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
For further clarification you can look for LIC’s circular of Actl/PS/2202/4 dated 28/04/2012
EPF Scheme 2026 explained fully: EPF withdrawal, EPS pension, and EDLI insurance changes with examples,…
Chasing financial freedom? Do health, time, relationships and contentment matter just as much? Sadly, we…
Your "safe" SIPs, SGBs, PPF, or Index Funds are secretly sabotaging your wealth. Peltzman Effect…
Thinking your retirement plan is foolproof? Why LUCK - not asset or fund selection or…
Nifty 50 Index Funds Vs Active Large Cap Funds — Can we really compare them…
Should you pick Nifty 500 Multicap 50:25:25, Nifty 500, or Nifty LargeMidcap 250 Index Fund?…
View Comments
back dating is allowed in pension plan line Jivan Shanti ?
Dear Mundadas,
If it is deferred annuity, then I think they allow.
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.
Bvjayanth-Check the same on your own by reading my earlier post "Check LIC Policy status without registration by Mobile Phone or SMS".
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.
Dinesh-Use my latest post to get the status "Check LIC Policy status without registration by Mobile Phone or SMS".
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.
Johnkrishna-Yes, it is available. You can contact nearest LIC branch regarding the amount you get loan from this policy.
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.
Johnkrishna-Please contact your agent.
Good effort pl continue, wish you all success