Life Insurance Corporation of India [LIC] Complaints & Reviews

Sir,
My policy No.[protected] matured on March 2009. Claim was submitted by me with the policy bond on[protected]. Despite reminder over and phone and in person by my agent Shri Subhas Chopra(Jain), position up to which payment will be done was not cleared by the Branch as well by the zonal office, Raipur. I took status report print on[protected] which detailed as :
Policy No.[protected]; Type - ORD; Plan/Term/Ptern - 147/05/05; Mode - YLY; Inst-prm 10000.00; Status - POL MATURED; Issuing Branch code : 38F; Devo - 9999999: .... .... .... DOC 22/03/2004; Mat.Dt. - 03/2009; Last due 03/2008; FUP 03/2009; X-CH - 0.00 Last A/C Dt. : 11/03/2008; Rate : 10
No. Bon.Year - 00; Assignment : REFER TO DOCKET; NAME : SHRI MAHABIR PRASAD AGRAWAL; ADD: 24/2, State Bank Colony, Nehru Nagar, BHILAI, Distt: Durg (C.G.). Loan detail : No Previous Loan Exists. Cash Option : 50058. Life Cover Opt. .... Annunity Lost : 0. Pension option : .... Deposit Not Present. NO PAYMENT HISTORY FOR THIS POLICY.

Even after this report I contected several times to the Rajhara Branch, Raipur Regional Office and Bhopal Zonal Office of LIC and their reply on some of those calls are as under :
[protected] [protected] Shri Subhash Chopda (Agent) : Advised by the Branch the claim has been sent to Bhopal for release of payment.
[protected]-2676221 - MS Jyoti -- Koi paper nahin ana hai. File online ana hai.
[protected]-2583052 - Mr. Dewangan -- I shall advice Mr. Shukla on his coming back from leave.
[protected]-2676221 - No response in between 4.42 pm to 5.00 pm
[protected]-2583052 - Mr. Shukla -- Lineup kar raha hun ... Aur kya kar sakta hon ...
[protected] [protected] - Mr. Kesarwani -- Kuch Technical error tha. Aaj rectify ho gaya hai. Kal Bhopal Chala Javega fir 2 - 4 roj men bhuktan ho javega. (There was some technical error. Rectified today. Will be received by Bhopal tomarrow and payment will be made within 2-4 days).
[protected]-2676221 - MS Jyoti -- Kuchh Technical Problem ke karan Data Rajhara se nahi aaa raha hai. Aaj Dekhate hain.
I am unable to understand why they could not overcome with the proble lapsing period of more than 5 months. I why should I suffer for them. LIC should release payment with interest for the delayed period from their suspense account the adjust their suspense account after they trace out the error.

Please guide / help me.

I had applied for loan in LIC housing finance in the month of April 2009. In Principle Sanction letter of Rs. 20.00 Lakh was handed over to me on 03.06.2009 by LIC agent.

More than five months have passed since my application and till date the matter has not been resolved.

Demand letters from my builder are coming on regular basis since last four months Due to non-payment of amount, I am likely to suffer severe financial losses (penalty of 18%). Further, my commitments to the builder are based on assurances of LIC HFL and its agent. With each passing day, I am suffering serious loss of credibility.


Thanking you,
With regards,
Aditya Agrawal

I, Amit Kumar Gupta..would like to inform you again that my policy Plan(New Children Deferred Assurance Plan) (T.No 92) policy no[protected] is due to mature next month and the Accrued Bonus is varying in your Online Site Policy Status and and the receipt received from the branch the details are as following

The Online Policy Status shows me Accrued Bonus Rs. 1,54,400/- where as the call from the branch shows me the Bonus amount at Rs 1,05,100/-
I have attached the scan copy of the Online Policy Status for your reference and the detail given by the Branch Office

Please kindly look into the matter at your earliest so that i can receive the right amount for the policy and also at right time .
I had already made a complaint for the same to CRM Jalpaiguri on 28/08/09 but have still not received any response

SIR,

KINDLY REFER MY ANNUITY NO. 4177 & POLICY NO. 47418. MY ANNUITY HAS NOT BEEN RECEIVED SINCE JAN`08. MY MONTHLY ANUITY RS. 417/-

I HAVE GIVEN SEVERAL LETTERS BUT TILL DATE NO RESPONSE RECEIVED. YOU ARE REQUESTED TO SEND MY ANNUITY AMOUNT CHEQUE MY FOLLOWING ADDRESS:

PAPAMAA RAO,
GEETANJLI ENCLAVE,
RING ROAD NO. 2,
HOUSE NO. 2,
BILASPUR CITY,
BILASPUR (CHHATISGARH)
PIN CODE NO. 495001

MOBILE NO. [protected]

THANKING YOU,


YOURS FAITHFULLY,


PAPAMMA RAO.

