Meet the .
One wrong digit can link the reassignment to a different policy. Double-check. lic of india reassignment form 3857
Are you reassigning from a or a private individual ? Meet the
LIC does not charge a fee for registering a reassignment. However, you may need to pay nominal stamp duty fees depending on state laws if a separate indemnity bond is required. 3. How long does it take for LIC to process Form 3857? Are you reassigning from a or a private individual
Needed to update or verify your bank details for future survival or maturity benefits. Crucial Tips for a Error-Free Submission
In most states, reassignment for loan repayment is exempt from stamp duty. For other cases, nominal stamp duty of ₹10-₹100 may apply. Check your state’s Stamp Act.
The person or institution currently holding the policy rights (the lender/bank).