Life Insurance Corporation of India [LIC] Complaints & Reviews

Respected Sir,

I had applied for LIC credit card 2 to 3 months back. It was approved & LIC dispatched it to me (@ my home address) however I never received it. When I talked to the customer service they said that it should be with post office. I went & checked but did not find it. Please send it again. Below mentioned is my personal information.

Name: Rajat Rastogi
D O B : 6th Feb 1982

Mobile no: [protected]

Death claim in respect of Late Jeevakala died on 26.9.2009. So far no action is being taken and no sanction orders are received.

Sir, I am Neeraj Soni and my Policy No. is[protected] DOC: 26/03/2007. I had registered on lic website for online payment. However, due to forgetting the login/ID & Password, I am not able to
connect through website. Kindly reset my registration or else, suggest the measure so that I may
be able to log on on lic website please.

My Email ID: [protected]@nhai.org and Mob. [protected]

thanks

Neeraj Soni (A) B P Swarnkar (P)
H.No.11/151, Vasundhara Link Road
Ghaziabad (UP) Pin 201012

I am a LIC Credit Card Holder My Card No is [protected]
As instructed by LIC Credit Card Division I paid my dues by a Chandigarh Cheque well before due date and put it in the drop Box of Corporation Bank Chandigarh Branch. Corporation Bank Staff presented my Cheque without affixing their clearing stamps on the face of the cheque and presented. Drawee Bank returned the same for want of Corporation Bank stamp and LIC Credit Card Division put me in difficulty by charging late fees. I wrote to LIC CARD DIVISION for reversal of wrong late fee charges and no body respond to my complaints.LIC CREDIT CARD DIVISION is an apology in credit card system, they are lacking professionalism. Now I am ready for surrendering my LIC Credit Card if they are ready for surrendering my wrong late fees charges
Jobie S Kandakudy
[protected][mob]

Sir, I have accounts of money plus viz.[protected] and[protected].i want to know current status of my accounts on my E mail id....

Dear Sir,
I paid the renewal premium online today on dated 15/09/2010.
This policy No:[protected]. My bank account has been debited
amount Rs. 5415.00, but no online receipt for the payment of the
premium was generated and no change my policy FUP.

The transaction details from my bank account:

Value Date Narration Ref. No.
[protected] [protected] [protected][protected][protected]

15-Sep-2010 TO TRANSFER MSBI[protected]IG28775173
IBN Life Insurance TRANSFER TO [protected]
Corporation LIC_Ref BILLDESK TRANSATION A

Debit Account Number:[protected]
Debit Branch: State Bank of India, Narla, Kalahandi, Orissa
Amount INR 5415.00.

I would request for the problem to be resolved as early as possible.
Please send me Receipt in my mail ID, Otherwise I will be forced to take
the Help of Consumer Forum.
This is for your kind information and necessary action.
Your faithfully,

JUGAL KISHOR PADHAN
At./P.o.- Mandel, Via.- Narla
Dst.- Kalahandi, Orissa, Pin: 766100
Ph:[protected], Cell: [protected]
E-mail: swadhin.[protected]@gmail.com

My Loan a/c no 10001135, File No 601756 had been cleared since March 2007. I am regularly following for return of all my Original Documents i.e. Lease deed, Map, Transfer memorandum, serch certificate, completion certificate etc etc. via speed post, emails since to The Director (Grievance cell), Mumbai | The Regional Manager, Sansad Marg, N. Delhi | The Area Manager, Asaf Ali Road, Delhi | The Area Manager, Kaushambi, Ghaziabad and The Area Manager, Noida, of LIC housing finance ltd. And have not received any reponse from any one. It is requested to take the matter seriously and for your action.
Thanks, Vineet Grover ([protected])

Hi,

I bought LIC market plus tax saver policy on 13th Dec 2006 in pune and now i want to surrender it.
I have shifted to Hyderabad and wanted to surrender the policy here.But the LIC people are telling me that I cannot surrender my policy here, i have to go to pune and surrender my policy there.On top of it, they are saying that it will take 2-3 days time.
This is a clear case of putting the policy bearer in trouble.When i bought this policy via agent and even when i contacted the LIC people of my branch, they told me that i can surrender it anywhere and now i am hearing otherwise.
I dont understand the simple part that, shifting location is pretty much obvious in india and why the hell anyone would go to pune stay there for 2-3 days (again here you need to arrange place for stay) and then even after that you are not sure whether your work (surrender the policy) will be done on time.

