Life Insurance Corporation of India [LIC] — unmatched roi and huge rewriting charges

Address:700010

I have taken home loan on 29th September 2015. LICHFL is charging 11.85% ROI from the month of November, 2017. The ROI they are charging is huge and my EMI also increased lot which has thrown me into a financial crisis. I am paying the increased EMI which is not near to any bank or financial institution. I visited to the Haldiram branch to rewrite my loan a/c but they told me to submit approximately 12K rupees. I am not in a situation to pay the amount.

My loan a/c number[protected]
ROI: 11.85%
phone: [protected]
Address: 46B/2/16 Suren Sarkar Road, Kolkata - 700010
Was this information helpful?
No (0)
Yes (0)
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint.
Dec 05, 2018
Updated by Souchat
At the time of applying they never told me that my ROI will be this high. This is absolutely false commitment to the customer. I need compensation for the harassment and want back the huge extra amount I paid to LIC for the last one year.
Complaint comments 

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