Get Swadhan Group Form

Filling out the Swadhan Group Form online is essential for individuals looking to surrender their group policy with SBI Life Insurance. This guide will walk you through the process step-by-step, ensuring you complete the form accurately and efficiently.

Follow the steps to fill out the Swadhan Group Form with ease.

1. Press the ‘Get Form’ button to access the Swadhan Group Form and open it in your chosen editor.
2. Enter the date at the top of the form to indicate when you are submitting your request.
3. Begin the body of the letter by addressing it to the Manager of SBI Life Insurance Co. Ltd., utilizing the full address provided for clarity.
4. In the subject line, specify the reason for the correspondence, including your member ID and COI number.
5. Clearly state your intention to surrender your life cover option and request for the surrender value to be settled. Include your name as the member of the group policy.
6. Provide your bank account details where you wish to receive the surrender amount. Ensure to include the bank name, branch name, branch code, and account number.
7. Attach a copy of your bank documentation, such as a cheque, bank passbook, or banker’s certification, to verify your bank account details.
8. If applicable, complete the bankers certification section with confirmation that the account details are correct and premiums have been deducted from your bank account.
9. If your signature is in a vernacular language or you are providing a thumb impression, ensure the declaration section is completed by a English-speaking person who can confirm your understanding of the form.
10. Finally, complete the discharge voucher at the bottom of the form by stating the surrender amount and any other applicable payments again providing a total.
11. Before submitting, review your entries for accuracy. You can then save changes, download the completed form, print it, or share it as needed.

Complete your Swadhan Group Form online today for a smooth surrender process.