I am writing this letter to request a loan against my LIC policy. My policy number is _____________ and I have been a policyholder with LIC for _____________ years.
I am currently in need of financial assistance due to some unexpected expenses that have come up. I believe that availing a loan against my LIC policy will be the best option for me as the interest rates are comparatively lower and the repayment options are flexible.
I would like to request you to kindly provide me with the necessary details regarding the loan process, eligibility criteria, and the amount that can be sanctioned against my policy. I would also like to know about the interest rates and the repayment options that are available.
I assure you that I will repay the loan amount in a timely manner as per the agreed terms and conditions. I have attached all the necessary documents required for processing the loan application.
Thank you for your time and consideration.