LIC Policy Surrender Form: Download, Fill & Submit \u2013 Complete Guide 2025<\/strong><\/h3>\nSurrendering your LIC policy? The first step is filling out the LIC Policy Surrender Form<\/strong> correctly. In this guide, we\u2019ll show you how to download the LIC surrender form, fill it step-by-step, and submit it<\/strong> at your nearest branch. If you\u2019re in Gurgaon, this page is tailor-made for you!<\/p>\n
\n\ud83d\udce5 Step 1: Download the LIC Policy Surrender Form (Form 5074)<\/strong><\/h3>\nThe surrender process officially begins when you fill and submit Form No. 5074<\/strong>, also known as the LIC Discharge Form.<\/p>\n\ud83d\udd17 Click here to download LIC Policy Surrender Form PDF<\/a><\/strong><\/p>\nNote: Always use the official form from LIC\u2019s website to avoid errors.<\/em><\/p>\n
\n\u270d\ufe0f Step 2: How to Fill LIC Policy Surrender Form Correctly<\/strong><\/h3>\nHere\u2019s how to fill each section of the form accurately:<\/p>\n\n\n\n\nField in Form<\/th>\n What to Write<\/th>\n<\/tr>\n<\/thead>\n \n\nPolicy Number<\/strong><\/td>\nYour LIC policy number<\/td>\n<\/tr>\n \nName of Policyholder<\/strong><\/td>\nAs per LIC records<\/td>\n<\/tr>\n \nReason for Surrender<\/strong><\/td>\nE.g., Financial need, not satisfied with returns, etc.<\/td>\n<\/tr>\n \nBank Details<\/strong><\/td>\nAccount number, IFSC, bank name for refund<\/td>\n<\/tr>\n \nSignature<\/strong><\/td>\nMatch the signature used during policy purchase<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n\ud83d\udccc Tip<\/strong>: Always write in BLOCK letters and double-check your bank details to avoid delays.<\/p>\n
\n\ud83e\uddfe Step 3: Documents Required to Surrender LIC Policy<\/strong><\/h3>\nAlong with the filled surrender form, you need to attach:<\/p>\n
\n- Original LIC policy bond<\/strong> (mandatory)<\/li>\n
- Self-attested PAN card copy<\/strong><\/li>\n
- Self-attested Aadhaar card or other address proof<\/strong><\/li>\n
- Cancelled cheque with your name printed<\/strong><\/li>\n
- LIC Form 3510<\/strong> (for policies above \u20b91 lakh SA in some cases)<\/li>\n
- NEFT mandate form<\/strong> (available at the branch)<\/li>\n<\/ol>\n
\ud83d\udccd If any document is missing, the surrender process may be delayed.<\/em><\/p>\n
\n\ud83c\udfe6 Step 4: Submit the Form at Your Nearest LIC Branch<\/strong><\/h3>\nTake all documents to your LIC servicing branch. If you live in Gurgaon, here are a few popular branches:<\/p>\n
\n- LIC Branch 11C, Sector 14<\/strong><\/li>\n
- LIC Branch 11X, HUDA City Centre<\/strong><\/li>\n
- LIC Branch 11Y, Sector 56, Golf Course Road<\/strong><\/li>\n<\/ul>\n
\ud83d\udd14 Don\u2019t forget to carry a valid ID and your LIC premium receipts (optional but useful).<\/em><\/p>\n![\"ill](\"https:\/\/www.insuringgurgaon.com\/wp-content\/uploads\/2025\/05\/ChatGPT-Image-May-7-2025-03_17_16-PM-683x1024.png\")
<\/figure>\n
\n\ud83d\udcc6 Processing Time & Refund<\/strong><\/h3>\n\n- Your surrender value will be credited within 7\u201310 working days<\/strong> after submission and verification.<\/li>\n
- You\u2019ll receive an SMS confirmation from LIC once the refund is processed.<\/li>\n<\/ul>\n
\n\u2757Important Things to Remember Before Surrendering<\/h3>\n\n- You must have paid premiums for at least 3 years<\/strong> for most policies to get surrender value.<\/li>\n
