Life Insurance Corporation of India [LIC] Complaints & Reviews

Dear Sir,

I have done my Policy in the start of July 2009 and the Agent confirms to give me 50% discount. I continously calling the Agent since 2 months but he didn't pick my mobile and never revert me back.

I am very much harassed by the attitude of working of these type of LIC Agents.

Please let me know what Action would be taken against him and is there any procedure to skip the Agent from all my policies. Otherwise, I want to cancel all my previous policies also.

Hoping for a strict action against these type of AGENTS.

Regards
ABC

dear sir
i was lic agent, lic date of appointment 26/06/2000, date of exit 01/7/2008, licence expiry date 25/06/2009, licince no 1227436, agent code 742/530. renuwal commisson not pay, pls. solved my problem.

Dear sir
I was lic agent, of Branch Forbesganj Dist Araria (Bihar) lic date of appointment 2004/05, date of exit 2010/11, licence expiry date 2010, agent code 1623/034/543. renuwal commissions not pay, pls. Solved my problem, I am very much harassed by the attitude of working of these type of LIC D.O. & LIC Branch Office staff. Please let me know what Action would be taken against D.O. & forbesganj LIC branch office staff.

Hoping for a strict action against these type of D O & officers .


Thanking you

With regards

RAJESH KUMAR SHARMA
VILLAGE - SEWRI VAYA SHRIBALAJI
DIST - NAGAUR (RAJASTHAN)
Mobile No. [protected] & [protected]
Email. [protected]@hotmail.com

Dear Sir, I had been working for LIC branch no 913 Fort Mumbai from 2001 to 2009.My agency code no 1536913 .I am not getting my renewal commission inspite of repeated reminders in my branch and Yogshem zonal office.kindly guide me.
regards,
Chetan Soni
([protected])
email:[protected]@rediffmail.com

Dear Sir,
I had been working with LIC 913 branch from 2001 to 2009 at Fort Mumbai.My agency no 1536913.I had not received my renewal commission since 2009 inspite of repeated reminders to branch 913 and at Zonal office Yogshem.Kindly guide me in this matter.
regards,
Chetan Soni
([protected])
email:[protected]@rediffmail.com

I want every month LIC PREMIUM RECEIPT Pls, send my E.mail id (policy no[protected]

i want every month LIC PREMIUM RECEIPT, Please send my E.mail id (policy no[protected]

Dear sir,
I have been promoted & transferred from Anpara Thermal Project, Anpara to Parichha Thermal Project, Parichha, Distt.- Jhansi. I have shifted on the address as mentioned below:-
RAMA SHANKER GUPTA
Superintending Engineer
Residence No. EE-7
Parichha Thermal Power Project Colony
Parichha, Distt.- Jhansi
It is therefore, requested to kindly transfer my following policy bond to LIC Branch No. 2 JDA COMMERCIAL COMPLEX NEAR RTO, KANPUR ROAD JHANSI- 284001
POLICY NO:[protected][protected]
Thanking you

R S GUPTA

PLEASE NOTE MY CHANGE OF ADDRESS. NEW ADDRESS GIVEN BELOW.


RM.VENKATACHALAM
A.107. SUNDARAMOORTHY STREET
SATHYAMOORTHY BLOCK
JAFERKHANPET
CHENNAI - 600 083

Sir,
I have a change my home address. Please Change My address. & if any quarry Please Contact my Mobile No. [protected].

Please Note My new Address. New Address given below.
A/1, 34 Dhawarka Nagari Society,
B/H Pasabhai Park,
Opp. Bapod Talav,
Waghodia-Ajwa Ring Road,
Vadodara


Tanking you

Shah Ankit Dhanwantlal

sir i get it a new policy for my baby(policy number;[protected]please change my address;
49-A, 1ST FLOOR,
S.P.KOIL 1ST STREET,
THIRUVOTTIYUR,
CHENNAI.600019.

sir i get it a new policy for my baby(policy number;[protected]please change my address;
49-A, 1ST FLOOR,
S.P.KOIL 1ST STREET,
THIRUVOTTIYUR,
CHENNAI.600019.
contact number:[protected]
mobile number:[protected], [protected].

