LIC Surrender Form; LIC surrender form 5074 download; LIC surrender form free download

Any Traditional policy of LIC OF INDIA can be surrendered only after 3 years from DOC ( Date of Commencement) of the LIC POLICY. In ordered to surrender the LIC POLICY, the LIC POLICYHOLDER needed to submit the surrender form duly signed by the POLICYHOLDER on the 1st and 2nd page( sign on the 2nd page should be across the revenue stamp) along with the LIC POLICY BOND at the home branch.

                           The surrender form can be downloaded from

                                       Surrender form, form no. 5074.

Note:- LIC POLICY can be surrendered only at the home LIC BRANCH from which the LIC POLICY belongs to.

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99 thoughts on “LIC Surrender Form; LIC surrender form 5074 download; LIC surrender form free download

  1. Hi-I want to surrender my lic policy-i am already NEFT Compliance
    ie. already have a letter with me which shows me registered for lic neft
    so do i have to again fill the neft form or just send a copy of the neft letter which i have with me.also on the 5074 form do i require witness signature
    thanks ankur

  2. THE surrender form which you have on this website shows Delhi divison,so is it ok if i use it for my office which is in mumbai?
    Also i want to surrender my policy via courier so in the form which are the columns i have to keep blank and which to fill?
    Like i do not know the exact surrender value but same is asked in the form….
    PLS GUIDE…Ankur

    • Form of one Division can be used in other, it will not make any difference. so you can use it in any branch. You simply sign on the first page right side and 2nd page right bottom side by affixing revenue stamp of Rs 1, don’t forget to send NEFT form alongwith it and complete all the requirements needed in the NEFT form alongwith.

  3. I have 2 lic Policy with me.. i have started paying the pre..from aug 2010.. i need to close the policy for some urgent need.. can i do that..?

  4. Hi,

    I want to Surrender my LIC Jeevan Saral policy. Can you help me calculating the surrender value.
    Also, can you provide me link to NEFT Cancellation form.

  5. I had surrendered my policy via courier about 2 weeks back-how do i know the status of the same- Can you give me the email address of customer service- lic branch no 927 -thks

  6. Sir, I am having a policy of Market Plus, I had taken this policy in 23rd March 2010 and paid upto March 2012, rs 50000 yearly. Can I
    surrender this policy now?

  7. Sir, I am having a policy of Wealth Plus, I had taken this policy in 23rd March 2010 and paid upto March 2012, rs 50000 yearly. Can I surrender this policy now?

  8. i has been surrended my market plus policy to my Home Branch last week…. i want to know at your level how the time duration will be for settelment of policy through NEFT

  9. Sir,
    I have a LIC policy at Kudal branch (94E), two weeks back I had sent branch change request to Kudal branch via speed post. Is there any way to find status of this, whether new branch (92C) has changed to new branch?

    Thanks,
    Milind Vengurlekar

    • You can visit your nearest branch and take the status of your policy, the status of the policy always shows servicing branch. But I am sorry, I don’t think there is any way to check this online.

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