Inconsumercomplaints.com » Business & Finance » Review / complaint: Life Insurance Corporation of India - ECS MANDATE GIVEN BUT PAYMENT NOT DEBITED FOR THIS YEAR | News #381758

Life Insurance Corporation of India
ECS MANDATE GIVEN BUT PAYMENT NOT DEBITED FOR THIS YEAR

The LIC of India

PCMC Bangalore

Dear Sir/Madam,

REF: Policy Nos. 891345091 892585105 892842473 & 893131436

Name of the Policy Holder: TRITON WENSEL DSOUZA

SUB: Payment thru' ECS not debited

LIC Service Branch No. 89F – Jogeshwari, Mumbai

Dear Sir/Madam.

The above Policies were enrolled with you on 28th August for ECS and a mandate was given to debit the same from my A/c with Axis Bank as follows:

Policy No.891345091 dated 21-01 for Rs. 3735 yearly.

Policy No.892585105 dated 21-01 for Rs.3852 yearly.

Policy No.892842473 dated 28-01 for Rs. 3872 yearly

Policy No.893131436 dated 28.01.2006 for Rs. 3891 yearly

The above transaction were then carried out as per the instructions from the year 2008 till the year 2010. This year the above has not been debited from my account and accordingly complaints

were registered as follows:

1) Online Complaint on 17th March

2) LIC Service Branch through the letter sent by email on 1st March.

3) Axis Bank Branch at Bangalore dated 24 March.

A reply from Axis Branch in their letter dated 30th March (enclosed) states that the amount for the above policies were presented by LIC and the same were returned

for the reason “ACCOUNT DESCRIPTION DOES NOT TALLY” (ie NAME MISMATCH). The bank on my request had also repeated their advice to you on 20th February.

On my follow up with the ECS Dept of LIC it seems there is no communication from your end and cannot be followed up.

I therefore request you to kindly investigate the matter and let me know immediately to follow up on the same. Your reply can be sent to the above address

or to my email address: [email protected]

Thanking you,

TRITON DSOUZA (Contact Mobile No. 9820071843)

6th April.

ADDRESS: TRITON DSOUZA

B26 Sugandh

Bhausaheb Parab road, Dahisar West,

Mumbai 400068.


Company: Life Insurance Corporation of India

Country: India   State: Maharashtra   City: Mumbai Suburban

Category: Business & Finance

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