Hi sir,
I am P.R.Subrhamani and i would like to inform my new adress given below. Please change the old address and my ppolicy no.[protected]

NEW ADRESS
P.R.Subrhamani
Paramekkadan House
P.O.Varandarappilly
Koranodi
Thrissur
Pin- 680303
Kerala (State)

LIC OF INDIA — Adjustment of premiums

1.I Mrs. Sherly George an employee of Medical & Health Deptt. Rajasthan taken an policy No.[protected] under salary saving scheme in March 2006 from LIC of India, branch 325, Tripolia Bazar, Jaipur.

2. The premium of policy has been deducting every month from my salary but it could not be adjusting in the policy account due to wrong transfer of master.

3. I did not received the policy bond till date.

4. In this regard I made my all the best efforts at various level, but I could not got any positive response.

Kindly provide justice.

Dear Sir,

I have paid my lic premum through pnb net banking Transaction no 1784077 Dated 20.11.09 Rs. 1350.90 Receipt no is PR [protected]. Premum receipt has not been sent on my email id

do the need full action

Thanks with warm regards


Vidya

PERSONS WHO ARE WORKING IN TUNI BRANCH HGA (LAKSHMAN SASTRY) NOT BEHAVING PROPERLY WITH PUBLIC

I HAVE NOT RECIVED MY BOND PAPER .

Hi,


If you will dial 1251 from any BSNL or MTNL land line phone u will get the IVRS. After dialing 1251 you can directly talk to customer care executive they are (CCE) not a third party employee actually they are LIC employee. Please try once again and then see the difference

HEMANT MATHURKAR

Dear Sir / Madam,

I have applied for a loan amount of Rs.18 lacs last month. I have paid a 50% amount on the total processing fee i.e Rs.5515/- vide the cheque no.310834 dt.20/7/10 drawn on Andhra Bank, Mylapore, Chennai - 4.

But I came to know that only Rs.16 lacs is sanctioned for me. With this I will not be able to purchase the flat and hence I have dropped the project.

I request you to kindly refund my processing fee amount at the earliest. I need the fund very badly as my father is in serious condition. He needs to undergo an operation immediately. I request you to kindly consider my case as a special one and do the needful as early as possible.

Thanks & Regards,
W Sathya Sai Prasad
Mobile :[protected]

LIC Housing Finance Ltd Indore — Non Refund of Processing Fee

Please help as I am not getting Refund of my Home loan processing fee from LIC Hosing Finance ltd.

Agent sushil mantri has taken the processing fee of Rs. 5512 saying that it will be refunded back to you if you do not take loan from LICHFLdue to any reason. Its only because of his repeated verbal confirmation I have given him the cheque of processing fee.

Please go thru the following mail to understand my case in which both agent & marketing people of LICHFL has hided the fact of actual rate of interest applicability after 3 months of disbursement of loan from 8.75 % to 10.25% (LHPLR 13%-2.75% spread).

I was given verbal information of ROI to be 8.75 % but I don't have this confirmation in writing from these people that ROI is 8.75%. These people have always talked on phone and there is no single mail or in writing any communication from their side until I have given the Processing Fee cheque.

When sanction letter is issued to me only from that letter & terms conditions booklet I came to know the above underlined fact Now these people are refusing to give the processing Fee back to me.

I feel to be cheated by LICHFL staff & their Agent so kindly help me in getting the Refund.
[protected][protected][protected][protected][protected][protected][protected]---...⇄

----- Forwarded Message -----
From: "Nilesh Kothari" <nilesh.[protected]@zmail.ril.com>
To: [protected]@airtelmail.in, [protected]@sancharnet.in
Cc: "nilesh" <[protected]@rediffmail.com>
Sent: Monday, May 18, 2009 1:36:25 PM GMT +05:30 Chennai, Kolkata, Mumbai, New Delhi
Subject: Refund of Processing Fee Rs 5512 - File no 215354



To,

Mr. Aadesh & Pradip Chakrabarti

LIC Housing Finance Ltd

Indore.



File No. 215354

Agent - Mr. Sushil Mantri



Sub : - Refund of Initial Processing Fee of Rs .5512/- under scheme Griha Prakash



Dear sir,



As discussed with you please find my application for Refund of above Processing Fee being taken by not clarifying the Rate of Interest & wrong commitment (Refund will be given in case of Not taking Loan from LICHFL) of your Agent Mr. sushil mantri.



