Life Insurance Corporation of India [LIC] Complaints & Reviews

Subject: non-payment of money back amount by your cab branch even after two months
Dear sir/madam,
It is to bring to your kind notice as under:
1. I have got the following five new bima bachat (Table-816) policies opened on 28/04/2014 in my name and my family members in your cab branch
[protected] 28.04.14 tbl 816 318307 bikash kumar son sa 450000 450000
[protected] 28.04.14 tbl 816 343597 bidyadhar panda self sa 460000 460000
[protected] 28.04.14 tbl 816 328658 bidyadhar panda self sa 440000 440000
[protected] 28.04.14 tbl 816 207060 rashmibala panda wife sa 280000 280000
[protected] 28.04.14 tbl 816 162690 rashmibala panda wife sa 220000 220000

2. As per provisions in the policy, 15 per cent of sum assured, shall be paid to our registered bank accounts through neft after 03 years, i. E. On 28.04.2017.
3. Neft has been registered with lic for each policy mentioned above and acknowledged by lic.
4. Though almost two months passed after the scheduled date, your cab branch has not yet paid the amount, which has caused unnecessary harassment and financial loss to me as a sr. Citizen with not much scope to earn and manage family.

You are requested to enquire the matter and arrange for release of my overdue amount with penal interest from the person responsible, at the earliest.

With regards,
Bidyadhar panda

While review of account statement, t was found that half yearly payment of rs 1761 is not transferred into registered bank account.
Earlier deposition details as follow.
02/05/16 ach c - lic pgs delhi-11h[protected]
01/11/16 ach c - lic of india pgsunit-011h05310774

If, there is any updation is required n address of supporting document, let me know.

I recommend to break this policy and give one time amount.

My lic policies numbers are[protected],[protected] premium paid on 22.03.17 but i am not received my payment acknowledgement through my email "[protected]@gmail.com" and my wife`s policy number is[protected] paid premium on 22.06.17 and not get premium paid acknowledgement through mail "[protected]@gmail.com" i requesting you please pursue the matter at an early date sir, thanking you sir
Dekka srinivasa rao

My lic policy no[protected], matured on 29/03/2017 at domjur br. It was assigned by indian bank/domjur br. Bank already submitted policy and request for issue chq/drafts. But lici office say that it will be pay through rtgs to bank's own a/c. Bank say we have no a/c to receive the rtgs. You can pay to parties a/c through rtgs. Lici says it is impossible to pay parties a/c. It will be paid only bank's a/c. Iam suffering. Total fact complained by me on 30/5/17 (Id;1585277), but no responce. Pl. Tell me how and which i can get justice.

I've sent all the required documents along with the lic policy transfer application to lic branch 16j (Bahadurgarh, haryana) so as to transfer my lic policy to gurgaon branch.

But despite taking regular follow-ups its been more than 2 weeks nobody is replying to mails and nobody is picking-up the phone calls.

Really very pathetic to see so called digital india.

Non receipt of maturity amount from lic policy no[protected] due date 05.08.2016 maturity amount rs 297500. L have not received any letter regarding payment of maturity amount before due date /after due date nd till today. L submitted all papers by post before due date. Also submitted affidavit on rs 200 stamp paper as required by claim officer on 12.09.2016. The claims officer was satisfied on 12.09.2016 and told me that the maturity amount will be credited in my bank account. Till today i haven't received my maturity amount or any letter regarding the payment.

Golap ali, candidate of a lic agency having urn - lici[protected] & transaction no - lic[protected] is trying to pay the exam fees through online banking but unable to pay the exam fees. He is a repeaters candidate, he had failed to pass the exam in his 1st attempt. After log in to iiiexams.org websites, he is failed to pay the exam fees as the system is failed after the icon 'proceed to pay' is not operational. Please do the needful so that he can pay the exam fees. Thanks.

Hi,

Hi,

I had to enroll two LIC policies with employer. However i am getting issues with both of them.
When i enrolled first policy[protected] it got enrolled and i got confirmation mail in my official mail id. However once i logged into the portal and i tried to click on 'Enroll for Employer', i got message 'No policy found for enrollment'.

When i tried to enroll the second policy[protected]at https://customer.onlinelic.in/LIC_Corporate.html link with my organization 'Cognizant', i am getting error message 'We are unable to process your request.Please try again later'.

Please look into the issue and let me know if any other information required.

Sir/madam,
I have submitted all the required documents at lic office city branch-i (671), visakhapatnam for settlement of claim almost 4 months back for the policy no.[protected], policy holders name: udata madhavi.
But till today the amount has not been credited to the policy holders bank account, even after repeated phone calls to the lic office.
This is very annoying situation.

