Life Insurance Corporation of India [LIC] Complaints & Reviews

DEAR SIR,


Hello Sir/Mam,

My Policy Details are as follows:

LIC Policy No:[protected]

I lost my LIC Premium Receipt for the year 2010 to 2011
I want to submit the Premium Bill for my Tax Investment Proof.

It would be great if you could you send me the Duplicate bill to my mail ID: [protected]@yahoo.com

Its very urgent, Sir please do the needful ASAP.

Thanks in Advance
Tarun Garg

I have a Home loan (A/c No.[protected], Appl. No. 502892) with LICHFL since November 2009.

Due to some unavoidable circumstances, there was not sufficient balance in my bank account at the time the ECS was presented by you. i.e. on February 17th and it was returned by my bank. In fact, few minutes after that my account was credited with more than sufficient balance but it was too late.

I have been trying to reach these guys on every phone number on the internet but in vain.All the phone numbers are not reachable and all the email ids are invalid and get undelivered.

I finally spoke with Mr. Deshpande in recovery department this monday and he suggested that i send a cheque of Rs. 41000 (EMI of 20283 for 2 months and interest for non payment) so that the March ECS does not go bounced. He assured me that this is the best way and will re-instate the ECS from April 2011.

I have sent him a cheque (No. 364273) of RBS, Pune via First Flight courier on Tuesday, (March 8th) with AWB No. G14832343 which shows that it got delivered to him on 9th afternoon at 2 PM.

Since then i have been trying to reach him on[protected] and[protected] continuously but unable to reach him.

I am afraid about the cheque that i have sent and thinking of stopping the cheque tomorrow. Kindly advice.

Rs 20000 premium paid through online payment for the policy o[censored]LIP Health bearing no.[protected] dated on 9/3/2011.Online Receipt not received. details as follows

Date (Value Date) Narration Ref. No. Debit Credit
09-Mar[protected]Mar-2011) TO TRANSFER INB Life Insurance Corporatio LIC_Ref MSBI[protected]IG43766070 TRANSFER TO [protected] BILLDESK TRANSACTION A 20,000.00

Please take necessary action in this regard

Satyanarayan joshi
[protected]@gmail.com
cell-[protected]

I bought a policy LIC MASTER PLUS Table 181 on[protected] and the no o[censored]nits are not included. I must know how how many units I have bought and the NAV of each unit now I have bought the policy for Rs. 50000.The policy no is[protected]

Processing time will be delayed.

Agent will say the processing fee is very less. At the end of processing after 1month the manager will say that, processing fee is not less and will be 1% only.

You will ask for house loan closure period for certain years. But LIC will not discuss any thing and they will give their own period.

In the LIC for house loan you give some amount of bribe also for certain people out side the LIC. This type is not seen in the other housing finances.

I personally request don't go for LIC for housing finance.

This is bring to the public notice, LIC housing finance is in a bad condition. They will say the loan process will finish in 1wk duration.People will believe and submit all tha papers for work. Because of their word, people will make agrements for the house sellers for less than 1 month. After 1wk if you enquire about your loan processing status, they will say that it iscoming in next day and tomarrow. It will be delayed for 3wk and buyer will be tension. And LIC will people will say that, it was delayed only in your case, and our manager has already spoken. And we will finish rest of the procedures. They will take you to the lawyer for verification of house documents and they will ask for bribe. because you are in the bad situation at time, the processing time is becoming delay, and you don't have time and this make you pay that bribe to lawyer, notary, and house checking.

If you ask the regional manager of the LIC, they will say that we can't do anyting, you have to pay bribe. At this level you are in a bad situation, you cannot go to the other finance bank companies. Because you have already make comitment with house seller to give the check in month duration. Finally you things will be dalayed and you have to processing fee and bribe for certain people.

Finally it will be more what you are paying to LIC compared to the other banks.

I personally feel don't go for LIC for housing finance.Same thing has happened to me.

DEATH CLAIM IN RESPECT OF VIJAY PRATAP SINGH
(POLICY NO[protected]


Dear Sir,




1. My husband Mr Vijay Pratap Singh who was a Senior Journalist of Indian Express suffered “Bomb Blast Injury” at Allahabad (UP) in alleged attack on a UP Minister on 12 Jul 2010 at 1130h. The incident occurred while he was giving media coverage for a minister visit to Allahabad. He was immediately hospitlised to Jeevan Jyoti Hospital, Allahabad. Subsequently on 13 Jul 2010, he was referred to Army Hospital R&R, New Delhi for further treatment, later on he died on 20 Jul 2010 at Army Hospital R&R, New Delhi.

