Life Insurance Corporation of India [LIC] Complaints & Reviews

From :

S.M Jolad

C/o MD Jolad,Plot No. 49-B, PARANJYOTI,

Keshav Nagar Main Road,

Malamaddi,

Dharwad, Pin Code: 580 007

Karnataka State

Mobile No. :[protected] /[protected]

To,

The Divisional Manager,The LIC of India, Div. Office I, Jeevan Prakash
Pension & Group Schemes Unit Department, ANNUITY Section, 6th & 7th Floor,
25 K.G Marg,NEW DELHI- 110 001

Dear Sir/M'am,
Sub.: Non receipt of Cheque Payment for Rs.9,564/- against Annuity No.48232 vide Policy No. 311218 in June/July 2012

With reference to above subject matter, I ,S.M Jolad, had written to you ,Sir, on 18th July, 2012 and till date I have not received any response from your office. I AM NOT SURE IF my letter sent to your E-MAIL ID [protected]@licindia.com is REACHING YOU OR NOT.

Once again I would like to kindly request you to look into the matter and help release yearly annuity Payment of Rs.9,564/- due to me.I had also written to you another letter in the 1st week of July, 2012 with regard to the said matter as cited above. But, again, Sir, till date, I have neither received your A/c payee Cheque to my above address Nor ECS payment in my below mentioned registered Corporation Bank in Dharwad.
My Bank Details :



Corporation Bank,

(A Govt of India Enterprises)

Dharwad Main Branch (0026),

P.B Road, Dharwad City, Dharwad-580 001

Karnataka State.



9-Digit Code No. Of bank as MICR :[protected]

IFSC ; CORP0000026
My Saving Bank Account No. 19585

Please take a note of above details and request you to arrange to send above non-receipted Cheque of annuity on urgent basis. In case ECS facility not available/not possible with my above bank due to some reasons, kindly send A/c Payee Cheque in my favour for Rs.9,564/- which is due in June/July 2012 ON HIGHLY URGENT BASIS under intimation to me at the earliest Sir.



Many Thanks to you Sir in advance...

Please address this issue soon as already one more year is passed now without receiving the ANNUITY payment .

Please acknowledge this Complaint by sending your response to My Mail ID : [protected]@gmail.com


Yours Sincerely,

S.M.Jolad
M:[protected]

I have a Home loan account # [protected] which I took from LICHFL in Feb 2010 for fixed rate of 9.25% for three years.

I have just been come to know that my ROI has been revised by the Bank from 9.25% to 11.90 % and the installment has been increased from 2500 rs and not only this they have increased the time span of the loan from 20 years to 24 years.
I visited the branch on 15th April 2013 and spoke to the authorities concerned but they are not ready to listen, they say nothing can be done. I am failing to understand how come the floating rate be 11.90 % this is not as per the market. Even the market rate is not more than 10.50 %.

With this I am going ahead to make a complaint to the RBI banking ombudsman officer.

I would like the authorities concerned to get back to me and sort out the issue else i am going to seek the legal help and sue the bank and seek legal help from the regulators.

sir most request fully i beg to state that my policy no is[protected] .i have subbmited all docoments in branch office aurangabad 517 bihar date on 03/01/2013 but the lic branch have not change of old nomnee (usha devi) new nomnee-nibha kumari
i want to change to nomnee & add to new nomnee nibha kumari in this my policy
your faithfully- amit kumar sinha policy no[protected]
s/o dul dul prasad
vill-keshopur
post-son nagar
ps-barun
dist-aurangabad bihar
pin-824112

sir i have done a transaction of my lic policy premium of Rs 16015 through net banking of sbi account [protected] on 13/04/13.transaction id was IGH6532945 sir money is deducted from my account but lic is showing that policy is not deposited.kindly help.
mobile number [protected]
mail id [protected]@rediffmail.com

I have availed a housing loan from LIC HFL 04/2010 at 8.9% and the EMI charged was INR 23932.00. I have not defaulted any EMIs till date. In the month of April 2013 I have seen that LIC HFL has not taken the EMI from my ICICI bank. I did cross check this with LIC HFL and the officials confirmed that the EMI was withdrawn from ICICI as they tried to withdary INR 26904.00 as they have raised the interest rate from 8.9 to 11.9 %. I was not even intimated in this regard.
Further more they are offering New loans at 9.9 % and the existing customers are being charged 11.9%.
I dont understand this logic, why are the existing customers being treated like this?? Is it that we are being punished for taking a loan from LIC HFL??
Can all o[censored]s join together and fight this case in the Honorable High Court for Justice.

Sir,
I the undersigned, a proposer of lic’s health plus policy to me and my family

Members has decided to surrender the policy under stern financial crisis.

However, due to non –assistance and some anomaly, i have been unable to

Surrender under the below mentioned facts:-



I have informed while signing over as proposer to avail plan 901 of
Health plus policy as the caption of from no. H1/ppl/1 suggests.
But column d of additional particulars for consideration of the proposal
Has endorsed plan 902, which is not in correlation of form.

