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How to fill out lic nach mandate form

01

Download the LIC NACH mandate form from the LIC website.

02

Fill in all the required details such as policy number, bank account details, and personal information.

03

Make sure to sign the form in the designated areas.

04

Attach a cancelled cheque or a copy of the bank passbook to the form.

05

Submit the completed form to the LIC branch or send it via post to the address provided.

Who needs lic nach mandate form?

01

Any policyholder who wishes to authorize LIC to automatically deduct premium payments from their bank account on a recurring basis needs to fill out the LIC NACH mandate form.

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What is lic nach mandate form?

The LIC NACH mandate form is a form used to authorize LIC to debit your bank account for premium payments through the National Automated Clearing House (NACH) system.

Who is required to file lic nach mandate form?

Policyholders who wish to pay their LIC premiums through the NACH system are required to file the LIC NACH mandate form.

How to fill out lic nach mandate form?

To fill out the LIC NACH mandate form, you need to provide your bank account details, policy number, and authorize LIC to debit your account for premium payments.

What is the purpose of lic nach mandate form?

The purpose of the LIC NACH mandate form is to streamline premium payments for policyholders and ensure timely payments to LIC.

What information must be reported on lic nach mandate form?

The LIC NACH mandate form requires information such as bank account details, policy number, and authorization for automatic debit of premium payments.

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