Life Insurance Corporation of India [LIC] Complaints & Reviews

LIC HFL home loan with file no. [protected] under the names of Anand Kumar and Minakshi Kumari for Rs.33 Lacs was sanctioned by branch Asaf Ali Road vide sanction letter dated 31/05/2012 for purchase of flat "Amrapali Zodiac" from Amrapali Developers which is a FDI funded project from J P Morgan. However, the loan has not been disbursed as yet citing reason of revalidation of project .

In the above connection i would like the authorities to look into the following:

Firstly, If the project was to be revalidated and not approved on the list of LICHFL then the branch should not have accepted my loan application for earning processing fee of Rs.5618/- which is not refundable.

Secondly, the branch should not have asked me to submit the relevant papers for disbursement of the loan which was submitted to them through Mr. Sunil Sharma (DSA) on 12the June 2012.

Lastly, the cheque for upfront fees amounting to Rs.12926/- was also encashed by LICHFL on 23rd June 2012 without disbursement of the loan and is not at par with the of LICHFL Policy.

LICHFL has been disbursing the loans on the aforesaid project till recently. They may be asked to intimate the last date of deadline set by LICHFL for disbursement of loan to Amrapali Zodiac Project. I had already paid an amount of Rs.12 lacs approx to the builder from my own resources after which the loan amount of Rs. 33 lacs is due to builder. The sanctioned letter gets cancelled after 3 months automatically after which i have to apply afresh with the processing charges.

As such it is requested to take due notice of my complaint and suggest action plan.


Thank you,
Anand Kumar
[protected]/[protected]

From: Purnendu Ghosh [mailto:purnendu.[protected]@3i-infotechconsultancy.com]
Sent: 22 August, 2012 5:50 PM
To: 'query.[protected]@corpbank.co.in'; '[protected]@axisbank.com'
Cc: 'ninad.[protected]@lifeinscouncil.org'; '[protected]@akosha.com'; '[protected]@gmail.com'
Subject: LIC cards - Worst Experience

Hi Team,

It’s a worst experience to share with all of you. I planned for apply a GOLD card which meeting eligibility criteria as required by company in brochure but I shocked while visiting office physically at 6th Floor, Jeevan Prakash Building, K.G.Marg, New Delhi. Good to say that I have not wasted more than 15 minutes with the LIC card officials. They simply told being a IT professional we can not provide card in this eligibility criteria, means require much more income slab. It’s also to be mentioned that I visited LIC office after taking each & every updates from customer care taking care of my valued time. My grievance is not that they told me I am not eligible rather why customer care not updated me and why it’s not updated in web.
Anyways I am posting this to all consumer websites that they can be aware of it.





With thanks & regards,
Purnendu Ghosh
IIFL-IBM Project North,
M: +91-[protected]

my account no is[protected] and i want to know the current states of account value

I have invested all my hard earned money of Rs.3.5 lacs in the month of April' 2011 through

two LIC agents

(1) mr. M. Rahimsab
LIC agent (agent code no. 0135565c)
s/O mahaboobsab
rtd. Postman
h.No. 18/820-j2, tilak nagar
guntakal - 515801
mobile nos. [protected], [protected].

(2) mr. D.S. Hari krishna,
LIC agent
s/O satyanarayana
(laadu bandi)
h.No. 5/82, jonnagiri (post)
tuggali (mandal)
kurnool (dist.)
Mobile nos. [protected], [protected], [protected]
landline no.[protected]

in preference shares of Trillions India Distributors Ltd. Ernakulam, KERALA with monthly returns,

believing the words and commitment of these LIC agents and expecting that it will help for my children career.

The above LIC agents have send the amount through rtgs (sbinh [protected]) from state bank of india to trillions india distributors ltd a/C no.[protected], ing vysa bank, ernakulam.

After a month I could not get any returns nor the preference share certificates, when I enquired, the LIC agents has given me a partial preference share certificates and when I asked for the rest of the certificates and monthly returns. They said that you will get in few days and has dragged the issue till date.

Till date I have not recieved any amount nor the preference share certificates and now I understand the I was cheated and these agents are working as brokers for many money circulation comapnies for their benefits and getting high commissions and cheating the innocent public.

Hence I request the authorities to advise and help me to get back my hard earned money.

