If you see this on your statement, it likely indicates either a premium payment being debited or a claim payout being credited to your account. Transaction Meaning

Contact your bank’s customer service to request a "Debit Freeze" on that specific merchant ID. plicsbd insurance claim on bank statement upd

If the payment is via UPI Autopay:

Please confirm your actual goal so I can assist legally and ethically. If you see this on your statement, it

If the transaction is a (money added), this is an Insurance Claim Payout . If the transaction is a (money added), this

If you need to update your details or verify a "PLIC-SBD" charge, you can use these resources: Principal Life Insurance Portal Principal Help Center

When you see or PLI CSBD on your bank statement, it signifies a direct debit or an auto-pay transaction for a Postal Life Insurance (PLI) policy.