: The original policy document must be submitted along with the completed Form 3857 for the registration of the reassignment.
All rights are transferred completely. When the loan is cleared, an absolute assignment must be formally reversed using a reassignment deed or Form 3857. Structure and Components of Form 3857 lic of india reassignment form 3857
To ensure smooth processing, attach the following documents: : The original policy document must be submitted
: Ensure any necessary stamp duty has been paid if required for the specific type of assignment. Lic form 3857: Fill out & sign online - DocHub Structure and Components of Form 3857 To ensure
The exact date and location where the reassignment deed is executed.
Is the policy currently assigned to or an outside bank/NBFC ?
Once your loan balance reaches zero, request a Loan Closure Letter or No Objection Certificate (NOC) from your bank or lending institution. Step 2: Fill Out LIC Form 3857