LIC Policy Loan Application Form
This is a LIC Loan application Form issued by the Life Insurance Corporation of India & this form can be obtained from the nearest branch of LIC or it can be downloaded from the link given below in high-resolution and printable format.
A life insurance policy is meant to provide financial coverage to one’s dependents in case of an untimely eventuality. In addition to this benefit, certain types of life insurance policies also allow policyholders to take a loan against the surrender value of the policy. Keep in mind that you can only borrow a loan against your life insurance policy if your policy has acquired a surrender value. In this Form, you need to fill in some of the required information like your name, address, phone, Email, signature, etc.
Details to be mentioned in LIC Policy Loan Application Form
- Name of the Applicants
- Policy Number
- Previous loan Amount
- Total loan
- And any other Information
Eligibility Criteria
- The individual should own an LIC life insurance policy.
- The policy should not be a term insurance policy or unit-linked insurance plan (ULIP).
- The policy should have acquired a surrender value.
- The individual should be a citizen of India.
Documents Required LIC Loan Form
- Application Form
- LIC Policy
- ID Proof
- Address Proof
- Passport Size Photograph
- And any other Documents
You can download the LIC Policy Loan Application Form in PDF format using the link given below.