Life Insurance Corporation of India [LIC] Complaints & Reviews

dear
sir , i paid the money plus policy for the 3yrs i paid the full amount,, yearly-Rs10,000x3YRS
TOTAL -Rs30,000
When i surrender the moneyplus polcy at 13/01/2011 at 15.30pm
but when the registering the time was 15.33pm
and the shown the qutation amount around Rs30,250 when i saw the qutation i surrender the
documents and i got the acknowledgement,

when the check was came on 28/01/2011
the amount was of Rs29,391 the have taken the next day nav value on 14/012011

There was difference on the qutation amount and the check when i receive
The have not taken the nav value correctly

policy no[protected]
email- [protected]@gmail.com

Hi there,
This is M B Venkatarao from Pune, basically I am from Anakapalli and I had a many policies in LIC and one of with my parents name for health and I am paying this from last two years. Last year (2010) my father was hospitalized due to some health issues. I am sure that we submitted all required documents agent also verified and confirmed that all documents were proper and enough for claiming.
After July month they (agent & Development officer) started telling your cheque was dispatched and you will receive with in 8 business days.

In November month at the time of deewali I went to home town and I enquired at Zonal office in Visakhapatnam about claiming, they checked and informed that no claims were received to Zonal office from Anakapalli branch on that Name (My fathers name).
Next day I went to Anakapalli branch and I reported to Branch Manager and I submitted in written complaint at that time he discussed with branch agent and DO and he (BM) promised that from your side all documents received and I will take this as priority and do the needful. at the same time he confirmed that no need any further documents from your side and if any documents required agent/Do will take care.

Recently (jan 28'2011) I went to Anakapalli branch again and discussed with DO - he is still saying that - My claim under still process.

Now the problem as a customer I went to LIC branch in Anakapalli to discuss with manager - Straight away manager said get out from office infront of all you are not the customer, you are not the customer at that time my wife was with me she was shocked and she started argued with BM what was the reason - She only used the word both of you getout. Now I dont have time to discuss with you.
In Nov/dec I sent three/four mails regarding status he didnt replied for any mails, he replied only for one mail that your claim still under process you can contact DO, you are a valuable customer. he only gave his email id and visiting card.

From pune I can go to home town to spend some time with my family, after investigating in LIC every time I am spending in LIC office atleast for two days.

Request you to please do me the needful.

Regards,
Venkatarao MB

I had applied for a HOME LOAN from LIC HFL SWARGATE OFFICE. After a lot of frustrated attempts and umpteen visits to the office, the LOAN (Loand Account No. 506043 - 9.25% FIXED FOR FIVE YEARS) for Rs 12 LACS was sanctioned. Out of the Rs 12 LACS, Rs 9 LACS was disbursed and I had opted for BROKEN PERIOD OF INTEREST. I have also submitted an ECS MANDATE so that my payments could be directly deducted from my Savings Bank Account.

The first BPI for the month of December 2010 amounting to Rs. 2280 was paid thru' ECS after receiving an advance SMS INTIMATION.

This month I got a call from LICHFL REP and was asked to SUBMIT a CHEQUE for Rs 11,034 which is the EMI for the entire disbursement of Rs 12 LACS. They told me that my ECS MANDATE was rejected which was for Rs 11,034.

I fail to understand how LICHFL can send an ECS for the FULL EMI amount when I had specifically requested for BPI till the time the entire amount was not disbursed. My BANK Deducted Rs 276.00 as ECS MANDATE RETURN CHARGES for no fault of mine. LICHFL SHOULD REIMBURSE THE SAID AMOUNT.

The LICHFL rep just do not understand and speak in a very harsh tone.

I sincerely felt that LICHFL being a Government of India enterprise would provide HIGH SERVICE LEVELS. But my experience was totally contrary. The Service Levels are absolutely pathetic and the Staff Behaviour very arrogant.

Would be grateful of the same could be taken up in the right forum and issue addressed.

Thanks & Regards
C. Hari Krishna
Mob.: [protected] (Pune)

Dear Sir

I was booked a flat from Rashmi Builders in Nallasopara (RAshmi Complex). I was done the Down payment of Flat and For remaining Amount I was applied loan from LIC Housing Finance -Virar Office. I was meet Mr. Santosh Mishra (Lic Agent) he told me that we will pass your loan from LIC Housing Finance.

