Tuesday, April 01, 2008

LIC, wake up

Why are public service sucks? Is it for all or specially designed torture technics for me alone?
I had a loan from lic. After facing difficulty in managing the EMI and payment, I decided to close the loan. With lot of effort, I managed to pay lump sum in two batches. After that they mentioned that a request to close the loan ought to be raised and they would tell me the final settlement. I did the same and paid the last payment of 2k+. Relaxed a bit of closing a hefty loan. Next month came a surprise from lic; they were trying to use the cheques to collect further money. Upon failing to encash, they started adding up penalties.


Sick folks. Will definitely consider settling the issue thru consumer court.

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