- Surrender value is usually less than the premiums paid<\/strong>.<\/li>\n
- Surrendering early can impact your life insurance coverage and savings.<\/li>\n<\/ul>\n
\ud83d\udc49 Consider other options like making the policy paid-up<\/strong> or taking a loan against it<\/strong> before surrendering.<\/p>\n
\n\ud83d\ude4b Need Help With LIC Policy Surrender in Gurgaon?<\/h3>\n
We assist individuals across Gurgaon with LIC surrender paperwork, form filling, and document collection.<\/p>\n
\ud83d\udcde Call us now<\/strong> or \ud83d\udce9 Contact us here<\/strong><\/a> to make your LIC surrender process stress-free.<\/p>\n
\n\ud83d\udd0e FAQs<\/h2>\n
\n
\ud83d\udce5 Step 1: Download the LIC Policy Surrender Form (Form 5074)<\/strong><\/h3>\nThe surrender process officially begins when you fill and submit Form No. 5074<\/strong>, also known as the LIC Discharge Form.<\/p>\n\ud83d\udd17 Click here to download LIC Policy Surrender Form PDF<\/a><\/strong><\/p>\nNote: Always use the official form from LIC\u2019s website to avoid errors.<\/em><\/p>\n
\n\u270d\ufe0f Step 2: How to Fill LIC Policy Surrender Form Correctly<\/strong><\/h3>\nHere\u2019s how to fill each section of the form accurately:<\/p>\n\n\n\n\nField in Form<\/th>\n What to Write<\/th>\n<\/tr>\n<\/thead>\n \n\nPolicy Number<\/strong><\/td>\nYour LIC policy number<\/td>\n<\/tr>\n \nName of Policyholder<\/strong><\/td>\nAs per LIC records<\/td>\n<\/tr>\n \nReason for Surrender<\/strong><\/td>\nE.g., Financial need, not satisfied with returns, etc.<\/td>\n<\/tr>\n \nBank Details<\/strong><\/td>\nAccount number, IFSC, bank name for refund<\/td>\n<\/tr>\n \nSignature<\/strong><\/td>\nMatch the signature used during policy purchase<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n\ud83d\udccc Tip<\/strong>: Always write in BLOCK letters and double-check your bank details to avoid delays.<\/p>\n
\n\ud83e\uddfe Step 3: Documents Required to Surrender LIC Policy<\/strong><\/h3>\nAlong with the filled surrender form, you need to attach:<\/p>\n
\n- Original LIC policy bond<\/strong> (mandatory)<\/li>\n
- Self-attested PAN card copy<\/strong><\/li>\n
- Self-attested Aadhaar card or other address proof<\/strong><\/li>\n
- Cancelled cheque with your name printed<\/strong><\/li>\n
- LIC Form 3510<\/strong> (for policies above \u20b91 lakh SA in some cases)<\/li>\n
- NEFT mandate form<\/strong> (available at the branch)<\/li>\n<\/ol>\n
\ud83d\udccd If any document is missing, the surrender process may be delayed.<\/em><\/p>\n
\n\ud83c\udfe6 Step 4: Submit the Form at Your Nearest LIC Branch<\/strong><\/h3>\nTake all documents to your LIC servicing branch. If you live in Gurgaon, here are a few popular branches:<\/p>\n
\n- LIC Branch 11C, Sector 14<\/strong><\/li>\n
- LIC Branch 11X, HUDA City Centre<\/strong><\/li>\n
- LIC Branch 11Y, Sector 56, Golf Course Road<\/strong><\/li>\n<\/ul>\n
\ud83d\udd14 Don\u2019t forget to carry a valid ID and your LIC premium receipts (optional but useful).<\/em><\/p>\n<\/figure>\n
\n\ud83d\udcc6 Processing Time & Refund<\/strong><\/h3>\n\n- Your surrender value will be credited within 7\u201310 working days<\/strong> after submission and verification.<\/li>\n
- You\u2019ll receive an SMS confirmation from LIC once the refund is processed.<\/li>\n<\/ul>\n
