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Life Insurance Corporation of India [LIC] Complaints & Reviews

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Updated: Jan 2, 2026
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Life Insurance Corporation of India [LIC] reviews & complaints page 241

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P
pghegde
from Chennai, Tamil Nadu
Apr 30, 2011
Resolved
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Address: Delhi

Dear Sir



Myself P G Hegde have taken the Housing Loan from your esteemed organization of Rs 20 lakhs for the flat at Gurgaon(Haryana).



Raheja developers sent the demand letter on 6th mar 2011 to me and I have forworded the same to you on 12th mar 2011.



Final date for receiving the cheque was 31st mar 2011.They have received the cheque only on 15th April 2011.(15 days late)



Due to your utter negligence and irresponsible way of working I had to pay late payment penalty Rs 2565 and also I lost the timely payment discount



Offer of Rs 1.8 lakhs.My loan A/C No is 11057131 and File No is 213996.I have taken the loan from Faridabad branch.Kindly arrange to repay the penalty



and discount charges as this is purely your blunder mistake.I was regularly following with Mr Ashutosh Area Manager.But he has not taken any interest to



resolve the same.Kindly do the needful



Regards

P G HEGDE
CELL NO . - [protected]
Aug 13, 2020
Complaint marked as Resolved 
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    J
    jothivr
    from Bhubaneshwar, Odisha
    Apr 30, 2011
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    Address: Pondicherry, Puducherry

    LIC policy no.[protected] belongs to villupuram br so far.on 16/11/2010 they have voluntarily tr the same to pondicherry Annasalai br without any information .On enquiry annasalai br told me that the policy still remains with villupuram br. Again on further enquiry villupuram br told that the same have already tr to annasalai br even not adhere to my words.On further request again with annasalai and kamaraj salai br,they once again told that the policy still remain with villupuram br.please note that the policy matures on 29/03/2012 and I AM READY TO PAY THE BALANCE PREMIUM AMOUNT IN FULL.Please take necessary action and must impose a fine of 25000/- for my mental agony and torture for the past 6 months by sending me here and there
    Aug 13, 2020
    Complaint marked as Resolved 
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      Nitin Zanzane
      from Pune, Maharashtra
      Apr 30, 2011
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      Address: Pune, Maharashtra

      Hello, I am Nitin. LIC Housing Finanace , Pimpri is cheat me . Their Manager Ritesh Singh is refused to refund my processing amount cheque. Actually I want home loan of Rs.15,00,000. For that I have done all documentation & processing fees cheque of Rs. 5,515 to LIC housing Finance on 12/03/2011. During that time their agent Nagesh Shewale told me that this cheque is issued when your loan proposal is sanctined. Now ,0n 22/03/2011 , I received call from Nagesh that due to my company profile loan amount upto Rs. 15,00,000 was not meet. LIC offer me only Rs. 11,70,00 only. So, that time I refused for their loan amount & asked my documents & cheque back. They returned me the documents & for cheque they assure me that it will not deposited & returned it to me very soon.But, on 26/04/2011 ,they incash the cheque without my permission. When I asked question about it, they told me it's their processing charges.
      Aug 13, 2020
      Complaint marked as Resolved 
      That's correct Nitin. All banks charges processing charges irrespective of the outcome of the decision.
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        P
        pathakhemant
        from Surat, Gujarat
        Apr 28, 2011
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        Address: New Delhi, Delhi

        Hi,
        I have applied for a loan on 8 Month back still i have got it and after each and every 15 days they start asking for a new paper,I have given all the required paper and even they have taken their all fee and still I am waiting for my Loan Amount .I am fed up of it everyday. They are not responding .

        This is really very bad experience till date with LIC Housing Finance.

        Hemant Pathak File No : 30496
        +[protected]
        Hello Sir,

        I am working with ABB, bangalore and my wife is working with Income tax department, Bangalore.

        I have Purchased a Flat in Mohali and applied for house load form LIC housing finance, Chandigarh office Sector 22.

