Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir,
i have taken a home loan of Rs 10,000.00(Loan AC no[protected] from Lic Housing Finance(five month befor) . at the of approval they provide me approval letter of 10,000,00 EMI amount is around 8500. but on the first month basis they cut the EmI of Rs 13200.After asking the clarification .they provied me severl reasons.


latest reply when i go for meet Area Manager LIC Housing Finance Corporation (Asif Ali Road Delhi) sent ion Amount is 1500000 and Disabused amount is 10,000,00.

Emi charged by institution On Basic Of Sent ion Amount . last five month they cut 13200 EMI .after so many Problem they are not ready to help me . I Am going to Be Fr estate . now i dont have money in my ac . Its Very Hard to Clear EMI. That issue Creat Lots of Problem In my LIfe .

E_Mail detail are following



1-question- Dear Sir, )
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684


Ans from LIC Housing side-
Dear Sir,

We wish to inform you that loan term is 20 years , EMI amount is Rs. 13020/-. . For more information, please contact to Area Manager, Asaf Ali Road. This is for your kind information.


Y.R.Raigar

----- Original Message -----
From: ankolekar
To: Raigar
Sent: Tuesday, November 24, 2009 2:14 PM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: Nitin Jage
To: [protected]@lichousing.com
Sent: Tuesday, November 24, 2009 11:41 AM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: sunil bhatnagar
To: [protected]@lichousing.com
Cc: [protected]@rbi.org
Sent: Tuesday, November 24, 2009 11:27 AM
Subject: loan tenure is 10 years

Dear Sir,
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684









2- question is my side


Dear sir,

If Tenure is 10 Years according to your website calculater the EMI amount is
Maximum Loan Amount Rs. 1,000,000
Repayment Term 10 Years
Rate Of Interest 10.00 %
EMI (Monthly Rest) 13,215

our loan tenure is 20 years (according to your last mail) rate of interest is 10% loan amount is Ten lakh only.
according to your website calculator the EMI amount is


Maximum Loan Amount Rs. 1,000,000
Repayment Term 20 Years
Rate Of Interest 10.00 %
EMI (Monthly Rest) 9,650

So Please verify this issue again, otherwise i will go for consumer form or RBI.
Its is very serious issue, its disturb my all financial planning.In my point of View This is pathetic operation work done by your team.

Kindly solve this issue as soon as possible

Thanks & Regards
Sunil Bhatnagar
[protected],[protected]





--- On Thu, 26/11/09, Raigar <yr.[protected]@licho

using.com> wrote:

From: Raigar <yr.[protected]@lichousing.com>
Subject: Fw: loan tenure is 10 years
To: [protected]@yahoo.co.in
Date: Thursday, 26 November, 2009, 4:36 PM

2- Ans BY LIC Housing corporation Ltd

Dear Sir,

We wish to inform you that loan term is 20 years , EMI amount is Rs. 13020/-. . For more information, please contact to Area Manager, Asaf Ali Road. This is for your kind information.


Y.R.Raigar

----- Original Message -----
From: ankolekar
To: Raigar
Sent: Tuesday, November 24, 2009 2:14 PM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: Nitin Jage
To: [protected]@lichousing.com
Sent: Tuesday, November 24, 2009 11:41 AM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: sunil bhatnagar
To: [protected]@lichousing.com
Cc: [protected]@rbi.org
Sent: Tuesday, November 24, 2009 11:27 AM
Subject: loan tenure is 10 years

Dear Sir,
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684

I have been paying my permium through online for the past two years..But currently i am not able to pay perimum online. geting error msg like not able to process u r request.

