Life Insurance Corporation of India [LIC] Complaints & Reviews

Hi LIC Team, I'm unable to pay my premium Online for the policy number[protected], I'm facing with following error tag - 'Premium can not be paid for this policy using Online Payment Facility. Please ensure that premium is due for the policy and try again.t'. Can you please help with this as I cannot my premium through any other channel due to my personal constraints. Regards, Ketan Sarmalkar...

Dear All, I applied the loan in LIC Housing on 31 OCT 2012. File No :- [protected] & file has been recjected by area manager with providing the reasons. But after few days i check the bank account there debit the my cosmos account of RS 5618.00/- after that ask for refunds on 01 jan 2013 with the recjection reasons but till date am not get any reply many time i sent the mail to all manager. Mr Manish only say that i will get refund money but when... almost 1 year is coming to over.

card no. [protected] payment via cheque in jasola, delhi branch on 4th may 2012. this is regarding the credit card in the name of manmohan khati, and payment the cheque no. 062542 dropped in jasola branch on 4 may, but it is still not cleared, and i got another mail to deposit the amt. with late payment and interest charges. how come this happend pls. check this out and revert back to me. whether it is my fault or the bank or lic cards dept. fault. if it is not my fault then can get back with interest and late payment charges towards me. Matter is under consider with zeehelpline, national consumer helpline, akosha.

Sir, i am having two loan account bearing Nos., [protected] and [protected]. i tried to register the same online with your site and got registered with loan no. [protected] but when i tried to add another one bearing no. [protected] it is saying invalid details with the a/c no. kindly check the same as i have to download the loan repay certificate for the it calculation purpose. T.Kamaraj

My wife had Very serious Dengue fever starting on 19/6/2013 admitted in the nearby Hospital and after six days took it to another hospital for advanced management and admitted in ICU for six days and few days in the ward and discharged. We had a very terrific time there because during the tenure six people died due to dengue fever. Thanks GOD she is alive now. We have submitted a claim from LIC as per policy they have to pay Rs 2500 per day and double amount for those days in ICU. we have paid three installment of 15000 each for the last 3 years. You see now the claim is somewhat equal amount therefore they decided not to give the claim and asking for non relevant document which no hospital will give. We had many other similar incidents before. I can give more details call [protected]. LIC officers are so arrogant in the feeling of government employee and only LIC agent behave politely.

I purchased an LIC 3 months back for my husband and paid ther first installment nearly 2 months back and the advisor told to go for Medical check .

If he gives a Hospital number and I ask the hospital the hospital staffs telling that we do not do Medical check up for LIC.It' constantly going on in continuous basis for past 2 months almost.

I went for few check ups as advised by my insurance advisor and again he is now telling to go for few more tests but not giving me the correct hospital details for those check up.

It's too frustrating.This kind of service from India's Best Insurance company is unbelievable.Please help me out because I need to continue my policy in LIC and if Medical check is not done I can not keep waiting.

Thanks & regards,
Smitirupa Mishra
Mob. No:[protected]

LOAN NO: 3032915//Myself c, subramanian facing harrasement by Mr Ravikumar and Sivasubramanian they both claim that they are the legal heads for lichfl and using all sort of filthy language in recovering the dues of 48000/- for the past 6 months after i lost the job due to recession i find difficult in clearing housing laon dues. and recently i have got a job and going to get my salary on 5/10/2013 .Inspite of all these facts they keep on harrasing me by pasting multicolour DEFAULTER POSTERS and threating that any time they may take possession of my property or bringing some real estate broakers to sell the house. Having i paid 12 years dues intime i request the supreme power of recovery department to approach this issue on humanitarian groungs if they keep doing this i may have to commit SUICIDE to save my hard earned property. MAY I REQUEST TIME TILL 5/10/13 TO CLEAR MOST OD MY ARREARS. PLEASE SUPPORT ME IN THIS REGARD

Dear Sir / Madam,
 

I have LIC policy no[protected]Money plus) of which details are given below.

It’s maturity period has been completed last one & half year. Hence I applied for withdrawal of this policy.

I have handed over all original documents with application letter, cancelled cheque to agent, whose details are given below.

From last one year, I am taking follow up for this transaction & there is no proper response from Agent & also he did not want withdraw it & dilly-dallied till date.

