For LIC policies, Individuals, Companies, Partnerships, Sole proprietorships, Hindu Undivided families (HUFs) can apply

Loans are granted only against LIC policies only.

Features :

• Loan based on the value of your securities
• Pledge your LIC policy in favour of Pune Commercial Co-operative Bank Ltd , get overdraft facility of up to certain value
• Easy withdrawal
• Withdraw the money as and when you require from a current account
• Interest rate will be charged only on the amount withdrawn and for the time span utilised