Life Insurance Corporation of India [LIC] Complaints & Reviews

LIC is asking for post mortem report, magistrates certicate, statement of witness, FIR report , Local doctors,report even after submitting a number of papers like death certificate, doctor's statement in the prescribed form of lic,

This is a vicious circle. After submission of papers a new letter comes asking for something new. the policy is of 40 000 Rs. I requested them to give me back the amount of paid as premium, they say it is not possible because the policy is joint and the other partner is dead. I have foolishly invested around 46000 in various policies. I have stopped paying and discontinued all other policies as i am sure my nominees cant get anything as the procedure is dam slow, complex, non cooperative, and even agent does not take any interest.

LIC I beleive is good if a person does not die.

dear Sir,

i got an sms reg ecs deduction amount for rs 16589 whereas my regular deduction of emi is 15390 as per the sms they asked me contact 23440533 for clarification. then i enquired about the details about deduction amt the above said no to my surprise nobody is in a position to clarify and they have given my other no 23440531 there i enquired the lady told we are not concerned and she gave another no which is not working.i am very much upset with the way LIC people of Ameerpet/central office is dealing with the customer.I tried to contact secunderabad branch where as no response on the phone. I am vexed with service of LIC empoyees.pl. resolve my problem.

regards

Nagalingam
[protected]

I applied for LIC Housing Loan for Rs.38 lakhs vide application no. 618510 on 28.04.2010 through an agent attached to Vashi LIC Housing Finance Branch. The agent collected the application along with all the necessary documents and upfront fee cheque of Rs. 5515/- vide cheque no. 133363 of SBI, BARC, Mumbai-85. The agent informed that he will submit the upfront fee cheque only if the entire loan(Rs.38 lakhs) is sanctioned. To my surprise, I found that my cheque was en-cashed without my knowledge with lesser sanction amount. I met Mr. Laal (Mob.No.-[protected]), Area Manager, Vashi and explained the matter. He agreed to refund the upfront fees and advised me to submit a refund application. Accordingly, I lodged the application for refund on July 14, 2010. Thereafter, I pursued Area Manager for refund on several occasions either in person or over telephone. I last visited his office on Jan 29, 2011. Till now I could not get the refund. Meanwhile, I took the loan from a National Bank as there was pressure from my builder's side.

I could not expect this kind of attitude from an Institution of repute like LIC Hsg. Finance. Being a Class-I Central Govt.Officer with lot of responsibilities, I find it very difficult to pursue the issue with LIC Hsg. Finance.

With this, may I kindly request your intervention in the matter for redressal and early disposal.

Thanking you,

With warm regards,

SUSHIL KUMAR GARAI, Scientific Officer, BARC

Tel.[protected]R), [protected] (Mob),[protected]O)

04.02.2011

Sub: Option for Annuity payment by NEFT

I have given my confirmation on the above subject on 30.11.2010 but not received any confirmation from LIC whether they are sending my Pension through cheques or NEFT (through bank).

Please confirm soonest

VIJAYANANDAN. K Flat No. 449, Pocket Q
Dilshad Garden, Delhi-110095
Tele: 22120305/23018802/[protected] 26 Jul 2010.

To Public Grievances Cell, IRDA, 1st Floor,
Jeevan Tara Building, Parliament Street
New Delhi-110001,Tele: 155255, 23747648,Fax: 23743397.

CLAIMING OF COMPENSATION FOR LOSS OCCURRED DUE TO
DELIBERATE NEGLEGANCE BY LIC MAYUR VIHAR BRANCH
( MONEY PLUS POLICY :[protected]
Sir,

1. I had taken a Regular Premium Money Plus Policy[protected] for Rs 10,000/- from LIC Mayur Vihar Branch(12 F) in Feb 2007 through an agent. When I came to know that the unit allocation charge for Regular Premium mode is exorbitantly high(26.5%) through internet on 26 Mar 2007 even before printing the policy a request was sent to the Branch Manager to change the premium mode from Regular to Single mode. However despite my repeated requests, though no where it is written that the premium mode can not be changed, the mode was not changed. When the branch rejected my request immediately I asked them to cancel the policy and refund my money Rs.10,000/- with interest. They did not do that also and finally after completion of the lock in period of three years only they refunded me Rs.6535/- that is Rs.3500/- less than that of principle investment. Due to their deliberate negligence I have to bear a loss of about Rs.10,000/-. Had I deposited the amount of Rs.10,000/- in NSC or any bank I would have earned minimum interest of Rs. 3000/- for three years. Over and above I have wasted a lot time, energy and money for unnecessary correspondence.
2. All this happened only because of the irresponsible and erratic functioning of the LIC Mayur Vihar Branch. It is therefore requested that a thorough enquiry may please be conducted into the whole incident and fix accountability on the erratic staff. It is also requested that a suitable compensation(at least Rs.10,000/-) may be paid to me which is to be recovered from the staff responsible so that such lapses will not be recurred in future. Copies of policy, previous correspondence etc are enclosed for ready reference.
Thanking you, Yours Faithfully,