This is why people think twice before investing in govt ULIP, because of so much of suffering, because of so much of trouble which they give to the policy bearer.

This is completely insane that i can do the policy-premain payment online from anywhere, but to surrender it to the LIC, i have to go the base center office.Why kind of rule is this that you can ask the money from anywhere and to get the money back , i have to come to pune.

I have invested Rs 90000 in the policy in three years and whatever the meagre profit which this policy is giving me will be invested in my trip to pune, arranging stay etc.
Dont you guys think twice before making such a pathetic policy.

I clearly felt cheated here by the LIC orgranization.and this is just a wakeup call to all those who are investing in LIC that please dont invest here.Better invest in private sector, these govt policies and nothing but piece of where you roam here and there with no luck and at the end, they will give you so much trouble at each phase of the policy(surrender/premium payment etc) that you will be like fully disgusted.


This is my sincere request to the LIC people to do something in this regards.I just cannot take 4 days leave to go to pune and stay there (wasting money here again) and surrender the policy.

Name : Pushpendra Singh
Market Plus policy no. :[protected]
Bought on : 13/12/2006
Email Id : [protected]@yahoo.co.in
Phone No. : [protected].

Thanks,
Pushpendra

SIR I WANT TO KNOW THE CURRENT STATUS OF THE POLICY NO[protected]

Sir,

My loan a/ no.[protected] file no. 205289, i had closed my loan a/c on 12th August 2010 by repaying all the outstanding balance amount. At the time of closing A/c i was given assurance by jogeshwari (East) branch office that i will receive all the documetns withing ten to fiftteen days but that never happened. After continous follow up with jogeshwari east branch i was informed to follow up with fort branch where nobody respond you properly if fortunetly anyone picks up the phone.

Neverthlesss, on 9th September 2010 i was called by jogeshwari (East) branch to collect the original documents. While handing over the documents first party original agreemnet which was between Pandey buuilders and Mr. Avinash S. Sawant given in "Photocopy" when inquired about the original agreement Mr. Vishal Doshi (Area Manager) instead of giving assurnace of looking into the matter tried to fool me by saying the LIC housing finance Limited never received the first party original agreement and had given disbursment of loan on the basis of "Photocopy" of first party agreement and i was told to inquire with first party Mr. Avinash S. Sawant and his loan banker. Now the questing is:-

1) How without orignal chain of documents (Regulatory requirement) loan amount is disbursed and how LIC housing finance Limited issued disbusment chque in favor of HDFC bank Ltd. to close loan account of Mr. Avinash S. Sawant (First Party).

2) How legal verification documents which lying in jogeshwari (East) branch file no. 205289 clearly states that they have verified original agreement of first party.

3) How first party Mr. Avinash S. Sawant share certificate received by LIC housing Finance Ltd. which was there along with first party original agreement.

Now, i am on the verge of cancellation of my flat selling negotiation which lead to finanancial loss to me and in furture without first party original agreement i will not be able to sell my flat. I request to reslove this issue.


Kindly look into the matter urgently.

Name: Ganesh R. Kanaujiya

Contact no: [protected]

I bought a Builder floor flat. I applied for home loan in LIC housing finance ltd.based upon my profile check and legal valuation of property , My home loan was approved by LIC and a loan agreement was signed between me and LIC housing finance. I was waiting for Loan cheque from LIC at the last instant despite of giving Loan Cheque they said that can’t give me loan As LIC does not do loan on builder floor. LIC also took processing fee of Rupees 5600 from me they kept me waited for 41 days Now I am completely harassed and disgruntled. I have already made 10% payment to builder. I have to make remaining payment to the builder. If my loan is not approved my initial paid amount can be forfeited by builder. I want to sue LIC for their mistake please let me know how can go ahead in this….
Thanks and Regards,
Chandra Prakash

Dear Sir/madam,
My name is Sameer Narang and i am working in a private bank. In March,2010 I met a LIC advisor named Sanjay Kumar through a friend of mine. I bought a money back policy for Rs.3236 (half-yearly) and give him a cheque of PNB Bank for the same. I told him to inform me before presenting the cheque. But my cheque was cleared on 13 march, 2010 without informing me. But still i am struggling to get my policy. my next premium is due this month but i dont know anything about it. please solve my problem my PNB cheque no was 971871. My contact no is [protected].

Hello Sir

I am Lic Agent and I want my LIC Agent Portal code. For this I am requesting to my A.S.M. from Last three months but till he not give me my agent portal code. So I request you sir please suggest me now what i do.

