Can I get loan on my Postal Life Insurance Policy?



I took Indian Postal Life Insurance (PIL) of 5 lakhs sum assured. It is now 4 years old. Is it possible to get a loan against this policy? I am still paying annual premiums on it.

What will be the interest rates? How much loan will that be?
Please help.

Can I get loan on my Postal Life Insurance Policy?
4.5 (90%) 2 votes

8 Replies to “Can I get loan on my Postal Life Insurance Policy?”

  1. Almost every plan have loan facility except like plan SUMANGAL. Only in plan SANTOSH have loan after 3 yrs of premium paying , other`s have loan after 4 yrs of policy. Loan available @ 10 % p/a.
    Repayment of Loan is optional. However interest is payable every 6 months.
    Acquired loan value is depend upon plan to plan.
    HAVE A NICE DAY.


  2. well,it depends on the policy in which you invested and opted for.It is possible to get loan on your experience.Rest depends on your asking from the guided ones




  3. Can I get loan on my Postal Life Insurance Policy? how much ? I took Indian Postal Life Insurance (PIL) of 3 lakhs sum assured. it opening 2011. please detail answer to me.


  4. I took loan Rs 72000/- on May 2012. After some months i did not pay. So that till date how much i will pay loan. My policy No: APS-617773-L

    1. Hlo Dear.. Which policy you purchased and when and within how many days you received Loan Amount after Apply? Because I am also want to get loan.
      Sum Assured – 1000000
      Policy – Santosh EA
      Purchase time – Mar 2011
      Installment – 2750 /-
      Can you tell me how much Amount I can get through Loan






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