I was Applied the Loan of Rs.630000. I was Submitted the All the necessery Documents in LIC Office in june 2010 and I was got the sensaction letter from the LIC on 30/06/2010. But till my loan has been not disbures yet, In loast 8 month i was done srval followup's with them and every time i was got the answer that we will disburse the same & confirm you in next 2 or 3 days. Later is was spoke to the The Branch Manager Mr, Harshal but his respoce is also not satisfactory.
Now builder was charring the Interest on my Balace Amount.
Please Help me out from this

Rakesh Kocharekar
[protected]

Hi
I Pankaj Kumar holding a policy by the name of my Father (Late. Suresh Singh) Policy no[protected], my father was expired in the month of july, few months back only they took a policy, after his death we are struglling for claim of same. first of all we never got our Bond, and after that same agent is demanding Rs.10000/- for claim settlement. i belong to very poor family and my boss is helping me.
below iam mentioning details for same agent. i request you to take some strong action against these kind of peoples.
Details:-
AGENT NAME :- MANOJ KUMAR JHA
AGENT CODE:[protected]
MOBILE NO :-[protected]

THANKS
Pankaj
[protected]

I RAJEEV KUMAR RAI HAVEN'T RECEIVED CHEQUE/DRAFT RELATED TO MONEY BAG RETURN OF POLICY NO:[protected] ,DOC: 28/05/1995 .My address has been changed , I have given intimation to Goplanganj lic office and filled the required address changed form and submitting to branch manager.But till date i have not received my cheque. after enquiry i came to know that the cheque has been sent to my previous address and it has been returned to Gopalganj lic office address.After this i met branch manager ,he told me that cheque be send to you with in a week i.e. 22/12/2010.But unfortunately i till date i have not received the cheque till date.

I am deepak srivastava IFS(FOREST) officer currently posted in Trichy, Tamil Nadu.I have applied for housing loan of Rs 25.00Lakh from LIC HOUSING FINANCE LIMITED,NOIDA on 3 Jan 2011.My earlier loan of Rs19.00Lakh in file no-609747 got cancelled without any written notice.My builder(SRS REAL ESTATE PVT LTD,FARIDABAD)is regurarly asking me the payment with penal interest.I am desperately trying to contact AREA MANAGER,NOIDA(Ms Laksmi) over her mobile no-[protected] but constantly no response.I am really feeling great disapointment and developed a strong feeling that getting housing loan sanctioned is a most difficult thing .

hello sir i am santosh dhapte my credit card no [protected] i get credit card msg regarding lic policy premium dues payment made by lic credit cardbut these policy due i already paid also i am nt open card kit till.how u do double payment ? pl revarse my credit card bill i
am nt paid this amt with late fee i[censored] nt replay before due date.

Dear Sir,
I am having your policy[protected] since last 5-6 year.I have paid all my premiums within time limit but unfortunatly you have'nt paid my money back amount which has been due since November 2010 till date.I have consult/complaint in nearest branch office several time and they have assured me for paying the amount but neither they have paid me my money back amount nor given me proper response till date.I have lost the interest amount of the said above amount.
So I request you to kindly instruct the branch office for refund me the 5 year money back amount with interest.
Thanking you,

RINKI THAKUR (Policy No.[protected]
Plot No. 565, Kalyan nagar, Behind India Oil ,
Bhanpur Road,BHOPAL (M.P)

To
The Manager
LIC Housing Finance
Faridabad

Sub-: Payment of waived levy Charges of AC 11056068
Dear Sir,

This is to bring to your notice my grievance regarding my loan account no. 11056068. I submitted my full payment of the loan along with the waiver application on 19th November as suggested by Mr. Atul of your office (When I went regarding full payment). I was told by your officer (Same given in writing on the quotation ) that the money waived would be reach us in the form of cheque payment once the full payment will be done. With the Waiver application I attached the bank statement of mine and my father as suggested by your officer.
Science there was no response on 10th December I enquired with the Faridabad office. I was told by Mr. Atul to take prior appointment with the head office (Asif ali road, Delhi) to collect the original documents and cheque of waived money. He also gave me ph. No. of head office to take prior appointment. Head office fixed 17th January 2011 as appointment date.
Upon reaching the head office with all documents (bank statements ,I D proofs) the officer sitting there returned the original documents. But he didn’t give me the cheque saying that he had not received any communication from the Area Manager ( Faridabad) regarding this. I submitted a complain there regarding not receiving my cheque.

Science nothing has happened in this regard and I haven’t received the cheque promised me, I request you to immediately do the needful.

