LIC’s measure follows the announcement by banks that their branches will stay open on Saturday and Sunday.
LIC says that as per the advisory by insurance coverage regulator IRDAI, LIC has determined to increase this particular measure to the policyholders
Life Insurance Corporation (LIC) will preserve its workplaces open on March 30 and March 31 to facilitate taxpayers to finish tax-saving train earlier than the closing of the fiscal 12 months. LIC’s measure follows the announcement by banks that their branches will stay open on Saturday and Sunday.
In a press release, state-owned LIC stated that as per the advisory by insurance coverage regulator IRDAI, LIC has determined to increase this particular measure to the policyholders.
“It has been decided that the offices under the jurisdiction of zones and divisions will be kept open for normal operations as per official working hours on 30.3.2024 and 31.3.2024, in order to avoid any hardship to the policyholders,” LIC stated in a press release.
The RBI had earlier this month directed banks to maintain their designated branches open for presidency transactions as much as the conventional working hours on March 30 and March 31, 2024.