I logged in lic website properly and enrolled my three policies also on 2nd September 2009.

But till date that policies are not enrolled suceessfully. Hence I could not view the status of the
policies till date.

The website of LIC is not updated the customers policies enrollment. Please look into this
and solve the problem immediately. So that all the customers may view the status of policies and
act accordingly.

Regards,
M.G.Ramanathan.

Myshelf Kirti Narain Mishra , Ex employee of IOCL ( Emp No 60426), have not recieved advance cheque (amount Rs 3571 each) for the period of July 2009 to June 2010.
Details are -
Benifit under Master Policy no. - GA - 47418
Assee No.- 5566
Annuity No. - 13123

The cheque are normally valid for 3 months and it has to be revalidated , which is problematic for retired person. I have registered 2 letters dated 1.08.2009 & 25.08.09 with cc to Dy finance manager IOCL,(employee super annuation benifit fund , scope complex, insititutional area , new delhi-03). But till date there is no response.
Pl contact [protected]

Date : 2nd Sept. 2009
From
Nilesh S. Mohare
303 Third Floor, Pushpak Bldg.,
Opposite Manisha Nagar Gate NO.2,
Kalwa ( w) Thane, Maharashtra
[protected], [protected]
Mohare.[protected]@gmail.com

To,
The president
Consumer Forum Thane
Maharashtra -India

Subject : Bad experience with LIC Housing Finance ,Thane Agent Mr. Mohit Gokhale

On 26th May2009 I had made application with all necessary documents to LIC Housing Finance LTd. Thane through LIC Housing Finance agent Mr. Mohit Gokhale Having his office at 2nf Floor,Kruipa Chambers ,near malhar talkies,Gokhale road, thane- Maharashtra. At the time of this 1st meeting I had communicated about the property & its location I.e. Flat No. 103, 1st Floor, Riverwood park Bld. NO.10 CHS, village sagarli,Post- padlegaon , Kalyan Shil Road, Khidkali, Tal & Dist Thane-421204 . I had also submitted a check of Rs1105/- as first fees towards loan for the same & Xerox copies of property documents like old sales aggrement, Occupancy Certificate ( OC ), Approved diagram,etc.
In a 1st meeting with him , he told me that he will take care of all further processing with LIC Housing Finance LTd. Thane & loan will be approve in a week time. As per communication with Mohit Gokhale I had made down payments of Rs. 105000/- to the party & complete my Stamp duty registration procedure on 9th June 2009. Immediately on next day I had submitted Xerox copies of new agreement to Mohit Gokhale in his office. At the time of submitting the documents; he told me that now within two days the loan will be sanction as well as disbursement will be done to the party. But then he not remain with his commitment & whenever I had tried to contact him he never respond properly to my queries. He started with false commitment & unnecessarily tried to spoil my as well as my parties time. Every time he come with new reason for delay. He not responding on phone as well as he tried to avoid personnel meeting. When I rushed to the LIC Housing Finance LTd. Thane ,Mr. Mohan herelekar ( Area Manager ) told me that someone losses some of the paper from my file & that was the reason for delay to my loan approval. I immediately arrange the same documents & request them to precede further . Meanwhile after so many follow-up, Mohit has arrange property evaluation visit for above flat. .At last after so many follow-up with Mr. Mohit Gokhale & LIC Housing Finance LTd. Thane I had received my Sanction Letter for Loan on 16th July 2009 i.e. one month seven days after stamp duty registration.
After approval of loan before disbursement Mr. Mohit gokhale had made a demand of original documents for property & I had submitted the same. He told me for making new affidavit which I shown him before. At the time of submitting the Xerox copies of new agreement ( i.e.on 9th june 2009 ) It shows his negligence towards the work. I had prepared all the documenst as suggested by Mohit & LIC Housing Finance LTd. Thane advocate Mr. Hundalani & submit the same with a check of Rs.7944 to Mr. Mohit Gokhale.
During this all time whenever I tried to contact on Phone with Mohit , he purposely not attained the phone. Then on 10th August 2009 , when I communicated with Mr. Mohan Herelekar I come to know that LICHF had already ban the same area of property as mentioned above & Mr. Mohit was well aware about the same.) It was like shock to me after making so many runnings & follow-up with Mohit Gokhale & LIC Housing Finance LTd. Thane. I tried to contact with Mohit on phone as well as through email , But he tried to avoid me.
Because of this irresponsible behavior of Mohit Gokhale I had loss my efforts for loan. I suffered for the same as well as my party too. Due to Mohit gokhale’s foolish work , I had loss my almost three month efforts on my Home loan with LIC Housing Finance LTd. Thane.
On communication with Mohan Herelekar they agreed that Mohit gokhale is responsible for the same. We request them to take the action against Mohit gokhale..
On 20th August 2009 I had received my original documents from LIC Housing Finance LTd. Thane. I ask for my fees back But they denied for the same.
Now I have to again search for a new bank for home loan & I have to pay delay charges to the party for the same.
We request to the respected authority to take action against this foolish LIC Housing Finance agent Mr Mohit Gokhale so that it will justice to me. & the same will not be happened with the other new home loan seekers.

