This article will tell you how to download and fill out the life certificate form for pensioners online and submit it to the concerned authorities. It will also explain the documents you will need to attach to the application form in order to complete the process successfully without any trouble.
Before we jump into the details, let’s take a quick look at what this certificate involves and why it’s so important in your day-to-day banking dealings with SBI.
Life Certificate Form from State Bank of India
SBI is one of India’s most trusted banks and has served more than 60 years. Over time, they have developed a number of schemes, products and services to ensure that their customers get a good deal. One such product offered by SBI is Life Certificate Form (LCF) which retirees can use towards securing a pension from SBI.
In case you are yet to understand how LCF works, here’s everything that you will need to know about it. We’ve also included a downloadable PDF file at the end of our post where you can download and print out your own copy of LCF for pensioners.
So let’s take a look at what exactly is an LCF? What does it entail? And what documents do I need to fill in my LCF for pensioners? All your questions will be answered in our complete guide below:
What is an LCF or Life Certificate Form?
As mentioned earlier, LCF stands for ‘Life Certificate Form’. It is basically a certificate issued by SBI that you can use to secure a pension once you retire from work.
This document serves as proof that you were working with any of SBI’s employers who offer them some sort of employment benefits scheme like a provident fund or superannuation fund. Once you fill in your LCF and submit it to SBI, they will then provide you with a monthly pension at your doorstep.
Where do I get my LCF?
If you are planning on retiring soon and want to avail of SBI’s pension scheme, then there are two ways in which you can go about doing so:
1) You can approach your employer directly and ask them if they have any such schemes in place.
2) Or you can simply get in touch with SBI and tell them that you would like to avail of their pension scheme. In both cases, however, one thing is certain you will need an LCF before you are eligible for a pension from SBI.
Why do I need an LCF?
The main reason why you need an LCF is that it proves that you have been employed by a company which offers pensions under its retirement plans. So without an LCF, there is no way for SBI to verify whether or not you are eligible for a pension under their scheme.
How much does it cost?
The good news here is that obtaining an LCF doesn’t cost anything at all! In fact, not only do you not pay anything but also obtain free service from SBI!
Proof of Identity & Address
In order to receive your monthly pension from SBI, you must provide proof of identity.
- It can be any one of Birth Certificates issued by the Registrar of Births and Deaths,
- Pan Card
- Voter Identity Card
- Driving License
- The latest Electricity bill was issued in your name
The address on your identity card should match your bank’s registered address. If it does not, please submit another proof of address from Ration Card/Passport/Latest Electricity Bill (where available) in original plus one copy.
You may also submit a ‘No Objection Certificate’ from your current Bank Manager along with the above documents.
How to get a Life Certificate from your bank
As an SBI pensioner, it’s important that you keep your documents up-to-date. For instance, if your name changes or address moves, then it’s essential that you inform your bank. But how do you go about getting a Life Certificate from your bank? Here are some steps you can follow:
Step 1: Visit any of your local branches and ask to speak with someone in their customer service department.
Step 2: Explain that you would like to apply for a Life Certificate and provide them with as much information as possible about yourself, including your full name and account number (if applicable).
Step 3: The employee will likely request proof of identity before issuing you with a Life Certificate. In most cases, they will accept your Aadhaar card or PAN card. However, if you don’t have either of these on hand, they may also accept another form of government-issued identification such as a passport or driving license.
Step 4: Once they have verified your identity, an employee at your branch should be able to issue you with a Life Certificate within a day.
Keep in mind that each bank has its own specific requirements when it comes to applying for a Life Certificate, so you might want to contact your preferred financial advisor directly before visiting one of their branches.
Download life certificate form for pensioners SBI
Frequently Asked Questions about Life Certificates
It is required that a Life Certificate of existing policyholders be submitted to SBI every year. To ensure your funds are protected, we recommend that you submit your Life Certificate on time.
However, if for some reason, there’s a delay, it’s important that you understand how things will work and what will happen in such cases. Read on to learn more about questions regarding SBI Life Certificate forms for pensioners.
How do I get my Life Certificate?
You can download your Life Certificate for pensioners from SBI website or visit any branch near you. You can also contact our 24-hour Customer Care at 1800223344 or write to us at [email protected] / [email protected]
What information should I provide while filling up my Life Certificate?
Please note that you will have to fill out your details as well as those of your spouse/life partner.
Do I have to submit my Life Certificate every year?
Yes, it is mandatory for existing policyholders to submit their Life Certificates every year. If you fail to do so, they reserve the right not only to refuse renewal but also to charge an administrative fee.
Can I change my address after submitting my Life Certificate?
Yes, however, please note that changing the address may lead to delays in processing your request by their team. In case you move before your application is processed, please update them with your new address immediately.
Will I receive a confirmation email once my application has been received?
Yes, once your Life Certificate has been accepted, you will receive an email from SBI Bank end confirming receipt of same. Once processed, another email will be sent informing you about it.
What happens if I forget to submit my Life Certificate?
If you have forgotten to submit your Life Certificate within the due date, don’t worry! You can still log into the ‘My Account’ section on SBI website and upload it online. But remember that if you miss the deadline by even a day, then you won’t be able to renew your policy until next year.
Is there any way I can check status of my application?
Yes, you can check the status of your application anytime through the ‘My Account’ section on their website.
Where do I submit my Life Certificate if I am not currently living in India?
Unfortunately, they cannot accept applications from Non-Resident Indians (NRIs). They must apply directly to their insurance company.
What happens if I want to cancel my policy?
You can cancel your policy at any point in time without incurring any penalty charges. All you need to do is inform them about your decision. They will issue a refund accordingly.
Who can help me if I face issues during the submission of my Life Certificate? You can always reach out to their customer care executives who are available round-the-clock via phone, email or chat support option.
While there are a few common steps, every bank is different. You will have to follow the instructions provided by your bank. If you encounter any problems or are unsure about anything, do not hesitate to contact your bank’s customer care team.
Once again, congratulations on obtaining your SBI Life Pension Plan and we hope that it helps you lead a long and healthy life! Thank you for reading our guide and please feel free to comment below if you have any questions regarding sbi pensioners pdf.