Lic Of India Reassignment Form 3857 -

An individual assignee wants to return the policy ownership to you willingly.

LIC will verify the signatures and update their master records. They will stamp an endorsement of reassignment on the back of your original policy document and return it to you. The policy ownership is now officially yours again. Required Documents Checklist

: The form requires the signatures of the assignees (current owners) and a witness to validate the transfer. Typical Use Cases Loan Security lic of india reassignment form 3857

Yes, Form 3857 is available for download on the official LIC of India website under the "Downloads" or "Policy Servicing Forms" section. It is also available for free at any LIC branch office. 2. Is there a fee for registering a reassignment with LIC?

: Submit the completed deed along with the original policy document to your LIC Servicing Branch . An individual assignee wants to return the policy

: Full names and addresses of both parties (the entity currently holding the policy and the original owner receiving it back).

Ensure you have the following before you begin: The policy ownership is now officially yours again

: Reassigning the policy to the owner once a mortgage or personal loan is cleared.

LIC Form No. 3857 is the official Form of Reassignment for Valuable Consideration