I already fed up with follow ups to agent. So I expect prompt response from LIC.

I’m in urgent need of the money.


So I request cosumer forum to look into this matter urgently.

 
Please note original policy bond statement is with agent.

 
Policy Details: -

Policy Holder Name: - Prabhakar Namdeo Shejwal

Policy No:[protected]

Plan: Money Plus (T. No. 180)

Fund Type; Growth

Servicing Branch: 952


Agent Details: -

Smt. Sant Kumari P. Pande

19590952

Nikhil Height, Flat No 7/8,

Near Sharad Hospital,

Wadgoan Budruk, Pune.

Mobile No.: [protected]

Office No.: [protected]

from lekhraj rao retred headmaster c/o lalitkumar soni opposite old hostle khedawas takhatgarh 306912 post takhatgarh district pali rajasthan.
sss policy no[protected] surrender on 16/8/2018,reminder send on 7/9/2013 with all documents.yet I have not received final surrender payment of policy no[protected].I was govt servant and retired on 31 july 2013. I am unable to continue policy till maturity date. please help and sent my surrender amount in s.b. a/c no [protected] .thanks lekh rajra0 m.n.[protected] and email address.ujjawal.[protected]@gmail.com

Dear Sir,
I have submitted my policy for reassignment along with loan application fully filled up with revenue stamp, axis bank account no., axis bank cancelled cheque & my sign whereever required. documents submitted on 16.09.2013 till i have not got any loan, or not called for any lack of documents.

Please look into this as i have in the need of money.

my mail id is : barkade.[protected]@rediffmail.com

Please send me detail on my mail id or contact me on [protected].

My policy no. :[protected]

Thanks,
Barkade

Sir, I am LIC Policy holder.I went to LIC,Sahebganj Branch on 14.9.13 to give a complain in black and white.Branch Manager was on leave.Personnel ,authorise to receive complain i.e. Mr. Lakara did not receive my complain rahther he refered me to Mr. Jha.Mr Jha after reading the contains of complain asked me to send the complain by post.He did not received the complain rather he misbehaved.At last I send the complain by Speed Post.It is the general attitude of LIC,Sahebganj Branch to harass the customers. So make enquiry into matter and action taken by the authority mus be intimated to me. Yours faithfully, Subhash Chandra Gupta. Policy Nos.-(i[protected],(ii[protected] Dated:21.9.13

Dear Sir, Myself Mr. Mahesh Bhosale, I have taken a Housing Loan from LIC Housing Finance Limited, Kharadi Branch, Pune bearing Loan Account No.[protected]. Currently I am having a Housing Loan of around Rs 2400000/- at the floating Interest of 11%. I have approached the Branch for foreclosure of Housing Loan as I was planning to shift the same loan to SBI / HDFC where interest rates are low but I was told by the Branch Manager Mr. Rajiv that I need to pay a Penalty of 2% as the foreclosure is not from my own source. Recently I have came across the RBI Guideline dated 5th June 2012, bearing reference number RBI/ 2011-12/ 589. DBOD. No. Dir. BC. 107 / 13.03.00/ 2011-12 which says "The Damodaran Committee had observed that foreclosure charges levied by banks on prepayment of home loans were resented upon by home loan borrowers across the board, especially since banks were found to be hesitant in passing on the benefits of lower interest rates to the existing borrowers in a falling interest rate scenario. As such, foreclosure charges are seen as a restrictive practice deterring the borrowers from switching over to cheaper available source. It is felt that the removal of foreclosure charges/prepayment penalty on home loans will lead to a reduction in the discrimination between existing and new borrowers and the competition among banks will result in finer pricing of home loans with the floating rate. Though many banks have, in the recent past, voluntarily abolished the pre-payment penalties on their floating rate home loans, there is a need for ensuring uniformity across the banking system in this regard. Accordingly, it is proposed". Request you to help me in either reducing the interest rates or shift the Loan to other bank with paying this foreclosure amount of Rs. 50000/- approx. Warm Regards Mahesh Bhosale [protected]

I am Rajeev Diwakar and my policy no. is[protected]. Date of maturity is 10.07.2013. I have already submitted the required documents at branch office at Patna in August 2013. NIFT form has also been submitted at the time of maturity of my earlier policy no.[protected] in March/April 2013 in which I requested for NIFT facility of this policy no.[protected] also. Even after repeated request in person at your branch office, I have not received my maturity amount till date. You are therefore requested to kindly give my maturity at the earliest.

