NO PAYMENT IN LUMP SUM OF MY SLIC POLICY ON MATURITY
I Sumat Jain of 27, Moti Dungari, Alwar (Raj.) Invested Rs. 30000/- on 31.03.2006 as one time payment to HDFC Standard LIC pension plan. My policy no. is 10573564 The due date of maturity was 31.03.2011.
On 05.04.2011 the HDFC sent me a letter asking me to choose any option of annuity out of 3.
When I requested to HDFC to pay me the total maturity amount Rs. 45436.74 In Lump Sum, they told that I have lost my this option because they send me a letter in Feb. 2011 to select this option and as I didn’t avail this option at that time I am not entitled now.
I told them that I have never received your such letter, but they told that they have despatched the letter through DTDC courier.
I request to your honour to please enquire into the matter, I have not received any such letter till today. I don’t know to whom HDFC has send and to whom the courier have been delivered. On enquiring at DTDC courier, Alwar. they have informed us that they have never received this letter, so how they can deliver it.
I want the total maturity value in Lump Sum payment. The HDFC don’t want to give me even half of the bank’s saving account rate of interest and have ill intention to mitigate my hard earned money by adopting the unfair means.
I request you to please direct to HDFC to pay me my maturity amount in Lump Sum
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