Loan Against LIC Policy

  • Loan Limit
  • No Guarantors
  • Hassle free documentation
  • Speedy sanction & Disbursal of loans
  • Basis of Advance : 70% of the surrender value of LIC Policy
  • Rate of Interest :10.50%

  • The individual should own an LIC life insurance policy.
  • The policy should not be a term insurance policy or unit-linked insurance plan (ULIP).
  • The policy should have acquired a surrender value.
  • The individual should be a citizen of India.

Documents :
Duly filled Application form with :
  • KYC of Borrower
  • Income Proof of Applicant
  • Original LIC Policy to be pledged in Bank’s name
For more details please contact our nearest Branch or contact on 9130020888