LIC has 880 crores lying idle, claim it this way

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India, a country with a population of more than 140 crores, has crores of people who invest in Life Insurance Corporation of India (LIC) to save money. Many of these people are not even in this world after investing money in LIC. You will be surprised to know that the country’s largest insurance company LIC has an amount of more than 900 crores lying idle which has not been claimed by anyone till date. Imagine 900 crores rupees. We are not saying this, but the Minister of State for Finance Pankaj Chaudhary himself gave this information in the Lok Sabha.

This amount belongs to 3,72,282 policyholders

Pankaj Chaudhary said that “This amount belongs to 3,72,282 policyholders, who have been unable to get maturity benefits. According to the information, LIC has an unclaimed maturity amount of Rs 880.93 crore in the financial year 2023-2024. In such a situation, if you or your parents or any of your acquaintances have taken LIC policy and have forgotten to claim it, then you can check it very easily and claim it. Let us tell you how you can claim your unclaimed policy from LIC.

Unclaimed amount of Rs 880.93 crore is lying

Let us tell you that the country’s largest insurance company LIC has crores of rupees lying idle. No one is claiming that amount. Actually, Life Insurance Corporation of India has an unclaimed amount of Rs 880.93 crore There is an unclaimed amount. If you also want to know the amount of this unclaimed maturity, then let us tell you how you can claim it. You can check it either online or by visiting the LIC office. Let us tell you that you will need documents to know the amount of unclaimed maturity.

These documents will be needed

  • Name of the policy holder
  • Date of birth of the policy holder
  • LIC policy number
  • PAN card number

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Check unclaimed maturity in this way

  • To check unclaimed maturity, first of all
  • Go to the official website of LIC https://licindia.in/home
  • Click on Customer Service written on the homepage
  • Choose the option of Unclaimed Amounts of Policyholders
  • Fill in the details of name, policy number, date of birth and PAN card
  • After filling the details, you will get the complete details as soon as you submit it

And anyway, if no one claims the policy when it matures, then that amount is put in the unclaimed amount. In such a case, if any amount remains unclaimed for 10 years, it is transferred to the Senior Citizen Welfare Fund. Then this amount is used for the welfare of senior citizens.

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