Question: How Can I Know My LIC Loan Details?

How can I know my LIC loan status?

Eligibility CriteriaThe applicant should be a resident of India and at least 18 years old.The applicant must have a valid LIC (or other life insurance) policy.The LIC policy used for obtaining loan has guaranteed surrender value (term plans not eligible)At least 3 years of LIC premium has to be paid in full.More items…•.

How can I change my lic bank account details online?

Step 1: Log in to LIC portal. … Step 2: Select Service request to Register NEFT online. … Step 3: Policy Selection for NEFT Registration. … Step 4: OTP validation for varification. … Step 5: Fill your bank details. … Step 6: Generate the NEFT form. … Step 7: Upload NEFT form to register NEFT details.

Is PPF better than LIC?

The Public Provident Fund tends to provide a far superior rate of returns compared to an LIC policy like Jeevan Anand. What you should do is invest in the PPF and take a term policy online, which is cheaper and faster. In the term policy you do not get your money back, but, you are provided with solid insurance.

How much loan I can get if my salary is 25000?

Most lenders determine the maximum loan amount up to 10 times of your monthly salary. If you earn Rs. 25,000 per month, you may become eligible for up to Rs. 2.5 Lakhs.

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

How can I know my LIC policy no?

How to find LIC policy number by name and date of birth?# By login to LIC portal. If you created the login to LIC portal and you know the login credentials, then by login you can easily find out the policy number without any hurdle.# Contact your Agent. … # Visit the Home Branch. … # Visit any LIC Branch. … # Visiting the Unclaimed and Outstanding option of LIC.

Can LIC loan interest be paid online?

Pay LIC India premium online for your Life Insurance Corporation policy towards quarterly, half yearly or annually payment, also pay LIC loan interest online as on date to avoid interest on interest, avail the opportunity to pay LIC premium payment in advance through LIC India online secured portal at ebiz.licindia.in …

What is the EMI for 20 lakhs home loan?

Housing Loan Interest CalculatorEMI for various home loan amounts15 years20 years₹ 20 Lakh₹ 17,698₹ 15,207₹ 25 Lakh₹ 22,123₹ 19,009₹ 30 Lakh₹ 26,547₹ 22,811₹ 50 Lakh₹ 44,245₹ 38,0181 more row

How can I check my LIC policy maturity amount online?

The LIC website states that policyholders can send the claim requirements by email. The mail should be sent to claims.bo @licindia.com where the branch code is the servicing branch. For instance, if 883 is the servicing branch, the mail will have to be sent to claims.bo883@licindia.com.

How can I pay my LIC loan?

Step 1: Log-in to your account by entering your details. Step 2: Once logged in, click on ‘Online Payments’. It will take you to the premium payment portal. Step 3: Select the policies for which you wish to make payments and click on ‘Check & Pay’.

How can I repay my LIC loan?

At the bank site you will need to login with your net banking username/password. On successful login, the total amount to be paid by you towards LIC will be displayed. Please verify your balance (displayed) and confirm the transaction to the bank.

Does LIC give loan?

Life Insurance Corporation (LIC) is the largest insurance company in India and apart from various insurance products it also offers its policyholders the option to avail personal loans against their insurance policies.

How is LIC maturity amount calculated?

Sum Assured (A): = Rs. 5,00,000.Total Bonus Amount on Maturity (B): * = Rs. 1000.Maturity Amount (A+B): = Rs. 35,000.Period of Maturity = Dec, 2021.

How much loan can I get if my salary is 15000?

Personal Loan Eligibility Criteria for Top Banks and NBFCsLendersEligible Loan AmountMinimum Eligible IncomeTata CapitalRs. 75,000 to Rs. 25 LakhRs. 15,000 per monthUnion Bank of IndiaUp to 10 LakhRs. 15,000 per monthYES BankRs 1 Lakh to Rs 40 LakhOn a case by case basis24 more rows

Which is the policy number?

Member ID/Policy Number This number is always on the front of the card. If you’re the policyholder, the last two digits in your number might be 00, while others on the policy might have numbers ending in 01, 02, etc.

What is unclaimed amount in LIC?

LIC unclaimed amount and outstanding option: LIC policyholders can check if they have any unclaimed as well as outstanding policy dues with the state-run insurer. In life insurance, an unclaimed amount refers to the amount of money that remains due to the beneficiaries or policyholders from the service provider.

How can I get lost LIC Bond?

Immediately inform your insurer When you lose your original life insurance policy bond, you must inform your insurer at the earliest. Visit the nearest branch of your insurer and talk to concerned authorities regarding the loss. You need to submit an application mentioning the following details: Your name in full.

Can I check my lic policy details online?

Step 1: Go to the official LIC website, fill in your credentials like username and password. Step 2: Login to your account and select the option ‘View Enrolled Policies’. Step 3: You will be directed to a page where you can see all the listed enrolled policies.