This is with reference to my application dtd 07.04.2009 under Griha Prakash scheme for Transfer of Home loan from HDFC bank to LICHFL. I have applied for this loan transfer only considering benefit of Interest to move from 10.5 % of HDFC to 8.75 % of LICHFL (as committed by LICHFL officers).



Prior to this application there was verbal confirmation by Mr. Sushil Mantri to me that Rate of Interest for the transfer will be 8.75 % in my case and he did not tell me that this 8.75% rate will be only for the first 3 months and later ROI will be LHPLR - 2.75 % i.e 13-27.75 % = 10.25 % as per clause 2.2 (a) of the terms & conditions booklet. The same has also not been communicated by Mr. Aadesh also when I was submitting my documents to him during the first week of April09 . If this information is known to me during my correspondences & verbal communication with sushil Mantri & Aadesh then I would not have applied for the transfer on 07.04.09.Since there is a clear cut loss with the above figures of ROI in transfer from HDFC to LICHFL and if timely informed I would not have even applied for the transfer of loan. Pls see the trainling mail in which I have enquired with Mantri for benefits arising of transfer to LICHFL in 20 Yr & 15 Yr option and my interest in going with 15 Yr option otherwise not to take the loan with LICHFL.



The Loan sanction letter mentioning the ROI after 3 months as LHPLR - 2.75 % as per clause 2.2 (a) in the booklet is provided to me only after I have given initial processing fee cheque of Rs. 5512/- in favour of LICHFL through Mr Sushil mantri. If this was informed to me earlier I would not have given the processing Fee. Moreover the processing fee cheque has been taken with wrong commitment of Refund in case of not taking loan.



When I talked to Aadesh hes telling to claim money from Mr. mantri & when Ive spoken to mantri hes telling that money has been deposited in LICHFLs account and I need to directly take it from them.



My money is unnecessarily being blocked with LICHFL on account of not providing Information and wrong information providing for processing the loan.



So I request you to please Refund me my Processing Fee of Rs. 5512/- at the earliest.



Thanks & regards,







Nilesh Kothari

55-G, Sector 21, Reliance Greens new Township, Moti Khavdi, Jamnagar -361142

Ph [protected],[protected], 40 14675, [Indore [protected], [protected]]



----- Forwarded Message -----
From: "Nilesh Kothari" <nilesh.[protected]@zmail.ril.com>
To: [protected]@yahoo.com, [protected]@yahoo.com
Cc: "nilesh kot" <[protected]@sify.com>
Sent: Monday, March 30, 2009 10:13:53 AM GMT +05:30 Chennai, Kolkata, Mumbai, New Delhi
Subject: Calculation of Total repayment in HDFC & LICHFL


1) Current Outstanding balancewith HDFC - 2963454/-

EMI - 30460 /-

Expenses in changing ROI to 10.25 % - Rs. 16299/-

Prepyament of Rs. 103701/-
Total Expenses Rs. 1, 20, 000/-



Net Outstanding Bal - 2859753/-

Total repayment to HDFC - 187*30460 = 5696020/-

Previous year repayment in HDFC = 363000/-

Net Expense with HDFC - 5696020+363000+120000 = 6179020



2) Loan of 20 yrs with LICHFL @ 8.75%

Minimum Swithcover cost Rs. 1, 20, 000/- (90000 penalty to HDFC+ 1% proc fee & stamp duty)



EMI for 20yrs for Out bal of 2963454 is Rs. 26189/-

so total repayment - Rs 6285360

Net Expenses in repayment & switch = 6285360+120000 =6405360



3) Loan of 15 yrs with LICHFL @8.75%

Minimum Swithcover cost Rs. 1, 20, 000/- (90000 penalty to HDFC+ 1% proc fee & stamp duty)



EMI for 15yrs for Out bal of 2963454 is Rs. 29618/-

so total repayment - Rs 5331240

Net Expenses in repayment & switch = 5331240+120000 =5451240/-





Now after comparing case 1, 2 & 3, I have to take loan for 15 Yrs with ROI 8.75% with LICHFL then only there will be benifit to me otherwise as per Ist case my total repyment is lesser.



Please confirm it by today evening since I need to take decision for Switchover to LICHFL or change the ROI of HDFC & prepay them.


