What is the maximum amount one can avail as a home loan against an LIC insurance premium payment?


All insurance companies offer loan upto 90% of total surrender value on Participating plans . Loan is not allowed on Money Back plans .

Let us assume you pay Rs 1 lakh per annum for 10 years in a participating plan then surrender value will be approx Rs 5 lakh plus surrender value of bonus will be approx rs 2.50 lakh ,

Hence total loan allowed will be 90% of Rs 7.50 lakh . 

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