Loan Against NSC / KVP / LIC
A secured loan facility allowing you to meet financial needs by
leveraging your existing government-backed savings and insurance
policies.
Purpose
Any
Eligibility
Individuals
Loan Amount
As per requirement
Margin
Up to 25%
Repayment
Till maturity date of security
Special Feature
• Loan against NSC is granted for securities purchased before 12
months
• Loan against KVP is generally granted for securities purchased
before 54 months
• Loan against LIC Policy is granted up to 75% of surrender value
Security
NSC / KVP / LIC on which loan has been taken
Guarantee / Surety
Not Applicable
Documents Required
KYC, Saving Account with Bank etc.