\n\u2757Important Things to Remember Before Surrendering<\/h3>\n\n- You must have paid premiums for at least 3 years<\/strong> for most policies to get surrender value.<\/li>\n
- Surrender value is usually less than the premiums paid<\/strong>.<\/li>\n
- Surrendering early can impact your life insurance coverage and savings.<\/li>\n<\/ul>\n
\ud83d\udc49 Consider other options like making the policy paid-up<\/strong> or taking a loan against it<\/strong> before surrendering.<\/p>\n
\n\ud83d\ude4b Need Help With LIC Policy Surrender in Gurgaon?<\/h3>\n
We assist individuals across Gurgaon with LIC surrender paperwork, form filling, and document collection.<\/p>\n
\ud83d\udcde Call us now<\/strong> or \ud83d\udce9 Contact us here<\/strong><\/a> to make your LIC surrender process stress-free.<\/p>\n
\n\ud83d\udd0e FAQs<\/h2>\n
\ud83d\udd17 Click here to download LIC Policy Surrender Form PDF<\/a><\/strong><\/p>\n Note: Always use the official form from LIC\u2019s website to avoid errors.<\/em><\/p>\n Here\u2019s how to fill each section of the form accurately:<\/p>\n \ud83d\udccc Tip<\/strong>: Always write in BLOCK letters and double-check your bank details to avoid delays.<\/p>\n Along with the filled surrender form, you need to attach:<\/p>\n \ud83d\udccd If any document is missing, the surrender process may be delayed.<\/em><\/p>\n Take all documents to your LIC servicing branch. If you live in Gurgaon, here are a few popular branches:<\/p>\n \ud83d\udd14 Don\u2019t forget to carry a valid ID and your LIC premium receipts (optional but useful).<\/em><\/p>\n \ud83d\udc49 Consider other options like making the policy paid-up<\/strong> or taking a loan against it<\/strong> before surrendering.<\/p>\n We assist individuals across Gurgaon with LIC surrender paperwork, form filling, and document collection.<\/p>\n \ud83d\udcde Call us now<\/strong> or \ud83d\udce9 Contact us here<\/strong><\/a> to make your LIC surrender process stress-free.<\/p>\n
\n\u270d\ufe0f Step 2: How to Fill LIC Policy Surrender Form Correctly<\/strong><\/h3>\n
\n\n
\n \nField in Form<\/th>\n What to Write<\/th>\n<\/tr>\n<\/thead>\n \n Policy Number<\/strong><\/td>\n Your LIC policy number<\/td>\n<\/tr>\n \n Name of Policyholder<\/strong><\/td>\n As per LIC records<\/td>\n<\/tr>\n \n Reason for Surrender<\/strong><\/td>\n E.g., Financial need, not satisfied with returns, etc.<\/td>\n<\/tr>\n \n Bank Details<\/strong><\/td>\n Account number, IFSC, bank name for refund<\/td>\n<\/tr>\n \n Signature<\/strong><\/td>\n Match the signature used during policy purchase<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n
\n\ud83e\uddfe Step 3: Documents Required to Surrender LIC Policy<\/strong><\/h3>\n
\n
\n\ud83c\udfe6 Step 4: Submit the Form at Your Nearest LIC Branch<\/strong><\/h3>\n
\n
<\/figure>\n
\n\ud83d\udcc6 Processing Time & Refund<\/strong><\/h3>\n
\n
\n\u2757Important Things to Remember Before Surrendering<\/h3>\n
\n
\n\ud83d\ude4b Need Help With LIC Policy Surrender in Gurgaon?<\/h3>\n
\n\ud83d\udd0e FAQs<\/h2>\n
![\"3](\"https:\/\/www.insuringgurgaon.com\/wp-content\/uploads\/2025\/05\/steps-to-surrender-form-200x300.png\")
<\/figure>\n![\"\"](\"https:\/\/www.insuringgurgaon.com\/wp-content\/uploads\/2023\/04\/Surrender-LIC-policy.webp\")
<\/a><\/figure>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"