LIC HFL — rate of interest for the existing customer

3 Reviews
Bangalore South, Karnataka, India
 Priti Kishore on Jan 8, 2019
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?


Complaint Status

[Jan 09, 2019] Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
Complaint comments  2 Comments     Updated: Share0Tweet0


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.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    Your Rating (1 star is bad, 5 stars is good)
    Customer satisfaction rating
    +91 22 2217 8600
    +91 75 5267 6254
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    LIC HFL - rate of interest for the existing customer