Procedure for loan
State Life insurance policy provides a valuable facility of the loan to meet your immediate financial exigencies. You can avail a loan up to 80% of the net surrender value of your policy. On policy loans, we charge markup @ of 1O% per annum compounded semiannually. If you are interested in avail loan under your policy.policy holder take loan after completing two full years and after paying 3 premiums.
1-nation identity card
2-this form is verified bank account with clear branch stamp
3-policy document/policy bond attach with loan form
and policy is in force no premium is due and signature as same to our record this file is submitted zonal office where the policyholder has a policy ‘