I tried to pay my premium online several times using PAy Direct option... Always throws a single Error- "Wrong Data Entered".... Your Register New User link also keeps throwing errors and does not allow us to register ourselves. Can you please explain how it works and how else can I pay my premiums online? I have tried umpteen number of times... I does work. Tried customer care number but no response.

Sir, My Loan Account No. is [protected], date of Loan sanctioned was 04/09/2009, amount was Rs 15,00,000.00 (Fifteen Lacs). Loan was taken for the purpose of purchase of New Bungalow at Renaussance project, Burdwan, W.B.The Cheques were issued in the course of time to the builder as and when demanded by the builder/company in time (total amount was released for Rs.13,80,000.00 by till date-17/09/2013) . The project of my bungalow was completed and the bungalow was finally handed over to me after the registration done on 12/05/2013. The original registration papers of my bungalow were submitted at your office in the month of June 2013. And by the rules the balance amount should be released sooner the deposition of original registration paers. But sorry to say that till date (17/09/2013) the amount is not yet released to my account so far. I have inquired from my Authorised LICHFL agent and he replied me that the balace amount cheque has not yet received from Kolkata Office. I could not understand the cause of delay in getting my balance amount inspite of being paid my EMIs in time so far. And also, I had applied for topup of loan for the purpose of my interior finishing of my Bungalow in the month of June 2013 under my same Loan account No. and again sorry to say that so far there is no response from your end. Please do the needful at your end at earliest so that I can fullfil my financial requirements. Regards, S.S. Tanwar Mob.-[protected] Email [protected]@yahoo.co.in

Sir,
I have two policies- no[protected] and[protected] in plan term 165/20. I had told to my agent that the duration of my Policy should be ten years, but he has made it for 20 years. On being asked why he had done this he replied that it will matter at all and I can claim full benefit after 10 years.
kindly let me know the truth. I would be highly obliged if you could kindly let me know the maturity amount after 10 years. Hoping to here from at the earliest.

Thanking You.
P K Chakraborty
Mail Id pulak.[protected]@yahoo.com
Mobile-[protected]

I am a lic agent .I forget Agent portal password .I putreguest for password in lic india.com branch and division office even there is no responce. I am facing problems to give best service to my policy holders.So kindly help me to resolve this problems. yours fathfully DHIREN KU BEDBAK Agent code-950/480 old password[protected]

Dear Sir, I am writing this mail to you to tell you about our pathetic experience with LIC Housing Finance (Udaipur) for the Loan of our newly purchased flat. We had given preference to LHF over other banks and decided to take the loan from it. Earlier, the staff person was very cooperative. He came to our house myriads of time for documents and timely gave us a call if anything else was required. The details of the loan are as follows: Loan Amount: 2400000/-Rs Rate of interest: 10 % (for Female) (Fixed rate for 3 years and Floating after that) Processing fees: 7500/- Rs Date of submission of all the required documents: 31st August 2013 (All document were submitted and processing check of around 1200 Rs was also given) Well, after this we were told that the loan will be processed easily and we have nothing to worry about. We asked this to him that what if the rates increases in next few days. He answered that you don’t have to worry and your case is valid for whole September even if the rate increases, your case will remain the same. We were happy and thought that our loan would be soon processed without any problem. They started doing their work. Due to some machine problem at their end they could not send our file on time. (This is none of our business) Any explanation for this??? Now, the scene is that a circular came on 4th Sep 2013 regarding the increase in Rate of interest from 10% to 10.35 % but they didn’t bother to tell us about it. The rate was increased, the processing fee was increased and the tenure was decreased from 3 to 2 years. But nobody informed us. On 13th Sep, we called the agent (who was doing our work). He came to our house for taking the agreement to sale. To our shock, the rate of interest in the paper was 10.35% . Till that time also he didn’t bother to inform us. He didn’t even tell us about the increase in processing fee and change in tenure. We only came to know about this from the office when we went there to meet the manager personally. We didn’t go to any other bank and missed their schemes at that time since LHF had given us a better scheme. Now we are in no man’s land. We have no way out. They have increased the rates and other banks too. Now who is going to bear this loss? Due to your poor service and delay in work we are facing such a big loss. This is ridiculous. For a middle class person a difference of[protected] matters a lot. You have left us in midway. WE are deeply shattered by such a behavior. We didn’t expect such a treatment from a big name like LIC Housing Finance. I want an answer. I am not going to leave this matter without any result. We want our compensation for the loss. We are not going to suggest LHF to anybody in our life. I am going to raise this issue everywhere possible. You won’t understand the bas phase from which we are going due to this. This is completely unacceptable. Please revert as soon as possible. Regards, Kusha Soni