And also request the authorities to save the innocent public from the cheating agents.

I have Submitted all my housing loan Document through D.S Estate Agent through Vinay [protected] located at Seven Square Academy Building Ramdev Park Mira Road which in turn has given my Loan Document to Gaurav Gandhi [protected] of Aleya Loans who got my Housing Loan approved from Jogeshwari Branch. They have not yet given my presanctioned letter and are asking for 1 Percent commision. We didn't had any such deal before.


I am working with Zee Learn Ltd and I want you to find a way out.My name is PremPrakash Shukla [protected]

TO

LIC OF INDIA
972 BRANCH
NAGPUR

I undersign Mr. Arun Kisandas Bagde policy holder of LIC of india, Nagpur vide policy no. is[protected]. My last ECS done on 16.4.2012 Rs. 2042 & Rest month not done ECS till date that is May,june,july,Agugust, my icici bank civil line branch nagpur, sufficient ballance for this

now LIC want extra cd charges charges for 4 month, i dont know what is happening , please way-off my extra charges & smoothly continew my policy

Thnx
Arun kisandas Bagde
(m) +91-[protected]

pls mail - [protected]@ketan.jaika.com / [protected]@rediffmail.com

Hi Sir/Madam

I hold LIC Jeevan Dhara policy (Policy No.[protected] .

LIC 982 branch of Aurangabad have Mortgaged Jeevan Dhara policy for Education Loan of Son.

All of a sudden LIC have stopped making payments with no intimation. When asked for an explanation they are saying that Jeevan Dhara policy cannot be mortgage and hence you need to get release the mortgaged policy from Bank and then only they will release the amount.

I have a question here if it was not allowed to mortgage the policy then how the LIC authority has sanctioned the mortgage with bank. As being a Senior Citizen we heavily depend on the pension and as they have stopped the paying amount it is creating problem for me.

Kindly look into the above problem and let me know if anything is required from my side.

You can contact me on [protected]

Thanks in Advance.

Dhananjay Bodhankar

Dear Sir,

I have a lic's future plus policy vide no.[protected] and issued from city branch no. 3 under KMDO-1 but due system breakdown I have been wandering for my redemption since from 07.05.2011.

It is also funny thing that the branch office and the divisional office several times confirm to the Zonal manager but after that the said Eastern Zonal Manager and their CRM section is yet harassing to me and unable to arrange my redemption cheque as on 07.05.2011.

Please investigate it and do the needful against such intentional harassment.

Kindly acknowledge it and arrange for my payment as on 07.05.2011.

Thanking you,
Yours faithfully,
Gobinda Dhara

Hello,

For the year 2012-13 I have not recd the yearly cheque which was due in May -12.

Annuity No is 011M[protected]

Name : Alpesh Purohit

B-28 Satyanarayan Township , Part -2

TP-13, Chhani Jakat Naka , Vadodara

Gujarat

PIN 390002

Kindly help me to get my annuity cheques on the mentioned address

Not sure if the complaint is heard on this forum, but expressing my frustration for others to be aware of. I did a big mistake in taking home loan from LIC Housing Finance. The blunt of Govt organization trials. I have had problems from the beginning. There was a mistake in the sanction letter, to get that corrected, I had sent about 50 mails from branch office to the head office, couriered hard copy, called them several times, after several times of walking into the office, I finally got the Sanction letter corrected. If these were not enough, there was undue delay in disbursing loan amount; since I was constructing my house the loan amount was released in installments as the construction progressed, I had a tough time everytime I had to get the money from them, it was literally begging these scoundrels as if they were doing me a favour. If all these were not enough, the last check had my initial changed and the cheque did not pass. To get a replacement of the cheque was another night mare. The journey hasn't even passed 10%, I have the problem with these guys calculating EMI incorrectly and charging some "Addl charges" every month. I dont know what that is for? Just to get the EMI calculation clarified, I had sent about 25 mails, called them few times, sent mail to the Regional Head Office Chief. Actually I should not blame any of the low level staffs because the top managing the Regional Head Office at Bangalore is itself is a useless and unprofessional. There hasnt been a single response from him itself, how will his staffs work.
I dont know who to approach, is there a Ombudsman forum for LIC HFL or should I approach consumer court or an RTI.

