Most of the LIC policies are eligible for certain loan amount, which we’ve discussed previously in the Loan against LIC policy. As we said before, if your policy permits, you will be eligible to take a loan on your policy, and LIC itself will be happy to lend you the amount.
What’s new is that, you do not even have to go to the branch to check how much loan can be taken against your holding policy. The LIC portal is now showing the loan eligibility column too giving you an amount that you are eligible to take.
Just enroll your LIC policy following the above link and visit the ‘Loan and Bonus’ link to know the amount. As you can see, along with the loan amount, you may also see Bonus amount accrued by your policy (in case your policy is eligible for bonuses) till date.
An example of the Bonus and loan section of the LIC portal is shown here (Policy number is edited).