While the software itself is internal, it powers the high-speed services policyholders receive at any LIC branch or satellite office. 🚀 Key Features and Modules
Log into the official LIC Customer Portal to see if a regular receipt has been generated.
Closing a policy sale becomes a single-sitting process, enhancing customer satisfaction. lic efeap full form
eFEAP coordinates directly with ancillary internal programs like the Document Management System (EDMS), Pension & Group Schemes (P&GS), and biometric authentication tools. Key Features and Functional Modules
Facilitates the registration and completion of new insurance proposals, including mandatory validation of NEFT details. Technical Context While the software itself is internal, it powers
More than 600 of these tables feed directly into LIC’s Centralized Data Warehousing (CADW) platform. This synchronization accounts for over 90% of the analytical and decision-support data used by executive leadership.
In the ecosystem of the Life Insurance Corporation of India (LIC) , . Often referred to historically as FEAP (Front-End Application Package) , this digital framework serves as the core operational software platform powering LIC's massive insurance network. It acts as a localized, virtual front desk on office computers. It enables agents, development officers, and branch employees to process policy requests, manage data, and serve millions of customers seamlessly across thousands of branches. What is LIC eFEAP? This synchronization accounts for over 90% of the
As the system evolved to a web-based, centralized platform connecting thousands of branches and satellite offices, it became eFEAP . What Does eFEAP Actually Do?
Handles day-to-day policy alterations, address updates, and Know Your Customer (KYC) compliance routines.
In simple terms, it represents an internal automated accounting system used by LIC to manage, adjust, and clear pending premium payments, advance deposits, or micro-adjustments within a policyholder's account. Why Does EFEAP Appear on Your Policy Statement?
The software matches the parked amount against the specific Policy Number, compounding late fees or deducting discounts if applicable.