Sir,

With reference to the above subject, I would like to state that the captioned policy was issued by LIC of India , Bhilwara II nd office on 01.09.1990 and premium was paid up to year 1997 as per terms of policy. Further, I had forwarded cheque of due insurance premium to mentioned office on 12.03.1999, the same returned back quoting ” The Policy has been transferred to there Deoli branch (Tonk, Rajasthan) on 16.12.1997 vide letter no. Bima seva/transfer/18 U dated 30.10.2000. Consequent upon receipt of this information, I had again taken up the issue for depositing the due insurance premium to the Deoli branch of LIC of India but they expressed inability to deposit the due premium in absence of records (Policy documents) and referred the matter to there Divisional Office Jaipur under advice to me vide letter no.B/SE/154 dated 10.11.2000.
I regret to inform you that till date, the Divisional /branch office neither informed me the status of my said policy nor taken any action to deposit the due premium as requested. It shows gross negligence towards customer service as well as breach of contract based on principle of "Utmost good faith".
I, therefore request you to kindly look into the matter and instruct the respective office for providing information as under:
Whether the policy can be revived, if not what will be procedure to get the money back (along with interest/bonus) deposited by me and cost of compensation to deprive me from insurance coverage.
Yours faithfully
Nand Lal Meena
B-143, Anand Vihar, Railway Colony
Jagatpura Jaipur
M-[protected]

Date- 06.12.2009

how should i know current status of account of market plus policy?

1. i want to know about my policy lic new bima gold (table no.179) status my policy no. is[protected]
2. my other policy is lic profit plus(table no. 188) policy no. is[protected]...

HI

I am Aman Mehrotra legal nominee of the advisor Late Veena Mehrotra advisor code 10554/11J/1078(lic of india) . She expired on 5-oct-2008, after that I m not getting any renewal commission in her bank account. It’s very difficult for me to give the service to the exiting clients. You are requested to credit the all due commission in her account ASAP, as I m her legal nominee was earlier declare by the deceased in her advisor agreement with LIC of India.

Kindly help me in getting the due renewal commission ASAP. In case any information required, kindly update me at below communication address.

Your oblige

Thanks & Warm Regards
Aman Mehrotra
B-95, Flat No 101,
Duggal colony,
Devil road
New delhi-110062
#[protected]

Pension not received under Varishtha Pension Bima Yojana Policy No[protected] in the name of Mrs Sadhana Sikdar. Date of commencement 23.10.08, Amount of pension Rs 24,000/. Due date of pension is 24.10.09.
I have submitted life certificate.

Regards
Sadhana sikdar

I have received Certificate of Annuity letter from LIC-Baglore of Dated 25th-July-09(Annuity No. 061 Q [protected]), regarding my Annuity payment.As mention in letter first instalment is to be due on 22nd.Octomber-09.Pls.note that up to today the due amount is not deposited to my account. The copy of the Letter received from Lic and copy of my Bank account details,sent to LIC-Pension &Group Insurance Dept. J C Road,Bangalore-560 002 on...

THIS IS TO INFORM YOU THAT I AM HOLDING A LIC POLICY NO.[protected] AND FOR THIS AN AMOUNT OF RS. 8000/- WAS DUE TO BE RECEIVED FROM LIC TOWARDS MONEY BACK POLICY. BUT TILL DATE I HAVE NOT RECEIVED THE SAME INSPITE OF TWO REMINDERS AND PERSONAL VISITS. THE AMOUNT WAS DUE IN THE MONTH OF MAY 2009.

Very imp document has been sent from LIC of INDIA (Bandra) to Thane (W)

this docuemnt has been send agist My father Name : MR Ramesh Sawant

As per LIC of india informed they have sent document from speed post on 23rd nov 2009 but still we have not received

Speed post docket no : EM[protected]IN

still we have not received any confiramtion , the document is very IMP

pls hleo to track the same

thanks ....

Dear Sir/Madam

I am Aruna from Hyderabad, my dad (Mr V Raghupathi Naik) has applied a Renovation loan nearly 2 months ago i.e., on October first week, file No is 108849, i received sanction letter on November first week 2009, as we have a home loan in south Indian bank, the closing amt of south Indian bank is sum 2,60,000, so the agent of LIC his name Mr Madhukar Reddy (Mob no.[protected]) said that part payment will be realeased prior and after we get the property papers and submit in LIC then we will get the balance amt, so first cheque released on nov 7th 09 and we got the papers and submitted in LIC on 13th nov 09, he said the balance amt will be released within 4-5days but its almost 20 days now i have not yet received my loan balance amount cheque. The agent Mr Madhukar Reddy postponing the dates and we called to the head office at ameerpet they are saying they have sum systems online problems which i wouldn’t understand their problem what they are saying. My dad really in trouble and in bad time only due to LIC 's bad processing and idling in procedures...