lic/ jeevan Annand
Location: Barheta, Jehanabad, Bihar, India

Sunil Bhim Sharma on Dec 14, 2011

death claim release immediately
Respected Sir,

I am Bhim Sharma(nominee) my Bife name- Late Smt. Chinta Devi (policy holder). My Bife has expired on 24/11/2010. He had the Policy no.[protected] Branch - 517. policy amt. 100000.
mein bahut bar lic office me chakkar laga lagakar preshan ho gaya hun. but koi response nahi mil raha hai. death ka 1 years ho gaya hai. mein sabhi documents agent ko diya tha but woh mujhe gumrah kar raha hai. and preshan kiya ja raha hai. Hamare father bhi Exp. ho gaye hai .
please take hard action in this matter. policy agent and lic office ke staff kafi preshan kiya hai iske against hard action liya jay. policy agent no.[protected] agent Name :- Manorama Devi Pandey



I will be very much greatfull to you if you release the amount immediately

POLICY NUMBER[protected]
POLICY HOLDER NAME- LATE SMT. CHINTA DEVI
HUSBEND NAME – SHREE BHIM SHARMA-NONINEE
.ADDRESS- VILLAGE+ POST.- BARHETA, DIST. JEHANABAD, BIHAR
MOBILE NUMBER - [protected] (BHIM SHARMA) [protected] SUNIL SHARMA

Thanking You
Yours Faithfully

BHIM SHARMA -NONINEE
AJAY SHARMA & SUNIL SHARMA

death claim release immediately

DEAR SIR,
I am having very bitter experience with LIC money back policy No.[protected].The money back payment should be received before 20.2.2011 but as usual it wasnt.When i enquired repeatedly the answer was no and arrogancy and insulting treatment of branch officers.Finaly i registered case CC/11/340 in May 2011 with Hon consumer court kolhapur.The proceedings were conducted and finally LIC is ordered by Court Order dated 09.05.2012to pay Rs 4000/- to customer for gross negliences in duties.I hope that this step will improve the repayment services of LIC and the will turned towards online money transfer like NEFT/RTGS/ECS as per latest resolution of RBI in Sept 2012.Also i request to suffering customers to file cases wherever it is necessary against neglient behaviour and non professional/unfare trade practices/arrogancy of staff of LIC.

R/Sir,

My LIC Policies No.[protected],[protected],[protected],[protected],[protected],[protected],[prot...⇄
[protected],[protected],[protected],[protected] are inforce at LIC, Hadapsar Branch No. 95M. I have given application for change in address for two times in the concerned branch. I have met Branch Manager for this purpose, but I did not got any response till today. Kindly help for the same. My e-mail id is : vijaybhise.[protected]@gmail.com

My new address is as follows:
Mr. Bhise Vijay Jaysing,
D-1, 103, Jasminium,
Magarpatta City,
Hadapsar, Pune-13.

Dear Sir,I am agent Seema Bajpai in District Branch Lucknow code 7179225. I have taken a ULIP (Money Plus)Policy in the name of my minor son Aakarshan Bajpai.In May 2011 I had surrendered the policy as I needed the money for my son studies.but I was told that the amount has been encashed by me then I asked in accounts to Mr.Shukla he said there is no register so he cant help where the amount is? Then I asked Mr.Sanjay Chatterjee AAO(PROG) he assured that he'll find out then after talking to the head office he told me thats its true that it has been encashed.Then I had no choice except going to the AXIS BANK HEWETT ROAD where LIC was keeping its account. Then I requested the Bank Manager and told him everything so he confirmed with Mr.Sinha then he told me that this cheque was encashed by LIC itself but in the other account the A/C No is [protected] credited on 3.6.2011.(The copy from the bank is with me can be showed when required).Then Iasked Miss Nidhi Singh head of PHS department and told the whole matter she asked for the application and the NEFT form with the cancelled cheque leaf so that the amoun t can be transferred but again when the amount was not received I asked her then she told me that the amoun t has been adjusted in new business then I asked her who gave the authority to LIC then she said that the register in which these details were there is now missing in accounts department and the person who can tell about it i.e. Mr.Shukla accounts head has been transferred so she cannot trace the case. Now the thing is if my son is minorand I was not able to collect the cheque then LIC would have intimated at my residential address if not then they can keep the amount till the time I would have asked for it, but they encashed and also used without my permission and now refusing to give my account please check the whole matter the details are[protected] Money Plus ,Aakarshan Bajpai,amount 47052/,chq No- 0236482 dated 13.5.2011 voucher 2807 dated 13.5.2011. depositedin LIC account AXIS BANK A/C No [protected] Hewett Road Branch. on 3.6.2011Bajpai when I am divorced and in the form when I have mentioned my name in Proposer then how come it changed into his name Please see.
There is one more case my agency was terminated in in 2010 in August so the bonus was given to me and Mr Ansari took the cheque of Rs.6512 saying that this amount was given to me by mistake but when i reinstated my agency then this amunt should be given to me but they have not given the amount of Rs.6512 yet. Now I am a lady and being harrased by this branch. Please see as all Forgery is done here everyone knows but nobody helps here.
Thanx,
Seema Bajpai

