|

Loan Against Insurance Policy

Partnership No.

Product Details

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

  • Processing Fee
    Up to 3% (inclusive of applicable taxes) of the loan amount or Up to Rs. 10,000 (inclusive of applicable taxes).

  • Loan Amount
    Minimum Rs. 25000/-, maximum Rs. 25 Cr.

  • Age Eligibility
    18 to 90 years

  • Interest payable
    Half-Yearly

Benefits

Secured Loan image

Secured Loan
Faster TAT image

Faster TAT
Pure Flexi Loans image

Pure Flexi Loans
Higher Loan Value image

Higher Loan Value
No part payment & foreclosure charges image

No part payment & foreclosure charges

Features

  1. Tenor options from 7 days to 96 months
  2. You can get a loan amount up to 80% of value

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.

Related links