Loans Agains LIC/NSC/KVP

 Margin Money: 

• 15% of Surrender  value

Eligibility: 

• Nominal | Regular | Associate Member 

Security:

• Assignment of LIC/NIC Policy to bank

Period: 

• 12 months

Repayment

• Loan amount to be paid in 12 month with interest.

Guarantors:

•  No Guarantors required

Processing fees

• No Service Charges

Share holding

• 2.5% of loan amount

Closure Charges

• Closer charges Rs 5 + Gst