Nilesh Kothari
[protected], 29416
[protected]

LICHFL — LICHFL Indore Not refunded processing Fee

LIC Housing Finance Ltd Indore
Posted:[protected] by Nilesh Kothari Send email


Non Refund of Processing Fee
Please help as I am not getting Refund of my Home loan processing fee from LIC Hosing Finance ltd.

Agent sushil mantri has taken the processing fee of Rs. 5512 saying that it will be refunded back to you if you do not take loan from LICHFLdue to any reason. Its only because of his repeated verbal confirmation I have given him the cheque of processing fee.

Please go thru the following mail to understand my case in which both agent & marketing people of LICHFL has hided the fact of actual rate of interest applicability after 3 months of disbursement of loan from 8.75 % to 10.25% (LHPLR 13%-2.75% spread).

I was given verbal information of ROI to be 8.75 % but I don't have this confirmation in writing from these people that ROI is 8.75%. These people have always talked on phone and there is no single mail or in writing any communication from their side until I have given the Processing Fee cheque.

When sanction letter is issued to me only from that letter & terms conditions booklet I came to know the above underlined fact Now these people are refusing to give the processing Fee back to me.

I feel to be cheated by LICHFL staff & their Agent so kindly help me in getting the Refund.
[protected][protected][protected][protected][protected][protected][protected]---...⇄

----- Forwarded Message -----
From: "Nilesh Kothari" <nilesh.[protected]@zmail.ril.com>
To: [protected]@airtelmail.in, [protected]@sancharnet.in
Cc: "nilesh" <[protected]@rediffmail.com>
Sent: Monday, May 18, 2009 1:36:25 PM GMT +05:30 Chennai, Kolkata, Mumbai, New Delhi
Subject: Refund of Processing Fee Rs 5512 - File no 215354



To,

Mr. Aadesh & Pradip Chakrabarti

LIC Housing Finance Ltd

Indore.



File No. 215354

Agent - Mr. Sushil Mantri



Sub : - Refund of Initial Processing Fee of Rs .5512/- under scheme Griha Prakash



Dear sir,



As discussed with you please find my application for Refund of above Processing Fee being taken by not clarifying the Rate of Interest & wrong commitment (Refund will be given in case of Not taking Loan from LICHFL) of your Agent Mr. sushil mantri.



This is with reference to my application dtd 07.04.2009 under Griha Prakash scheme for Transfer of Home loan from HDFC bank to LICHFL. I have applied for this loan transfer only considering benefit of Interest to move from 10.5 % of HDFC to 8.75 % of LICHFL (as committed by LICHFL officers).



Prior to this application there was verbal confirmation by Mr. Sushil Mantri to me that Rate of Interest for the transfer will be 8.75 % in my case and he did not tell me that this 8.75% rate will be only for the first 3 months and later ROI will be LHPLR - 2.75 % i.e 13-27.75 % = 10.25 % as per clause 2.2 (a) of the terms & conditions booklet. The same has also not been communicated by Mr. Aadesh also when I was submitting my documents to him during the first week of April09 . If this information is known to me during my correspondences & verbal communication with sushil Mantri & Aadesh then I would not have applied for the transfer on 07.04.09.Since there is a clear cut loss with the above figures of ROI in transfer from HDFC to LICHFL and if timely informed I would not have even applied for the transfer of loan. Pls see the trainling mail in which I have enquired with Mantri for benefits arising of transfer to LICHFL in 20 Yr & 15 Yr option and my interest in going with 15 Yr option otherwise not to take the loan with LICHFL.



The Loan sanction letter mentioning the ROI after 3 months as LHPLR - 2.75 % as per clause 2.2 (a) in the booklet is provided to me only after I have given initial processing fee cheque of Rs. 5512/- in favour of LICHFL through Mr Sushil mantri. If this was informed to me earlier I would not have given the processing Fee. Moreover the processing fee cheque has been taken with wrong commitment of Refund in case of not taking loan.



When I talked to Aadesh hes telling to claim money from Mr. mantri & when Ive spoken to mantri hes telling that money has been deposited in LICHFLs account and I need to directly take it from them.



My money is unnecessarily being blocked with LICHFL on account of not providing Information and wrong information providing for processing the loan.



So I request you to please Refund me my Processing Fee of Rs. 5512/- at the earliest.



