02/10/2011

LIC Payment through Electronic transfer only

To Bring more transparencies and quick payment  to policy holders for all their  benefits(survival, maturity  surrender payment etc). Life Insurance Corporation of India decided to make the payment directly transferring the amount to the bank account of policy holder. This will be effective from 1/10/2011 onward. So all the LIC policy holders are now required to submit the bank account details accordingly. The details can be  Down loaded from site of Life Insurance Corporation of India  If you want to know more about life insurance of private company like HDFC etc. click here
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