LICI
Rejection of loan against moneyback policy

Business & Finance

I, Saroj Kanti Samanta, resident of Vill-Hatabari, Udayan Cinema Road, P.O. Contai,

Dist. PUrba Medinipur, West Bengal, PIN-721401 taken a LIC Money Back Policy No. 432733041.

I took loan from that policy and repaid it on 11.12.2009 I am awaiting for my Policy Bond

refunded. Suddenly on urgent need of money for medical treatment I apply for fresh loan.

The loan officer Mr. Mohanti refused my loan application saying you are not entitled to get

loan several times. When I beg him describing my urgent need of money for medical treatment,

he roughly misbehaved me saying how can I find your Policy Bond among 30 Thousand Policy. He

cut down my loan application and return it to me cancelling the loan application.

Thereafter I personally meet Mr. Panda, Sr. Branch Manager, Lici, Contai Branch and

request him to grant my prayer. I am sorry to say that very disgusting and painful behavior

is offered by Mr. Sr. Branch Manager. He said, he could not do anything. The loan officer's

decision is final. I have to wait a undefined period to get my Policy Bond refunded. He is

quite busy to handle my problem. Inspite of all my efforts to convince him my urgency of money,

I was returned home with cut down loan application prayer and loan application form.

I request you to please get this matter resolved on the highest priority and please

take a serious action against Mr. Senior Branch Manager so that in future no other customer

would suffer like me.


Company: LICI
Country: India
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