Having LIC policy for last 2 years. Monthly installment of the policy is 3458.
Is it possible to get loan?
via email @ aashish@********.in
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Having LIC policy for last 2 years. Monthly installment of the policy is 3458.
Is it possible to get loan?
via email @ aashish@********.in
You first need to check whether loan facility is available with your policy. Check here - http://www.licindia.in/
After that check the surrender value or Loan Eligibility as per this article LinkQuote:
Originally Posted by NewsDesk
A loan is only sanctioned after payment of 3 years of premiums, so you are not eligible for loan.Quote:
Originally Posted by NewsDesk
Also some policies like money back type of policies and certain other policies are not entitled for loans.