Respected sir, the money is absolutely necessary for some hospital needs of my family. I request you to send the waived money by cheque as soon as possible and relieve of my mental agony.
Thanking you
Your truely
Akshay Mani Upadhyay
A/C No 11056068
Add :
H.No. B-1/54 IInd floor
Sec- 57 Sushant Lok 3
Gurgaon
Mob- [protected]
[protected]
email; [protected]@gmail.com

Dear sir,
My policy No. is[protected] and Im unable to register my details to login. After filling my policyno, premium valua, date of birth, email address as u asked., Im getting response as it is already registered. However, I didnt register in past.
Please look into the matter and cancel previous registeration if at all it is already registered.
thanking you sir,
yours faithfully

kamakshaiah
Nellore, Andhra Pradesh

Dear Sir,
I have opened a policy of LIC from Ranchi (Jharkhand) through ECS (Electronic Clearing System). The premium of the same has been deposited at PWD office Branch Pratapgarh (Uttar Pradesh) for the month of Jul 2010 and Aug 2010 on 20 Aug 2010, but the same has not yet been credited or deposited on my policy and no action has been taken by the above branch. In view of the above I have facing Penalty / late fees of deposit of Premium. Hence you are requested to do the needful.

My name is Ganesh Giri and policy number is[protected]
I did online payment through licindia.com on date 27/09/2010 of amount 1408.00Rs than next month the same amount deduct my axis bank account 27/10/2010 of amount 1408.Rs
The same amount is debited from my axis account(durgapur Branch) where it is not credited into my policy account
Will my amount be credited into axisbank account ? Please help me
Regards,
Ganesh giri
Thanks& regards
Ganesh giri

Respected Sir,

In this connection it is submitted that my father has been expired before 8 month ago and his name of Data Shankar Tiwari, They had (03) three LIC POLICY that 10 years old LIC Policy and we have submitted the all details of policy paper before one month ago in Patana Branch -.but no any response given the LIC Department. when I asked the LIC Office what happen about my Father policy they told me manager today on the leave.

All policy file submitted in Patna Bihar Branch

1. POLICY NO.[protected],
2. POLICY NO.[protected],
3. POLICY NO.[protected],


Kindly request to you please solved my above request and release the LIC fund in my mother account

THANKING YOU,
PANKAJ TIWARI

dear sir,
i am a costumer your lic co.my problem is more than policy me &my family
all policy pement is dues,so sir total polyci"s close and one by one policy start
plz. help me
sorry my wirting is uncorect
thank you your trusty
sudhakar chandrakant [censored]ole
e-mail:-sudhakar.[censored][protected]@yahoo.com
bhasha;marathi mob.[protected]

Sir,

I have applied for LIC credit Card, once in a time but my application is rejected due to signature difference, and they has called my for apply with correct signature. so i have applied that application once again. but i dont have got the status which my application is selected or rejected. kindly give the status details.

Thanking you.

Yours faithfully,

M.V.K. Kishore Babu.

Ph.[protected] and [protected]

LICHFL faridabad office is place of non working govt officers. they do not respond to phone calls, no answers to qureis. Even Area Managers email bounce back so you cannnot do anything.

LICHFL says that they have no prepayment charges(if done by own sources)
But in sanction letter they mention 2% prepayment chares.

I did a prepayment and they asked for 2% charges. When I informed that it was told that there is no prepayment charges, that LIC memeber (Atul) laugh like daemon and said "written me he tumhare pass"

After lot of fight he took a written application from me to return my prepayment penalty charges...but no action yet

I tried calling their office and area manager, but no response....

dont know when will we have consumer centric approach from this real state daemons(be it buider or loan lender) I am totaly frustrated with LICHFL employees

Sir/Madam,

I forgot my LIC Indias user id and password please help me as soon as possible.

Policy No[protected]
Premium - 2042
Date Of Birth - 10/05/1957


Thanks & Regards,
T Ramanarsaiah

I have the Advantage five Home Loan from LICHFL for the property in BADLAPUR and just received two installments from them sum of Total 6,40,000 and the rate of interest is 9.25% fixed for the first five years.
But in the letter we received with the cheques,I found the EMI amount
( 8227.00 )calculated is more than it should be.
My agent told me that it is due to Printing mistake and will get clarified.
dont know what to do?

Dated: 20.01.2011

To,
The Branch Manager,
Life Insurance Corporation of India
Jaynagar Sattelite Sampark Office
Service Branch Code No. 542
Madhubani, Bihar

Sub: Not Received Bond Paper

Dear Sir,
Let me know about my policy bearing No.[protected], had been enrolled in the month of June ‘ 2010, but till date, I have not received Bond paper against my policy....