| Address: Meerut, Uttar Pradesh |
To, Date: 01 Dec 2010
The Executive Director CRM/Chief (CRM)
LIC of India,
Sub: Policy Bond Lost By LIC and not Approving Loan on Policy
No.[protected] Without Submitting the Policy Bond
Dear Sir,
I, Manu Agarwal, Resident of 28, Rajeev Puram, Nera Takshila, Garh Road Meerut taken a LIC policy “Jeevan Shree” of sum assured Rs.500000 on 28 Jan 2002.
I have also availed the loan facility on this policy from LIC and handed over my policy documents at your Mawana Branch (0275) on 04 Nov 2006.
Now I have repaid all loan amount with interest till 22 Sep 2010 but still looking to receive my policy bond. In this regard I have communicated with Ms. Kalpana at Mawana branch (0275) many times and today she informed me that the same has been lost by LIC.
Now again I am in need to avail the loan on this policy but the LIC staff is not agree to approve the loan without submitting the policy bond.
This is much painful situation for me and I am suffering due to much financial crisis.
I request you to please get this matter resolved on the highest priority within a week’s time else I would have to approach to the Consumer Court. Please take a serious action against Ms. Kalpana so that in future no other customer would suffer and image of the LIC will not be hampered anymore like it had been inmycase.
Thanking You,
Yours Faithfully
Manu Agarwal
Policy No.[protected]
28, Rajeev Puram, Garh Road,
Meerut (UP)
M-[protected] and [protected]
Aug 13, 2020
Complaint marked as Resolved
Life Insurance Corporation of India — non payment of the LIC policy on maturity
I have had requested to LIC br.2 at Muzaffarpur (Bihar state) on15/9/2008 to trasfer 2 lic docket of policy no[protected] for 25000/= and policy no[protected] for Rs.200000/= both under salary saving scheme to LIC nagar sakha 4 varanasi UP as I have been transferred to varanasi on 14/7/2008.after many reminders they trasferrd one policy only and policy no[protected] isnot yet transferred,but it has matured on 28/2/2010.I have not received the payment so far.I must get the payment alongwith overdue interest at 24% p.a.or at the rate they are charging on the late payment.
Please take up the matter urgently.
Thanking you.
H.R.Udani
Chief Manager
Central Bank Of India
Lanka, VARANASI 221005.(UP)
e-mail [protected]@rediffmail.com