Refund of Housing Loan Subsidy – obtaining Annexure-I

NOINO submitted a letter to Chief (Legal) today i.e. on 28.12.2011 regarding the probable difficulties in obtaining Annexure-I from LICHFL for re-imbursement of subsidy on housing loan interest. The letter is reproduced below:

28.12.2011

-------------

The Chief (Legal),

LIC of India,

CO, Mumbai

----------------

Dear Sir,

Re: Refund of Housing Loan Subsidy – obtaining certificate in Annexure-I

We thank you for taking steps to refund the subsidy amount to employees for the period from April 2010 to December 2010.

As per your circular ref: CO/HPF/738 dated 19.12.2011 employees have to provide certificate from LICHFL or any other Financial Institutions, as the case may be, in the prescribed Annexure-I provided with your said circular for claiming the reimbursement.

While getting the loans migrated to LICHFL under Employees’ Housing Loan Scheme, the employees in general had very bad experiences with the personnel of HFL by & large. HFL officials not only did not cooperate, they also harassed the employees by asking unnecessary requirements.

With these experiences fresh in mind, employees fear, they will again be exposed to mental torture by HFL officials when they will go to them for obtaining Annexure-I.

We, therefore, request you to take up the matter at Corporate level with HFL and get them instructed to cooperate with LIC employees when they go to them for obtaining Annexure-I.

Hoping that you will act at the earliest in this regard,

Yours faithfully,

Sd/-

Ganesh Kamath

GS, NOINO