₹3726 Crores of Unclaimed LIC Money – Check If You Have Money Waiting for You!
Have you ever taken an LIC policy (Life Insurance Corporation of India) and forgotten about it?
You might be surprised — ₹3726 crores of unclaimed money is lying with LIC, waiting for rightful owners to claim it.
Many people across India are unaware that their maturity amount, survival benefits, or death claims are still pending.
If you ever had an LIC policy — or if a family member had one — you can check online whether any unclaimed amount belongs to you.
In this post, we’ll explain how to check, what documents you need, how to withdraw your amount, and important tips to claim your rightful money safely.
What Is Unclaimed LIC Amount?
An unclaimed amount is the money that LIC owes to policyholders or their nominees but has not yet been claimed.
This includes:
- Maturity benefits not collected after policy term
- Survival benefits left unclaimed
- Death claim amounts pending for family members
- Refunds due to policy cancellation or surrender
If this money is not claimed for more than 6 months, it is moved to LIC’s “Unclaimed Amount Portal”, which you can now access online.
The Shocking Number: ₹3726 Crores Unclaimed
According to the latest data, LIC currently holds over ₹3726 crores of unclaimed funds.
This amount belongs to millions of policyholders who either forgot their policies, shifted addresses, or whose family members didn’t know about the insurance after their death.
LIC launched an online facility so that anyone can check whether any unclaimed amount is linked to their policy number or name — completely free of cost.
How to Check Unclaimed Amount on LIC Official Website
You can check your LIC unclaimed money in just a few minutes using the official website.
Follow these simple steps carefully:
Step 1: Visit the Official LIC Unclaimed Portal
Go to: https://licindia.in/Bottom-Links/Unclaimed-Amount-of-Policyholders
(Make sure you open only the official LIC website — beware of fake sites.)
Step 2: Enter the Required Details
On the page, you’ll see a simple form asking for:
- Policy Number
- Policyholder’s Name
- Date of Birth (DD/MM/YYYY)
Fill these details exactly as per your policy document.
Step 3: Click on ‘Submit’
Once you click Submit, the system will check LIC’s unclaimed database.
If your name or policy number has any unclaimed amount, the system will display the details of your pending amount.
Step 4: Note Down the Details
You will see information such as:
- Policy number
- Amount type (maturity, death claim, survival benefit)
- Amount pending
- Branch office name
This confirms that your unclaimed money is available with LIC.
How to Claim Your Unclaimed LIC Amount
Once you find out that your name or policy number has unclaimed money, follow these steps to claim it:
Visit the LIC Branch
Go to the same LIC branch mentioned in the online result.
You’ll need to bring the following documents:
- Original policy bond
- Valid ID proof (Aadhaar, PAN, or Voter ID)
- Bank passbook copy or canceled cheque
- Application for claim (available at LIC office)
Fill and Submit the Claim Form
The LIC staff will help you fill out the claim form.
Make sure all details match your policy record — name, address, date of birth, and bank account details.
Verification and Processing
LIC will verify your documents and confirm your eligibility.
If everything is correct, the claim is usually processed within 7–15 working days.
Receive the Money
Once approved, your money will be credited directly to your bank account linked with your policy.
What If the Policyholder Is No More?
If the policyholder has passed away, the legal heirs or nominees can still claim the amount.
Here’s what they’ll need to provide:
- Death certificate of the policyholder
- Original policy document
- ID proof of nominee or heir
- Relationship proof (like legal heir certificate)
- Bank details
After verification, LIC will release the payment to the nominee’s account.
Important Tips Before You Check or Claim
- Use Only the Official LIC Website
Avoid third-party or fake sites claiming to help you get your LIC money. - Double-check your policy details
Enter correct policy number, name, and date of birth. - Do not share OTP or bank details with anyone over phone or WhatsApp claiming to be LIC officials.
- Update your contact details in LIC if you recently moved or changed phone numbers.
- Nominee update is crucial — ensure your policy has an updated nominee to avoid legal issues later.
Why This Happens – Common Reasons for Unclaimed Money
- Policyholders forget to collect maturity or survival benefits
- Policy documents are lost or misplaced
- Address or bank details are outdated
- Death claim not submitted by family members
- Lack of awareness among nominees
Remember, LIC will never forfeit your money — it remains safe and can be claimed anytime by rightful owners.
How LIC Invests and Grows This Money
LIC doesn’t let this money sit idle.
Unclaimed funds are kept under safe government-regulated investment schemes, ensuring they continue to grow modestly until claimed.
