Life Insurance Corporation of India [LIC] Complaints & Reviews

I had taken a loan from LIC Housing Finance in Apr1999 for a period of 15 years. I paid my installments religiously and never defaulted. I managed to pay back the entire loan in Jun'08. However, i am yet to receive my original deed and original LIC Policy Certificates against which i got the said loan. the reason stated by LIC is that i have to furnish the bank statement showing that the last 12 cheques that i gave as monthly installment were cleared. Since i no longer have a relationship with that bank, this is impossible and also because it is located in another city.
What is shocking is that LIC can go through their own records and bank statements and check if any of the given cheques have bounced- in fact when i gave them the last cheque, any default and/or bouncing of an earlier cheque should have shown up. I find this mere harassment and have been going from pillar to post in vain.
Please Help!

from
dineshkumarkundra
684 Bhola nagar
kotla mubarakpur new delhi-110003
to
the branch maniger
L.I.C.of india
delhi unit 128
c-26/27 Community center
janak puri
janak puri pankha road cbo.110058

sub:claim of my misplaced my policy bond
sir
my policy bond is misplaced pls give me a my duplicat policy bond in my address.in to plicy bond 1st of my
olicy no.is[protected] and 2nd[protected] pls send me the all the document in my policy bond

thanking your faithfully

I have a LIC policy for which I had to receive a cheque for Rs.15300.00 against money back amount for my policy no.-S[protected] in Dec.2011, but still I've not received the same. When I approached the LIC branch at Katni, they gave me the cheque no.-507277 issued in Dec.2011 for the same, but when asked about the mode of delivery, they could not answer satisfatorily. I also talked twice to Mr.K.P.Jogi on his mob.no.-[protected], but he was also not taking interest and unable to track my cheque. As I have now changed my residence, so please persue the matter and inform me either on my mobile/email id or my current location. My current location is as follows:

DINESH KUMAR
B-65,Kailash Nagar-1,
Nimbahera-312617,
Distt.-Chittorgarh(Rajasthan)
Mob.No.-[protected]
Mail ID: dinesh.[protected]@jkcement.com or [protected]@rediffmail.com

.

Dear Sir

I have taken the housing loan in LIC HFL in the year 2009. I am the second owner to my Flat and i bought it from LIC HFL existing customer only and i took over the loan from LIC HFL because of the LIC people are saying that if you are taking loan from the same concern the process would be simple and immediatly loan will be sactioned.

According to that i have applied in LIC HFL and took over the loan as well.

Now the problem is i have approched and requested from LIC that i needed one set of document xerox copy But they are refusing to give the set of document and they are saying that if you need we can give only list of document.

i am planning to sell my flat and from the begining they are not giving set of document.

i asked the LIC people that i am the owner of the property if i ask you supposed to give the document xerox copy and whatever charges to collect i am ready tom pay it.

Moreover i am not having any document which they are not given earlier and they are saying that all document in locker we can't take it.

if you want fully close the loan then we will take and give to you.

any how i am going to close the loan now the buyer asking the xerox copy to check the legal verification for that i needed xerox copy then only i can sell the property.

kindly assit to get the document xerox copy to sell my property and to settle the loan from LIC .

Sir,
i,dipti tripathy,having policy of lic of india and p.no. is[protected] dt 28/02/02(money back policy),still i have not received Rs 20,000/- amount which was due in last month as per term and condition of above policy.
it is requested to kindly send Rs20,000/- amount cheque as per the rule, on given below address:
flat no.17, block no.F-5,
palm grove apartment,
sector-50,
noida-201301
ph[protected]
m-[protected]

Sir, I have paid the last due premium in respect of LIC Profit plus through during the month of Dec 2011 which was due for Jan 2012.The cheeque was cleared in my account.My policy No is[protected]. In this connection i have not received the concerened receipt of payment. Is the duty of the Branch to send the receipt like primium notice ?Pl help me to send the same from the Branch (poonamalli /chennai.)

FROM:
DIPAKKUMAR JAYANTILAL SHAH
OPP. MIRADATAR, NALVALI GULI,
POST OFFICE ROAD
PO.DHRANGADHRA 363 310
PHONE: 282300/[protected]

DATE:[protected]

TO,
HIGHER AUTHORITES
LIC OF INDIA
COMPLAINT DEPARTMENT

RES SIR,

SUB: CLAIM FOR POLICY NO.[protected] OF LATE JAYESH J. SHAH NOT RECEIVED MORE OVER 5 MONTHS

REGARDING WITH THE ABOVE REFERANCE I AM VERY SORRY TO SAY YOU THAT MY BORHTER HAS EXPIRED ON[protected]. DUE TO NON AVAILABLE THE DETAILS OF POLICY WE HAD NOT CLAIMED FOR THE SAME. AS WE FOUND THE DETAILS OF POLICY WE HAD APPLIED TO LIC DHRANGADHRA BRANCH AS ON[protected]. AND THEN AFTER SO MENYTIME CONTECT TO BRANCH BUT THE RESULT IS ZEROX.

