Life Insurance Corporation of India [LIC] — Non payment of money back amount by lic, cab branch, bhubaneswar

Address:	Khordha, Odisha, 751013
Website:	licofindia.in

Subject: non-payment of money back amount by your cab branch even after two months
Dear sir/madam,
It is to bring to your kind notice as under:
1. I have got the following five new bima bachat (Table-816) policies opened on 28/04/2014 in my name and my family members in your cab branch
[protected] 28.04.14 tbl 816 318307 bikash kumar son sa 450000 450000
[protected] 28.04.14 tbl 816 343597 bidyadhar panda self sa 460000 460000
[protected] 28.04.14 tbl 816 328658 bidyadhar panda self sa 440000 440000
[protected] 28.04.14 tbl 816 207060 rashmibala panda wife sa 280000 280000
[protected] 28.04.14 tbl 816 162690 rashmibala panda wife sa 220000 220000

2. As per provisions in the policy, 15 per cent of sum assured, shall be paid to our registered bank accounts through neft after 03 years, i. E. On 28.04.2017.
3. Neft has been registered with lic for each policy mentioned above and acknowledged by lic.
4. Though almost two months passed after the scheduled date, your cab branch has not yet paid the amount, which has caused unnecessary harassment and financial loss to me as a sr. Citizen with not much scope to earn and manage family.

You are requested to enquire the matter and arrange for release of my overdue amount with penal interest from the person responsible, at the earliest.

With regards,
Bidyadhar panda