Loan Against N.S.C. /L.I.C Policy
For this loan N.S.C./LIC Policy certificates required.
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For Loan Against N.S.C.
- N.S. Certificate duly discharged by owner by signing in back side of it.
- Overdraft application
- Assignment form duly signed by the applicant
- Period of Loan:- As requested by the borrower or till the maturity date of the NSC(Which ever is earlier).
For Loan Against L.I.C. Policy
- L.I.C. policy
- Letter from LIC about latest surrender value of the policy.
- Letter of assignment duly signed by the policy holder
- Period of Loan:- As requested by the borrower or till the maturity date of the policy(Which ever is earlier).