Lic Of India Reassignment Form 3857 -

Once submitted to the correct home branch with all valid documents, LIC typically processes the reassignment and returns the endorsed policy bond within 7 to 15 working days.

As per LIC rules, there is for registering a reassignment if the original assignment was registered for consideration (like a loan). However, if the reassignment is voluntary and for no consideration, a nominal fee of ₹50 or as per LIC’s prevailing circular may apply. Always check with your branch. lic of india reassignment form 3857

You will explicitly need LIC Form 3857 under the following financial circumstances: Once submitted to the correct home branch with

: Must include the policy number, date of original assignment, and the sum assured to avoid processing delays. Critical Documentation Original Policy Bond Always check with your branch

(The physical document is mandatory for endorsement).

The next morning, Arjun walked into the bustling LIC branch office. The smell of old paper and tea was familiar. He handed the completed Form 3857, the original policy bond, and the notice of assignment to the officer behind the counter.