The processing time for the LIC of India Reassignment Form typically takes 15-30 days. There are no fees for submitting the reassignment form, but policyholders may need to pay a nominal fee for changes to the policy documents.
This usually happens when a policy was assigned as collateral for a loan (e.g., to a bank or LIC’s Mortgage Department) and the loan has been fully repaid. The bank or financial institution must "reassign" the policy back to you so you regain full ownership rights. lic of india reassignment form
The LIC Reassignment Form typically requires the following information: The processing time for the LIC of India
Q: How long does it take to process an LIC reassignment form? A: The processing time may vary depending on the LIC office and complexity of the request. The bank or financial institution must "reassign" the