Life Insurance Corporation of India [LIC] — Refund of Interest charged on my LIC policy no.[protected].

Dear sir,
My name is Jay Ketan Mehta.
My lic policy number is[protected]. My payment mode is half yearly.
I paid my February 2021 insurance premium, of the said policy on 25th March 2021.
I got the receipt also. It was deposited in your account on 29th of March 2021.

After 4 months of receiving the premium the lic refunded my premium on 29th of July 2021. I did not get any information or message regarding this.
After my I complain on 12th October I received my paid premium amount Rs. 35150.48 on 14th of October in my credit card account.
Sincerely thank you very much for that.

But due to that i had to pay 2 premiums together with interest on February 21 premium, which is Rs. 2067.38

They say your premium date was 28 of February and we received payment on 29th of March so you have crossed one month grace period, but the month of February has only 28 days in a month so my grace period ends on 30th of March which was not considered by the computer.

My premium money of February 2021 was with LIC till 14th of October, so there is no point taking late fee or interest on my February premium you took again on 24 September 2021.

Fact is that my premium payment was not late and premium money was with LIC all the time.
My request is to look into this matter at earliest and wave the interest charged and refund me my interest amount with tax you charged considering my case.

Thanking you in anticipation.

- Jay Ketan Mehta
[protected]
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