LIC Housing Finance Limited
Non disbursement of final cheque

Business & Finance

Dear Sir/Madam

I am Aruna from Hyderabad, my dad (Mr V Raghupathi Naik) has applied a Renovation loan nearly 2 months ago i.e., on October first week, file No is 108849, i received sanction letter on November first week as we have a home loan in south Indian bank, the closing amt of south Indian bank is sum 2, 60, 000, so the agent of LIC his name Mr Madhukar Reddy (Mob no.9000077234) said that part payment will be realeased prior and after we get the property papers and submit in LIC then we will get the balance amt, so first cheque released on nov 7th 09 and we got the papers and submitted in LIC on 13th nov 09, he said the balance amt will be released within 4-5days but its almost 20 days now i have not yet received my loan balance amount cheque. The agent Mr Madhukar Reddy postponing the dates and we called to the head office at ameerpet they are saying they have sum systems online problems which i wouldn’t understand their problem what they are saying. My dad really in trouble and in bad time only due to LIC 's bad processing and idling in procedures...

kindly requesting give a good response and action at earliest..

regards

V Aruna

9550717776


Company: LIC Housing Finance Limited
Country: India
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