Loan against Insurance Policies Interest rates starting at
7.25% p.a. onwards
- Quick loan sanction
- Part Prepayment available
- Loan amount up to Rs 25 Crore
- T&C Apply
Looking for a Loan against Insurance Policy?
Loan Against Insurance Policy
A loan against an insurance policy is a loan that uses your life insurance policy as collateral. It's a way to get cash from your insurance provider when you need money. The loan amount is usually 85–90% of the policy's surrender value The amount you can borrow depends on the policy's eligibility and surrender value. If you don't repay the loan, the amount is deducted from the policy's benefit
Why Choose Our Loans Against Insurance Policy?
Affordable Interest Rates
Save money with competitive rates tailored for Customers
Flexible Repayment Options
Choose plans that fit your financial situation.
Quick Approval Process
Get funds fast with minimal paperwork and hassle.
Funding Against Policies under loc-in period
We cover your needs even if the insurance policy is under lock-in period.
Support at Every step
Get out support at each and every step of the loan process.
Dedicated Customer Support
Get personalized assistance throughout your loan journey.
Documents required for getting a loan
While applying for loan against insurance policy, you need to submit the following documents
PKYC Document
Documents of the applicant, including PAN card, Passport, Aadhaar card, License, Voter ID card.
Bank Statement
Statements are required to record your income and expenditure.
Required Documents
Documents that are required for the approval of the loan against Insurance Policy.
HOW IT WORKS
Apply Online
Submit your business details for applying via simple form
Approval Process
Our team assesses your application & approves it quickly
Disbursement
Funds are transferred directly to your bank account
Loan Calculator
Equated Monthly Installment (EMI):
₹ 0
Total Interest Payable:
₹ 0
Total of Payments (Principal + Interest):
₹ 0
A loan against an insurance policy is a loan that uses your life insurance policy as collateral. It’s a way to get cash from your insurance provider when you need money.
Age : 18 to 90 years
Minimum surrender value of policy: 25000
Employment: salaried or self employed.
Nationality : Indian.
- Identity Proof: Aadhaar card, passport, etc
- Insurance policy document
- One copy of recent photograph
