Charges on LIC FD preclosure
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One of the LIC agent did a 1.5 lakh Rs fixed deposit. Now after 1yr 1 month i requested him to preclose my fd. He informed me that i will get only 1.32 lakh rs as return. Is it true? If yes, how it is justified by LIC to hold someone's money and then instead of giving 1 yr interest they are charging interest from me...
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https://www.desidime.com/discussions/charges-on-lic-fd-preclosure?page=1#post_10041373
if you pay 2nd year premium then loss will be more next year
https://www.desidime.com/discussions/charges-on-lic-fd-preclosure?page=1#post_10041572
Which premium you are referring to? It was a one time deposit only ...
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https://www.desidime.com/discussions/charges-on-lic-fd-preclosure?page=1#post_10041821
and agent got approx 20-30000 commison... LOL
https://www.desidime.com/discussions/charges-on-lic-fd-preclosure?page=1#post_10041911
HAHAHAHA boycot LIC xD no use:)) just put money in Bank FD's:) even tax saver FD or small finance bank FD is fine:)
LIC is worst
just be careful to put 5lakh only per bank entity for insurance benefits incase bankruptcy happens
LIC is worst
just be careful to put 5lakh only per bank entity for insurance benefits incase bankruptcy happens
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hmmm not sure its LIC FD, its LIC Policy probably which is probably worst always with lot of restrictions to make people not pre withdraw it easily so they leavy this heavy penal charges:)
that LIC agent tricked you in the name of FD but in reality its LIC Policy
Always dont take any policy in the name of tax benefits or in the name of useless referrals