AND THEN AFTER WE HAD TRIED TO CONTECT TO BRANCH MANAGER IN THE MONTH OF JAN 2012 AND HE HAD TOLD THAT HE IS DOING THE PROCESS FOR THE SAME AND THE SUCH THE TECHINICAL RESON THE CASE IS PENDING. AND THEN AFTER I HAD VISITED TO BRANCH MANAGER AS ON[protected] FOR THE SAME MATTER AND SORRY TO SAY YOU THAT THE BRANCH MANAGER RUDLY ACT WITH ME AND SAY THAT 3WHY I WILL DO FOR YOU WHERE EVER YOU WANT TO COMPLAIN YOU CAN GO?AND GETOUT FORM HEAR….. I SHOCKED.. AND THE THIS POSITION ON THIS LEVAL YOU ARE APPOINTED THE PERSON. WE ARE EDUCATED PERSON TO WHOM THE BRANCH MANAGER BEHAVE THEN WHAT ABOUT THE NON EDUCATED?

PLEASE ARRANGE TO SOLVE THE PROBLE AS FAST AS OTHER WISE WE HAVE FORCE TO GO IN CONSUMER FORM FOR THE SAME.

WE ASSURE YOUR ACTION FOR THE SAME AND ACTION AGINEST THE BRANCH MANAGER FOR HIS VERY VERY RUDELY BEHAVIOUR.

-DIPAK J SHAH.

Dear Sir,
Please note the I, Ghanshyam Bhardwaj, (R/O Vill: Nauri , P.O.
Bhadiyarkhar , Teh: Baijnath, Distt: Kangra ,H.P.), have been
receiving my pension under the super innovation scheme.
Master Policy No: 46128; Annuity No : 15382.
The last received cheque was till January 2012, after which i have not
received my pension.

I have been trying to contact you using the phone numbers provided on
the letters received from your department, but no one picks up the
phone.

As per the letter received from LIC dt:03/12/2011 which required and
existence certificate, i have already posted you the following
documents dated: 14 December 2011
a) existence certificate
b)electronic mode application form.
c) photo copy of the first page of the bank passbook
I have used Indian post speed post system the receipt of which is also
attached to the mail for your reference.additionally copy of above
documents is also attached.

I have not received the cheques or the electronic transfer as was
supposed to be done.

It is difficult for me to travel till Delhi to sort out the issue.
therefore i will request you if you could resolve the matter and
resume my pension. also please do reply back if any other documents is
required further.


Kindly acknowledge receipt of the above mail and attachments

thanking you

yours sincerely

Ghanshyam Bhardwaj
Vill: Nauri
Teh Baijnath
Distt: Kangra
H.P. 176081

The letter which was send to LICI furnished below , this is for your kind information & necessary action please-

To
The Customer Care Manager
Life Insurance Corporation of India
(Kind attention Mr Haque)
Sub:- Unjustified deduction of premium gap for the month of Jan’2008

Sir,

My particulars are furnished below for your kind information and necessary action-

Name : Rajesh Kumar Ojha
LIC Policy No. :[protected]
Date of Commencement : 28.05.2007
Sum assured : Rs.2,00,000/-
Plan : New Bima Gold(T.No.179), 4 years money back policy
Policy Term : 16 years
Monthly Premium amount : Rs 1166/- through monthly salary from South Eastern Railway, Kolkata-43
Expected 1st money back after 4 years (as on 28.05.2011) is : Rs.30,000/-
Unfortunately LIC(India) issued cheque of Rs.28,834/- instead of Rs.30,000/-
Reason shown for deduction due to gap premium of Rs.1,166/-for Jan’2008 vide Divisional Manager’s letter dated-23.05.11
As per employers (South Eastern Railway, Kolkata) record that bulk premium amount of Rs.1,41,330/- was paid to LIC(India) vide Cheque No. – 998745 dated 23.01.2008. In which premium amount of Rs.1166/- for the month of Jan’2008 against policy No.[protected] was included.
In view of the above it is requested to take necessary action towards pay the difference amount of Rs.1,166/- as early as possible by rectification of the monthly premium data for the policy no.[protected].
Yours faithfully
Rajesh Kumar Ojha
Cell-[protected]

I am writing to complain about the conduct of LIC of India in handling serious charges fraud and harassment Case registered against them for selling life insurance policy with fake details by their agent Ms. Swati Arora followed by constant harassment both by the company and the agent ever since the case have been highlighted.

