LIC Policy Link with Bank Account: After the completion of the policy, LIC does not pay the money through cheque. She directly transfers the money to the account of the insured.
LIC Policy Maturity News: Life Insurance Corporation of India is the largest insurance company in the country. Even today, the middle class investment prefers to invest their money in LIC the most. By investing in it, customers get two benefits. First, they get more returns by investing in LIC’s policy. Along with this, the risk of losing money on investing in it is less because it does not depend on market risk. In such a situation, people invest heavily in it. LIC keeps its customers informed about the changes in the rules in maturity claims from time to time.
LIC has given this information to its policy holders that the insured should make available his account information to LIC for NEFT to get the claim of his policy easily. In the absence of bank account information, after the maturity of the policy, you may have trouble getting money by clicking it.
Nowadays LIC does not pay the money through cheque after the policy is completed. She directly transfers the money to the account of the insured. In such a situation, it is very important to give correct information about your account to LIC. If you do not do this, your money will get stuck and you may have to make several rounds of the office for this.
In this way link LIC with bank account – To link
LIC account with bank account, you must first download the form by visiting https://licindia.in/Marquee-Links/Download-NEFT-Form.aspx Will have.
Apart from this, you can also take the form by visiting the LIC office. After filling it, you submit the copy of Bank Passbook and Cancel Check together.
Within 1 week, your bank account will be linked with LIC policy.
After this, on the maturity of the policy, the money will come directly to your bank account.