        I already completed all formalities and submitted all documents required for house load (one month before on 15th of Nov) and personally visited in LIC housing finance office, Rajaji nagar Bangalore for personal verification and met with Madam Aishwara.

        This loan is handle by Mr Pardeep chhibber (mob no: [protected]) in LIC office chandigarh.

        I have chased so many times on phone to know about status, but there is no response from there end. LIC office, chandigarh saying that they are waiting for FI form Bangalore office and bangalore office saying they already sent 10 day back.

        If LIC offices are not able to coordinate among them, then it is difficult to get loan form LIC housing finance.

        Please do some needful action or I just want my documents and processing fee (Rs 1103) back, so that i can apply to other bank.

        LIC Housing finance claiming to get loan within a week but it is not happening at all.

        Thanks & regards
        Ajay Bains

        Mob no: [protected]
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          R
          rubydeva27
          from Ernakulam, Kerala
          Apr 28, 2011
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          Address: Chennai, Tamil Nadu

          Myself, Power of Attorney for my Son in Law J.Jenefar Raj, residing and working in UAE proposal for Housing loan was initiated by LIC Dubai branch and the file was send to LIC HFL Anna salai Branch, Chennai.
          The loan was sanctioned. After completing all the formalities, file was sent to LIC HFl Saidapet, Chennai for disbursement process on[protected]. But till now the file has not been processed and sent to LIC HFL Anna Salai, Chennai. On approach on LIC HFL Saidapet office, there was no proper response. On inquiry, as this process was initiated by Dubai LIC branch, there was no initiative and interest shown on this file.
          Requested not to recur in future in other NRI files like my Son in Law.

          Regards
          S.Devasahayam
          Advocate,
          Chamber no 86
          District court complex
          Madurai - 625002
          Email : [protected]@gmail.com
          The File no for LIC Loan no is 515082
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            S
            Sandip Kutwal
            from Bengaluru, Karnataka
            Apr 28, 2011
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            Address: Pune, Maharashtra

            I have finalized property in Baramati. So I applied home loan in LIC Housing Finance at Swargate Pune branch. I submitted all the required documents related to me and property. Also I pay processing fees. But my home loan is not sanctioned saying 'if property is out of city we can not provide loan'.
            So I give application for refund of processing fees. But after more than 2 months I am not getting any reply from LIC Housing Finance. I followed lots of time but I am not getting any respond from LIC Housing Finance.
            Aug 13, 2020
            Complaint marked as Resolved 
            Name Contact Email Remarks
            Deshapnde [protected] Shreepad.[protected]@lichousing.com Recovery Manager
            Sandip Patil [protected] Sandip.[protected]@lichousing.com

            Usha Kakar [protected] Usha.[protected]@lichousing.com
            Nodal Officer
            Yashwant Bodke [protected] Yashwant.[protected]@lichousing.com
            Ops Mgr
            Bhavesh [protected] – Poonam Bhavesh.[protected]@lichousing.com Recp
            P SMehta [protected]
            [protected] – D ps.[protected]@lichousing.com CC Mgr
            V K Sharma [protected]
            [protected] – D [protected]@lichousing.com
            CMD
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              A
              ashek1520
              Apr 27, 2011
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              Resolved

              Not able to deregister a policy

              Hello,

              I have an internet account in LIC india, where i have register different policies, I had also registerd my brothers policy(as he was a student then). Now he has started to earn, so I asked him to register his policy in his account, the website did not allow it complaining the policy has already been registered.

