The country's largest insurance company LIC has an unclaimed maturity amount of Rs 880.93 crore. There is no one to claim this amount. Minister of State for Finance Pankaj Chaudhary has given this information in the Lok Sabha. According to the information given by the minister, the Rs 880.93 crore lying with LIC belongs to 3.72 lakh policyholders in FY 2023-24, who have not yet claimed it. Let us tell you that if no claim is made for this amount for 10 years, then it may be difficult to withdraw it.
If you also feel that some of your money is lying with LIC, then there is nothing to worry about because LIC provides this facility to the policyholders and their dependents that they can easily check online death claims, maturity claims, premium refunds, or any other type of unclaimed amount online. Know here how to check and claim it.
Check Unclaimed Amounts like this
To check the unclaimed amount, you have to go to the official website of LIC. After this, come to the bottom and go to Unclaimed Amounts of Policyholders among the options given there and click on it. After this, a window will open in which you will be asked for the policy number, name of the policyholder, date of birth, and PAN card number. After giving this information, you have to click on the submit button. If you have any money in LIC, it will be visible as soon as you click on submit. After this, you have to complete the process of claiming the money.
Claim money like this
If you see the outstanding amount on checking, then you have to contact the LIC office to claim it. For this, you will first apply and along with this, you have to give KYC and also submit the required documents. After submitting this, the process of payment of the outstanding amount will start from LIC and in a few days, your money will come to the bank account linked to the policy.
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