LIC Jeevan Suraksha Pension Plan
Amount Not received as per LIC offer lette

As per LIC Sandhurst bridge branch letter dated 6.08.08 under refe IPP/ 909/Annuity option/122/0000003 relating to Pension plan Jeevan Suraksha I had given option to receive pension quarterly to the credit of SB Account No. 93413 with IOB Fort Mumbai branch.

On my checking the account there was a credit of Rs. 393 on 1.06.2009 in that account.

But as per LIC letter refered above vide page no. 2, I should get Rs. 514 after commutation of 25%.

I am not satisfied with such mistake even on the first instalment and I am not sure whether LIC will be in a position to continue for another 59 months to continue to pay Rs 514 every quarter without any mistake.

Please let me know whether I can receive entire amount right now I lost confidence

Parvathi Mangalam