Loan Against LIC
AKPS Nidhi provides customer a loan against their LIC Policies (surrender value) National Savings Certificate, and other Government Securities, in which, lien in favour of nidhi company, can be accepted as security.
The eligible loan is 75% of the face value of the certificates.
EMI's can be paid through Net Banking or Mobile App
Eligibility Criteria
Any Self-employed individuals or self-employed professionals Anyone who is the member (Note: Minors are not eligible.) Anyone who is the holding a reqired government Certificate.
Documents Required to avail Loan against LIC
Necessary Government certificates Address Proof Documents ( Voter Id, Driving Lincence or any other ID Proof) Aadhaar Card Pan Card Two Passport Sized Photos KYC documents on request for it.
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