I have policy no. 342119365 issued by lic of india, indore branch on 26.02.1998 under which after every four year money back cheqs was to be issued. In the year 2004 i had taken loan from a cooperative credit society by assigning other two policies, not this one. But the wise clerks of lic put assignment on my all policies i had in computer record. In the month feb 26 i had to receive the cheq for rs. 20000/- but till to date i had not received the said amount with a comment that give the cancellation letter of assignment from said cr.coop society. When I had submitted the letter, now they say that please submit the printed letter proforma given by them on rs.20/- stamp paper. Really i so much purterbed that i have decided to give the money back cheq to poor, beggar lic clerks as bribe. I have firmly decided not to purchase any life policy from lic of india, for my children and whomsoever i can say i will spread up this.
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