Life Insurance Corporation of India [LIC] Complaints & Reviews

My policy no. is[protected] invested in LIC MARKET PLUS amount Rs. 75000, i want to know my status.MY investment coming 2010 would be 3 years.

I had applied for home loan for an amount of Rs. 500000/- from your Jalandhar branch (through an agent at Jammu) about one year back and my 1st disbursement was made in the month of October’09 for an amount of Rs. 351000/-, only after giving so many visits to agent’s office at Jammu as well as at Jalandhar office also and after paying a huge amount of processing fee . My house is almost in the final stage of construction and the 2nd disbursement is not being made so far. Even the representatives at Jalandhar office will not show me the exact scenario of my loan case and also they have not picked up my phone for my quarries. The agent at Jammu is also demanding more processing money to release my payments. A person who is taking loan for his house is not in a position to pay the much more processing fee.
My loan application number is 808485.
My details are
Anoop Gupta
Ph. No. [protected]

sir/madam
My policy no.[protected] is insured in lic of India branch Modinagar district Ghaziabad(UP).I have pay my half yearly policy premium Rs.2746/= by online into my account no.[protected] State Bank of India on dated 26.12.2009 . The bank reference no.IB02406320 but lic of india not sent any transaction reference no.& not sent any reciept me.

Dear Sir,
I had applied for home loan from your Jalandhar branch (through an agent at Jammu) about one year back and my 1st disbursement was made in the month of October’09, only after giving so many visits to agent’s office at Jammu as well as at Jalandhar office also. My house is almost in the final stage of construction and the 2nd disbursement is not being made so far. Even the representatives at Jalandhar office will not show me the exact scenario of my loan case and also they have not picked up my phone for my quarries. I also even don’t know my loan case number as well as my application number.
So kindly process my case at an earliest as after completion of my home, what is the fun of that amount.
I dont know, if the 1st disbursement took around 9 months then what will happen in 2nd disbursement.

I am trying my level best to Contact LIC office Kanpur through registered mail but no reply. I want them to crdit my pension directly to My SBI account. MY policy number is[protected], Jeevan Suraksha). I am trying to lodge my complaint through LIC site but it just doesn't work.I wsish the largest corporation in the country to maintain a good website and address consumer complaints.
DR. N.K.Sharma
Director MIT Moradabad

My 2 lic policies No. 22441171 and 22664671 in the name of Rajinder kaul have matured and I have taken a small loan against the same as evident from the records of LIC. Since the policies have matured, I have submitted the necessary forms for getting the payment due to me, after adjusting the loan amount, if any outstanding.
The master records of the policies are availible at LIC office branch 168(Chandigarh). Since the policies...

I want to know Present Value of my Policy Because agents creat doubt.

dear sir ,my self is vikas pathak. my father had died in 6th feburary 2008.his take it policy life insurance corporation of india.policy no :[protected].sum assured amt 50000. i am summit full documents in 9th july 2009.but policy staff is not properly reply in my father death claim.its always says your work is proessing in meerut divison. my father policy is ghaziabad branch.so i request to you please help us for this problem.

I have appiled for home loan , i got sanctioned 15lacs for home loan. But at the time of Disbursement they have not financed 85% amount against the property value ie about 17lacs. LOAN Agent & area manager is also not responding well. They are only giving "taarikh pe taarikh" but not giving the proper reason for low disbursement. Several time me & father visited their office but every time they are demanding for new document but already all documents i have submitted to them.

As per rule , i should get 85% amount of my property cost but they are not providing me the same. I want either proper clarification regarding this in writing or total 85% amount.

Plz help me out in this issue. This thing is disturbing my Personal & professional life.

Sudhir Adsul

I am holding LIC No.[protected] from Branch No. 11 M Julfe Bengal Mkt, Dilshad Garden Delhi. I had sent the bond on its ensuing maturity in Feb.2010. While forwading the bond I had pointed out that a sum of Rs. 1950/ towards interim bonus has not been included as done in the case of a similar policy of my aunt.

Non only that there has been no response but the person on phone No,. 28822520 does not take the call and passes on the buck to phone No. 28822521 which either none picks up or remains busy all the time He is very unco-operative.. I dont know what to do.

I need help

Mukesh Gupta
95 Deepali,
Pitam Pura,
Delhi-110034

I (SURINDER KAUR W/O SODHI SINGH,VILLAGE:-BISHANGARH,PO:-KALYAN,TEH.:-MALERKOTLA,DISTT.:-SANGRUR) hold a policy from lic.to witch i gave a check of about 8000 as a primium amount in mid of 2008.but they lost the check and fined me for delay.i submited the fine and amount by cash.but now almost one and ahalf year later lic has creadted the check.thus lic get duble amount and fine for no reason.is this not a cheat.kindly give me justic.

I have a similar experience with The LIC Housing Finance

I had a home loan sanctioned from LIC Housing Finance on 22 Jan 2009, at Pune (Baner Office), however without giving any reasons, after a year they have returned my file and not returning the processing fee of Rs. 5700

According to Mr. Mayuresh Limaye(The branch manager) my loan was never processed for unknown reasons. He is the most irresponsible person...

I have not received my survival benefit due in 2006.On asking the answer is it has already been despatched.I have not got the cheque till date.My policy no. is 54138797.The cheque issued by LIC is no.004324 dated 28.03.2006 which according to them has been encashed (by they do not know whom) On 22.05 2006. the sum is that of Rs.15,000.please help for which i shall ever be obliged.

