Online Loan Application, Loan Repayment & Loan Interest Payment

 

Policyholder can apply for online loan on policies which are eligible for loan and which are already registered for premier services. Application for online loan can be done from Service Registration App>Service Request>Online Loan Request.

You can apply online for a loan against your LIC policy. Here are the steps you need to follow to apply for a loan against your LIC policy. It should be noted that the online facility to apply for the loan against LIC policy is available only to registered customers.

1. Go to the official website of LIC- licindia.in

2. On the home page, click on the ‘Online Loan’ under  the Online Service (This can be found on the left-hand side)

3. It will direct to a new page, where you will find two options i.e., Loan Repayment and Online Loan Request.

4. You need to login with your customer ID, password and date of birth.

5. You are required to link your bank account number to the insurer, so that loan amount will be auto-credited the bank account

It should be noted that the online facility to apply for the loan against LIC policy is available only to registered customers.  

Diect link is given below