I took my LIC loan couple of years back in Chennai. The sanction of loan amount was super fast. Recently I repaid 2 lac towards my principal. My expectation was there will be some change in my EMI but it was not... still im paying the same EMI even after repaying towards principal.
Fed up of going back and forth to regional office. When I call LIC office they simply cut the call and never responds. Just like a typical government office.