Life Insurance Corporation of India [LIC] Complaints & Reviews

Complaint No: 277828 Date: 18/10/2010
Source: PORTAL
Details:
I have surrendered my policy no.[protected] at madurai. the policy had been booked as per NAV dated 23.09.2010. Till date I have not received the cheque for the same. there is no response from the respective branch, stating delay in computer booking and other reseaons. LIC's after sales service is very poor, compared to ur marketing of Policies. Please...

MY LIC OF INDIA POLICIES NUMBER[protected] AND[protected] NEEDED TO BE TRANSFERED TO MUMBAI. I HAVE SUBMITTED ALL THE REQUISITE INFORMATION AND FORMS DULY FRANKED THROUGH THE BANK TO LIC OF INDIA UDHAMPUR OFFICE BRANCH 13K FOR TRANSFER OF THE POLICIES. EVEN AFTER A PERIOD OF OVER A YEAR MY POLICIES HAVE NOT BEEN TRANSFERED. DUE TO THE I FACED DIFFICULTIES IN MAKING PREMIUM PAYMENTS AND NOW MY POLICY HAS LAPSED. LIC OF INDIA IS REQUESTED TO...

Sir,
1) I HAVE TAKEN MONEY PLUS POLICY ON DTD[protected] HAVING POLICY NO.[protected] AND PAID INSTALLMENT OF RS.20000 FOR 3 YEARS I.E.2007,2008,2009.WHAT IS THE TOTAL FUND VALUE OF THIS POLICY?
2) ALSO I HAVE TAKEN MONEY PLUS POLICY ON DTD[protected] HAVING POLICY NO.[protected] AND PAID INSTALLMENT OF RS.10000 FOR 3 YEARS I.E.2007,2008,2009.WHAT IS THE TOTAL FUND VALUE OF THIS POLICY?
3) I HAVE TAKEN FUTURE PLUS POLICY ON...

Hi,

I have a loan with LIC Housing Finance Limited. I have given an ECS request to debit the EMI on 14th of every month. The EMI was coming on 15th of every month and the amount was getting deducted without any problem as I used to keep the amount from 13th end of day. This month, to my surprise, the EMI came on 12th morning itself and got returned as there was no money when it came. However, I put the money in the afternoon...

I surrendered the policy on July 18th 2010. Before surrendering the policy I checked online and it shows if I surrender the policy I will get only Rs.44970 even in the LIC office in Trichy they showed in their system that I will get the same amount. Now I got information from the office that the amount differs and now I will get only Rs.31000. I would like to know is there a problem with the LIC Website and the LIC office system which shows...

Please note that there is change in my residential address for my money back policy no.[protected].

Current residential address is :
Mandar A Joshi
R-201,Sumit Classic,
Near Municipal Garden,
Sadar, Ponda-Goa.

I had communicated the same for other policies.

Thanks...

From: sumanta basu <[protected]@yahoo.com>
To: lichfl[protected]@vsnl.net; [protected]@lichousing.com
Sent: Fri, 8 October, 2010 1:51:29 PM
Subject: Interest Charges due to delayed disbursement by LIC HFL ( Loan A/C NO :[protected]

To

The Branch Manager

LIC Housing Finance Limited,

FF-8, Rama Palace, Ajronda

Near Neelam Flyover,

Faridabad,...

I HAVE TAKEN AN HOUSING LOAN FROM LICHFL IN THE MONTH OF JULY FOR WHICH LOAN EMI DEDUCTION HAS STARTED FROM THE MONTH OF AUGUST.
MY HOME LOAN AC NO IS[protected].
FOR THE EMI DEDUCTION I HAVE SUBMITTED THE ECS FACILITY FROM STATE BANK OF INDIA , KHARADI BRANCH DETAILS.
MICR CODE FOR KHARADI BRANCH IS[protected] AS PER YOUR RECORDS.
I HAVE BEEN INFORMED EVERY TIME THAT THE MICR CODE FOR THE BRANCH OF SBI KHARADI...

