I want to change the bank account of my LIC policy (from which the money is deducted every month), I want to know the process?
Thanks,
Sudheer
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I want to change the bank account of my LIC policy (from which the money is deducted every month), I want to know the process?
Thanks,
Sudheer
To change the bank details:
1- Download / Print / Fill ECS Mandate Form
2- Duly attested ECS Mandate Form by the bank
3- Submit the attested ECS Mandate Form to LIC and a copy to Bank also.
Please note that the change request is to be given to the respective service branch only.
Download ECS Mandate Form from here - http://www.licindia.in/altpay/alch80...NDATE_FORM.doc