2. We had submitted complete documents including original LIC Policy, Death Certificate of RR Army Hospital, Postmortem Report and other relevant documents in Nov 2010.

3. Till date the LIC has not decided the claim. It is very astonishing that the NOK had to run around to get the claim, where as your prestigious company claims that the benefit of LIC will be given as earliest as possible. But four months had already passed and there is no response from the LIC, instead when LIC is approached they say relevant paper have been send for verification. As my husband died due to “Bomb Blast Injury”, in alleged attack on UP Minister while giving media coverage to the minster visit at Allahabad, there is no ambiguity regarding the accident.

4. My submission is that, if the NOK have to run around like this, what is the benefit of getting one insured through LIC. If some verification is required, special courier should be dispatch at the verification office or required place to speed up the proceedings.



5. It appears that there is delay factors on part of LIC. After waiting for four months I am forced to write to you for necessary action of India.


YOURS FAITH FULLY

shashi singh w/o late vijay :

I would like to bring to your notice the arrogant and unprofessional behaviour of your agent,Mr K.V.Mohandas-agent 01246925,DO 0004986.I have a jeevan Aasha II policy since 2003 from Mr Mohandas.As i needed money for my proffesional reasons,i asked him to come to me withthe surrender papers.He came to my office on the morn of 8th March and threw the papers on my table.the form was not filled as i expected him to do as my agent.He asked me to stick a revenue stamp and sign.when i asked him for the stamp,he replied that its not his job to do it,he doesnt move around with the stamp.i have to get it myself if i want,he is not responsible to do these things.He arrogantly stood up,asked me get the stamp,sign and then send it to him.
I asked him to leave my office immediately which he did without a remorse.
My brother,Dr Meenesh Juvekar,has had a similar experience with him 2 years back and had discontinued him as his agent
I am extremely disappointed with this incident and the fact that LIC has such unproffesional workers who eventually tarnish the image of the company.
I request you to kindly look into this matter in earnest and at the earliest to safeguard your reputation.
Dr Manjiri Juvekar
Chembur,Mumbai-71
Tel: [protected]
E mail:- [protected]@yahoo.com

I am R.Kamaraj, policy holder of LIC's "Varishtha persion bima yojna" scheme. My policy Number is[protected].

So far, I was receiving my post dated pension cheques well in advance. However, for the financial year[protected], I am yet to receive the post dated cheques.

Kindly arrange to send the same at the earliest.

My postal address:
R.Kamaraj
FF5/ 25 "B" Block,
Senbagam Apartments,
Tiruchirapalli-620 001.
Tamil Nadu
Mobile:[protected]
email:[protected]@rediffmail.com

MY POLICY NO.[protected] FROM LIC OF INDIA, MY MATURITY AMOUNT RS. RS.35,120. BUT MY CHEQUE AMOUNT IS RS.20,291/-. THE DIFFERENCE AMOUNT IS RS.15,589/- IS TO BE NOT GIVEN IN MY POLICY. IT IS FORGERY FOR ME AND COMPLAINT TO IRDA FOR WRONGLY DEDUCTIONS. MY CELL NO.[protected]. POLICY HOLDER'S NAME : K.PACKIAM, THE NEW INDIA ASSURANCE COMPANY, TALLAKULAM,MADURAI -625002.

The Manager,
Life Insurance Corporation of India,
Branch: 11E, Kamla Nagar, Delhi. 110007.

Subject: Dis-honouring of Cheque issued by your branch.

Sir,

Cheque No. 658406 micr no.[protected] dated 2.4.2010 fir Rs. 30,200/- (Rs. Thirty thousand two hundred only) issued in favour of Sanjeev Nanda in full and final settlement of the LIC growth scheme was deposited with my Banker M/s Punjab and Sind Bank, E/c JKPP, Shalimar Bagh, Delhi 110088 and is received back as bounced on 5.5.2010. The Manager P&SB also failed to advise me regarding the dishonoured cheque on 15.4.2010, till I personally visited the Bank on 5.5.2010 for withdrawing the amount.