Respected sir
I warsha prabhakar manapure policy no.[protected] requested u to clear my maturiyu claim. Maturity date was feb 2014 we submitted original bond at the lic office gadchiroli on dated 15/06/2016 but still maturity amount has been not given to me until the date 16/6/2017.. Pls i request u to claerify the my maturity an=mount in my bank account whichb has been given in lic office... My contact number [protected].. Pls inform me and solve my problem. Thank u.

Due to urgent need of money i surrendered 3 of my policies under lic of india on 19.04.2017. Those policies were under ecs mode and premiums were debited on monthly basis from my savings account. I received the surrendered amount on 23.05.2017 in my bank account through neft. The delay in processing is noticable and during the processing unfortunately premiums of each policy were deduced for the month of april on 28.04.2017. However after receiving the surrender amout, once again premiums were deducted from my account on 29.05.2017 which is 6 days after i received the surrender money.
My policy numbers are[protected],[protected],[protected] and the monthly premiums were rs. 817.00, rs. 2507.00 and rs. 1752.00 respectively.
I therefore, hereby complaing about inconvenient service that resulted in post-surrender deduction of premium amount from my savings account. I am also requesting you to promtly take action to stop the ecs mendate and refund the extra money deducted for lic of india.
I am also informing you that i contacted the falakata branch on 30.05.2017 and there i was advised to wait for few days as the money will be returned to my account automatically. But that never happened. On approaching a bank personnel i was informed that ecs deduction will continue until lic stops sending mendate for that and the deducted amount can only be returned by lic office.
Kindly consider my request as a serious matter and very urgent as well.
Thank you.

Regarding case in honourable supreme court, t. Nadu temp full time tem lic emp assn vs. Life insurance corporation of india and ors case no. Civil appeal 6950/2009, 6951/2009, 6952/2009, 6953/2009, 6954/2009 and 6956/2009, curative petition civil[protected]/2017 all dismissed and disposed date 22/02/2017. Honourable sir, the honourable sc gave a judgement dated 18th march 2015 to absorb all the class iii and class iv terminated employees who had worked during 1985 to 2001 in life insurance corporation of india. But do to non action of the corporation the case was followed by a contempt petition 459/2015, 634/2015 wherein the honourable sc ordered the corporation on 8th august 2016, to absorb all the class iii and class iv who are working till date giving all the monetary benefits and 50% back wages worked with lic 1985 onwards date within 8 weeks. But this is the second time the corporation does not obeyed the honourable sc order. Neither did the corporation implement the order by taking action to absorb, nor did they gave any information about their plans to implement the order 8 weeks which were give to the corporation to implement the order are over now. Note - i have worked with life insurance corporation of india kheda branch - 87/1, nadiad division, gujarat, india duty 112 days as an assistant year 1993 - 94 period (1) dated 16/11/1993 to dated 05/02/1994 - total days - 82 and (2) after one month, extension order of 30 days but i have misplaced the said order.

Hi iam harishanker and i have several policies in lic almost 17 with nos[protected],[protected],[protected],[protected],[protected],[protected],[prot...⇄ etc and i hav applied for a loan in the month of february submitting all the documents and also got blood tests done, my lic agent perumallu submitted it, however it is approved after 5 long months of wait in june and this is extremely frustrating and because of this delay from your end, i could not claim it for tax benefits and i am at loss. Iam at a huge loss because of this.

I had made a payment online against my premium due against policy number[protected]. But i dint recieve any premium reciept on my mail
Payment id is iaxg[protected] on 4 may 2017.
So kindly provide my premium reciept on
[protected]@gmail.com.
Payment amount due is rs4804
Its been more than a month that i dint recieve a reciept of my premium already paid. So kindly provide me the reciept on priority baisis...

I have not yet received pension under my jeevan suraksha policy no.[protected]. Earlier my pension used to be credited to my bank account with sbi in the first week of april every year.
Kindly expedite the release of my pension annuity.
Thanking you,
Yours faithfully,
Sudha kaushal w/o devindar kumar kaushal
V & p. O. Bassi ballo
Near - hariana
Distt. Hoshiarpur (Pb.)- 144208
Punjab

Sir,

I refer to the annuity policy no. 30659 of mr. Ninu khanna, on which the quarterly fixed annuity amount is received, the quarterly amount which was due in the month of april’17 is still not credited to the account. We tried to reach out the concern lic branch office located at delhi (Pension and group schemes department) jeewan prakash, 25 k. G. Marg), but we are not able to get through the given telephone numbers and the email id.

