Life Insurance Corporation of India [LIC] Complaints & Reviews

I am posting this compliant on behalf on my father T. Mohan Kamath.
He is a policy holder Future plus Policy no:[protected]. He has requested LIC to pay the full amount covered by the above said policy in lump sum and not in annually as he is not keeping well. Inspite of 3 months of the receipt of his request(attached for your reference), LIC have neither credited the amount nor done anything in pursuance of my request. LIC Branch...

Subject: Fw: Disbursement of Loan amount in favour of the Loanee - Complaint there of. (Reminder)

To,
The Regional Manager,
LIC Housing Finance Ltd.,
Ground Floor,
4, C.R. Avenue, Hindustan Bldg.
Kolkata – 72 ( West Bengal)
Date 30th July 2011

Sir,
Mentioned below, the letter dated 14th April 2011, I had submitted earlier. I am sorry to let you know that no...

I have taken a jeevan aadhar policy . at the time of taking the insurance policy I was not informed by the LIC of India in any form what so ever that there is no maturity benefit of the policy. I was informed at the time of signing the proposal,by the agent of LIC of India that on maturity the annuity will be paid
I have deposited with LIC of India A sum of Rs3, 70, 000( Rs Three lakh seventy thousands) in the form of premiums br...

Maharaja College, Ara, is GSLI Policy holder since 1994 . Policy no. 27771 Since 2008 we have been pressing for early release of death claim of our two members one of them a IVth grade employee,RAM MUNI RAM and the other a grade III employee, RAMJEE PRASAD . Besides post retirement claims of our three members have not been processed. We cut a sorry figure while replying to queries of family members of deceased members , who belong to a poor...

My Name is Madhukar Garg and I applied for Pre – Sanction Housing Loan in LIC Housing Pune (Swargate) Branch on date 20th May 2011.

I contacted by an LIC Executive named “Santosh” on the day and submitted all required documents that he told me.

At the time of application, he (Santosh) said that I will get sanction letter in next 7 working days but it is more than 2 months completed and I am still waiting...

I have a sanctioned home loan from LIC of 30Lacs and first installment is already disbursed (5.11 Lacs). Last 2 requests have been put on hold by them for some unknown reason and they say that my builder is not complying with some authority rules. Surpizingly, all other banks including govt banks are easily disbursing the loan.

The fact is that my loan was sanctioned at a much lower rate than current market rate (@9.25%) and...

I HAD TAKEN THE ABOVE LIC POLICY ON 14.01.2001 AND THE LAST DATE OF PAYMENT WAS 05.01.2009 .AT THE TIME OF TAKING THE POLICY I WAS TOLD THAT YOU HAVE A OPTION EITHER TO RECEIVE THE MONTHLY PENSION OR THE TOTAL SURRENDER VALUE. AFTER MATURITY I WAS ASKED TO SIGN SOME PAPERS AND GIVE THE BANK DETAILS AND CANCELED CHEQUE FOR CLAIMING THE AMOUNT. AFTER SOME TIME I RECEIVED A LUMP SUM AMT ABOUT 25 % AND LATER ON WAS TOLD THAT YOU WILL GET...

Sir,I (Z Hussain,[protected],Chennai ) have one LIC policy with number[protected] which I opened in Sep2010 and I gave my axis bank cheque leaf for ECS for premium clearance. But till May2011,ECS was not done by LIC and my policy was in lapse. So I issued my hdfc bank cheque leaf on May2011 and cleared all past premiums in cash and signed for ECS change form.
So wef June,ECS must be cleared from my hdfc bank account. But the problem...

My this complaint is regarding the fake promises given to me and misguide me regarding the LIC plans by Sachdeva corporate,Building no 6,DDA complex Sec 8 Rohini,
I Got the call from this company on April 15 regarding the plan of Jivan Saral I which I had to pay sum of 48040/- for one year and after that 4000 every month
Till 15 years ,they told me that we have an additional bonus scheme in which you will get 24020/- cash back...

Hi,
LIC Credit Cards have given me the most horrendous and torturous time of my life.
I submitted my application thru their agent in Mumbai named Mr.Pawaskar on January 30th,2011. Today is July 27th,2011 and I am still under the dark what my application status is. The customer service is horrible and extremely irresponsible. They no authority what so ever to atleast make an escalation for a case which is pending for 7 months....

I Rajesh Pingale, your account holder, taken Housing Loan from your Vashi, Navi Mumbai Branch. Details as under:
Name : Rajesh Vasant Pingale
Address : Flat No: 8, Vaibhav Nagari-3, Katrang Road, Khopoli,
Dist – Raigad 410 202, Maharashtra
Mobile No : [protected], [protected]
Email : [protected]@rediffmail.com
Loan A/c No - 1 : A/c No - [protected] EMI Rs 2815/- (Loan...

I am sending many more letters by post and e-mail to the company for my IT certificate of loan a/c to submit the same in my head office and IT department since 06 months till now forwarded whereas I given all the relavant details promptly given in the correspondences. May I request you to do the needful for forward the same with immidiate effect since the same able to file the IT office before 31 July 2011.

Thanks...

respected sir/madam,
I would like to bring this issue to your notice that there were misprinting errors in Set B paper of LIC AAO which was reconducted on 17th july 2011. Due to this there was lots of confusion among students. There was no one from LIC present at the examination center so this error should be taken into account by LIC Exam Controller and accordingly marks should be provided as selection...

Loan a/c. no. 10002688
Life insurance policy no.[protected] issued by LIC hapur pledged against the said loan.
Policy maturity on[protected].
Maturity amount after adjustment will more than pay for the outstanding loan amount.
Many visits to the branch office have not been able to fetch a response.
Now the branch does not attend the phone calls.


P K Sharma...

i want to know current status of my lic marekt plus policy a/c

account detail given the below

policy no[protected]...

Dear Sir,

I have applied for home loan with LIC HF in 2nd week of Aug 2010. The file no is 208773 dated 23/08/2010 and they issued me sanction letter.

I have given one signed cheque along with filled application form for Home loan with jogeshwari-east branch.

But after 1 week submitting the form, I have informed and mailed them not to process my application. But still they deposited my cheue for...

Dear Sir,

LICHFL has changed the status of my property from Flat to Flat Under construction without any reason for for home loan account number -[protected].


I have attached the statement for last year in which my property is mentioned as Flat and in latest statement it has been changed to Flat under construction.

Please do the needful to change the status of my property as Flat only...

With reference to all the below email sent of LIC I haven't recieved any response, This was a total fraud & false conduct with customers.
During final settlement (cheque no. 00376503 of of Corporation Bank for amount of Rs,31,464/-) units sold from my policy as mentioned were only 2656.207 against the total units 2664.278 available in my account.

You are requested to kindly look in to the matter & suggest...

Dear Sir,
I have permanently shifted from Visakhapatnam and settled down in Secunderabad and hence requested LIC to transfer my policies to Secunderabad. I have approached the Visakhapatnam branch and Secunderabad Branch (bo 69s and bo 64y) and written mails as adviced by them including to the CRM (attached mail refers), since Apr 2010. However, no action has been taken in this regard and neither have my mails been replied to even...

I had applied for loan from lic. I paied them initial fee. After 2 weeks of paper work they had rejected my loan. They gave me some reason when i said them give me same in written they refused it. Is there any rule according to which they have to give me in written why they did so because had charge me processing fee.
From where i can get full rules & regulation regarding loan of any banks. because no bank put it on their website...