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If you need money, you are getting a loan with the insurance policy! Application can be made here

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If you need money, you are getting a loan with the insurance policy!  Application can be made here


 The Corona virus has caused economic hardship to millions of people. If you are one of them then you can take a loan with the help of your insurance policy.  Which may help you a little in solving your current financial problem.  The Bajaj Allianz, one of the country's leading insurers, has dropped such an offer.


 Bajaj Allianz, one of the leading insurance companies in the country, has launched such an offer.  Under which the company is currently giving loans instead of all its life insurance policies.

 The company has launched such a facility as part of its financial support from the Modi government, RBI and other financial institutions.

 This way you will get a loan instead of a policy

 The Bajaj Allianz has made only one rule for taking loans instead of policies.  If the surrender value of that policy has come.  The company will pay 90 per cent of its amount based on the surrender value.


 What will be the interest rate?

 The loan will carry an annual interest of 9%.  "It is very easy to apply for a loan and the company quickly transfers the amount to the bank account after applying," said Kaizad Hiramnek, chief operations officer, Bajaj Allianz Life.

 However, if the loan is not repaid to the customer on time, the insurance policy will be terminated.  The company is also bringing in pension production.  In which he hopes that his share will reach 18 per cent of the total premium.



Read in Gujarati: Click here



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