Thanks & regards,







Nilesh Kothari

55-G, Sector 21, Reliance Greens new Township, Moti Khavdi, Jamnagar -361142

Ph [protected],[protected], 40 14675, [Indore [protected], [protected]]



----- Forwarded Message -----
From: "Nilesh Kothari" <nilesh.[protected]@zmail.ril.com>
To: [protected]@yahoo.com, [protected]@yahoo.com
Cc: "nilesh kot" <[protected]@sify.com>
Sent: Monday, March 30, 2009 10:13:53 AM GMT +05:30 Chennai, Kolkata, Mumbai, New Delhi
Subject: Calculation of Total repayment in HDFC & LICHFL


1) Current Outstanding balancewith HDFC - 2963454/-

EMI - 30460 /-

Expenses in changing ROI to 10.25 % - Rs. 16299/-

Prepyament of Rs. 103701/-
Total Expenses Rs. 1, 20, 000/-



Net Outstanding Bal - 2859753/-

Total repayment to HDFC - 187*30460 = 5696020/-

Previous year repayment in HDFC = 363000/-

Net Expense with HDFC - 5696020+363000+120000 = 6179020



2) Loan of 20 yrs with LICHFL @ 8.75%

Minimum Swithcover cost Rs. 1, 20, 000/- (90000 penalty to HDFC+ 1% proc fee & stamp duty)



EMI for 20yrs for Out bal of 2963454 is Rs. 26189/-

so total repayment - Rs 6285360

Net Expenses in repayment & switch = 6285360+120000 =6405360



3) Loan of 15 yrs with LICHFL @8.75%

Minimum Swithcover cost Rs. 1, 20, 000/- (90000 penalty to HDFC+ 1% proc fee & stamp duty)



EMI for 15yrs for Out bal of 2963454 is Rs. 29618/-

so total repayment - Rs 5331240

Net Expenses in repayment & switch = 5331240+120000 =5451240/-





Now after comparing case 1, 2 & 3, I have to take loan for 15 Yrs with ROI 8.75% with LICHFL then only there will be benifit to me otherwise as per Ist case my total repyment is lesser.



Please confirm it by today evening since I need to take decision for Switchover to LICHFL or change the ROI of HDFC & prepay them.


Nilesh Kothari
[protected], 29416
[protected]

I too am a victim of lic housing finances mal practices. they send wrong notices and the apologise. they stop disbursement to the builder without informing me of the same - leading to the builder threatening me with repudiating of the sale agreement.

I dont really trust LIC HFL is capable of maintaining and providing proper records of the transactions with them.

I want to know about LIC Housing Finance Terms & Conditions.

Can i get upto 3 lac loan for 10 years

Plz sned me detail as soon as possible.

I totally agree with the concern. Even I am also yet to get a refund of Rs.6118/-. Initially the agent had confirmed that the amount will not be debited unless and until the loan is sanctioned. But before the loan was sanctioned, the amount had been debited. Further the loan was not sanctioned by them. I am still fighting to get the money back, virtually writing a mail daily to them. This happened in LICHFL office, JP Nagar, Bangalore. The agent name is Vinay of Akshaya Consultants ( JP Nagar, Bangalore ). Anybody who goes for the loan from LICHFL, pl don't go by this agent's words.

Dear Sir ;

I would like to invite your kind attention to the following few lines
as under :

I have purchased a brand new Bajaj Discover 135 DTSI motor cycle
no. MP09 MS 4457, from M/s. Rukmani Bajaj, LIG Chouraha, Indore,
on cash purchase basis.

After two months it has become a burdon for me as the bike was
not running properly and giving always tension, as engine disorder,
makes extra ordinary sounds from the engine, battery failure, lights are
also not functioning properly. Milage was also very poor, getting 30-35 KM
per ltr. where as the company was claiming 60 KM per ltr.

Since after two months of purchase, up to now, it has gone 20 -25 times under servicing and in warranty period also the the Company people taking charges from me. I am totally fed-up with company's attitude and non functioning
of the bike.

Kindly arrange to replace the bike or give me a suitable compensation with out any more delay and oblige.

Expecting your earliest and prompt action in this regard.