DEAR SIR/MADAM, 1.Ref: MY JEEVAN SURABHI POLICY No[protected] DT 10/2/93 UNDER SALARY SAVINGS SCHEME. I AM A BANK EMPLOYEE, WORKING INDIAN BANK, THOTTANI Br. TAMILNADU,Pin 638052. MY EMPLOYER HAS PROMPTLY REMITTED MY MONTHLY LIC PREMIUM OF Rs210/- TO YOUR PERUNDURAI Br. FROM JULY 2012 TO MAY 2013. BUT TO MY DISMAY YOUR BO I KUMBAKONAM.. BRANCH HAS CREDITED Rs3192/ (on 17/6/13) TOWARDS MY SURVIVAL BENEFIT DT. 28/2/13 INSTEAD OF Rs5000/-. EVEN THOUGH I HAVE PAID MY PREMIUM THROUGH MY EMPLOYER (DD) YOUR B O I, KUMBAKONAM Br.Pin 612001 HAS DEDUCTED Rs1470/- TOWARDS UNPAID PREMIUM,Rs128/- INT. ON PREMIUM AND Rs210/- OTHER DEDUCTIONS.. DO YOU FEEL IS IT FAIR ON YOUR COMPANY'S PART YOUR PEOPLE HAVE ALSO CREDITED Rs420/- ON 30/8/13. I COULDN.T GET ANY LETTER/ADVICE FROM THEM. O.K. PLEASE ARRANGE TO PAY THE BALANCE AMOUNT WITH INTEREST IMMEDIATELY. 2..Ref: MY JEEVAN SURABHI POLICY No[protected] DT 10/2/93 UNDER SALARY SAVINGS SCHEME. I HAVE NOT RECEIVED MY VESTED BONUSES AMOUNT PAYABLE ON LIFE ASSURED SURVIVING THE STIPULATED DATE OF MATURITY 10/02/2013.TILL DATE. PLEASE VERIFY AT YOUR PATTUKKOTTAI BRANCH OR KUMBAKONAM BO I.. PLEASE ARRANGE TO CREDIT THE SAME TO MY SB A/c No.[protected] WITH INDIAN BANK, THOTTANI. IF YOU HAVE ALREADY MADE ANY PAYMENT, Pl. INFORM ME THE STATUS ALSO. 3. Ref: MY POLICY No[protected] UNDER SALARY SAVINGS SCHEME. PLEASE INFORM US THE STATUS OF MY ABOVE POLICY. IT MIGHT BE WITH YOUR SANKARI OR PATTUKKOTTAI BrANCH. MY FIRST LIC POLICY BRANCH IS ERODE SOUTH PIN 638001. ON TRANSFER OF MY JOB THE PREMIUM AMOUNT HAD BEEN SENT PERIODICALLY TO YOUR SANKARI Br TILL APRIL/MAY 2008, TILL OCTOBER 2010 TO YOUR PATTUKOOTAI Br, TILL JUNE 2012 TO YOUR B. O. I KUMBAKONAM Br AND TILL MAY2013 TO YOUR PERUNDURAI Br. email ID erk.[protected]@gmail.com THANKING YOU, YOURS TRULY, E R K KULASEKAR

TO;
The Manager
LIC PENSION AND GROUP SCHEMES
JEEVAN PRAKASH
25, K.G. MARG
NEW DELHI.
DEAR SIR
I AM NOT GETTING MY PENSION SINCE 2009 .WE HAVE SENT OUR BANK DETAIL & CANCELLED CHEQUE TWICE. MY ANNUITY NO. 27794.KINDLY SUGGEST .
DHARMENDRA SINGH,655A/4/274. ADIL NAGAR ,LUCKNOW (U.P.)
MAIL TO;-dharmend.[protected]@gmail.com
Mobile [protected]