Details of case is as follows
First handwritten and email illustration (copy enclosed) at the time of giving policies states
Premium Amount = Rs 10286 per month
Total premium = 740592
Maturity Amount Shown= Rs 1206000
Tenure 6 Years
Bonus @ Rs 60/1000
FAB and Loyalty Bonus are also payable at maturity

Second illustration after complaint on 17th November
Maturity Amount Shown = Rs 729600
Bonus = Rs 34 per thousand
Final Addition Bonus and Loyalty Bonus are NOT showen as benefit in this.

We are folllowing up with LIC on the same but they are more willing to save the agent and not the conusmers.

What can be done into this.

Do let me know if you have any suggestions

Dear Sir,
I Rumpa Das w/o N.K Kalyan Das has been taken a money back policy plan from LIC of India. My Insurance policy No[protected] Table & Term No 075/20 has been taken on 22 Jan 2007. Cheque No 577076 dt 22 Jan 2012 for sum of Rs 20,000/- (Rupees twenty thousand only) received from LIC of India as a Bonus Cheque of my policy. The same has been deposited in my account but the bankers returned the cheque due to funds insufficient in PNB account No [protected] of LIC of India which is mentioned on the cheque.

In view of the above, you are requested to clarify the same that I am facing hard. Please confirm me on Mobile No [protected] and email No [protected]@gmail.com.

I will ever great full to you for this act of kindness.

Thanking you.



Rumpa Das

I am having a money plus policy of LIC No.[protected] obtained from your divisional office No 01018397 under scheme no.0009510 branch office code no 397, since the date of obtaining my policy on 08/03/2007, i have not provided with a/c stament despite my approach.
Please therefore, provide the balance held in my account in units,its latest NAV and redemption procedure on my e-mail address i.e. [protected]@gmail.com
ajitkumarchatterjee.

I, Dr.Ayesha Jehan, Aged 52 years of age have an LIC Policy bearing policy number[protected] taken at Koti main branch, Hyderabad.

Due to certain family commitments I was unable to pay my premium on time for the first time in 9 years, which led to policy being lapsed.

After this, I applied for policy revival in the month of October 2011. I was asked to undergo a medical examination and lab tests, which I did and submitted the same at DBR diagnostics Dilsukhnagar as advised by the LIC personnel at Koti main branch.

On approaching the Koti main branch in first week of november, I was told that my lab tests are normal but my BMI is slightly high and so it needs to sent for review to head office. I was also asked to not visit the office again and that i would be intimated about the results of my application by phone.

Since then, I have not received any intimation from the LIC personnel on the status of my policy. They are neither answering any phone calls nor are they responding to any queries properly when I meet them in person. All they sy is that it has gone to head office.

My next premium is due in march and I do not want to miss another payment of premium.

I please request you to kindly furnish the details of my policy at the earliest.

DATED.23.02.2012

Dear sir,
Reg:- non payment of matured policy no.[protected] lic of India,


I COMPLAINED IN THE LIC ON[protected] FOR NON PAYMENT OF MY ONE
MATURED POLICY OF LIC OF INDIA,
DATED[protected]. AFTER THAT I WILL COMPLIAN SEND TO LIC THAT YOU COMPLAIN LODEGED AND YOU WILL GET YOUR MATURIY AMOUNT SOON BUT TILL TODAY I HAVE NOT RECEIVED MATURITY AMOUNT. IN THIS CONNECTION I SEVERAL
KINDLY LOOK INTO THE MATTAR AT YOUR ENDS AND ARRANAGE FOR THE PAYMENT OF MY MATURITY AMOUNT AS SOON AS EARLIER.

YOURS’

[DAMODAR GOYAL]

People apply for home loan for want of money for construction.The final check release to be done in the completion of roof.Now the LICHF what is doing, it keeps the final check for years until the customer exhaust paying interest for years.It did not release the final check and consumer not able to complete the construction and he has to expect for the loan money for years.Here the purpose of the consumer is not satisfies and he has to pay interest for years.No body either the government, nor the company paying loan.
Here the loan paying company not believing the customer, customer has to believe for years that the company will pay the final check.By that time the customer paid the interest more than the final check value.Why this happen ?. The financial institution believes only until he lays roof and after that let him suffer collecting huge interest amount.Is it not a joke?
The home loan final payment must be made once 6 months completion after the sanction.It is the matter of the small home builders .Not know about the big builders? small home builders must be protected from sufferings.
why not release final check of final sanction even after 6 months?
people apply for money what is the case if full amount is not available ?

