Life Insurance Corporation of India [LIC] — modt charges

Address:500089

Lic does not mortgage the property as a process of housing loan. If they do not mortgage the property, how is modt of.5% of the property applied? If actual mortgage is done, then modt should not be completed. Not sure why lic is collecting modt charges of.5%
For a 60lac property, we have to pay modt of 30k+ charges
I am not sure if this is legally right
Was this information helpful?
No (0)
Yes (0)
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
Nov 08, 2017
Updated by vrmadh
this is in Hyderabad, Telangana
Complaint comments 

Comments

Sir,
I have a policy[protected] dehradun and i want to change my adress.my new adress is here.
Name: Kameshwar shukla
DOB: 25/10/1980
Adress: chotka dhakaich, krishna brahm {P.S} Dhakaich, Barka Dhakaich, Buxar, Bihar, 802133

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Life Insurance Corporation of India [LIC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    6212
    Pending
    0
    Resolved
    2214
    Life Insurance Corporation of India [LIC] Phone
    +91 22 2217 8600
    +91 75 5267 6254
    Life Insurance Corporation of India [LIC] Address
    LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
    View all Life Insurance Corporation of India [LIC] contact information