Dear sir,

I the Pruthe LIC agent (Agent code is 1445-34G) since last one year. Sir after my marriage I had included my husband name, with my name as a Pruthe M.V. Now Problem is that my PAN card & educational documents is showing Pruthe only. As of this my voter ID also mentioned Pruthe only. But I had mentioned Pruthe M.V in my LIC examination form and it is considered Pruthe M.V in all transactions it is creating problem to open my account in Banks. So I want change my name as earlier Pruthe only instead of Pruthe.M.V.

Sir your help is required to change the name in LIC documents what will be the procedure and let me know the details.



I hope that you will guide me to change my name as early as possible. I am looking forward your favorable reply.



Thanks Regards,

Pruthe

Hello Sir/Mam,

My Policy Details are as follows:

LIC Policy No:[protected]

I lost my LIC Premium Receipt for the year 2009 to 2010.
I want to submit the Premium Bill for my Tax Investment Proof.

It would be great if you could send me the Duplicate receipt.
Please do the needful

Dear Sir,
I approved home loan from LIC Housing Finance Ltd of Rs.13 Lakhs (File No. 207883) by Jogeshwari (E) Branch for Flat at Airoli, Navi Mumbai. I submitted all documents which was asked on 11.11.2009. But till date sanction amount not released to the Purchaser. Several time discuss with Agent-Mr. Basant Pant on phone and personal & also with Branch Head - VIshal Joshi on phone personal.
Both didnt give the proper response and told to me so many excuses such as LIC Hsg finance computer system is down, we are not financing for flat below 400 sq. ft. etc. Phone No. of Basant Pant is [protected] & No. of Vishal Joshi is [protected].

I promise to pay deal amount on 18.12.2009. As amt was not disbursed, i have to raise from outside market at higher interest rate. Now Mr. Basant is not picking up cell phone

Please take the action immediately as earliest.

we have been issued 3 sanction letters towards are loan requirement however till date our loan has not been sanctioned by LICHFL. It has been more tha a year now that we have been following up with them.

Everytime we go to them they say it is happening and we shall release the amount o you next week however till date no amount has been released to us towards are loan against one property.

The interest component on that property has become 15 lacs and we donot know what should be our way forward, anyone can help, pls come forward.

it is so difficult to get through their landlines/mobile no's given as they seldom pik up the phone.

Dear Sir,
I have Paid yearly Premium for Money plus & Profit plus in nearest branch (sangamner) of LIC. BUt till date i donot get letter of LIC for to allow units against my Premium Paid. So i cannot understand that how many units i have hold, since i have paid 3 premiums.

In above said case what i have to be done? How i know for units aagainst my premium.

is it compulsory for LIC to inform the customer in written for units allowed against his premium paid?

Please inform me at eraliest.

Thanks

Prasad Kulkarni
[protected]@gmail.com

Dear sir,

i had taken a policy through one of the agents of LIC. At the time of purchase he had given a lot of wrong information about the product and also made me purchase the policy which lead to paying a sum of 69000pa. He had informed me that i was able to close my account at any given time without incurring any charges and had also informed me that i would get the same amount back that i paid but i wouldn't get the interest if closed on an early date and to which i did agree. Now after I've completed 3yrs in the policy for some financial crisis i had to close down my policy .On informing him that i wished to do so he denied stating that i couldnt close it down and if i did i wud get only 50% of what iv paid. i was so shattered and am still in no position to pay the cost and i hurts to find out that i cannot do anything.

Please sir requesting your best answer on the same.

Regards,
Anthea.

Ref. :- Policy no.[protected]Jai Prakash)

Sub.:- Payment Default/missing case against receipt no. 21715

Dear Sir,

Now a days I facing trouble form LIC branch unit of

517, Kothi Bhagwan Dass,
Main Road, Gandhi Nagar, Delhi-110031.

My problem as under:-

Sir

I Paid my policy installment at[protected] thorugh vide ch. no. 531002, Drawn on PNB & get Receipt no. 21715 against this ch.

this ch. presented by through LIC' s Corporation bank at[protected] and cleared by our bank on date[protected]. But On dated[protected] a letter & ch. received us through gandhi nagar branch which is mentiond that your ch. dishonoured reaons mentioned KINDLY CONTACT TO DRAWER,

When I was contact to our PNB Clearing house at Paharganj they clerify me that your ch. has beeen cleared vide Ref. no. CTI-41/[protected]. & they told me that your ch. Presented twice[protected] therefore we return this ch. 's payment . becuase your ch. clered on first present above said ref. no.

after that I Contact to Ganhi nagar branch 's officer Mr. RAJESH TIKKOO & submitted a letter on the date of[protected], but after said date when I meet mr. Mr. Rajesh Tikkoo they pretended some way but ye now my problem not solved by branch office everwhile my POLICY IS GARCE PERIOD IS EXPIRY IS[protected] was over. After that I send a letter by mail to LIC;S Relationship Managar at [protected]@licindia.com on the date[protected], but Now a days I not receive any reply & solutions till days.

Therefore I request to you pls. Solved my proble as early as possiable.

Thanks

Jai Prakash

Mob. [protected]
Encl.

1. Scan copy of Pass book, which show clered ch.

2. Scan copy of Letter which is submitted at Gandhi nagar, branch,

3. Scan copy of ch.