http://www.facebook.com/GrahakSeva/posts/[protected]

[protected]@yahoo.com, [protected]@yahoo.co.in, [protected]@yahoo.com, [protected]@gmail.com
COMPLAINT AGAINST LICHFL-KUKKATPALLY/HYDERABAD
HARRASSMENT OF GENUINE CUSTOMERS

TO THE MANAGER
LICHFL
HYDERABAD

SUB;REQUEST TO RETURN MY MONEY OR ISSUE ME CHEQUE FROM LICHFL HYDERABAD IMMEDIATELY WITH INTEREST DUE FOR 2 MONTHS
SINCE YOU HAVE NOT DONE LOAN PROCESSING AS WELL HAVE NOT SANCTIONED MY LOAN APPLICATION

MY COMPLAINT ON GRAHAK SEVA- FACE BOOK SITE WILL BE SENT TO DOCTORS
http://www.facebook.com/GrahakSeva/posts/[protected]
DEAR SIR
WITH EXTREME PAIN AGONY AND ANGUISH I NOTE THE CALLOUS ATTITUDE OF LICHFL OF HYDRABAD.
THE ATTITUDE OF MR TIRUPATHAIAH THE AGENT OF LICHFL WHO WAS SUPPOSED TO PROCESS THE LOAN SPEEDILY,IS SUCH WORST THAT DEFINITELY I HAVE CONVEYED MY DISPLEASURE TO MY DOCTOR FRIENDS
TWO THINGS

A.WE DOCTORS CANNOT GET LICHFL LOAN SO EASILY

B.WE CANT GET OUR MONEY DEPOSITED AS PROCESSING FEES TO SO EASILY
INSPITE OF NOT APPROVING OUR LOAN

C.WE MAY NEED TO GO TO CONSUMER COURTS TO GET OUR MONEY BACK FROM LICHFL-HYDERABAD

SAME THING WILL BE COMMUNICATED TO DOCTORS YAHOO GROUPS,FACE BOOK YAHOOGROUPS,AND OTHER GROUPS ON NET IF YOU CHOOSE TO ACT SLOWLY
IN RELEASING MY MONEY BACK/MONEY OWED TO ME/RETURN MY PROCESSING FEES

D. I AM HEREWITH FORWARDING THE SAME LETTER TO MY LAWYER TOO,AND THIS LETTER IS A RE MINDER TO LICHFL-HYDERABAD THAT IF THE FILE PAPERS OF MINE ARE NOT RETURNED TO ME BY TOMORROW,AND IF MY PROCESSING FEES IS NOT RETURNED IMMEDIATELY I MAY HAVE TO APPROACH CONSUMER COURTS- COMPLAINING CONSUMER UNFRIENDLY BEHAVIOUR

YOURS SINCERELY
DR SRINIVAS R DESHPANDE


DR SRINIVAS.R.DESHPANDE MBBS FAGE MD[BIOCHEMISTRY]PGDMLS
Certificate in Diabetes Care(TUNNDA,Australia)
PROFESSOR and HOD BIOCHEMISTRY
MALABAR MEDICAL COLLEGE,MODAKKALLUR
ATHOLI CALICUT 670001 KERALA INDIA
phone:[protected] ;[protected] and[protected]
[protected]@yahoo.com



--- On Sat, 21/1/12, srinivas deshpande <[protected]@yahoo.com> wrote:

From: srinivas deshpande <[protected]@yahoo.com>
Subject: Fw: IS 2 MONTH DELAY JUSTIFIED FOR LICHFL LOAN LOAN PROCESS TO LIC CUSTOMERS?
To: h.[protected]@lichousing.com
Cc: h.[protected]@lichousing.com
Date: Saturday, 21 January, 2012, 12:01


Dear Mr Raghavendra Sir

Hello sir

I am forwarding a old letter for your kind perusal

This letter was originally sent to Mr Tirupathaiah,my LICHFL agent for the loan

Any case I hope you have receieved the e mail from my auditor regarding the Rs 1.4 lakh income from Mahe educ.trust,in last AY
I plan to meet you in the Noon,sir.
Today evening I am returning back to Calicut
Kindly be on email communication- since you in your personal talk with me at your office,you said as a last resort the LIC policies in my and my mothers names could be used as surety/collateral

