Plicsbd Insurance Claim On Bank Statement Best Jun 2026

: If the transaction is a credit (money added to your account), it likely represents a Maturity or Survival Benefit

When an insurance claim is made under your PLI policy, the insurance company may settle the claim directly with your bank if you have a specific type of policy that allows for direct settlement. In such cases, the bank may debit your account to facilitate the claim payment. This is why you might see a PLICsbd entry on your bank statement. plicsbd insurance claim on bank statement best