However, you won’t earn full interest like a regular investment — so it’s best to claim your money as soon as possible.
Example Case
Let’s take an example:
Mr. Ramesh from Karnataka had an LIC endowment policy that matured in 2018.
Due to a change in address, the maturity cheque never reached him.
In 2025, he checked the LIC unclaimed portal and found ₹1.45 lakh pending under his name.
After visiting the branch with his documents, LIC credited the amount to his bank account within 10 days.
Alternative: Check Through LIC Mobile App
You can also check the unclaimed status using the LIC Customer App (available on Play Store and App Store).
Just log in using your registered number and check your policy service options.
How to Avoid Unclaimed Amount in the Future
- Register your mobile number and email with LIC.
- Enable auto credit for policy payments to your bank account.
- Keep your nominee details updated.
- Note down all policy numbers in a digital or physical record.
- Inform your family about your LIC policies and benefits.
Key Takeaway
Thousands of people have already found unclaimed policy money under their name — some even worth lakhs of rupees.
Don’t assume that your old policy has expired or gone inactive.
Checking takes only 2 minutes, and it could bring you a pleasant financial surprise!
Final Step: Check Your Name Now
Go to the official LIC link below:
👉 https://licindia.in/Bottom-Links/Unclaimed-Amount-of-Policyholders
Enter your name, policy number, and DOB, and see whether you have unclaimed money waiting for you.
LIC’s ₹3726 crore unclaimed amount is not lost — it’s waiting for people like you to claim it.
If you or your family members ever had an LIC policy, don’t delay.
Check your status today and recover what’s rightfully yours.
Even if it’s a small amount, it’s still your hard-earned money — and LIC ensures it reaches the rightful hands safely.
How to Invest in LIC Policies in 2025: A Complete Beginner’s Guide
When it comes to safe and trusted investments in India, the Life Insurance Corporation of India (LIC) is still the first choice for millions of people.
Whether you want to secure your family’s future, save for retirement, or earn tax benefits, LIC offers a variety of policy options designed for every income group.
In this post, we’ll explain how to invest in LIC policies step by step, which plans give the best returns, and how to choose the right LIC policy for your financial goals in 2025.
What Is LIC and Why Should You Invest?
LIC (Life Insurance Corporation of India) is a government-owned insurance company that has been operating since 1956.
It’s the largest and most trusted life insurance provider in India, managing trillions of rupees in funds and serving over 30 crore policyholders.
Here’s why people prefer LIC:
- 100% government-backed (safe investment)
- Guaranteed maturity or death benefits
- Tax exemption under Section 80C and 10(10D)
- Long-term savings + life cover
- Wide branch network across India
So, when you invest in LIC, you’re not just buying an insurance plan — you’re building long-term financial security.
Types of LIC Policies You Can Invest In
Before you invest, it’s important to understand the different types of LIC plans available.Endowment Plans
These combine life insurance with savings.
You pay premiums for a fixed term, and at maturity, you receive a lump sum amount plus bonuses.
If the policyholder passes away during the term, the nominee gets the sum assured.
Example: LIC New Endowment Plan, LIC Jeevan Labh.
Money Back Plans
You receive periodic payouts during the policy term, plus the remaining amount and bonus at maturity.
These are perfect for people who want liquidity at regular intervals.
Example: LIC New Money Back Plan (20 years, 25 years).
Term Insurance Plans
These are pure protection plans with low premiums and high coverage.
If the policyholder dies during the term, the family receives a large sum assured.
There’s no maturity benefit if you survive the term.
Example: LIC Tech Term Plan (Online Plan).
ULIP Plans (Unit Linked Insurance Plans)
A mix of insurance and investment.
Part of your premium goes towards life cover, and the rest is invested in equity or debt funds.
You can track the fund’s performance and earn market-linked returns.
Example: LIC New Endowment Plus.
Pension or Retirement Plans
Best for people planning long-term retirement income.
You invest regularly, and after retirement, you get monthly or yearly pension payments.
Example: LIC Jeevan Akshay, LIC Jeevan Shanti.
Children’s Plans
These help you build a secure fund for your child’s education or marriage.
They also come with waiver-of-premium benefits in case of the parent’s death.
Example: LIC New Children’s Money Back Plan.
Step-by-Step Guide: How to Invest in LIC Policies
Let’s understand the process in simple steps.
Step 1: Set Your Financial Goal
Ask yourself — why do you want to invest in LIC?