Thanking you,

Yours faithfully,


Kader Khan ( Mobile no.[protected])
Address : 69/11 PARDESHIPURA,
LAL GALI, INDORE - ( M.P

I Abhilash Mattangot already posted transfer of my LIC Policy no[protected] from Renukoot branch (28F) to LIC of India Branch No II T C Road Thalassery Branch Code 7051. But currently not transfer above said case and change of my address, hence kindly consider it sympathetically.

I Seema Upadhyay am living in Bangalore and one of my LIC policy which was taken by my husband Major Rajesh Upadhyay Who was working in Hindalco administration and passed away in road Accident in 204 January. We sifted to Bangalore. Now the policy was in his name but my son's name also was there and the premium got waved off. I inquired here in Bangalore they told it is not transferable as person died. Now my son is turning 18 in this September 19 . I tried to call this office 100 times no one is picking up the calls only. Now I don't know what has to be done as I need to
inform them and tell them about his change of address and account numbers etc. Please let me know what has to be done and how it can be . Thank you .
Seema Upadhyay
Sarala Birla Academy
Block 2 F-1
Off Jigni Road, Bannerghatta,
BangaBangalore. 560083
Mobile no...[protected].

Try to contact through email at [protected]@licindia.com with a copy to [protected]@licindia.com.

Sujas Bandyopadhyay
Rihandnagar

sir, I am not able to pay premium on line, because my date of birth not updated in system, my policy no is[protected]

1) I am Akshaya Kumar Pallai already my policy[protected] transfer to Renukoot branch (28 F) to Rayagada branch (058C). But my survival benifit not received yet due to delay this policy. This Policy No is[protected]. Money bank policy. Kindly help me to pay my survival benefit due to you on 01/01/2016. I request to granted for permision to rayagada branch to pay my survival benifit amount.

2) Same matter another policy No[protected] transfer from Vapi branch (868) to Rayagada branch (058C). Survival benefit due to you on 01/04/2015.I request to granted for permision to rayagada branch to pay my survival benifit amount.

Regards

Akshaya Kumar Pallai
Rayagada
Mob-[protected]

I HAD APPLIED FOR HOUSING LOAN WITH RELEVANT DOCUMENT SUBMITTED TO THEIR BRANCH OFFICE, LAJPAT NAGAR, DELHI IN MAY, 2009, BUT I DONOT WANT ANY LINK FROM LIC DUE TO MANY PROBLEMS WITH LIC HOUSING FINANCING. I HAVE READ ABOUT LIC HOUSING LOAN MISGUIDANCE. THEY WITHDRAWN RS.1103/- IN MY ACCOUNT.

BUT THEY SHOUL D HAVE TO RETURN MY PROCESSING FEES WITHOUT ANY DEDUCTING ANY AMOUNT

APPRECIATE IF YOU INTERFERE AND RESOLVE MY PROBLEM FOR REFUNDING MY PROCESSING FEES AMOUNTS.
THANKS.


SHIV KUMAR & MRS. ANJANA KUMAR
M.NO.[protected], [protected]

PLEASE HELP ME

Thank U, Hope it will be sorted out soon

LIC OF INDIA — VARISHTA PENSION BIMA YOJANA

YEARLY PENSION FOR THE YEAR 2007 UNDER POLICY NO:[protected] NOT RECEIVED TILL NOW, ALTHOUGH I HAVE RECEIVED THE YEARLY PENSION FOR THE SUBSEQUENT YEAR 2008.

I REQUEST THE CONCERNED TO LOOK INTO THE MATTER AND ARRANGE TO DISBURSE THE PENSION FOR 2007 WITHOUT ANY DELAY. THE RELATIVE CHEQUE / DEMAND DRAFT MAY BE DESPATCHED DIRECTLY TO MY BANKERS M/S UNION BANK OF INDIA, PANAMPILLY NAGAR, ERNAKULAM, KOCHI, KERALA FOR CREDIT OF MY A/C NO: [protected] WITH THEM UNDER INFORMATION TO ME

Dear Sir/Madam,

my father Sh JAGDISH CHAND GROVER HIS POLICY NO

[protected] DT 07.02.2004 TAKEN FROM BRANCH-11X

SINCE LAST TWO YEARS HE IS NOT GETTING HIS

PENSION, YOU ARE REQUTSTED TO LOOK INTO THE

MATTER.

Thanks and Regards
DINESH GROVER

money debited from my account with out receipts.