Get the free sbi life insurance maturity form pdf

This document is used for the maturity claim and advance discharge of an insurance policy, facilitating the process to receive maturity proceeds and providing necessary details associated with the

How to fill out sbi life insurance maturity

How to fill out maturity discharge voucher:

1. Obtain the maturity discharge voucher form from the relevant financial institution or download it from their website.
2. Carefully read the instructions provided on the form or any accompanying guide to understand the required information and documentation.
3. Fill in your personal information such as your full name, address, contact details, and identification number as requested.
4. Provide the necessary details regarding the maturity of the financial instrument, such as the account number, date of maturity, and the type of investment.
5. If applicable, indicate any reinvestment options or instructions regarding the maturity proceeds.
6. Double-check all the information you have entered to ensure its accuracy and make any necessary corrections before submitting the form.
7. Sign and date the maturity discharge voucher as required.
8. Attach any supporting documents or proof of identity that may be requested by the financial institution.
9. Submit the completed voucher to the designated authority, either in person or by post, as per the instructions mentioned on the form.

Who needs maturity discharge voucher:

1. Individuals who have invested in financial instruments such as fixed deposits, bonds, or certificates of deposit that are reaching maturity.
2. Customers of banks, credit unions, or other financial institutions who have chosen to receive their maturity proceeds by using a discharge voucher.
3. It is essential for all those who meet the above criteria and wish to redeem their investment and collect the maturity amount.

People Also Ask about

Is LIC maturity amount guaranteed?

Now, when your tenure ends and if you outlive the policy period, LIC is likely to pay you the complete sum assured. This amount is called the maturity benefit.

What will be the amount of LIC after maturity?

Q: How much maturity benefit can one expect on the expiration of the LIC policy? Ans: If the insured or policyholder meets the terms of the policy at the expiration of the policy, they are entitled to receive 40% of the initial Sum assured in addition to various related bonuses and also the additional bonus amount.

What is claim discharge voucher?

A discharge voucher or settlement intimation voucher is a signed form the insurer takes from the insured. Such a voucher is taken at the time of claim settlement. The form states the amount that will be payable to the customer and he/she has to acknowledge the amount by signing the form.

How can I claim my SBI Life maturity amount?

Mandatory Documents Claim Form. Certificate of Insurance. Original Death Certificate issued by Local Authority OR Attested* copy of Death Certificate. Banker's Certificate (Only for Super Suraksha – Home Loan, Car Loan, Tractor Loan Policies) Claimant's current address proof. Claimant's photo ID proof.

How can I claim my LIC maturity amount?

Maturity Claims: The servicing Branch usually sends maturity claim intimations two months in advance. Please submit your Discharged Receipt in Form No.3825 with original policy document atleast one month before the due date so that the payment is received before the due date of maturity claim.

What is maturity of LIC policy?

Maturity Amount of LIC Plans The maturity amount is calculated by adding the sum assured, which is decided upon by the customer and the company at the time of purchasing the plan, the bonus amounts or profits received throughout the plan's tenure, and additional bonuses if mentioned by the Corporation.

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What is maturity discharge voucher?

A maturity discharge voucher is a document that signifies the completion of a financial obligation, such as a loan or investment, and serves as proof of discharge or settlement of that obligation.

Who is required to file maturity discharge voucher?

The borrower or the investor who has completed the term of their investment or loan agreement is required to file a maturity discharge voucher to officially close out the account.

How to fill out maturity discharge voucher?

To fill out a maturity discharge voucher, individuals must provide their personal details, account information, asset type, maturity date, and signatures as required by the lending or investment institution.

What is the purpose of maturity discharge voucher?

The purpose of a maturity discharge voucher is to document the settlement of a loan or investment, providing a formal acknowledgment that all obligations have been met and the account is closed.

What information must be reported on maturity discharge voucher?

The information that must be reported on a maturity discharge voucher typically includes the borrower or investor's name, account number, maturity date, details of the transaction, and necessary signatures.