Bank of Baroda.?
You can surrender the policy by visiting your nearest LIC branch office yourself or by sending your agent. You should have: Original bond of the policy with as many premium receipts as possible. Bank passbook of the account you want the payment to be made in(different account than the one you have mentioned above) Valid ID proof(Aadhar, Pan, Driving License etc.). Since you are surrendering the policy before it's tenure, you won't get full benefits. But, you can get a good amount(7090%). Whole process will take around a month at most.