Lic Of India Reassignment Form 3857 ⟶ [EASY]
The LIC of India Form No. 3857 is the official document used for the Absolute Reassignment of a Life Insurance Policy for Valuable Consideration. This form is typically required when a policy that was previously assigned (often to a bank or financial institution as security for a loan) is being transferred back to the original policyholder after the loan has been repaid. Key Purpose and Use Cases
LIC of India Form 3857 is the official document used for the reassignment of a life insurance policy lic of india reassignment form 3857
Common scenarios where Form 3857 becomes a superhero: The LIC of India Form No
Step 6: Obtain Acknowledgment
After submission, LIC will enter the reassignment in its books and return the original policy document (if deposited earlier) with an endorsement or a separate reassignment certificate. Keep this safely – it is proof that you are now the absolute owner. Original policy document Proof of identity (e
Official Seals: If the assignor is a bank or institution, their official rubber stamp or seal must be affixed next to the signature. Common Use Cases
- Original policy document
- Proof of identity (e.g., PAN card, Aadhaar card)
- Proof of address (e.g., passport, utility bill)
- Proof of relationship (e.g., birth certificate, marriage certificate)
