Lic Of India — DELAYED REFUND PAYMENT

Address:

Kolhapur, Maharashtra

DEAR SIR,
I am having very bitter experience with LIC money back policy No.[protected].The money back payment should be received before 20.2.2011 but as usual it wasnt.When i enquired repeatedly the answer was no and arrogancy and insulting treatment of branch officers.Finaly i registered case CC/11/340 in May 2011 with Hon consumer court kolhapur.The proceedings were conducted and finally LIC is ordered by Court Order dated 09.05.2012to pay Rs 4000/- to customer for gross negliences in duties.I hope that this step will improve the repayment services of LIC and the will turned towards online money transfer like NEFT/RTGS/ECS as per latest resolution of RBI in Sept 2012.Also i request to suffering customers to file cases wherever it is necessary against neglient behaviour and non professional/unfare trade practices/arrogancy of staff of LIC.