: It is most commonly used when a policy was previously reassigned to a bank or financial institution as collateral for a loan. Once the debt is cleared, this form transfers the rights and benefits back to the original policyholder. Estate Planning
Steps for Filling the Form * Personal Information: Include details of the original policyholder (assignor), such as name, address, Lic form 3857: Fill out & sign online - DocHub lic of india reassignment form 3857
: The physical policy document must be sent to the LIC divisional office for registration of the new assignment. : It is most commonly used when a
: Any corrections or overwriting on the form must be authenticated by a full signature from the applicant. You can typically download necessary forms from the LIC Official Download Page or obtain them directly from your servicing branch. licindia.in Are you filling this out specifically for closing a bank loan , or is this for a personal transfer between family members? Download LIC India Forms for Hassle-Free Transactions 30 Mar 2026 — : Any corrections or overwriting on the form
Filling out the LIC of India Reassignment Form 3857 is a straightforward process. Here are the steps to follow:
: Includes the names and addresses of both the current owner (assignor, e.g., the Bank) and the person receiving the rights (assignee, e.g., the Policyholder).