Lic Of India Reassignment Form 3857 [ QUICK ]

In most states, reassignment for loan repayment is exempt from stamp duty. For other cases, nominal stamp duty of ₹10-₹100 may apply. Check your state’s Stamp Act.

[Your Name]
[Your Address]
[City, PIN Code]

Date: [DD/MM/YYYY]

To,
The Branch Manager,
LIC of India,
[Branch Code/Address]

Subject: Submission of Assignment Form No. 3857 – Policy No. [Your Policy Number] lic of india reassignment form 3857

Dear Sir/Madam,

I, [Your Name], the life assured and policyholder of the above-mentioned LIC policy, hereby submit the duly filled and signed Form 3857 (Assignment Deed).

I am assigning the above policy in favor of [Name of Bank / Person] as per the loan agreement dated [Date] for a consideration of ₹[Amount]. The assignment is conditional and shall be reassigned to me upon full repayment of the said loan.

Enclosures:

Kindly register this assignment in your records and return the endorsed policy bond to the assignee/bank as per the instructions provided.

Thank you.

Yours faithfully,

(Signature)
[Your Printed Name]
Mobile: [Your Number] In most states, reassignment for loan repayment is

If the form is lost before submission, download a new one. If the registered reassignment certificate is lost after processing, file an FIR and submit an indemnity bond with LIC to get a duplicate.

Life Insurance Corporation of India (LIC) , the country’s premier insurance provider, manages crores of policies. Over time, circumstances change—policyholders may pass away, assignments may need to be cancelled, or the ownership of a policy might need to be transferred from one person to another. In the complex world of policy servicing, one document often creates confusion and urgency: LIC of India Reassignment Form 3857.

If you have been asked to submit Form 3857, or if you are a nominee or legal heir trying to transfer an existing policy into your name, this guide is for you. We will break down what Form 3857 is, when to use it, the step-by-step process, required documents, common mistakes, and frequently asked questions.