Lic of India bokaro 1(0566) branch does not revive my policy as special revival. Actually I am not able to pay all the premiums due in full. so, I want the date of commencement of the policy to be enhanced from 28/08/09 to current date (special revival date) and the premium to be deducted from my salary.
yours faithfully,
Jagarnath gope
staff no.786882
an employee of bokaro steel plant
Bokaro steel city....

I retired from Reliance Industries Limited, Mumbai, on 30th June 2010. The amount I received from this Company towards Superannuation has been deposited with LIC of India who are supposed to give me annuity of Rs.2524/- every month. So far I have received only only one payment for the month of August 2010. When I personally visited their office sometime during end Sept 2010, they informed that my docket/file has been transferred to their...

My policy no. is[protected] which is about to mature on[protected]. But till date i had not received maturity form from branch 25J. I had launched my complaint on[protected] &[protected] thru LIC web portal.
Branch response was to send DV alongwith policy bond.
But i repeat that it is the duty of branch office to send the maturity form to their customer within 2 months from the date of maturity of the policy & LIC branch...

I had recently submitted two proposals for my daughters DOB 15/04/1993 & 03/12/1996, for Jeevan Saral Policy with LIC of India, Neyveli Branch. My second daughter is 'Congenitally Hearing Impaired', coming under differently abled category. While the proposal for first daughter was accepted, the same was rejected for second daughter and was told put in a request for return of premium. On enwuiry, I was told that for such children,...

good evening sir/madam

this y vigneswara rao from palasa, i am agent of lic of india
code:0264069C, KASIBUGGA Branch, agent portal not given

thank u...

I have taken a Vashisht Bima Yojna Policy from Life insurance Corporation of India - Policy No.[protected].
Annuity of Rs 24000/- was due by ECS on 1st Oct.. against the above policy which I have not received till date. All my attempt to contact IPP Cell, the dealing dept. , phone nos.[protected] and [protected] have come to naught. The first no. keeps ringing without reply and the second is always engaged throughout the day.
Kindly...

I have asked more than once, that how I can monitor my market plus policy status on line. But I didn't get a reply. Now what else I have to do? Will you kindly help me?...

LIC of India has opened a new marketing channel known as DIRECT MARKETING
FOR THIS CHANNEL THEY HAVE HIRED DIRECT SALES EXECUTIVE(DSE).
I am one of the Sales Executive selected , selected in mid of june 2010
This is to inform everyone that:
1 This is not at all properly defined channel
2 Lic is very unprofessional & careless in intimating the job profile & structure of DSE in the recruitment...

LIC's Market Plus (Table No.181); Policy No.[protected]; Date of Comm: 21.3.2008
Single Premium Policy Premium paid : Rs.50,000/-
Gentlemen,
So far I have not received information regarding initial number o[censored]nits alloted to me at the time of inception of my above-detailed policy.
Kindly send me the details of the initial number o[censored]nits alloted to me.
RONAK JAIN
184-A, Parshwanath Colony, Anted...

I want to know that how many unit allot against mention above write the policy and I know currentNAV rate...

LICHFL,
This is with reference to LIC loan approval file number 130200. I was cheated by Mr. Ramesh Pawbake in various aspects of the home loan and even asked for bribe. Areas of cheating were as follows:

no explanation of EMI
Just took my documents and did not show up for ages
submitted the preprocessing charges without my knowledge
promised me that he will waive off some morgatge fees worth 15000...

There is a party who have I sold my Thane based flat is approched to LICHFL,Thane branch for housing loan. From the starting the LICHFL 's demands of various documents and prolonged varification process create a havok for us. Resulting unreasonable delay to disburse loan frustrait both o[censored]s. I suggest to all, who are dreaming for there sweet home please try another option for housing loan than LICHFL....