LIC Loan
| Particulars | Information |
|---|---|
| Who can Borrow | Individuals (singly/Jointly) except stock/share broker/s |
| Eligible Age | Minimum 21 years |
| Type of Loan | LIC loan |
| Purpose | Any purpose other than Speculation |
| Limit | NA |
| Security | LIC policy discharged from LIC |
| Repayment Period | on maturity date |
| Rate of Interest & Processing Fees | As applicable from time to time |
| Prerequisites/Documents |
1. Compliance of KYC norms 2. LIC Policy 3. Discharge certificate |
Sree Thyagaraja Co-operative Bank Limited, a leading Urban Co operative Bank in India.