I had paid premium 175000, 25000 yearly for 7 years. As i can see online sum assured showing 135000. Maturity payout of my policy is only 195000 in which 20000 is bonus. This bonus is not even 3% interest. Branch executive told me maturity amount will be in between 225000 to 25000. This is big cheating.
I have send email to customer service for breakup but there is no reply from executive. If I was deposited same amount to bank in saving account i would get interest of 4%.
Policy details
Policy Number[protected]
Premium Paid - 175000
Maturity- 195000
Bonus- 20000
Interest rate - less than 3%
If i invest same amount in LIC then return will be at 7 % is 45000.
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