Unlock the Value of Your LIC Policy

Your LIC policy is more than just insurance - it's a valuable asset that can provide immediate financial assistance when you need it most. Our Loan Against LIC Policy service helps you access funds quickly without surrendering your policy.

Whether you need funds for medical emergencies, education, business opportunities, or any other urgent requirement, you can leverage your LIC policy's surrender value to get instant loans with competitive interest rates and flexible repayment options.

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Eligible LIC Policies

We accept various types of LIC policies as collateral

Endowment Policies

Traditional endowment plans with maturity and surrender value benefits.

Money Back Policies

Policies that provide periodic returns and have surrender value.

Whole Life Policies

Life-long coverage policies with accumulated cash value.

Term Insurance with Returns

Term plans with return of premium and surrender value.

Pension Plans

LIC pension and annuity plans with surrender value provisions.

ULIP Plans

Unit Linked Insurance Plans with investment and insurance benefits.

Why Choose Our LIC Policy Loan?

Benefits of using your LIC policy as collateral

Instant Processing

Get loan approval and disbursement within 24 hours

Minimal Documentation

Just your LIC policy documents and basic KYC papers required

Policy Remains Active

Your insurance coverage continues while loan is active

Competitive Rates

Interest rates starting from 11% per annum with attractive terms

Flexible Repayment

Choose tenure from 6 months to 5 years based on your needs

No Prepayment Penalty

Repay your loan anytime without any additional charges

How LIC Policy Loan Works

Understanding the loan process against your LIC policy

Policy Evaluation
  • We assess your policy's surrender value
  • Check policy's current status and premiums
  • Verify policy authenticity with LIC
  • Calculate maximum loan eligibility
Loan Approval
  • Instant loan approval based on surrender value
  • Loan amount up to 90% of surrender value
  • Flexible repayment terms offered
  • Quick disbursement to your account

Eligibility Criteria

Personal Requirements
  • Age: 18-75 years
  • Policy holder or nominee
  • Valid identity proof
  • Bank account details
  • Contact information
Policy Requirements
  • Policy age: Minimum 3 years
  • Active policy with surrender value
  • All premiums paid up to date
  • Original policy documents
  • No pending claims or disputes

LIC Policy Loan Details

Complete information about our LIC policy loan offering

Loan Terms
Interest Rate: 11% - 16% per annum
Loan Amount: ₹10,000 - ₹50 Lakhs
LTV Ratio: Up to 90% of surrender value
Tenure: 6 months - 5 years
Processing Fee: ₹500 - ₹2,000
Required Documents
  • Original LIC Policy
  • Premium Payment Receipts
  • Identity Proof (Aadhar/PAN)
  • Address Proof
  • Bank Account Details
  • Passport Size Photos

Simple Application Process

Get your LIC policy loan in just 3 easy steps

1
Submit Application

Apply online with your policy details and documents

2
Policy Verification

We verify your policy status and calculate surrender value

3
Instant Disbursement

Get loan amount transferred to your account immediately

Need Instant Cash Against Your LIC Policy?

Apply now for loan against LIC policy and get instant funds without losing your insurance coverage.

Apply Now