Get Instant Loan Against Insurance Policy

Need quick funds without breaking your long-term plans? With our Loan Against Insurance Policy, you can unlock liquidity while keeping your coverage intact.
Access funds easily by leveraging your eligible life insurance policies to meet immediate financial needs. Pay interest only on the amount utilized, and benefit from minimal documentation for convenience and flexibility.

Apply Now

Get Instant LAIP Online

With Geojit Credits , you can apply for a loan against your insurance policy through a 100% online process. Complete your loan application in just a few simple steps, and the loan amount will be credited to your bank account within a few hours.

Loans up to ₹ 1crore*

Finance diverse needs with funds up to ₹1 crore* against your Endowment and ULIP policies.

Funding during lock-in period

Get liquidity even if your policy is under lock-in.

Keep your insurance coverage intact

Secure a loan without surrendering your policy—your coverage and investment benefits remain safe.

Pay interest after lock-in period

For loans taken against policies that are currently under a lock-in period, interest repayment will commence only after the lock-in period ends. Additionally, we are providing options to repay the principal amount after the lock-in period, offering flexibility for our customers.

Retain the Benefits of Your Policy

When you pledge your insurance policy for availing a loan, you won’t lose the benefits of your coverage. You will continue to enjoy the protection and associated benefits of your policy.

Easy part payments

Flexible part payment towards principal and foreclosure options with zero additional charges .

Since we provide loans through a 100% digital process, you’re not required to submit any physical documents.

You are eligible if:

  • Your age is between 21 and 75 years
  • You are a resident Indian individual
  • You hold an active Endowment or ULIP policy with surrender value
  • Minimum surrender value is ₹30,000
  • You have a valid bank account, email ID, and mobile number
  • You have a satisfactory CIBIL score
Particulars Details
Fund % (Maximum) Equity: 50%
Debt: 75%
Traditional: 80%
Minimum Loan Amount ₹ 20,000
Tenor Min.1 Year - Max 5 Years &
auto renewal up to 5 Years or up to pending policy term whichever is earlier for lock in period,
Non ULIP - the Tenure is 1 Year.
Minimum payment duration
  • ULIP - 1 Year Premium paid,
  • Non ULIP - 2 Years Premium Paid
Rate of Interest (Per Annum) Lock free: 10.15%
Lock In: 10.85%
Processing Fee
  • For loan amounts up to ₹2.5 lakh: Minimum ₹1,198; Maximum 3.5% of loan amount
  • For loan amounts above ₹2.5 lakh: Maximum 1% of loan amount

Collected upfront / Deducted from disbursement
Stamp Duty ₹ 200 per Loan Account.
Collected as part of the processing fees
Pre-Payment & Foreclosure Charge Nil
Annual Maintenance Fee ₹ 1,179
Bounce Charges ₹ 1,416
Legal Charges Actual legal charges
Penal Charge As disclosed in the loan agreement

You can avail of a Loan Against Insurance Policy by following simple steps, for a smoother and hassle-free experience

  • Complete the your Know Your Client (KYC) formalities
  • Set Up Auto-Pay with e-Mandate – Hassle-Free Payments.
  • E-sign your loan agreement and assignment form.
Particulars Details
Name of the LSP/DLA ValuEnable Pvt Ltd
Logo of the LSP/ DLA LSP/DLA Logo
Contact details of Nodal Grievance Redressal Officer of LSP/ DLA Name: Sanket Gazbare
Phone Number: 9518355120
Email ID: sanket.gazbare@valuenable.in
Details of Customer Support Of LSP/ DLA
  • Phone number :+91 (022) 4134 3214
  • Email: policyloans@valuenable.in
  • Whatsapp: +91 86553 36360
Link to section on website of LSP/ DLA for customers to lodge a complaint https://valuenable.in/about-us.html
Website URLs https://valuenable.in/digital-las.html
Link to Privacy Policy of LSP/ DLA https://valuenable.in/privacy.html
Link to Customer Data Handling and Storage Policy of LSP/ DLA https://valuenable.in/privacy.html
Details of loan products provided through Geojit Credits Private Limited Loan Against Insurance Policy 
Name of the Lender Geojit Credits Private Limited

ULIP-

  • Lock-in - Moratorium will be applicable till the time policy completes lock in period maximum of 60 months & bullet payment to presented on 61st month of policy, in case client fails to pay. Policy to be surrendered or interest to be recovered by partial withdrawal (based on the scenario). Post lock-in refer to lock in free details.
  • Lock-free - Monthly Interest to be serviced. In case Interest not served for 60 days, partial withdrawal to be initiated & dues to be recovered. In case customer is continuously not servicing the Interest for 90 days, lender can choose to Surrender the policy.
  • Traditional - Monthly Interest to be serviced. In case customer is not servicing the Interest for 90 days, lender can Surrender the policy the recover his dues.
  • Partial withdrawal (ULIP Only) - 25% of fund value or interest due whichever is lower. More than 2 times in a year policy to be surrender

Queries of Customers

Still have unanswered questions and need to get in touch?

Still have questions?

Don't like phone calls?

Customer testimonials

I am very happy with Geojit Credits Pvt Ltd as they give maximum support and assistance to help me meet my financial needs, which gives me the financial freedom to plan and achieve my goals. My requests are processed without delay, thanks to the great customer care and dedication by the team.

Muresh Kumar

Geojit Credits is clearly at the forefront on high quality customer service and customer care. I appreciate their way of making me comprehend all the pros and cons of the financial instruments that I avail, their way of keeping things simple and easy, and their way of giving prompt feedback and responses. I am quite happy with the support they provide and wish them the very best in their journey ahead."

Biju Pramod

A Loan Against Insurance Policy allows you to borrow funds by assigning your eligible life insurance policy, such as Endowment or ULIP, without surrendering it. You retain your insurance coverage while meeting your financial needs.

You can avail a loan starting from ₹20,000 up to ₹1 crore, depending on the surrender value of your policy:

  • Equity funds: up to 50%
  • Debt funds: up to 75%
  • Traditional plans: up to 80%

Yes. You can get liquidity even if your insurance policy is under the lock-in period. Interest repayment will start only after the lock-in period ends, offering financial flexibility.

Yes. Your insurance coverage and policy benefits remain fully intact. You continue to enjoy protection and investment benefits even after assigning the policy.

No physical documents are required. The entire loan process is 100% digital, including:

  • KYC verification
  • e-Signing of loan agreement and assignment form
  • e-Mandate setup for auto-pay
Copyright © 2026 by Geojit. All Rights Reserved.
Privacy Policy | Disclaimer | EPF Details | Terms & Conditions | Refund Policy