Either cancelled cheque leaf bank passbook or bank statement containing your name account number and IFSC.
What is neft form in lic. However this submission of the NEFT Mandate form was offline only. LIC then deposits the survivaldeath benefit to the bank account of the policy owner through online transfer NEFT. The procedure for a policy owner is to download LIC NEFT form fill and submit it at a nearest LIC office for claims and getting maturity payments.
From year 2012 Life Insurance Corporation of India LIC has made it mandatory for all the policyholders to submit the NEFT Mandate form to receive any type of payments from the insurer like Survival benefits and or Maturity Benefits. One needs to follow the procedure given below to transfer funds using NEFT-. For this purpose we require your bank details for making the policy payment through NEFT National Electronic Fund Transfer.
The person legally entitled to receive the policy monies should give intimation of death of the policyholder to the servicing Branch. LIC NEFT FORM DOWNLOAD The payment under your policyies will be to be credited directly to your Bank account through electronic mode of payment only. NEFT National Electronic Fund Transfer.
LIC transect of money only through NEFT to customers. NEFT will ensure speedier and secure mode of payment. Advantages of NEFT system for LIC Policy holders Annuitants.
The policy holder claimant will get the credit in his own account on the due date of payment irrespective of the location of his bank. However it is not required if already submitted. This form will also have two boxes exclusively for your Cheque image and PAN card image.
And send these attachments through email to LIC branch in which your policy is being ser. Hope this helps y. Step 1-Login to your online banking account using your login ID and passwordStep 2-Go to the NEFT Fund Transfer SectionStep 3-Add beneficiary by entering hisher name bank account number and IFSC CodeStep 4-Once the beneficiary is successfully added you can initiate an NEFT.