Instant Liquidity, Zero Liquidations
Meet your urgent financial needs for weddings, education, or business expansion while keeping your long-term savings intact.
The Bharat Bank Loan against Securities facility allows you to leverage your existing investments in government-backed instruments and insurance policies. Instead of prematurely withdrawing your NSC or surrendering your LIC policyāwhich often results in a loss of interest or insurance coverāyou can pledge them to obtain immediate funds. This scheme offers some of the most competitive interest rates because it is backed by high-quality, secure assets.
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Free Insurance
Life & Accident Cover
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Digital Services
Mobile Banking, UPI
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Debit Card
Rupay Classic, Platinum
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Personal Service
People-centric Banking
- Purpose:Ā The funds against NSC/KVP/LIC loans can be used for weddings, education, business expansion or any other similar or legimate purposes.
- Eligible Securities:Ā NSC, KVP, LIC Policies (Surrender Value), and other Govt. Securities.
- Margin Requirement:Ā The margin for loans against security is
- 15% of the Face Value (NSC/KVP) if maturity period is more than 3 years
- 10 % of the Face Value (NSC/KVP) if maturity period is more than 3 years & below
- 10% of the Surrender Value (LIC Policies).
- 20% for other Government Securities.
- Primary Security: Pledge of original NSC/KVP certificates or Assignment of the LIC Policy in favour of the Bank.
- Lien Marking: The Bank will mark a formal lien with the issuing authority (Post Office/LIC).
- Repayment:
- Against NSC/KVP - Maximum Tenure as per their balance residual period.ā Repayable in 12 Monthly or Equated Instalments
- Against Surrender value of LIC - Maximum Tenure 60 Months
- Overdraft Limit ā 12 Months (Annual Review)
- Target Group: Salaried individuals, Businessmen, Professionals, and existing Account Holders.
- Purpose: Any legitimate/productive purpose, including weddings, education, business modernization, or medical emergencies.
- Co-applicant: All joint owners of the security must be included as co-applicants.
- Original Securities: Original NSC/KVP certificates or the LIC Policy document.
- Surrender Value Certificate: Latest surrender value letter from LIC (for insurance-linked loans).
- Lien Confirmation: Letter from the issuing office confirming the Bankās lien.
- KYC: Standard identity and address proof (Aadhaar/PAN) for all applicants.
- Bank Details: Last 6 months' operative account statements.
- Do I still receive the interest on my NSC/KVP?
Yes, the maturity value and interest continue to accrue to your benefit. The bank only holds the physical certificates as security. - Can I take a loan against a Term Insurance policy?
No, only policies that carry a Surrender Value (Endowment or Money-Back plans) are eligible.
Service Charges, Margin & Rate of Interest :
- As Applicable from time to time
- Purpose:Ā The funds against NSC/KVP/LIC loans can be used for weddings, education, business expansion or any other similar or legimate purposes.
- Eligible Securities:Ā NSC, KVP, LIC Policies (Surrender Value), and other Govt. Securities.
- Margin Requirement:Ā The margin for loans against security is
- 15% of the Face Value (NSC/KVP) if maturity period is more than 3 years
- 10 % of the Face Value (NSC/KVP) if maturity period is more than 3 years & below
- 10% of the Surrender Value (LIC Policies).
- 20% for other Government Securities.
- Primary Security: Pledge of original NSC/KVP certificates or Assignment of the LIC Policy in favour of the Bank.
- Lien Marking: The Bank will mark a formal lien with the issuing authority (Post Office/LIC).
- Repayment:
- Against NSC/KVP - Maximum Tenure as per their balance residual period.ā Repayable in 12 Monthly or Equated Instalments
- Against Surrender value of LIC - Maximum Tenure 60 Months
- Overdraft Limit ā 12 Months (Annual Review)
- Target Group: Salaried individuals, Businessmen, Professionals, and existing Account Holders.
- Purpose: Any legitimate/productive purpose, including weddings, education, business modernization, or medical emergencies.
- Co-applicant: All joint owners of the security must be included as co-applicants.
- Original Securities: Original NSC/KVP certificates or the LIC Policy document.
- Surrender Value Certificate: Latest surrender value letter from LIC (for insurance-linked loans).
- Lien Confirmation: Letter from the issuing office confirming the Bankās lien.
- KYC: Standard identity and address proof (Aadhaar/PAN) for all applicants.
- Bank Details: Last 6 months' operative account statements.
- Do I still receive the interest on my NSC/KVP?
Yes, the maturity value and interest continue to accrue to your benefit. The bank only holds the physical certificates as security. - Can I take a loan against a Term Insurance policy?
No, only policies that carry a Surrender Value (Endowment or Money-Back plans) are eligible.
Service Charges, Margin & Rate of Interest :
- As Applicable from time to time