Life Insurance Corporation of India (LIC) — Delay in Loan Disbursement

Address:

Khordha, Odisha, 751013

I am sorry to inform that loan against my policy nos.[protected] &[protected] is pending with LIC'S 58H (Branch 2) situated in the at Jaydev Bihar, Bhubaneswar Stock Exchange Building.I handed over duly filled application forms along with my original policy documents on 12 Oct 15 and also in the possession of acknowledgement slip. I regret to inform you that as on date 17 Oct 15 i.e after a lapse of 5 working days disbursal of the loan has not been made to my designated bank account.On the contrary I gladly appreciate that I availed similar LIC policy loan from Visakhapatnam LIC Br-5 within one working day. This comparison shows the difference in the efficiency and dedication of LIC staffs in two different states. Pse undersdtand that a Secured Loan is demanded only when it is badly needed and when it is demanded and if not paid within a reasonable time IT IS A CRIME AND IT SHOWS LIC BHUBANESWAR BR-2 DOES NOT VALUE THE CUSTOMERS. B Bhuyan 356, Brahmeswar lane Rasulgarh, Bhubaneswar-751010