Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir

We have applied for the Home loan last year in LIC HOusing Finance Ltd, Ajronda Branch, Faridabad ( Haryana). Mr. Rajeev Mandal is handling all the formalities and from March 2012 he has told us that our home loan has been passed and we have paid expenses cheque against loan and EMI of the loan but till the date we have not got any cheque of loan and any satisfactory response from Mr. Mandal.


You are requested to do the necessary actions for this

Rakhi Suneja
Faridabad

Hi , I am just sharing my bad experiences with LIC HFL- Tristar building, coimbatore. This is totally about the mishandling of post dated cheques and unexpected fines to the customer from them. I have taken loan from LIC -Coimbatore, I was paying my dues properly through the post dated cheques. But once I was out of station for 3 months and i have already issued the required cheque leaves to LIC -coimbatore . Suddenly one day they have sent letter that I need to pay the fine without any proper reason. My father went to their office inorder to know the reason. The bad situation is nobody responds there properly.Its a typical Govt office like situation, my father who is an aged man was helpless and just paid the fine inorder to avoid further any consequences. Really painful situation where they wont let you any intimation about the cheques availability or anything related to your loans. Simply they would collect the fine. One day when i was present there inorder to ask the LIC people about the ECS option from my salaried account Bank , the same thing there was huge que waiting and am in the que the man who was handling the customer couldnt spare me even 5 minutes.He just gave me a form and asked me to get the forms filled from my bank from where the ECS would occur. I came back home with more dissapointment. To my surpise again they havent deducted my due for the current month. Definitely am sure that they may come back again with the fine to me. I am helpless now. since there is no way to get the exact reason for this. If anybody have any suggestion in this regard will be helpful. please post the same here.

I AM NOT RECIEVED MY PRAN NUMBER

NAME = SUNDAR LAL KUMHAR

FATHER'S NAME = RAMESHWAR PRASAD

AGENT CODE = 11114 - 19C

DATE OF BIRTH = 01 JULY 1979

MOBILE = [protected]

R/sir,
I obtained a Loan against my Policy No.[protected] and Partly repayment make on dated 22.3.12 of Rs.25000/- with intrest of Rs.694/- but unfortunaltely sign differ cheque is dishonour and LIC,Churu write letter dated 27.3.2012 and same dispatched on dated 27.4.2012 those applicant received on dated 5.5.2012 then come in my knowledge. Applicant deposited on same day but intrest collect from me Rs.2774/-(including Bank charges 173/-) Unnecessary delay from LIC,churu . AND LIC imposed Unnecessary Interest. Please inquired the matter and do need ful action. and those are applicable give the relief to applicant.

ANNUITY 102617
My Brother Mr. Ganesa Gopalan has expired on 02/11/2010 and requested LIC PGS to let me know the amount refundable by Bank to LIC about excess pension credited but they are not responding with the Calculation hence raising the complaint and would request you to take up the matter and do the needful so that the amount can be refunded at the earliest. LIC BO 103 New Delhi is the annuity seller.

Hope to receive your valued co-operation at the earliest.

Thanks
GANESA NARAYANAN

Dear Sir

I have paid LIC premium on 11-Jan-11 using SBI Net Banking over online. The details of the transactions are as below.

LIC Policy Number :[protected]
Transaction Amount : Rs 1002/-
Transaction Date : 11-Jan-2011
SBI A/c No. (from which transaction was made) :[protected]
Biller Name : LIC
Transaction Reference Number : IB04668307
Payment Status : Shown as Success in SBI website
Payment Status: LIC site does not acknowledge the receipt of above premium

Till today (04-may-12), the LIC has not acknowledge the receipt of the premium amount.

I request for the status of the transaction made as per the details.

Badari

dear sir,
I rajesh b kurhade bearing policy no[protected] and my e mail id is [protected]@yahoo.com would like to complaint against the lic of india.
i have already paid my premium on date that is in the month of jan 2012 and again i went to pay the premium in march i was told to pay the dec premium again with the penalty of Rs 44/-.
i went to the camp office i was told that i will have to go to the hadapsar office after my req they told me that the system was not updated and we will update and let u know but uptil now nothing has been heard from the office about my premium and the penalty.
i would like to complaint that why they need 3 months to update and why the system not been processing my a/c and giving me the clearance of the above matter.

I applied for a loan from LICHFL limited (Pitam Pura branch) last week of Feb or first week of march. My loan papers were collected by Mr Rajesh Joshi and he said he is an employee of LICHFL. (after sometime I got to know that he is an independent loan broker and not an employee). I have given him all my papers for the processing and he promised me that it will take 10 to 15 days in processing. After a few days , he called me that he need more documents, which I gave him immediately. He also taken a cheque of RS. 1103/- (cheque number 0509320) for file charges. Then he called me after some days and told me that my loan file OK and I need to pay the hole processing charges of RS. 10000 /- (cheque number 0509321 ). I gave him the cheque and it got cleared as well. Then when I followed him about the cheque to the builder he avoided my calls and did not give me positive answer . He was not taking my calls and the money was already gone from my back accounts. He called me up one day and asked for a few more documents.

