Lic Of India Reassignment Form 3857 Jun 2026

Always carry the following documents alongside Form 3857 to ensure immediate processing:

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To ensure a smooth transition of ownership, follow this structured submission process. Step 1: Obtain the No Dues Certificate

If you take a policy loan directly from LIC, you assign the policy to them. After paying off the final installment of the principal and interest, Form 3857 is required to clear the lien. 2. Loan Repayment to a Bank lic of india reassignment form 3857

The signature must be witnessed by an eligible individual (usually an LIC agent, development officer, branch manager, or a notary public) with their name, address, and signature. Step-by-Step Process to Reassign Your LIC Policy Follow these steps to ensure a smooth reassignment process: Step 1: Obtain the No Objection Certificate (NOC)

This is the most common use case. You took a loan from a bank or financial institution by assigning your LIC policy as collateral. Once you repay the loan in full, the bank (assignee) must execute a reassignment using Form 3857 to return the policy’s rights to you.

Filling out the LIC of India Reassignment Form 3857 is a straightforward process. Here are the steps to follow: Always carry the following documents alongside Form 3857

Steps for Filling the Form * Personal Information: Include details of the original policyholder (assignor), such as name, address, Lic form 3857: Fill out & sign online - DocHub

The exact date the transfer is being executed.

A: The required documents include the policy document, identity proof, and address proof of the policyholder and the new owner. Can’t copy the link right now

You will need to fill out and submit in the following scenarios:

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