Step-by-step guide to receive LIC maturity amount without hassle
📝 Blog Content / Description
When your LIC policy completes its term, the most important thing is receiving your maturity amount on time. Understanding the LIC maturity claim process helps you avoid delays and ensures a smooth payout.
🔹 What is LIC Maturity Claim?
A maturity claim is the amount paid by Life Insurance Corporation of India when your policy term ends and you have paid all premiums regularly. This amount includes:
- Sum assured
- Bonus (if applicable)
🔹 Documents Required for LIC Maturity Claim
To receive your LIC insurance money, you need:
✅ Original policy bond
✅ Identity proof (Aadhaar / PAN / Voter ID)
✅ Bank details (cancelled cheque or passbook copy)
✅ LIC maturity claim form
🔹 Step-by-Step LIC Maturity Claim Process
1️⃣ LIC sends maturity intimation before policy expiry
2️⃣ Submit required documents to LIC branch
3️⃣ Verify bank and KYC details
4️⃣ LIC processes the claim
5️⃣ Amount credited directly to your bank account
Most maturity claims are settled within a few working days if documents are correct.
🔹 Online LIC Maturity Claim
You can also update details online using LIC’s official services:
- Update bank account
- Track policy status
- Check maturity date
This makes the process faster and more transparent.
🔹 Important Tips
⚠️ Ensure your bank account is active
⚠️ Match name in policy and bank records
⚠️ Submit documents before maturity date
🔹 Conclusion
The LIC maturity claim process is simple and reliable. With correct documents and updated bank details, you can receive your LIC insurance money safely and on time. Planning ahead ensures zero stress and maximum benefit.