I want to know when the loan was approved , why do we need more documents. I also asked for Rs. 3,500/- over and above the LICHFL changes for his SPECIAL services which I paid to him at the starting itself. After a lot of time when the disbursement did not happen , I went to LICHFL office for cancellation of my loan processing as I was in a hurry as I had to go out of India.

I was even more surprised or shocked to hear from the branch manager that Mr Joshi is not LICHFL employee and he has not forwarded my emails and papers to LIC for disbursement.

I am extremely dissatisfied by the behaviour of Mr. Joshi and it is because of him I cancelled my loan processing despite of paying the full processing fee.

Therefore , I request you to please refund my processing fee. Attached is the my bank statement attached for your reference.

I also urge you to please instruct Mr. Joshi some customer responsiveness as Everybody is in business because of customers. I was planning to refer LICHFL to all my friends but really disappointed by the services.

Requesting you again to refund the processing fee for my case.

Best regards

Atul Luthra
335 Jagriti Enclave
Delhi 110092.
Phone – [protected].
Please note I currently not in India and can be reached at +[protected]

I am holding an annuity pension policy no.[protected]. I was receiving 12 advance cheques annually during march every year. But last year, i.e. from April 2011, till day I have not received the cheques. My address is

G K Garuda Prasad
Flat 005, # 27, Poorna Palace
12th A Cross, 2nd Main
3rd Phase, J P Nagar
Bangalore 560078

Ph: [protected]

Thanks

Hi ,

I have taken the Housing Loan from LIC HFL in Hyd , 20 Lakhs in 2007

I am trying to access the details of loan account through online its saying loan account already registered.
But i did not register at all. if i request for forgot password and username its saying not registerd email.

No option to enter into website and check my details

New Loan Number is [protected]
Pls help me out in this issue.

sir
myself madhav sampat wasnik i purchased a insurance plan in e.c.s. mode under your division. but premeum did not deducted thru my account
after all its come to know that it was problem from your division. but mrs. khushlani misbehave & misgaid to me .
i request that please help to mrs khuslani that how should she behave with claint.
your faith fully
madhav sampat wasnik
[protected]

Dear sir,

Last 2 Months back I have applied for the Personal Loan & submitted all the required documents, After the loan sanctioned they have asked me for some more documents & I have submitted as they asked for me.

But still now they have not given me a check after regular follow-up to them, Either they are telling will do in 2 days, & these 2 days are not finishing from last one & half month,

They are telling some thing about the OD file that have not come from the Head Office, So I Tried to ask to the Pune Head office but no one is picking the phone or the phone is engaged at every time.

Please Help in this regards

If I don't get the loan with in 2 days I may loss many things

Regards

Respected Sr. Branch Manager

LIC Of India,
IPP Cell Western Zonal Office
Yogakshema, Ground floor, west wing,
J.B.Marg, Mumbai – 400021
Fax – 022 – 22020361

I G.B.Rana is the holder of policy number[protected]. I have not received dividend warrents of varistha Pension Bima Yojana since 1/4/2012. Please send 12 cheques for the year[protected].Life existence certificate has been...

Dear Sir/ Madam,
I have applied to LIC HFL Gurgoan, Branch but till date lic hfl not sanction house loan or not return back my cheque No.581022,P.N.B.,MOTI CHOWK, SHAHJAHANPUR, U.P., payment Rs.-5515.00/ which was deducted ON DATED 10/12/2009 by lic hfl gurgoan branch.please help me in this regards,
Thanks,
REGARD'S

SUNIL DUTT YADAV

MOB. [protected]
MAIL ID :[protected]@yahoo.co.in
MY cheque no.-581022, dated 10/12/2009
Amount Rs.5515.00/,
P.N.B.MOTI CHOWK SHAHJAHANPUR,U.P.
A/C NO.-[protected]

I have already lodged one complain about the same subject.The policy has been obtained from UMARIA Branch(3098),MP. Now I have been settled at Bilaspur, CG after my retirement. I am facing financial constraints due to non payment of the pension.I am a retired employee. Will you directly take up the matter with LIC? You are requested to please confirm what more should I do to get the pension amount.

Swapan Kumar Ray.