Sir- a point i wish to make clear is I am working nowadays at Calicut based MALABAR MEDICAL COLLEGE,so it is physically quite impossible to follow up the loan approval process for me - THAT IS THE MAIN REASON WE ARE EMPLOYING AN LICHFL AGENT AND PAYING HIM FEES.AS A CUSTOMER....I FEEL AGGREIEVED SINCE I AM NOT GETTING OFFICIALLY OR UNOFFICIALLY ANY COMMUNICATION REGARDING STATUS OF MY LOAN APPLICATION

HOPE YOU WILL RESOLVE THE LOAN IN MY FAVOR,AND HELP
YOURS SINCEERELY

DR SRINIVAS R DESHPANDE


DR SRINIVAS.R.DESHPANDE MBBS FAGE MD[BIOCHEMISTRY]PGDMLS
Certificate in Diabetes Care(TUNNDA,Australia)
PROFESSOR and HOD BIOCHEMISTRY
MALABAR MEDICAL COLLEGE,MODAKKALLUR
ATHOLI CALICUT 670001 KERALA INDIA
phone:[protected] ;[protected] and[protected]
[protected]@yahoo.com



--- On Mon, 9/1/12, srinivas deshpande <[protected]@yahoo.com> wrote:

From: srinivas deshpande <[protected]@yahoo.com>
Subject: IS 2 MONTH DELAY JUSTIFIED FOR LICHFL LOAN LOAN PROCESS TO LIC CUSTOMERS?
To: [protected]@gmail.com
Cc: [protected]@yahoo.com, [protected]@yahoo.co.in, [protected]@yahoo.com, [protected]@gmail.com
Date: Monday, 9 January, 2012, 11:41

To
The Manager
L IC HFL
HYDERABAD

DEAR SIR


SUBJECT: IS 2 MONTH DELAY JUSTIFIED FOR LICHFL LOAN LOAN
PROCESS TO LIC CUSTOMERS HAVING
SO MANY LIC POLICIES SINCE 2001?

I have been working as a doctor for various organisations and have been filing my IT returns since 2002 onwards

I have regular income legally which has been paid tax,and as per government of india rules i feel a loan o[censored]pto 20 lakhs where house itself is a collateral will never be a loss to your LICFL

Under these circumstances,I wish to bring to your kind attention
that I have applied for a housing loan o[censored]pto 20 lakhs from LIHFL nearly 2 months back which has unfortunately been blocked by some unknown reasons

I have paid a processing fee against my wishes
As please note that AXIS bank as well as HDFC loan was freely available to me and was offered in same project - and I opted for LIHFL instead

It has hurt me emotionally that as a customer of LIC and having previous LIC policies since 2001 the LICHL is acting indifferent and blind of my customer details- which is wrong

Please rectify immediately and sanction the LICHFL loan is my request as I have to fufil financial obligations
Else please immediately tell me it is possible or not and I want to approach
AXIS BANK OR HDFC HFL OR HDFC BANK

thanking you ,yours sincerely
dr srinivas r deshpande



DR SRINIVAS.R.DESHPANDE MBBS FAGE MD[BIOCHEMISTRY]PGDMLS
Certificate in Diabetes Care(TUNNDA,Australia)
PROFESSOR and HOD BIOCHEMISTRY
MALABAR MEDICAL COLLEGE,MODAKKALLUR
ATHOLI CALICUT 670001 KERALA INDIA
phone:[protected] ;[protected] and[protected]
[protected]@yahoo.com

sir,


please send duplicate copy of premium paid receipt for the year 2011 to 2012 march following policy no.by mail to produce tax concession;

policy no[protected]
policy no[protected]
policy no[protected]

mail ID- [protected]@hotmail.com
[protected]@shimz.biz

I superannuated from Foster Wheeler India Pvt Ltd, Chennai and my super annuation fund was with LIC.
I opted to receive annuity and I was to receive payment of my first annuity of LIC P&GS on 16 Feb 2012.
LIC P&GS, Chennai asked me to submit bank details which I submitted (in Nov 2011 by speed post) as follows:
BANK OF BARODA
SURYA NAGAR BRANCH
GHAZIABAD
SAVING ACCOUNT NUMBER [protected]

Request you to please advise status.

Satish Kumar Agarwal
B-133, Surya Nagar, Ghaziabad - 201011
M- [protected]
[protected]@yahoo.com

I was trying to get the loan statement and creating an ID but not able to create the the same due to some technical problems in LIC web site.

Any how, I need the Loan statement for this financial year to submit in office for tax benifit.

My name : Pinaki Mandal
Loan account no. (new) : [protected]
DOB : 25/06/1971

Please help me in this regards on Top Priority.

Thanks
Pinaki Mandal

please send my the current account status details of my account:-[protected],[protected] and my name is yogendra singh.phoneno:-[protected] and my e-mailid:[protected]@gmail.com