Lic maturity claim neft Forms and Templates

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Questions & answers

What is the process after maturity LIC policy?

Once the documents are sent to the insurance company, upon verification, the insurance company will process the maturity claim and make the payment to the policyholder. The maturity proceeds will be credited directly to the bank account of the policyholder after the policy maturity date.

How can I withdraw my LIC policy after maturity online?

Documents Required for Maturity Claim DischargeOriginal LIC Policy Document.Identity Proof.Age Proof (if not submitted previously)Cancelled Cheque leaf or a copy of the Policy holder's Bank Passbook.NEFT Mandate Form (to transfer the maturity proceeds directly to the policyholder's account)More items•Mar 4, 2020

How can I withdraw money from my LIC policy after maturity?

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.

Can I withdraw money from LIC after maturity?

A life assured is only able to surrender his/her LIC policy after having paid the premium for about 3 years. LIC provides a certain amount of money to the policyholder while withdrawing the policy online. This specific amount of money is surrender value.

Can we claim LIC maturity amount online?

Due to lockdown and policy restrictions, LIC allowed its policyholders to submit maturity claim related documents online. The required documents were required to be scanned and then submitted via email to the servicing branch.

How can I get NEFT in LIC?

Step 1: Log in to LIC portal. Step 2: Select Service request to Register NEFT online. Step 3: Policy Selection for NEFT Registration. Step 4: OTP validation for varification. Step 5: Fill your bank details. Step 6: Generate the NEFT form. Step 7: Upload NEFT form to register NEFT details.