              When I tried to de-register it from my account, I got surprised to see there is no such option....
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              N
              nkamaleshkumar
              from Hyderabad, Telangana
              Apr 27, 2011
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              Address: Andhra Pradesh

              sir , i N KAMALESH KUMAR agent lic applied for credit card but still i had not issued credit card . but i had submitted all my requirments.kindly do as early as possible.my mobile number is [protected]
              dear sir,

              i, rajeev kumar, dev.officer l.i.c of india sr no-334977 applied for credit card

              a verification from pvt.agency is also done at my office & residential address

              in the month of march 2011 but still i have not issued credit card, my dob is 03041968

              my mobile no-[protected], kindly give the status details, my e-mail id is [protected]@yahoo.co.in
              dear sir,
              I am Lic Agent. my name is Vimal I. Tailor, Agency code no. for Lic Card is L9195886h. belongs to Surat, Gujarat. .
              after 8 months completed, my so many clients are not receieved Lic Card and Not receieved any information regarding card from your side till date 02/05/2011. this is my humble request to you please issue the LIc Credit Card or ask for any type of requirement for issuing card.

              Thanking You

              VIMAL I TAILOR.
              agent 9195886h.
              surat division, gujarat.
              ph. no. [protected].
              Dear Sir
              Six months back i have applied for LIC Credit Card, my application no 671
              still not received any card.please send me the status.
              thanking you
              Prema Kumar M
              mobile no [protected]
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                G
                gpremkumar
                from Delhi, Delhi
                Apr 26, 2011
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                Address: Tirunelveli, Tamil Nadu

                I have paid my all due to my LIC housing loan, received my original document on 18.03.2011 except my house plan approval copy. Many times i contact the area manager, he simlply said i will see. My Loan No is[protected]

                Regards
                G.Premkumar
                Aug 13, 2020
                Complaint marked as Resolved 
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                  K
                  Krishnapada Roysarkar
                  from Durgapur, West Bengal
                  Apr 26, 2011
                  Resolved
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                  Resolved

                  Address: Bardhaman, West Bengal

                  My Jeevan Suraksha Policy (No.[protected] under Pension Plan vested on 28.12.2010 and the Annuity Payment should start from 28.01.2011. But till date the annuity payment has not started and as such it has not been deposited in my bank account though I submitted the "Electronic Fund Transfer Application Form" along with the Pension Option details in the month of December, 2010. Several Reminders were given over phone, E-mail, letter and personal interactions to LIC office at Durgapur and their Head Office at Kolkata, the last reminder given on 26.04.2011.
                  Under the above circumstances, I request you to look into the matter for early payment of the monthly pension, alrady 3 months being elapsed for non-receipt of the same.

                  KRISHNAPADA ROYSARKAR
                  HOUSE NO.- MS-2-/11
                  BENGAL AMBUJA URVASHI HOUSING COMPLEX,
                  CITY CENTRE, DURGAPUR-713216
                  PH:[protected]
                  Aug 13, 2020
                  Complaint marked as Resolved 
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                    N
                    nilcipla
                    Apr 26, 2011
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                    Address: Pune, Maharashtra

                    Dear Reader,

                    This is really shamefull for LIC as they are veru much big foot print is all over.
                    They always do like this way ...increasing interest rates....and all.
                    even they are not informing to customers regarding rates are increased status.
                    Even they have all information in hand .

                    So tell us how do we bare such kind of things.
                    and no call nothings else.

                    We have to contact them & then they said u have to pay that ........Rs.....amount due then it will be regularises EMI......What the nonsence.....do they think we are .....

                    Such a bigger cheater Govt.Has to decalre and arrest and ban in all activites even i avail loan from LIC.

                    Please .
                    Aug 13, 2020
                    Complaint marked as Resolved 
                    What was the reason, you have done this much allegation? Please provide proper explanationss?
                    Because I have taken home loan from LICHFL, (Whitefield branch, Bang). Thank god, I have not faced any issues till now.
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                      P
                      parthalahiri
                      from Hyderabad, Telangana
                      Apr 26, 2011
                      Resolved
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                      Address: North 24 Parganas, West Bengal

                      Dear sir,

                      i am a policy holder of lic india, due to some domestic reason i have surrendered my policy as i need money( out of this policy i took loan), i have surrendered the policy (policy no[protected] in KDMO-1 ( CITY NO17) in kolkata.Most astonishing fact this i have enquired several times over phone (phone no[protected] i was told my cheque has realeased and it is on transit. I have sent my agent he enquired the cheque was ready (cheque no-94480 dt 6th april 2011) amounting Rs 14943/- but not traceable, it a kinfd of statement of LIC. i am very unhappy with their service, and not understandable when i will get my cheque and how it will reach to me.

