Lic Housing Finance Limitted, Visakhapatnam-530017, A. P — Non-settlement of housing loan loan by lic housing finance limitted

Address:

Visakhapatnam, Andhra Pradesh

I took a loan amount of Rs.2 lakh from LIC Housing Finance Limited,
Visakhapatnam (Sithammapeta Branch), Andhra Pradesh in the year 2003. The premiums of
the policies pledged towards the loan and the monthly installment of
the interest amount was paid through SSS (Salary Saving Scheme) from
Andhra University, Visakhapatnam where I worked as a Professor in the
Department of Anthropology from 1979 to 2012. My Loan account No:
67001274. LIC Housing Finance Limited, Visakhapatnam (Sithammapeta
Branch). Though the policies were matured long back, the LIC Housing
Finance Limited, Visakhapatnam failed to settle the load account and
matter still pending with the LIC housing finance limited though
several reminder were given to the LIC through our agent. I
understand that there is an inter departmental problem between LIC and
LIC Housing Finance Limited in the receipt of the premium of the
policies and the housing loan installments. I was put to lot of
hardship due to non closer of the loan inspite of the payment of all
dues to LIC Housing Finance Limited. I came to know from the agent
that the issue was right now with the Divisional Office. Hence, I
request you to look in to the matter and take immediate action for
settlement of the loan account and refund of the bonus due on my
policies.Prof.V.L.NARASIMHA RAO
S-2, PALACE TOWERS, PALACE LAY OUT, PEDA WALTIR, VISAKHAPATNAM-530017, A.P
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