(Vijayanandan. K)
Copy for info and n/a to:

1. Shri. Neeraj Agarwal, Regional Manager, LIC
Jeevan Bharti Tower-II, 124 Canught Circus
New Delhi-110001.(Tele:[protected]

2. Dist Consumer Protection Council, Dist(North East)
Dist East, Mayur Vihar, Delhi.

3. Director, Public Grievances, Sardar Patel Bhavan, New Delhi-1
(Ref their letter No. DPG/1/2009/00027 dt 23/2/2009)

4. The Indian Express, New Delhi-2

Dear Sir/ Madam

Please change my new email adress new id : manokar.[protected]@sodexo.com

Policy no:[protected]

sir,
I HAVE TAKEN A LIC POLICY NO.[protected].IT IS A MONEY BACK PLAN MY MONEY BACK CHEQUE IS DUE ON 30/11/2010. BUT I HAVE GOT MY CHEQUE YET NOW
PLEASE HELP .............

Hi,
It takes a very crucial for me to login to the portal of http://www.licindia/in as a customer. Everytime I try login there either it takes too long to loag the login page or else the connection loses out. I hope this is no phishing issue. Please check and do the need ful...

i am having a policy no [protected] table no 129-122 which is a pension policy for that i am getting RS460 Cheque per month. from the date 1/6/2009 till now i did not get any cheque ,i approach many time in local office but no benifi and i send one registered post to LIC office newdelhi.please help me .my details are as follows-name-Smt SushIla devi sharma w/o late shri vishnu dayal sharma .policy no.[protected] serialno.129122. old address -SMT SUSHILA DEVI SHARMA,SITA BARI,KARAULI.(RAJASTHAN ) new address -SMT SUSHILA DEVI SHARMA,PLOTNO.10, SATYAWATI VIHAR COLONY KARAULI(RAJASTHAN)

Dear Sir,
i Nirmla Rani. i had taken a loan under loan A/c[protected] in june 2006 (for 12 years and EMI is 12992/-) from lic housing finance Ltd.
SCO-18, Feroz Gandhi Market, Ludhiana.i had taken it a fixed rate of interest but after that they are changed into floting rate without
any periour notice, which bank cheqeus i had given them that bank account had closed by me. i had inform them by written letter. but after that they charged me cheque dishonour . Now that additional interest Bank charges recovery charges all are unjustified.

kindly help me get this done

Regards-

Nirmla Rani (Rajiv Bhandari)
[protected]

My name is Arun

forgot LIC user ID and password

My DOB is 02/03/1975

My policy number is[protected]

My mail ID is [protected]@gmail.com

Please provide as soon as possible

Hi

My name is Gowri Shankar D

below are my LIC Policy No's in my name(paid on Nov 2nd week 2007 and total premium amount paid for the year 2007 is 56400).this is for tenure of three years until 2009.but unfortunatly due to serious personal reasons I was nto able to pay the premium for 2008,2009.after the expiry period,I requested the office to get back my premium amount whatever can be returned back to me after the LIC norms.but there were no response for nearly long time and it is 2011 now.I need the soultion for this.kindly do the need.

policy numbers are

1.[protected]
2.[protected]
3.[protected]
4.[protected]
5.[protected]

my e-mail id : gowri.[protected]@yahoo.in

EE[protected]CN





　 my parcal was handed over to Customs(REPUBLIC OF INDIA MUMBAI PAR) at[protected]:41:00 but still not recived to the delivery address i hope some thing should happen for this problem

　
Timing Site Status
　 [protected] 14:00:00 ZHANGJIAKOU Posting
　 [protected] 16:30:21 ZHANGJIAKOU Despatch from Sorting Center
　 [protected] 10:38:34 BEIJING Arrival at Sorting Center
　 [protected] 17:33:51 BEIJING Despatch from Sorting Center
　 [protected] 09:42:00 REPUBLIC OF INDIA MUMBAI PAR Arrival at Sorting Center
　 [protected] 11:41:00 REPUBLIC OF INDIA MUMBAI PAR Handed over to Customs

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 .