Thanks
Nilesh Mohare
[protected]
[protected]

Sir,
My client MRS ARCHANA ABHIJIT DESHPANDE had invested RS 45000/- in LIC HOUSING FINANCE FIXED DEPOSIT vide DD NO 145846 DT 30/7/09 through BAJAJ CAPITALS. But sorry to inform till dt i have not received any receipt or documents for the same.
Please inform me about it on my email ie [protected]@gmail.com.


THANKS. TUSHAR KULKARNI

I am Ex employee of tatamotors, as per pension and group insurance scheme LIC has allotted me annuty no 091H[protected]. As per policy, LIC should credit pension every six month, however from last 3 yaers, pension was not credited.It is very unfortunate that LIC is silent and not sent any update. 3 yaers back, one check of three instalment/pension was paid by Bistupur Jamshedpur branch.

Official should look into this.

regrds
tamim
[protected]

R/Sir
I have a lic policy that is mathure but still i am got the mathurity amount.
Policy number[protected]

Not received Pension Cheque

Year 2007-08
Year 2009-10

My Annuity No.
Annuity No. 24990
Policy No. 304860

Please provide us statement of account of LIC future Plus Policy No[protected] &[protected] through mail

Ref : Policy No[protected]

With Ref to above mentioned Policy i submit death claim on 4th March, 2009 in 408/2, Model Town, G.T. Road, Ghaziabad Branch - 2 but till date i have not received any caim or any corresponding from Ghaziabad Branch.

Please treat the matter urgent.


Thanks and Regards
Vishal Rohatgi
2437, Chippi Wara Kalan,
Near Jama Masjid,
Delhi - 110 006.
[protected]

i want to know the fund value of my units

I WANT TO KNOWN THE LIC POLICY PAYMENT DETAILS.
policy no:[protected]

I HAVE TAKEN LIC POLICIY NO.[protected] BY NAMED BHUPESH KALARA, MONEY PLUS T.N.180 IN MARCH 2007 THROUGH A BRANCH OF LIC AT JAIPUR BRANCH CODE 325 BUT TILL DATE I COULD NOT RECIEVE BOND PAPER. HOWEVER, I PERSONALLY MEET AND REQUESTED BRANCH OFFICIALS BUT THERE IS NO RESPONSE.

Dear Sir,

I had applied for LHF on 1 week of july satisfying all the requirment accordingly i had received scansion letter on 21th of july, but till date i havnt received my cheque. my file no 610177 sum of amount Rs 300000/- only.
I CALL UP EVERY DAY TO MY AGENT Mr. Danashekar to check from PAST 1 MONTH and replyes tomorrow.These is really made me so upset and i had never seen such a poor service in my life
Now I AM RELAISING why i had applied with LIC WHERE AS OTHER BANKS CAME FORWARD TO ISSUE ME LOAN WITH IN 10 DAYS. I REALLY feel like with drawing my file .
I WILL BE GLAD ATLEAST IF LHF COULD REPLY ME WHY THE DELAY IS WHEN ALL REQUIRMENTS ARE FULLFILLED .

Regards
Ajias

Dear Sir or Madam:

I've tried several times to register online to pay my policy premium, however the new user registration link is always throwing the following error: "Due to technical issues, this service is unavailable. We'll be back shortly. Inconvenience is deeply regretted."

Please fix this issue at the earliest. Thanks and best regards......

My policy no is[protected]. I was getting Advance cheque for Rs 671.00.This year in April 2009 they have not sent advance cheque' The Cheques are still not received and we are not be able to draw pension which became due on 1.4.2009. The LIC is depriving us from the one of the source of income in this old age. We expect them to be more sensitive specifically towards senior citizens.my contact no is [protected]

I have availed a loan from LICHFL 5 years back. During the last 2 years their interest rates have been rising up. Whenever there was an increase the same was automatically applied to our Loan A/c. Recently the interest rates have been reduced. I regret to say that this benefit of reduction in interest rate is not given to me. Whereas the same is offered to all new customers. Please suggest a way to avail the benefit of reduction in interest rates.