Money Blocked in LIC
Today there are many people who invest in multiple schemes at the same time and the investment amount from their account (LIC Login) automatically cut off. Many times the plan is deep and they are not even aware of it. After the expiry of the scheme (LIC Online Payment) If this amount is not withdrawn after a long period of time, the amount is called unclaimed amount. Also, if the policyholder dies and the nominee is unable to claim the money, then the money is called unclaimed amount. (LIC Customer Login)
Some time ago, it was said that LIC itself has an unaccounted amount of crores of rupees. LIC gave this information when LIC came up with the IPO.
However, there is no reason to worry in this case as LIC provides the facility to the policyholders and their dependents that they can easily check the online maturity claim, death claim, premium refund or any other unclaimed amount online.
How to Check Unclaimed Amount
* First of all one has to visit the official website of Life Insurance Corporation of India (LIC).
* Click on the unclaimed amount of the policyholder
* After this a new window will open. In which you will be asked a lot of information. Like – policy holder name, policy number, date of birth and PAN card number etc
* After entering this information click on submit button
* After this you will see if you have any money in LIC
* After this you have to complete the claim process
How to claim
If you check and see that due amount then you need to contact LIC office to claim this amount. For this you have to apply first.
After this you have to provide KYC. After this you have to provide the requested documents. After this, LIC will start the process of payment of the outstanding amount and within few days your money will reach the bank account associated with the policy.
Disclaimer
Investing in mutual funds and stock market is based on risks. Be sure to consult your financial advisor before investing in the stock market. AkhandIndia.com shall not be liable for any financial loss.