I have enclosed the existence certificate for the said annuity policy and request to please register our grievance and please respond us on our request. Looking forward to your earliest reply on it.
Thanks
Pallavi powar ([protected])
For
Ninu khanna
Ninu khanna
1302 stone arch, shirley rajan road,
Off carter road, opp. Rizvi college
Bandra (West)
Mumbai 400 050.
Mobile no. [protected]

Bank details
Hsbc, mumbai – sb a/c. No.[protected]
Address: hsbc centre, dr ambedkar road, bandra (West), mumbai 400 050,
Ifsc code: hsbc0400004.

Davangere,
25.04.2017.
To,
The branch manager,
Lic of india,
Davangere.
Dear sir,
Policy no.[protected] monthly premium of rs.155/- under sss
The monthly premiums of the above policy were remitted under sss scheme from various
Branches of state bank of mysore without any gaps. Whereas, on enquiry with davangere
Lic office, i was informed that premiums were not remitted since apr.2004.
During the said period, i was transferred to various branches of state bank of mysore
And premiums were remitted under sss scheme. Now, i request you to verify the records
And get the things corrected. My above policy was matured in 2014. But i could not get the
Maturity amount due to this discrepancy at your end.
Your early action in this regard will help me to get the maturity value of the policy which is long overdue.
Further, i furnish here under the details of state bank of mysore branches from where the premiums
Were remitted during this period for your convenience.
Sbm branch designation from to
Connaught, new delhi manager, ibd jul.2000 jun.2003
Lingarajapura, bangalore branch manager jul.2003 may.2005
Indira nagar, bangalore branch manager jun.2005 apr.2008
Hyderabad manager, ibd apr.2008 jun.2010
Abids, hyderabad manager, ibd jul.2010 oct.2011
Rasmecc, hyderabad manager, ibd nov.2011 apr.2012
Ccpc, bangaore manager, ibd may.2012 aug.2014
Regional office, davangere chief manager sept.2014 apr.2017

Yours faithfully,

R lakshminarayanappa,
Chief manager,
Rbo i,
State bank of india

Dear sir
In connection with above i have visited man a times purnia branch office and put my grievances before mr s. K. Chand, bm, and also request to muzaffarpur bo, bhagalpur do and co_crm, lic_eps etc but in vain. Still my claim is pending.
The claim is pending due to the reason of lic accounting system that which one of their office will create the master of ordinary or salary saving and all like that.
May i know that due to their bad working culture should a genuine customer be harassed.
May i appeal to all the higher official of the concern depttt to early payment of maturity.
With regards
Chandra shekhar ghosh
Cell no [protected] email [protected]@gmailcom
B g road, sipahi tola, purnia, 854310, bihar.

My annuity payment was due for payment of about 1500/-p. M. As per policy documents. But after lot of reminders to lic branch chikodi, at dharwad vision in karnataka. It is lately started that too onlyrs.996/= p. M. I have to the branch, division office several times through phone, but only assurance received from branch, do, & pension centre at bangalore. Now from march 2017 paying 1338/=p. M. Without paying the arrears of payment and difference in actual payment to be received w. E. F. From december 2015.
I am now making my strong complaint for payment of arrears of annuity with 12%interest on the amount to paid to me immediately.

Lichfl a/c[protected]New alipore branch, kolkata)

A senior citizen quotes with a heavy heart, requesting kind, urgent intervention of the appropriate authority on:-

1. Me, as the co-applicant with my daughter as the first applicant had availed a hbl (24.50 lacs-emi rs.30099/=) from lichfl alipore branch, kolkata, wb in dec 2013. Since the very start of the loan total non co-operation, harassment continued by most of the officials posted time to time. They never send annual statement/ interest certificates, even after calls/ mails etc from our side. Latest instance, my mail dated 27/03/2017 is yet to be responded after expiry of 76 days!

2. Though, beyond all hardships after retiring from service, also before retirement, i had never never never failed to have funds in my sbi account, ensuring clearance of emis on the due dates (06th for us). Shockingly, every time i visited the alipore office, officials behaved ill with me with rough tones telling "return/ non-payment of one emi. But, when asked by me for evidences on this, they were always unable produce any documentary proof. Suddenly, a few day back, while trying to check cibil, it was a shock for us to see a noting of an overdue of the emi amount + some charges thereat.

We request for proper investigation & action thereof at an early date.
Dipankar choudhury
[protected]
[protected]