kindly requesting give a good response and action at earliest..

regards
V Aruna
[protected]

I have a lic policy no[protected] from LIC VIDISHA BR.This policy is salary saving policy and monthly premium regulary deducted from my salary, there is no default in policy.
I have received the survival benefit after deducting four monthly prem instalment Rs1404.00.as on 14.11.2009.I have wrote many times to BM and requesting on the phone but branch not responded.I request you please return this amount with interest unless i will go to consumer forum.

dear sir,
our falimy had invest few amount on LIC market plus as we like to know the current status of our policy as our policy number were[protected],[protected],[protected] and the last one is[protected]. please sent the detail in my mail.
thank u

Dear Sir/Medam,

I am Miss Chandra N.Patel I have lic endowment policy table 14/16to25 i have paid six premium as from March 28 2004 to March 28 2009. But now i want to discontinue this policy and switch to lic Money Back Policy.

Is this possible? please advise.

Yours sincerely,

C.N.Patel

Indian Consumer Complaints Forum

I am been cheated by my LIC agent. My last premium payment date was May 2009, when I gave Rs. 10000/- to my agent assuming him trust worthy. But he cheated me by not paying my premium and my policy lapsed. I requested him a lot of time to pay my premium and revive my policy but there is no response from him.

Kindly Help

Thanking you

Your's faithfully,br...

PLEASE FURNISH THE COMPLETE PICTURE OF MY INVESTMENT IN THIS PLAN AND ALSO HELP ME TO KNOW SOURCE TO CHECK THE STATUS

Dear Sir,

I am holder of LIC Policy no[protected], Money Back Policy. Yet I have not recieved Rs20000/ from LIC , which was due from July 2004.

Contacted LIC Office at Ambernath and Boisar, Thane Diostrict Maharastra . I am told it has been paid, but till date I have not receied it. I request your assistance for my dues with interest.

I am availabe at [protected].


With Kind Regards


V K Sharma

SIR,
I WAS LIC AGENT AT KAKINADA 533001 BR CODE 674 AND DID THE AGENCY FOR 28 YRS, AS PER LIC NORMS I AM ELIGIBLE FOR GRATUITY PAYMENT BUT TILL DATE NO ACTION HAS BEEN TAKEN, I AM SENIOR CITIZEN AGED 72 YRS.AND UNABLE TO COTINUE MY AGENCY FURTHER SO PLEASE TAKE NECESSARY ACTION FOR PAYMENT OF GRATUITY DUE TO ME.

KALEY VEERRAJU
CODE 1425-674
LICENCE NO G44591
DNO 10-135
VEERABHADRAPURAM
TALLAREVU-533463
CELL : [protected]
LAND [protected]

Applied Loan vide application no.440400 in the name of Shalini Bhatia W/o. Puneet Bhatia against Property on September 22, 2009 and assured by the LIC officials that you will get your loan within 21 days but till date waiting for my loan. Each and every required paper had been submitted. Earlier had taken loan from HDFC Bank, no problem from them. Sorry to state from LIC Housing, we had a very bad exprience, every week they demand one paper and still there is no response. Kindly return my prosessing fees amount taken.

My Name is Mr. Vinod Dalvi & I had got sanction of housing loan from LICHF for Raheja Reflections project in Kandivali (East).This sanction letter was received by me on 3-Oct 2009.Immediately after that I am following up with LHF office in Jogeshwari ( East) for disbursement of loan asked by builder.

All documents are being already submitted to LIC since last 2 months since that & their official also inform me that all documents are ok however I have still not received disbursement for the same.

My application no. is 207827.

I do not except such a big delay from LICHF otherwise I would have gone with other institutions which are able to close the process in flat 2 weeks.

Request you to please look into the matter immediately as otherwise builder will levy interest on me.