LIC Housing Loan
Intentional Delay on an approved loan

We the Rajpal family have applied for a housing loan on the names of my brother Kamlesh Rajpal (NRI) and Meena Rajpal a housewife who lives with me and my dad in Mumbai. The loan has been applied with appropriate documentation (all as requested by LIC India) and has been approved with the sanction letter in hand. After 3 months of struggle with as minimum as 3 visits a day to the LIC office everyday, and face all possible embarrassment of hearing our documents being lost, to the officers being on unpaid leave without notice, them not picking up our phone calls, LIC office in thane not having a workable PC for processing the loan... we finally at the end of the third month last week had a sanction letter from them. And now the loan as per the officers will take another month before we get the cheque as they are demanding a power of attorney from the society of the building which they dont have. Besides, the reason given to us is that post issuing the sanction letter some officer might now wake up to do the research on our documents and the property to see if all is in order which will take a month.

Can someone help us get us our new home by helping us get the cheque from this (as well known always for its attitude and style of working) govt organisation LIC? our file no is 407908 with LIC

Company: LIC Housing Loan
Country: India

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