Dear Friends,

I am writing here just to make all my dear friends aware of the ground reality of LIC Housing Finance Ltd. I applied for the loan (the worst decision ever taken by me) in LIC HFL through an agent Sunil Sharma [protected] (Asaf Ali Road Area Office) after seeing his number on SRS Residency website. Initially he responded promptly and got collected my documents immediately along with the sanction fees cheques. The Agent commited me of 85% of loan on property value and accrodingly i purchased property in faridabad and made advance payment to the seller.
I got the sanction after 20 days and they asked for the 1% sanction fee of sanction amount which is highest in the market. According to them the sanction fee calculation came to 27000 + S. Tax. I bargained with them and escaped with 11000 + S tax.
Now, after regular follow ups and personal visits to their asaf ali road office, i wasn't seeing any hope of disbursement and I was under pressure to pay the balance amount to the seller.
Sunil Sharma started ignoring my calls. Then I had to go to their office and they used to asked me to sit in their office for long hours giving me some hopes that the disbursement is in process. After 40 - 45 days, when i asked them to either give me loan amount cheques or my documents back. They told me that the loan will be disbursed @ 75 % of the property agreement value. I was shocked at that point of time as I was under tremendous pressure from seller for balance payment.
Finally i agreed on 75% and asked them to get the loan disbursed. They called me in their office continuously for 3 days, made me sit in their office whole day and assured me that cheque will be ready in couple of days.
After couple of days, Sunil Sharma's team member called me up and informed me that my loan can not be disbursed and you can get your documents back. The behaviour of these LIC guys are so rude that, anyone will feel that they have come here as beggers and begging for the loan. The Area Manager Rekha Rani herself is so rude that, I never seen that lady talking with customers patiently, she always use to shout on the customers as if she is giving the loan from her pocket as a beg or donation.
When I approached the LIC area manager for my original documents, they people called me thrice for handing over the documents. Luckily, i got my documents back and came to know the reason for non disbursement. Sunil Sharma (Agent) had tempered my original property documents (agreement to sell) and made forged signature of mine and the seller. Anyone can notice that the signatures are forged and documents are tempered.
Finally I applied in HDFC and got the sanction in just 10 days and disbursement in next 5 days. Only in 15 days, everything was done and that too hassle free just in one visit, comparing to LIC asked me 12 times to their asf ali road office, as if we were free people.
After 70 days of mental, physical and fiancial torture by these LIC people, now I am relieved by HDFC just in 15 days.
I am sharing my experience with all of you, so that you should not bear the same torture.

Stay away from LIC HFL and Stay Happy..!!!!
Cheers...!!
Navneet
[protected] / [protected]

The staff of LIC of india Mt. Pradip Parab staying now at Shripal bharti Bldg. No.1, C-10 unitechwest end is doing much harrasement and misbhavior with the customer to have the policy from them. Everythings are coming out now because he has purchsed this flat at shripalbharti. He is taking double premium amounts from the customer saying benefits arrangements are specialy done by LIC of India now for customer. He has started earning money from the customer.

we reqeuest LIC of india a india's best insurance company to have a band on such employee to stop our harrasement.

we appreciate if you do so to save our Policies with you.

NON RECEIPT OF PENSION CHEQUE

Ref.P&GS/GSCA/G207/Y/00280/56386
SHAMBHU NATH YADAV
VILL. BHIKARIPUR,AKBARPUR

Dear Sir / Madam,
I have not yet received the cheque for Pension from NOV2011 to April 2012. Kindly send the pension cheque (ANNUITY NO:G207/Y/00280.
KINDLY DO THE NEEDFUL AS EARLY AS POSSIBLE.


Thanks and Regards

Dear Sir/Mam,
My self Nand Kishor (An LIC Agent Lic.No.02546 11U). I had been purchased 3 policies before some time. All three policies are registered in LIC for view/print and to view status only. Policies are:[protected] Rs. 5018/-
[protected] Rs. 967/-
[protected] Rs. 767/- out of above three policies last Policy No.[protected] is registered only. Other two policies are also registered, but I had forgot user id and password of these Policies[protected] &[protected]. Please help me to provide user id and password of these policies.
Thanks & Regards.
Nand Kishor

It was long story that we have decided to approch LIC home finance OMR branch chennai. Being impressed by the Low interst rate, I approached this office on March,2012. In Tamil we say 'AAAPPU" ( Big Tunnel). I bought AAPPU at my own cost. You can go this branch and if you meet agent kamalakannan, then u can count your end of days. He will smile and look at your eyes closely while talking and judge us in in 10 Min.
He gave list of documents and if you submit again he will ask for same list of documents. He will find all the possiblities of your negative points( though it is positive one). He will also tell he cleard all the negative point with his own risk. i got irritatted when he say my land documents are missing, and he corrected it. He will promise that you will get sanction letter within this week. He repeatedly say this word for 3 months. :).

After heavy fighting i got sanction letter. where the tenor and loantype ( fixed or floating) is automatically filled by him without consulting us. if any changes , if you pay 10000 he will fix it. :)

Climax is , when i asked for payment he informed that i will get only 8% initially that is 8 laksh where i have to give 6 lakhs to land loan. He ordered us to pay 1% of loan amount so that he will release the payment of 20% immediately (AFTER 3 months).

i complained to manager NANDHINI,but she scolded him ( Kamalakkannan) not to disturb her further .. everything should be closed within him. The agent (kamalakannan) also told us manager is dummy-like. nothing will work out.

SO IT PEOPLES who are working in OMR , Chennai. Please dont go this LIC home finance for home loan.

They will pay you when you ALMOST DEAD.

BEWARE