While surrendering the policy , i am informed that plan 901 can be surrendered but plan 902 cannot, in case of my consent and the
Form’s title. I was assured of plan 901 in my case which should be
Considered but unfortunately my policy bond has endorsed of plan902.

However, there is neither in plan 901 or plan 902 , it is clearly mentioned that the policy cannot be surrendered either.
Lic agent mr. Bijoy kr. Mazumder agent code 26470412, who approached to me had convinced that this policy can be surrendered after a period of 3 years of regular payment.


Finally, when headed to surrender the lic policy policy no.[protected],proposal no. 11242,branch c.B.O 5,branch code 416 ,they admitted my surrender and forwarded to the concerned office. Later on, i was informed that surrender error is there while log in and i am astonished neither at the beginning of signing as proposer nor when i approached to surrender at the branch office, any one hints me its non-surrendering facts.



Therefore, i think that i was kept in darkness from the very beginning and i request your good office to consider my grievances and redress its having enabled me to surrender the policy health protection plus---policy no. [protected]



--
Soumya bhandari

This is with reference to my LIC Jeevan Anand Policy No.[protected] Dated 28/12/2008, I had to stop paying its premiums as I lost my job in the year 2009 due to recession period and was jobless for a very long time.I had paid my premiums for three quarters for a total sum of Rs.45558, I asked my agent to close the policy as I am unable to pay my premiums but was told that I cant close the policy before three years and to start it again I have to pay all the premiums with interest which was very huge amount which I cant bear it, I want to start my policy and by modifying it to smaller amount comparatively less premium.
Please guide me if it can happen that my policy can be started again by modifying my policy premium amount from Rs.60,744 and to Rs.12000.
My premium amount Rs.45558 is with LIC which I had paid.Can it be adjusted by modifying the policy from 60,744 annual premium to Rs.12,000
Looking forward for a solution to my problem.

Thanks & Regards
Vilas Sonekar

respected zonal manager
LIC Of India
Zonal Office
Delhi

Sir,

I want to remanber you about my husband's death claim..
I have sent you a file as an appeale. and u get it on feb 14, 2013
And After it i have called you at described tetephone at zonal office.
at telephone, someone told me that .........the zone office is in prossiss and and the
" Zonal Office Claim Review Commity will take action within 30 days ............
and as soon as i will get all information through divisional office.

But....
it till now (after one month).......i have nothing any information about my husband's death claim.....
sir,
i m only a mature person in my family and this case is pending since one year.......
i m vary puzzled mantally ......but i get not any result about this........

sir i allready told you that my hsband was fit and healthy and and no ony information is hidden in this case.
at least i have submitted all the doccuments about this claim,

I want to request you to take a fair and quick action at this case.

And please send me information that what is going with this death claim case...

and other side my husbant was policy holder of SBI life insurence........and SBI life insurance have claimed me all the amout as norms science 3 months ago.......but till now LIC dont take any acction at this site......therefore my husband was a well know polyciholder for LIC of india, and he was custmer of lice since 10-12 years.

thanks


Mrs jaya hada wd/o shri bheem singh hada

Annuity no 023H[protected]
I have not received pension cheques for last 1years in spite of sending existence certificate thru registered post.
Regards
Ravindra Pateria
[protected]...

Hi,
I have taken home loan from LICHFL and they have issued the cheque directly in favor of builder Nirala Infratech after one week Nirala inform me that cheque issued by LICHFL has been bounce due to signature mismatch, then may times I called to LICHFL regarding the status of this cheque but they did not reply, now the builder is charging interest on me then who will pay that interest.

Dear Sir
I had made a LIC Premium payment on line by my debit card of Rs.6991.
The payment was made to LIC OF INDIA-LICPGI_MICI[protected].
Pyment Id[protected].
My ICICI Bank statement is showing payment successful but I haven't recieved the confirmation from my Company LIC.
Pl treat this matter urgent and solve the problem.
Regards
Sanjay Sapra
emai [protected]@hotmail.com.

sir
i have taken home loan for construction of my on ladhot road rohtak in aug.2009 rs.5lkh for 10 yrs.the inst.rate was 8.75 and my inst.6200/m.now the inst.rate rose to 11.9 and monthly instal.is still 6200.i want to transfer my home loan to SBI @9.95.i have put up my papers to SBI .as per instruction of RBI they need list of documents kepy with LIC and status of my home loan which LIC refused to provide me.i have written them several time by mail and given in writing to area off.rohtak but around 20 days passed there is no response from them. my home loan acc.with LIC is 15060327.pls guide what to do .will i get the money back which i have to pay as a result of LIC delaying my home loan
pawan
[protected]
[protected]

Dear Sir,

I had taken a home loan from LIC HFL (Gurgaon Branch) 1 year back. Total loan of 30,00,000 at floating Rate of 10.8%.

In the past 1 year, interest rates have come down by 1%. But my floating rate of interest has not moved.

LIC HFL says they will not reduce Rate of Interest of its existing customers. Reduced interest rates are only for new customers.

Then whats the meaning...