Manal Kumar
LIC Agent
01401-17M...

I am shailesh kishanrao kagade who is the lic agent in pune city for 95L baranch. my agency code is 110495L . As per lic policy i must get the bonus commission after completion one year of agency but after the completion of one month I am not received that commission. Hence i want to take that commission with interest from lic

Hi,
Today i have paid my premium Rs.4028 through ICICI netbanking in LIC website. Amount has been debited from my bank account. But Receipt has not been generated from LIC web site.it says that " getting transaction status fails". When i check it in a bank, they gave me the transaction number for this payment to track. transaction number is [protected].
i am not able to lodge compliant in LIC's website also. it says complaints can be lodged after 6 days of payment. my Policy number is[protected]

Please help me on this
my email id is m.[protected]@indiatimes.com

Thanks and Regards
Boopathi

I RECEIVED LIC CREDIT CARD. I TRIED TO CHANGE THE DEFAULT PASSWORD
BUT COULD'NT BUT LIC CHARGED RS.66/- FOR SAME. I WROTE MORE THAN 50
MAILS TO THEM BUT DID NOT REPLY TO ME AND AMOUNT IS INCREASING DAY BY DAY. THEY HAVE GIVEN REPLY AFTER 6 MONTHS AND LATE FEES HAS GONE TO MORE THAN 300/- WITHOUT USING CREDIT CARD. IN THEIR REPLY THAY AGREE THEIR MISTAKE BUT UNABLE TO WAIVE THE LATE FEES. WHY I
SHOULD PAY THE AMOUNT FOR WHICH I AM NOT RESPONSIBLE. KINDLY GIVE ME YOUR EMAIL ID FOR SENDINGA LL THE CORRESPONDENCE. MY CARD NO IS
[protected]. KINDLY CONTACT LIC CARD SERVICE AND WAIVE THE AMOUNT

VINEET LAMBA

I have a LIC Policy: G10743797. This got maturity in 2004. I visited LIC-Cuttack Branch, They send me to SAMBALPUR branch.

I SAMBALPUR they show me the AMOUNT but said your papers are in BHAWANI PATNA. Go there. I went there. LIC-BHABAWANIPATNA says we do not have any record.

In the age of 65 how I can manage to visit these branches and how many times
from 200 KM.

I fustrated and waiting for your justice

PITAMBER MOHANTY
[protected]

I,Mamta Bajaj, want to register complaint against LIC for delay and then rejection of the death claim for the policy no.[protected] in the name of my late husband Mohit Bajaj for which I have submitted all the papers in September,2006 and sent LIC a lot of reminders for which I have Photostat copies and speed post slips. But I have not received its claim till date. The other policy is[protected] again in the name of my late husband Mohit Bajaj...

SUB: ANNUITY NO. 39800 (POLICY NO. 46468)

I HAVE NOT RECEIVED MY PENSION FROM JULY 2010 THOUGH I HAD WRITTEN TO LIC P&GS DEPTT LAST MONTH. NEITHER I RECEIVED THEIR ACKNOWLEDGEMENT FOR THE REGISTERED LETTER. I USED TO GET TWELVE CHEQUES EVERY YEAR DURING THE MONTH OF JULY.

KINDLY ADVISE ME AS WHAT ACTION IS REQUIRED FROM MY SIDE.

REGARDS
C NAMBIAR
E mail: [protected]@yahoo.com or chiraag [protected]@yahoo.com
mobile: [protected]/[protected]

Dear Sirs
My wife and I hold 20 year Life Policies with policy numbers as follows:
Mrs.Chellammal[protected]; and
Mr.M.Sivathanu Pillai[protected]

We have been resident in Jaipur, Rajasthan for the last five years. We have also paid our semi-annual premium without any lapse. Our policies are expected to mature in March 2011.

We are now planning to relocate to Chennai in December, 2010, for permanent residence with our son in Kolathur , Chennai.
Ever since we moved to Jaipur, I have been writing to LIC office in Koramangala, Bangalore where we had serviced our policies for 5 years before moving to Chennai. We had also called the LIC regional office in Bangalore over telephone several times to transfer our policies to Chennai. The Officers promised to do the transfer; but nothing has been done so far.
We would appeal to you to do the needful and help us to get our transfer as well as maturity value of our policies on time.
Thanking you
Sincerely
Prof.M.Sivathanu Pillai
204, Samridhi Apartments, C-92, Jagraj Lane, Bapu Nagar, Jaipur- 3020015
mobile:[protected]/912
email: [protected]@yahoo.co.in