It is a pity that rather surprising, that the Govt. Cheque has started bouncing
even when the amount deposited by me is being refunded without any benefit for three years. It amounts to gross negligence on the part of staff and deficiency in service, which kept me unable to withdraw my own money. I am legally advised to lodge a FIR for dishonouring of cheque, but before I pursue and take action as legally advised, I took this opportunity to approach you for the wrong thing done by you.

It is therefore requested that the person responsible for this act should sternly taken up and advise to me and the compensation for causing mental agony and harassment may please be granted to the undersigned.

Thanking you. Yours faithfully’

(Sanjeev Nanda )
Dated: 6.5.2010 CC 57-B, Shalimar Bagh,
Delhi. 110088
Please connect my email sent to LIC and Pb & Sind Bank for taking up the issue.

Hi,

I am lic agent and my code is 02627-70N. Please tell me how to get the portal user name and password.

Regards,

Chitra .P...

Received a letter from LIC of India MOTI NAGAR Branch 129 stating maturity of policy no.[protected] amounting Rs.236200.00. Written by LIC itself. But when I received the amount it was Rs224400.00.Contacted branch in person. Nobody could able to explain why deduction was made. I have both the documents with me. Written to branch manager , E-mail to branch manager, divisional manager, customer zone but no action by officer. It looks nobody is interested to reply. POLICY NO.[protected], ARUN KUMAR KATHURIA, F-49, KIRTINAGAR, NEW DELHI-110015

DEAR SIR
I AM DESH RAJ FROM GURGAON. I WANT TO
CANCEL MY POLICY. REASON AND DETAILS
ATTACHED.


THANKS
DESHRAJ
[protected]

Dear sir
Today i transfer my premium Rs 1580.50 by net banking axis bank acc. no [protected] to LIC policy number[protected]Rajesh Kumar) first time show sum earr so i try to pay after 10 min in ii nd time. in 2nd time muny transfer is succesfull but mony deducted in my account in 2 times that is Rs3161.
pl refund my excess transferd mony as soon as possible


Rajesh kumar

Complaint against LIC Housing Finance Ltd., Asaf Ali Road, New Delhi, having misguided me for approval of loan - File No. 30490
[protected]
I was sanctioned loan of Rs. 15,30,000/- on[protected] under Griha Prakash Scheme by LICHFL Janakpuri Branch Vide File No. 407279 against a Residential Floor in “SRS Pearl” Sector 87, Faridabad. On receiving a demand Notice late from “SRS” when I approached LIC for making remittance to SRS, they refused to do so, saying that validity of sanction was only for 6 months and hence advised me to make a fresh application.

Accordingly I submitted a fresh application (complete in all respect) vide File No. 30490 with their branch in Asaf Ali Road, New Delhi on 1st November, 2010, attaching photocopy of “Loan so already Sanctioned,” together with a cheque towards their process fee. After this I chased up constantly with all the concerned officials and I was always given assurance that since the loan has already been sanctioned by LIC Janakpuri Branch, very soon I will be receiving a fresh sanction, but on the contrary I am now being verbally informed after 4 months having not sanctioned the loan on account of reasons best known to them, which news came to me like a blow.

Since the day I received the above information I have been running from pillar to post, writing Registered letters/sending email messages not only to Regional Manager (Mr. Mahinder Kumar), but also to other concerned authorities in LIC but with no response till date and hence, I approach your good office for intervention in getting my loan sanctioned at earliest as it was sanctioned earlier by LICHF, Janakpuri Branch. Copy of sanction has already been attached with my Message on 17th February, 2011.
Looking forward to receiving an early sympathetic consideration.

Regards
Rajesh Malhotra
L-2/142-B, DDA Flats, Kalkaji, New Delhi 110 019
Mob. [protected]
e-Mail ID: [protected]@yahoo.co.in

Respected sir/madam, I Dr. Ruksana Shakil Shikalgar, have entered in Jeevan Saral policies No.[protected] &[protected] of Rs. 50442/- each D O C 12/03/2010. But on the basis of some wrong blood report premium was increased to Rs. 56287/- each which was paid by me accidently. my blood report of other reputed labs are normal. I feel it is injusties to ask me to pay higher premium. I & my husband both are postgraduate allopathy doctors. Both are entered in Jeevan Saral at same time believing on LIC only. some days back Ihave wrote letter to cancell my both policies. Till date have not received any payment. I herewith appeal you to solve my problem earliest as due date of payment is nearer

To,
The Manager
LIC Housing Finance Limited
Laxmi Insurance Building
Asaf Ali Road
New delhi.