Examination in Life Insurance
URN No LICI[protected]
Registration Number I-131102L0367767

and we send the dd of rs.250/- but we are not able to see my licence no. Kindly send the licence no

head office of lic
delhi, india
or
(lokpal of bima )
sir,
my lic insurance policy has completed matured. but one month has passed and i have not got my mature money. all document have been sent by me on 5 feb 2013 but till now no information about my maturd policy money, whenever i call to the lic ajmer office then no one give me satisfied reply about my money. i also sent my account no and ifs code of...

Deducting wrongly higher rate of interest rate to my loan account number [protected]​7.

Rama Krishna Mudumbai <krishna.[protected]@gmail.com>

Mar 5

to lichousing

To

The chairman,

LIC housing finance limited,

Corporate office,mumbai.

Respected sir,

I Mudumbai ramakrishnamacharyulu bearing housing loan account number [protected] took loan an amount of Rs.12 lakhs on date[protected] with LIC housing finance limited kakinada,East godavari district,Andhra pradesh with a rate of interest 8.25% for a newly constructed flat D.NO:46-12-3/31, APARTMENT NO:T2, MGK TOWERS, CHURCH SQUARE CENTRE,JAGANNAICK PUR, KAKINADA ,PIN:533002.Your self deducted with an interest rate from me as given below.

upto May[protected].25%

upto August[protected].5%

upto November[protected].75%

at present deducting-----14.15% rate of interest.

My flat is a newly constructed flat directly purchased from the builder.It is not under mortguage.I complainted so many times to the Kakinada branch manager about cutting of higher rate of interest wrongly.They are telling that this issue we are keeping in our LIC housing finance portal somany times but we are not getting response from the chairman office.I vexed with your services to correct my loan account problem. I request you to please consider my e-mail as complaint and rectify the problem as soon as possible and also repay to me back what ever the excess amount your self deducted from me as interest.

Thanking you sir.
yours faithfully,
M.R.K.Acharyulu,
cell no:[protected].

बारे ही दुःख के साथ मुझे शिकायत करना पर रहा है की, मैंने lic से एक
पालिसी लिया l जिसके बारे में आपके एजेंट ने बताया की -आपको प्रत्येक साल
१२००० रूपये मात्र देने होंगे. 15 साल तक आपको मानी बैक मिलेगा l
रूपये देने के कुछ दिन बाद ओ मुझे चार पालिसी रसीद दिया और कहा की मुझे
32000 लगभग और देने होंगे l
इससे मैं स्तब्ध हो गया l मैंने कहा की तो फिर मुझे पालिसी नहीं लेनी
आपके एजेंट ने कहा की अब आपकी पालिसी रद्द नहीं हो सकती l आपको 32000
देने ही होंगे l पालिसी का विवरण निम्न है--

1.[protected] date 23-3-13 premium amt-2390
2.[protected] date 23-3-13 premium amt-3236
3.[protected] date 23-3-13 premium amt-2725
4.[protected] date 23-3-13 premium amt-3745
मुझे धोखे में रख कर मुझसे पालिसी लिया गया l मै इस पालिसी से पुर्णतः
असंतुष्ट हूँ l अतः आपसे नम्र निवेदन है की कृपया मेरे पालिसी को रद्द
करवाने की कृपा की जाय तथा मेरा पैसा वापस दिलवाने की कृपा की जाय l
विश्वास भाजिका
वर्षा रानी
पति -अखिलेश कुमार चौधरी
ग्राम+पो -निर्मली
वार्ड नं-10
जिला -सुपौल
847452

agent login & password
dear sir,
i am a lic agent
i have requested many times for agent log in id &password.
But i haven't received it till today.
so please send me my log in id & password at my mail id given below.
Agent code 2894165
D.O. code 14017
Branch panipat 1
mail id : [protected]@yahoo.com
mobile no. [protected]

Hi Sir

Me having a health insurance Policy named LIC's Helath Protection Plus Plan, which i have signed in the year Dec 2010,
recently I have claimed with LIC for 34000/- since i was hospitalized in the Month Feb 2013 for a Minor Surgery,

As per LIC terms and condition i submitted all required documents also, but now they have release only 6600/- as final settlement for my claim, the reason they have given the surgery which i had gone through was not comes under the coverage, but not at the time of signing and as well as in the policy documents they have not mentioned which and all surgery will get the insurance coverage,

My Policy #[protected]

and claim # H039/[protected]

I tried to contact their Kayamkulam office as well as Trivandrum office ( through customer care center) I am not getting any proper response
so requesting to advice on same

Dear Sir,

I have one money back policy of Lic of india from sultanpur district.Policy number is[protected] table 124-15.Sir my first money back installment 75000.00 rupees is not received till date(this installment due on 07.06.2006).after marriage this policy was transferd to LIC first branch(branch no.-229).I have submitted all documents at sultanpur branch.sir we have send and register many complain to sultanpur and raebareli branch.
But i have no answer.
so, sir please submit my case on priority bases.i am very thankfull to you.

Dr.Omika chauhan
[protected]