[Resolved]  Lic Housing Finance Ltd. — Delayed disbursement of payment by LIC Housing Finance Ltd.

Address:Uttar Pradesh

In reference to the above subject, I would like to bring to your kind notice the following:

My Name is Amit Giri(File No - 612874) and I had applied for a Home Loan from LICHFL in August 2010 for buying a property with Amrapali Developers in Noida Extn.

At the time of applying for loan I had been assured that all the processes will be completed without any complication and on time (within 30 days or Max 45 days), but After a lot of frustrated attempts and umpteen visits to the office the loan is sanctioned, but I'm yet to see any hopes for my first disbursement cheque.

Due to the delayed disbursement of payment by LICHFL to Amrapali I have already been charged a substantial amount for late fee and might have to do so again.

I had so many other options while looking for a Home Loan company but chose LICHFL only because of the trust which was developed while using LIC's other services. I thought that things will be completed on time and without any complications but even after so many rounds to your offices the things are still pending even after all approval.

I request you to please look into the matter urgently as further delay related to same is causing me financial damages as well as damage to the trust I have with your company.

Sincerely,
Amit Giri
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Aug 13, 2020
Complaint marked as Resolved 
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Subject : LIC Housing Finance extreme delay in release of housing loan for loan ac no[protected]
I am Gopi, LOAN A/C No:[protected], LIC delaying the payment release for the stage payments.

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