Form 3857 | Lic Of India Reassignment

The original policyholder should not sign the execution block of Form 3857. The form is strictly a release instrument signed by the lender/assignee .

If it is a bank, the authorized signatory (Branch Manager) will sign it and stamp it with the official bank seal. lic of india reassignment form 3857

Depending on the state of registration, a nominal stamp duty might be required on the reassignment deed. The original policyholder should not sign the execution