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Ed Claim / Maturity Claim Policy No: Life Assured: I the Life Assured/ Assignee under the above policy do hereby acknowledge receipt of Fijian Dollars from the Life Insurance Corporation of India in full satisfaction and discharge of my entire claim under the above policy which matures / Survival Benefit is payable on . Less: Sum Assured $ Vested Bonus.

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Under the guaranteed surrender value, the policyholder can surrender their policy only after the completion of 3 years. This means that the premium has to be paid for a minimum period of 3 years. If you surrender after 3 years, the surrender value will be around 30% of the premiums paid till date.

LIC Personal Loan Interest Rate LenderInterest rateLife Insurance Corporation Of India9.00% onwardsSBI9.60% onwardsHDFC Bank10.25% onwardsICICI Bank10.25% onwards1 more row

Any one of the residence proof: Telephone bill, Bank A/C statement, Letter from any recognized public authority, Electricity Bill, ration Card, Valid lease agreement along with rent receipt which is not more than 3 months old, Certificate from employer as a proof of residence.

If 5 years have passed after you purchased your LIC policy, you are eligible for policy withdrawal. However, keep in mind that currently, the facility of surrendering LIC policy is not available online. So, it would be best if you surrendered the LIC policy through the service branch of LIC.

LIC offers loans against their insurance policy, which individuals can use for their own personal or commercial needs. The LIC Insurance Policy acts as collateral for the loan taken. Any outstanding loan amount would be deducted from the maturity benefit if the policy matures and the loan is not repaid.

These secured personal loans against LIC policy are available at an interest rate starting at as low as 9% p.a. and come with a repayment tenure ranging up to 5 years....LIC Personal Loan Interest Rate. Interest RateStarts from 9% p.a.Loan Tenure5 yearsLoan Amount90% of the policy's surrender valuePre-payment ChargesNilForeclosure ChargesNil Feb 2, 2023

You can borrow a loan against the surrender value of your policy, and not the sum assured of your policy. In most cases, you will only be able to borrow up to 80% of the policy's surrender value. You can apply for a loan against your LIC policy through online channels.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232