                      PARTHA PRATIM LAHIRI
                      MOB NO-[protected]
                      KOLKATA
                      +1 photos
                      Aug 13, 2020
                      Complaint marked as Resolved 
                      SURRENDER CHEQUE NOT RECEIVED
                      Dear sir,

                      i am a policy holder of lic india, due to some domestic reason i have surrendered my policy as i need money( out of this policy i took loan), i have surrendered the policy (policy no[protected] in Mumbai ( CITY BRANCH 916) in Mumbai.Most astonishing fact this i have enquired several times over phone (phone no[protected]/[protected] i was told my cheque has realeased and it is on transit. but not traceable, it a kinfirmed of statement of LIC. i am very unhappy with their service, and not understandable when i will get my cheque and how it will reach to me.

                      RAMNARESH KALPU PASWAN
                      D-306, MAHESHWAR APARTMENT
                      NEELKANTH VALLEY CHS. DATTA CHOWK,
                      bELAVALI, BADLAPUR WEST
                      THANE- 421503
                      MAHARASHTRA
                      MOB NO-[protected]
                      Surrender Policy Status
                      Dear Sir,
                      i have surrender the police no:[protected] & policy no[protected] for surrender amount on dt:30/8/12 still i have not received any amount credited in bank a/c.as mention the details submitted the form.kindly inform the matter as early as possible.as i required urgent.
                      Boddapu Tulsi Das
                      1st military lane
                      near bhapur bazar
                      po:Berhampur
                      Dt:Ganjam
                      Orissa-760001
                      mob:[protected]
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                        A
                        ArthiN
                        from Mumbai, Maharashtra
                        Apr 26, 2011
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                        Address: Mumbai City, Maharashtra

                        As per the policy, i am supposed to get 10% of the basic sum assured every five years. I have not received the amount yet.

                        1. I have been informed by 902 branch that my original policy need to be submitted until otherwise the cheque will not be released. My husband is also holding similar policy, but he has received the cheque without submitting any forms or policy

                        if any rules is there, it should be applicable for all

                        2. Also i received one more call informing that the cheque was couriered in the month of February but it is returned due to wrong address. I have been staying in the below said address from 2008 which is also registered with LIC and all my premium receipt are addressed in the same address


                        Wht system is followed
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                          A
                          ameet1968
                          from Mumbai, Maharashtra
                          Apr 22, 2011
                          Resolved
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                          Resolved

                          Address: West Bengal

                          Dear Sir,
                          I have lost my two policies due to those have been burned and I do not have any records such as policy no. etc.but these were almost matured. So my request to you please re issue the policy certificates.My details are given below:
                          Name of branch from where it was been issued.24 Parganas(N)
                          Name:amitjyoti Banerjee
                          Father's name:Late Kalidas Banerjee
                          Permanent Address;48,Ram Sita Lane,Po.Halisahar,Dist.24Parganas(North)Pin-743134.W.B.
                          Nominee:manju Banerjee

                          Please re issue the same and send them to my present address i.e.C/o.R.N.Banerjee,
                          C-1/34,Sector-55,Noida,dist.G.B.Nagar.Pin-201301.U.P.

