Nri lic maturity
This query is : Resolved
29 October 2015
Hi
Actually a friend of mine had taken policy from lic when he was resident Indian and also paid premium through his resident Indian savings bank account, but now his status has changed to Non Resident Indian, now in near future one of his policy is getting matured, than will Lic credit that maturity amount in his NRE or NRO account, as he has already closed his savings bank account, because as per Sebi norms, Nri can't have resident Indian account
29 October 2015
It can be credited to NRO account.
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