LIC OF INDIA
Cheque issued by LIC Returened by Bank-Funds insuficient in LIC Account

A Cheque No. 418376 dated 28.10.10 amounting to Rs. 28260/- issued from LIC India, branch Gumti No. 5, Kanpur (A/c No. - 12820200000082) in my name was returned by the bank because of following reasons -

1. Firstly, the Cheque returned by the Bank of Baroda, Saharanpur stating that the signature of the drawee differs on 13.11.2010. After pursuing the matter personally it got resolved.

2. After that, the clearing staff suggested to deposit the cheque in the bank again.

3. On depositing the cheque in the bank the second time on 01.12. the cheque was again returned on 02.12.10 by the bank mentioning that the funds are insufficient in the LIC Account (A/c No. 12820200000082 of LIC in Bank of Baroda, Gumti No. 5, Kanpur)

4. Till date the cheque is still with me without any disposal.

5. Kindly suggest a solution. Such an irresponsible act is not expected of a Premier Institution of Govt. of India.

Shri Arun Kant Arya

Postal Training Centre

Saharanpur - 247 002