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Bajaj Finance Limited

Partnership No.

Product Details

  • Types of policies accepted
    All Endowment & LIC - ULIP policies with Surrender value

  • Processing Fee
    Upto 3% of the loan amount (Exclusive of applicable taxes)

  • Loan Amount
    Minimum Rs. 35,000/-, maximum Rs. 1 Cr.

  • Age Eligibility
    21 to 75 years

  • Interest payable
    Half-Yearly

Features

  1. Tenor options from 12 to 84 months
  2. Up to 85% LTV on all endowment policies
  3. Up to 50% LTV on LIC ULIP policies

Who Can Apply

  1. Self-Employed
  2. Salaried/Working Professional

Documents

  1. Recent Photograph
  2. ID Proof
  3. Address Proof
  4. Original Copy of Insurance Policy
  5. Surrender Value Form
  6. Cancelled cheque
To avail Loan against Insurance Policy, contact your Financial Advisor.