Sub: RELEASE OF ORIGINAL DOCUMENTS of Residential property (Registry papers/Building Map)

Dear Sir/Madam,

It is to bring to your kind notice that I have a Loan A/C with your company M/S LIC Housing Finance Ltd under the Loan A/C No.[protected] by the name of Laxman Singh.

It is further requested that I have deposited my following documents with your Finance company at the time of application for loan vide application no.12335, the above said loan is fully prepaid by me vide three cheques drawn in favour of your company as per below mentioned details.

1) Kotak Mahindra Bank - 5,[protected] 06 ( current account ) 08 september 2010 cleared from bank
2) Kotak mahindra Bank - 1,[protected] 11 ( current account ) 05th october 2010 cleared from bank
3) HDFC Bank - 1,09,[protected] saving account ) 18 december 2010.cleared from bank

I have personally visited your bank today for the fifth time along with all the documents related to preclosure of my loan account dated 16th december 2010 but my documents were not rleased by the dealing executive.

I am attaching the scan copy of the documents which were presented to you but it was stated that the same are insufficient for the release of my Original documents of Property ( Registry / Approved Building Map etc.) You have earlier given reason that the server is not working due to which the File is not traceable now you say documents are inssuficient kindly advise which document is required.

I have applied for a Loan against the above referred property and due to your unprofessional attitude of working my loan file will be rejected for which I reserve the right to take suitable remedy in the court of law.

You are requested to reply me on this subject and advice by when our documents will be released as you are harassing me by delaying the release of Original property documents which I feel are either lost or misplaced by your office due to which every time I visit your office you have new reason to deny the document release.

Also give me complete summary of A/C stating the payments received by you from day one of loan to the completion of loan account in december 2010 as a customer I have the right to know above information kindly provide the same at earliest.

Best Regards
Laxman Singh
Phone Number : [protected]
e.mail: laxman.[protected]@gmail.com

I have sent the EMI for the month of Feb 2011 by cheque for which I have also got a provisional receipt after a period of one week. I have received a letter which said the cheque was dishonored. And the reason they have quoted is it is STALE. So they wanted me to approach the area office to make the payment (with additional interest) by CASH ONLY. So I have sent a messenger to make the CASH PAYMENT on 28th Feb. They have made him to wait in the Q for one hour and sent him back stating that the time is over.
So I have sent the same messenger again on 1st March. After waiting in the Q for more than an hour he was told this time that they do not accept CASH PAYMENTS.

When the messenger informed this over the phone I have instructed him to stay back in the LICHIL and I tried to talk to the concerned officers of LICHFL of that particular branch over the phone.
To my dismay I was told that I could not talk to any one starting from the Manager to the officers concerned as every one was busy in a meeting. when I insisted they put my call on hold for full 10 minutes and at the end it got disconnected. Again I tried. and this time I wanted the person who attend it to connect the call to the Manager Recovery. To which I was again told he was also in a meeting. When I insisted again I was put on hold and ultimately it got disconnected. Again when I tried, a different person came on the line and he said every one in LICHIL is busy and hence he could not connect this call to anyone.
When I insisted for the very first time he asked me what my problem was?. I have told him about the Letter which wanted me to pay by CASH and the officers in the LICHIL who refuse to accept CASH payment.

He said he will meet my messenger and help him to make the payment by CASH. But again when that (He was not ready to reveal his name or designation) person met my messenger he was told the same story and none of the managers or the officers was willing to meet him or take a look at the LICHFL letter which wanted me to make the payment by CASH. When I was told about this by my messenger i again called the LICHFL number and the person who came on the line said he cannot answer to the mistakes of the RECOVERY DEPT and abused me and stopped shot of calling me an .

I want to know why LICHFL communicate one thing and do exactly the opposite. Why do they write in BOLD LETTERS to make the payment in CASH. and refuse to accept it when customers approach them in person.

Worthy Sir/Madam,

As all the national newspapers and news television channels are informing that the exam of LIC for the post of AAO which was held on Sunday 27 Feb 2011 was leaked one day before.
Hence I request to cancel the exam immediately and further request to take the exam again because those who have purchased the leaked paper, did not deserve for the selection in any condition and if they get the job chance then what will happen with thousands of those students who were really deserving.

I am also one of those candidate who is looking with a hope to take the exam again with strict security.
Please do the needful as soon as possible.

Yours truly,

Anil Kumar Grewal
[protected]