Authority to a Bank to Pay Premiums for Life
Reference draft used in Indian courts — replace the blanks with your own case details.
..............................
Date: .......................
To
The Manager,
.........................Bank
.......................Branch
..............................
Dear Sir,
I hereby request you to pay from my Savings Bank Account No ..............................
maintained with you, the premiums on the policy of Insurance No...............for Rs .
........................with the Life Insurance Corporation of India ........................Branch.
(i) Branch to which premium is to be paid:
(ii) Amount of premium:
(iii) Date of payment of premium:
Yours faithfully,
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
Our Banking & Recovery team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. We handle recovery suits, SARFAESI and insolvency proceedings.
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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.