[Resolved]  LIC Varistha Pension Bima Yojana — Non Payment of refund money to the nominee, after death of policy holder

Dear Sirs,

My mother Mrs. Kumudini Bala had taken a LIC policy under "Varistha Pension Bima Yojana" scheme.
Policy no.[protected] dt. 28.03.2004. Unfortunately my mother expired on the 18th of March 2008. We have hence, applied for refund of the policy money to the nominee which is myself. All the required documents along with uncashed cheques were submited to LIC on 15th Nov. 2008, for which LIC has given a receipt .

I have followed up the matter several times and was ultimately assured that all the papers and cheques were located in the concerned officers office drawer. I am sorry to state that till date I have received no refund amount from LIC. Asking for a refund money after mothers death is in itself a work of deep agony & runing for the matter is still more pathetic.

Sir, please give a serious attention into the matter and do the needful as I fail to understand the unability of LIC to refund the due .

Thanking you
yours sincerely
Sadhana Saxena

C1/67 Janakpuri,
New Delhi: 110058
Ph: [protected]
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Aug 14, 2020
Complaint marked as Resolved 
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LIC- OF PENSION — REFUND

i was getting my pension ref no. [protected], and that was credit to my HDFC Bank .
But in Last March 17/03/2020 Bank has return the amount Rs. 7008/ with the remark Title Differ. As the transfer was made in the name of Praveen Kumar Sidhra. As my Bank Acount has the Name as Praveen Sidhra. Now I have made the correction in my bank, as now my Name there is Praveen Kumar Sidhra.You rare requested to send the transfer again .(ESC CR LIC OF INDIA VILE PA - [protected] OF 17/03/2010)

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