LIC HFL — rate of interest for the existing customer

Address:560066

Dear Sir/Madam,

I have taken a Home Loan from LIC HFL, Indra Nagar, Bangalore in the year 2016. The current Rate of Interest is 12.1% as per the records however the interest should be less than 10%. I have verified the same with other existing customers. When contacted the bank person, he is asking me for a cheque.

Due to this, my principal portion has reduced by 50% in 2018 when compared with 2017.

How do I resolve this issue without any extra payment from my end?

Thanks,
Kishore
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Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
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I have paid the LIC premium online (Netbanking) ICICI bank. on Jan 3rd 2019. Saw a message failed but the money is deducted. Once again I performed the payment via another transaction.

Kindly help to understand what is next with the failed transaction.

My policy number:[protected].
Amount deducted 5303.68 Rs
I would like to know that is LIC intentionally designed the new portal to throw us from LIC to private insurance firms.

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