                          Thanks & Regards,

                          Amit Jyoti Banerjee
                          Ph.No.[protected].
                          e mail id:[protected]@gmail.com
                          Jul 25, 2020
                          Complaint marked as Resolved 
                          Resolved
                          status of policy no[protected]
                          I have made this complaint for non received of payment of loan.
                          mypolicy no[protected] what is the premum due ? i hv not recd any intimation frm u...vador. ... jayantilal
                          i want"s to know abt my policy prmum
                          why areu com again again ask same quition?
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                            mrchetiwal
                            from Mumbai, Maharashtra
                            Apr 21, 2011
                            Resolved
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                            Resolved

                            Address: Mumbai City, Maharashtra

                            LIC POLICY NO[protected] matured - NO REPLY FROM LIC
                            I had sent numerous mail to the LIC .But till date i had not received any reply from them,My policy was matured on 8th March 2011 & now it is more than a month.If LIC can force us to pay late payment charges when our premium gets delayed, Can't we also deserve to get the late payment/interest charges from LIC.
                            SO far,I had not received a single email reply from LIC in this regard.Then what is the purpose of your email ID/computer in LIC.
                            Aug 13, 2020
                            Complaint marked as Resolved 
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                              P
                              Pankajrana
                              from Shamgarh, Madhya Pradesh
                              Apr 21, 2011
                              Resolved
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                              Resolved

                              Address: Gujarat

                              Sir, Please submit my annual account statement of 1-4-2010 to[protected]

                              Police No. Police Holder Name Amount Rs.

                              [protected] Hemal Punjalal Rana 3297/-
                              [protected] Punjalal Jashvantlal Rana 2155/-
                              [protected] Punjalal Jashvantlal Rana 1198/-
                              [protected] Punjalal Jashvantlal Rana 7267/-
                              [protected] Sudha Punjalal Rana 1384/-
                              [protected] Tejash Punjalal Rana 407/-
                              +1 photos
                              Aug 13, 2020
                              Complaint marked as Resolved 
                              Annual Account Statement
                              Sir, Please submit my annual account statement of 1-4-2010 to[protected]

                              Police No. Police Holder Name Amount Rs.

                              [protected] Hemal Punjalal Rana 3297/-
                              [protected] Punjalal Jashvantlal Rana 2155/-
                              [protected] Punjalal Jashvantlal Rana 1198/-
                              [protected] Punjalal Jashvantlal Rana 7267/-
                              [protected] Sudha Punjalal Rana 1384/-
                              [protected] Tejash Punjalal Rana 407/-
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                                S
                                S k rastogi
                                from Malappuram, Kerala
                                Apr 20, 2011
                                Resolved
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                                Resolved

                                Address: Lucknow, Uttar Pradesh

                                I had taken loan from LICHF in reference to above a/c from your Gomti Nagar, Lucknow branch. Four of my policies, issued from LIC Allahabad (UP) branch have been assigned in your favour. My policy numbers are as follows:[protected],[protected],[protected] and[protected] with due acknowledgement from your officer. Loan is fully paid. Only policy no[protected] has been returned to me. Rest were not traceable in your Lucknow office.
                                On my repeated complaints duplicate policy bonds for policy no[protected],[protected] were issued.Policy bond for policy no[protected] is still pending six months of loan payoff.
                                Dr S k Rastogi
                                Aug 13, 2020
                                Complaint marked as Resolved 

                                LIC — RETURNS ON LIC POLICIES

                                DEAR PUBLIC.

                                BEWARE. I HAVE TAKEN A LIC POLICY - NO.[protected] ON 23.11.2006 - RS.10000/-ONE TIME PREMIUM PAYMENT WHICH HAS MATURED ON 23.11.2011, I HAVE RECEIVED RS.10400/- AS MATURITY AMOUNT.

                                WHAT IS THE GREAT SERVICE DONE BY LIC. IT IS AMAZING AND I AM REALLY VERY MUCH SATISFIED WITH THE SOCIAL INTEREST LIC KEPT ON US. LET ALL KNOW THE SPIRIT OF LIC TOWARDS INVESTORS.