- Family protection (term plan)
- Saving for future goals (endowment plan)
- Retirement planning (pension plan)
- Child’s education (child plan)
Once your goal is clear, choosing the right plan becomes easier.
Step 2: Choose the Right LIC Plan
Visit the official website https://licindia.in and explore different plans.
Each plan has its premium calculator where you can check:
- Minimum and maximum entry age
- Policy term
- Sum assured
- Bonus rates
- Maturity benefits
Compare at least 3–4 policies before deciding.
Step 3: Calculate Premiums Online
Use LIC’s Premium Calculator tool:
👉 https://licindia.in/Calculator/Premium-Calculator
Enter your:
- Age
- Sum assured
- Policy term
- Payment mode (monthly, quarterly, yearly)
It will show you how much premium you need to pay and the estimated maturity amount.
Step 4: Decide Payment Frequency
LIC allows different premium payment options:
- Monthly (ECS or NACH auto-debit)
- Quarterly
- Half-yearly
- Yearly
Choose the one that suits your income flow.
Step 5: Buy Policy Online or Offline
You can buy your LIC policy both online and offline.
✅ Online
Visit https://licindia.in
Select the policy → Fill the online form → Upload documents → Pay premium → Policy issued digitally.
✅ Offline
Visit your nearest LIC branch or contact a LIC agent.
The agent will help you fill the application form and submit documents.
Step 6: Keep Documents Ready
You’ll need the following documents to invest in LIC:
- Aadhaar Card
- PAN Card
- Passport-size photo
- Address proof
- Bank passbook copy
- Income proof (for high-value policies)
Step 7: Make the Payment
You can pay using:
- Debit/Credit card
- Net banking
- UPI
- Auto-debit from bank
After payment, you’ll receive a policy receipt and policy number by email/SMS.
How to Manage and Track Your LIC Policy
Once your LIC policy is active, you can easily track it online.
- Register on https://licindia.in
- Create your customer login
- Add all your policy numbers
- View premium status, due dates, loan eligibility, and bonuses
You can also download the LIC Customer App on Android or iOS.
How LIC Helps Grow Your Money
Most LIC policies earn annual bonuses, which increase your maturity value over time.
These bonuses are based on LIC’s yearly profit and distributed to all participating policyholders.
Example:
If you buy a ₹10 lakh endowment plan for 20 years, you may receive ₹14–₹16 lakhs at maturity depending on bonus rates.
Tax Benefits of Investing in LIC
LIC policies come with powerful tax benefits under the Income Tax Act:
- Section 80C – Premiums up to ₹1.5 lakh per year are tax-deductible.
- Section 10(10D) – Maturity or death benefits are fully tax-free (subject to certain conditions).
So you’re saving and getting tax relief at the same time!
Example: Simple LIC Investment Plan
Let’s assume:
- You’re 30 years old
- You invest ₹3,000/month (₹36,000 per year) in LIC Jeevan Labh
- Policy term: 20 years
- Sum Assured: ₹7,00,000
At maturity, you may get around ₹10–₹11 lakhs, plus full life cover throughout the period.
That’s a combination of protection, savings, and growth — all in one.
Common Mistakes to Avoid
- Not checking policy terms carefully
- Missing premium payments (causes lapse)
- Ignoring nominee details
- Expecting high market-linked returns from traditional plans
- Buying multiple small policies without a clear goal
Always read the policy brochure and understand the benefits + exclusions before investing.
Best LIC Policies to Invest in 2025
| Policy Name | Type | Key Benefit |
|---|---|---|
| LIC Tech Term | Term Insurance | High life cover at low cost |
| LIC Jeevan Labh | Endowment | Savings + Protection |
| LIC New Endowment Plus | ULIP | Market-linked returns |
| LIC Jeevan Shanti | Pension Plan | Guaranteed lifelong income |
| LIC Money Back 25 Years | Money Back | Periodic cash payouts |
Final Tips Before You Invest
- Start early to get lower premiums and higher maturity value
- Choose policy term based on your age and goals
- Always mention correct details in the proposal form
- Pay premiums on time (enable auto-debit)
- Review your policy once a year
Investing in LIC policies is one of the safest and smartest ways to build long-term financial security in India.
You get life cover, savings, guaranteed returns, and tax benefits — all in one plan.
Whether you’re a beginner or a working professional, LIC offers a plan for everyone.
So visit https://licindia.in today, explore the plans, and start your investment journey with confidence.
Remember, the earlier you start, the bigger your benefits grow! 🌱