Sir, I took policy No.[protected] of Rs. 2.55Lakhs on July 24, 2003 under which annual pension of Rs. 24000 is to be credited to my S/B Acct No.[protected] every August 1,till my life and later the principal amount is to be given to nominee.This year's pension due on July 1,2012 has not been so far credited to my account. I have issued post dated cheques to my creditors and delay in payment of pension by LIC India will embarass me.Kindly look into this and help.As per the system the amount is electronically transmitted and there should not be delay of even a day.AP Srivastava

SIR,
MAINE LIC MAI BIMA KARWAYA THA , KUCHH DINO TAK RUPAIYE JAMA KIYE THE UNAKI RASEED TURNT DETA THA, LEKIN 1,SAL SE MAI NE RUPAIYE JAMA KIYE HAI LEKIN RASID ABHITAK NAHI DEE HAI, AUR ABHI MALUM NAHI KI RUPAIYE JAMA KIYE HAI KI NAHI, KRIPYA AAP MERI HELP KARE,
THANKYOU AKHILESH SINGH

Dear sir
MY NAME: ALLURI SUBBARAJU
MY LICHFL LOAN ACCOUNT NO[protected] AND APPLICATION NO ---- 303548
AND MONTHLY PAYMENT Rs 8746/-
I HAVE TAKEN LICHFL LOAN FOR MY NIZAMPET ROAD HOUSE
FLAT NO 502 , USHODAYA RESIDENCE , NEAR BHASKAR MODEL SCHOOL , NIZAMPET ROAD ,KUKATPALLY ,HYDERABAD-500072
PLEASE SEND AS ON TODAY LOAN BALANCE AMOUNT

THANKING YOU SIR
SUBBARAJU ALLURI

I HAVE TAKEN A LOAN FOR RS 30.00 LAKHS AND I REQUIRE LOAN REPAYMENT CERTIFICATE FOR THE YEAR[protected] FOR IT PURPOSE.KINDLY SEND IT TO THE BELOW MENTIONED EMAIL ID.

ACCOUNT NUMBER:[protected]
NAME :HARIKRISHNAN V A
PLACE :CHENNAI
EMAIL ID :harish.[protected]@yahoo.co.in

1. I had taken a LIC policy in 2004 (policy No[protected]. The premium date is 08 July. I am supposed to get my 4 yearly money back of about 20,000/- plus amount on 08 July 2012. However, i have not yet got the same. i was waiting for the same to pay my yearly premium of Rs. 9398/-. But, the company has not yet responded to my queries. My personal details are given below :-
Name : Patrick Porthur Nicholas
Policy No :[protected]
Mobile No : [protected]
Yearly Premium date : 08 July

2. Please forward the check on my address below :-
Mr. Patrick PN
No 18/1, Nicholas's Nest
2nd Cross, Chavara Church Road
Ejipura, Viveknagar - PO
Bangalore - 560047

Describe of complete Pre-Payment of my Home loan LIC Housing Finance is not returning my House Registry papers. Everytime I visit their office they just say "We will provide you in 15 days" and when I again visit them in 15 days I get same answer. They give some lame excuse that it is to be dispatched from Lucknow. It has been over 7 months I have been troubled endlessly.

I have also escalated to their senior management but no use. I am a senior citizen and not in a position to tolerate this kind of behavior from LIC HF employees. Due to this I am not able to sell my House and I have already lost some good deals.