LIC INDIA
Non deduction of premium

Kindly refer to my complaint no.1112000272 Dated 02.06.2011 regarding our Samridhi plus policy numbers 273354918 and 273354920 done in the month of April. The premium at a rate of Rs.8000 and Rs. 5000 per month respectively was also paid at that time for the month of April. The ECS mandate form was given and also cheque for the subscription for the month of April was also paid, which has been debited from our account simultaneously. Now the problem is that the premium for the month of MAY has not been debited from our bank accounts till this today i.e 08.06.2011. Several telephonic pursuance’s and reminder has been lodged in CBO-205 branch but in vain. It is not understood, why LIC is not interested to deduct the premium from our accounts. Now the problem is that premium of May and June both are due. Kindly arrange to collect the premium by 20th day of the month for which premium is due, otherwise if policy stops or any penalty occurs in case of non payment or delay payment will not be responsibility of ours. It is again requested to deduct the premium from our accounts as all papers are submitted with you which were duly checked by your office.

Company: LIC INDIA
Country: India
State: Uttarakhand
City: Dehradun

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