LIC’s revised (2012-13) interest rates for Policy Loans, Revival and Dating Back

LIC revised it’s interest rate for various financial transactions like loan and dating back of policies for year 2012-13. Major change you look for is loan rate which is currently 9% changed to 10%.  Revival and Dating Back of policies changed from existing 8% to 9.5%. The details of the same are as below
REVISED INTEREST LIC

For further clarification you can look for LIC’s circular of Actl/PS/2202/4 dated 28/04/2012

11 Comments

  1. back dating is allowed in pension plan line Jivan Shanti ?

    Reply
    • Dear Mundadas,
      If it is deferred annuity, then I think they allow.

      Reply
  2. New Jeevan Anand (with profits) yearly premium Rs.20,987.00 renewal premium to be paid & delayed by 1 month. What is the interest & rate of interest is charged.

    Reply
  3. Sir I had taken jivan saral policy in 2009 which premium was 24000 p.a but I couldn’t deposit from 2011 to till time how much amount should be revival with interest.

    Reply
  4. good afternoon,
    i have a jeevan saral policy which is 5 years old now.i pay 50000 per anum.now i want to apply for a loan against my policy.is that facility available in this policy?if so how much i can get maximum loan? thanks in advance.

    Reply
    • Johnkrishna-Yes, it is available. You can contact nearest LIC branch regarding the amount you get loan from this policy.

      Reply
      • thanks a lot for the quick reply.i stay in bangalore,but my lic policy branch is in andhra pradhesh.is there an online application form which i can fill and sign and send it to my agent from here.already i searched on lic website but the loan form was not available.

        Reply
  5. Good effort pl continue, wish you all success

    Reply

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