LICHFL, Thanjavur — Incorrect Sanction Amount and Interest Rate

Address:Pune, Maharashtra

Hi,

I recently applied for LIC home loan and it got sanctioned on 26/05/2011 (File no [protected]).
I had applied for 24,90000 rs. and for 5 yrs fixed term basis. Even in PDI interview the LIC person noted down the same details.

But when I got the sanctioned letter it was for 19,90000 having floating rate of 9.9%.

It seems LIC people have done blunders while entering the data.

I never asked for floating interest rate and I am eligible for 35 lacs of loan amount.

Could anyone please help me out with the process for asking these LIC guys to correct the sanctioned letter?



Regards,
Rajkumar Bisen
[protected]@yahoo.co.in
[protected]
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Comments

Hi,

I applied for LIC home loan and it got sanctioned on 14/08/2010 (File no 514339).
I had applied for 1200000 rs. and for 15 yrs fixed term basis. Even in PDI interview the LIC person noted down the same details.

But when I got the sanctioned letter it was for 850000 having floating rate of 9.9%.

It seems LIC people have done blunders while entering the data.

I never asked for floating interest rate and I am eligible for 16 lacs of loan amount.

Could anyone please help me out with the process for asking these LIC guys to correct the sanctioned letter?


Regards,
SMT. YASHODA MEHTA
[protected]@yahoo.co.in
[protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6213
    Pending
    0
    Resolved
    2215
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information