                                WITH REGARDS
                                A.ARUNKUMAR
                                [protected]
                                there is no response in returning my house documents after completing my loan full amount in 65 days back.i don't know what is the problem to give my house documents .there is no response in tirupati and Hyderabad also. from r. raja sekhar rao.kadapa
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                                  K
                                  koilpitchai
                                  from Mumbai, Maharashtra
                                  Apr 19, 2011
                                  Resolved
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                                  Resolved

                                  Address: Mumbai City, Maharashtra

                                  March 31, 2011 I received an e-mail form LIC that the maturity amount was Rs. 29,946. But to-day only Rs. 28,205 is received in my account. My Policy No. is[protected]
                                  Aug 13, 2020
                                  Complaint marked as Resolved 
                                  i have lic policy no.[protected], dated-5.7.90.
                                  Branch office:patna-BR.NO.2
                                  MY POlicy has been matured on 5.7.2010. I have submitted all the
                                  paper, But the maturity claim has not been sent due to colourful
                                  exercise of dealing assistant of this policy.
                                  Last one year I try to receive my maturity claim. The Company is denieing to give me the maturity amount. I am a Central Railway Employee. Eventhough it deducted the monthly premium from my salary, it take unnecessary delay.
                                  Dear Sir,

                                  I,Khushal Singh Yadav residence of bathinda,Policy No.[protected] Sir,
                                  My policy has matured on dated 15.02.2011 but no communication is sent to me regarding that. After a long period of 6 months they have sent intimated me through speed post Dt. 22.09.2011 regarding maturity. And issue maturity cheque without any interest of dealy period.

                                  I discussed the matter with the deptt. and request to pay me maturity amount with interest. But no response is received from their end.

                                  Kindly advice how can I get interest on delay period from LIC deptt.


                                  Regards,
                                  Khushal Singh Yadav
                                  .Policy No.[protected]
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                                    nirav vora
                                    from Mumbai, Maharashtra
                                    Apr 19, 2011
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                                    Address: Mumbai City, Maharashtra

                                    i am not recevied my policy no :[protected] DOC 20/11/2009. please tell me what to do? to get my policy.
                                    i will talk to my agent & he say that please check in the post office & i do it but the post office person say your policy address is not proper so they return the policy to lic of india's head office & lic office person say thay don't have it. then where is my policy
                                    please mail me on my e-mail add:[protected]@yahoo.com
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                                      ANSHU12345
                                      from Aurangabad, Maharashtra
                                      Apr 18, 2011
                                      Resolved
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                                      Resolved

                                      Address: Aurangabad, Maharashtra

                                      DEAR SIR,
                                      I HAVE MY LIC POLICY NO[protected].
                                      THIS IS A MONEY BACK POLICY. I HAD TO RECEIVE THE AMOUNT OF RS 20000/- ON THE DUE DATE OF FEBRUARY 2011. BUT NOT GOT THE AMOUNT BY CASH OR CHEQUE. SO ALSO I HAVE APPLIED FOR THE ASSIGNMENT FOR THE ASSIGNMENT OF THE SAME POLICY TO IDBI AURANGABAD BRANCH ON 28/03/2011. BUT THE RELATED OFFICERS ARE NOT ASSIGNING OR DELIVERING THE CHEQUE OF THE POLICY.
                                      WE HAVE BEEN VISITING THE OFFICE OF VAIJAPUR SINCE ONE AND HALF MONTHS. THE RELATED OFFICERS NAMED MR DESHMUKH, SHRIMATI GORE AND SHRIMATI YELDARKAR(? AS I DONT REMBERBER HER NAME) ARE NOT PROVIDINT THE PROPER SERVICES. I DONT LIKE THEIR MANNER THEY ARE BEHAVING WITH ME. I HAVE PAID ALL THE AMOUNT AS THEY HAVE TOLD. THEY ONLY SAY THAT THEY HAVE NOT CLOSED THEIR MARCH END ACCOUNT. IS IT OUR BLAME THAT THEY HAVE NOT CLOSED THE ACCOUNTS
                                      PLEASE VERIFY AND SOLVE THE PROBLEM
                                      Aug 13, 2020
                                      Complaint marked as Resolved 
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