium online through SBI net banking, the amount has been debited from my account but premium receipt has not been generated.

LIC POLICY NO :[protected]
AMOUNT RS. : 1871.00

TRANSACTION REF. NO : IGG3140032

Please do the needful. Thanking you

ADITYA SINGH

+91 [protected]

I am an agent of LIC of India and my working branch is CBO-4, Ratanlal Nagar, Kanpur. I have a agents portal Valid ID and password but I am unable to operate my portal login. This is complete some system error of LIC. I made all efforts from my side and also mailing to [protected]@licindia.com many times but no single response received by [protected]@licindia.com. I requested you to please help me for the same as earliest possible.Thanking...

Sir, I am taken Home loan from LIC Housing finance. Cheques given for EMI. I am maintinaning Balance 10,000
But LIC Housing finance 2 EMI's in one cheqe producing. This month also they are given above 10000/- Cheque. My bank given sms that your cheque stopped and 393/- charges collected. If EMI cutting regularly this was not happining. In my account cheque bounce problem also not occured.

Hi,

My mother is a house wife, my mother is having some policies in LIC. And one of my relative who is working with LIC did some fraud and false commitment with my mother regarding the investments because of his commission.

I want to proceed with some legal action against him.

Please suggest me what is the procedure for that.

Thanks
Ravi

I WANT TO KNOW THE LOGIN AND PASSWARD OF LIC HOUSING LOAN FINANCE LTD for collecting the details of loan status.

THANKS & REGAARDS

PAWAN KUMAR SHARMA
LOAN ACCOUNT NO. [protected] AND [protected]

My policy no is:[protected]. its copy show to me my pollicy will expiary on 18/02/2004' in this stage my agent is come and meet me ,and he advised my pollicy was closed , so, you with draw your cash. but i had not satified his answer. what is the true posistion in this case. please feed back to me.by cell phone meeseage.
my cell no: [protected]

Dear Sir,

With due respect I am to state that I am the policy holder of LIC Jeevan Suraksha Pension Plan Policy no.[protected] which was to be matured on 26/12/2012. I had met the LIC department branch at 11-F, M-1 South-Ext. Part-II, New Delhi-110049. Prior to mature my Policy, I met Ms. Veena Tyagi (D.A.) of LIC at 11-F at M-1 South-Ext. Part-II, New Delhi-110049. She told me whether you want pension or surrender the Policy. I opted for the surrender of the Policy. I was also told by the LIC that you need not to pay the final premium of the Policy. If you want to get the surrender money. It was 1 Lac more approximate. I completed the all document and filled the complete form of surrender.

I deposited all document that is 1) Surrender form 2) NEFT Form 3) Original Policy no.[protected]. 4) Photocopy of Passbook. 5) Cancelled Cheque. These were deposited on 19th November 2012 at 11-F, M-1 South-Ext. Part-II, New Delhi-110049. Again I visited the at 11-F, M-1 South-Ext. Part-II, New Delhi-110049 and met to Mr. R.K. Bhutt the Branch Manager, Ms. Veena Tyagi (D.A.), Dak officials, They say that your papers are missing and we are not in position to find out them. I have the receipt with Date & Stamp Seal Dated : 19th November 2012. Now LIC Officials say that we are not in position to give your surrender payment.

I am 100% sure that I had deposited papers belong to Policy with Seal & Stamp Dated; 19th November 2012.

In view of above fact, I request to your good self that I may please be given my surrender payment at your earliest please because it is no where my fault. I am sending you scan copies of all deposited papers. Kindly find the same in attachments.

Thanks and Regards

Name : Rajani A
Age : 41
Address : Ambilathu, Njackanal PO, Oachira Kollam, Kerala 690533
State : KERALA
Telephone :[protected]
E-mail Address: [protected]@yahoo.com
NRI: N
Already availed Loan
Please make my correspondence to my new address Rajani A, Kashmeeram, Chathiyara, Thamarakulam PO 690503 in future reg the Loan No. :[protected] Area Office Kottayam
and my contact no is [protected]/ [protected].
Further I had enquired in the bank reg the cheque no 295178 which I had submitted to that office and it is noted that no cheque is dishonoured from my account till date. So please check the mistake made from that office

i have applied for home loan in lic hfl. our procedure has started on 17th of Jan when i got the noc. after repeatedly submitting the required documents n after doing continuous follow up finally they told me ill definitely get the cheque on 31st of January. but afterwards they again demanded some requirements. i submitted the same in one day. again next day they ask me some another requirements. i submitted it on same day. but after every alternate day they did the same think. they asked different requirements. every day i used to visit the branch office with hope that today il definitely get the cheque. yesterday on 12th Feb they told me now they dont have any requirement. n after all these things today on 13th of February they told k they have stopped the cheque payment of lodha people. n the reason is they want to keen some apf number n afterwards il get my cheque. n this procedure is going to take atleast 15 days. that means i m not going to get the cheque for next 15 days. if they should asked the requirements in one time till now i would have got my cheque. i have suffered a lot bcoz of this loan procedure.

I Mohansing H. Jamindar taken two housing loans.My account No. is[protected] &[protected].I have close both the lones in march 2012 but till date not receive original housing document from Jalgaon area office.Please solve my problem as soon as possible.

THANKING YOU,


Yours Faithfully,
Mohansing H. Jamindar.
Mobi. [protected]
Email - sagar.dashputre.[protected]@gmail.com

I am planning to buy a new house and for the same I contacted couple of bank for the home loan. The rate of interest of lichfl was showing 10.40 and everybody else was 10.75/11.0%. Mr sanjay assured me this is the best deal/Offer you can get and I should go for it. Lichfl works of lhplr, I gave him a cheque of rs.5515/- Which is encashed last week and I received the sanction letter yesterday which states that 0.40 is the offer rate and after 3months or prior it will be changed to 14.40% - 250bps from the sanction letter "the rate of interest of 10.40% will be applicable for 3 months or next review date as per clause 2.2a of terms and conditions of home loan documentation kit. Thereafter applicable rate will be lhplr minus 305bps." That means immediately they will be start charging 11.65% this should be told before by the executive that ths promotion offer is just for 3 months so the customer can decide before giving money for processing. I know I will not get any refund but I want everybody aware of this. once again beware before chossing LIC housing finance