Loan Against LIC/NSC/KVP

OUR CHIEF PROMOTOR

 

 

 

Loan Against KVP/LIC/NSC

 

 

Who can Borrow

Individuals

Purpose

To provide finance to meet urgent needs covering Child’s education, medical emergencies, travel etc.

Security

Pledge of NSCs and Surrender value of LIC Policy

Margin

Upto 75% of security value can be availed

Type of Facility Repayment

 Overdraft
Term Loan

Prerequisites

  1. Application form along with KYC documents &Income Proof
  2. Security  to be atleast 3 years old.
   

Rate of interest

Upto 20Lakh -> 10%

Above 20 lakh-> 9.75%