Jeevan Shanti is a single premium, non-linked and non participating plan of LIC for securing your after retirement years. One important benefit of the policy is availability of loan after completion of one year. A letter can be communicated to the LIC branch manager for informing the matter. This is a simple letter of request to LIC regarding loan against Jeevan Shanti policy with deffered annuity. The article addresses the question of properly presenting the request to the concerned person. The sample letter may be modified according to need and situation.
To
The Manager
LIC
LIC Address
Sub: Loan against Jeevan Shanti policy
Dear Sir/Madam,
With reference to policy number [Policy No.] against my name, I would like to bring to your kind attention that I hold a Jeevan Shanti insurance policy with deffered annuity (Option 1) of rupees ten lakh in your LIC branch which was opened on [Date1]. I have completed a year of the policy and I am entitled to loan as per policy rule.
I understand that the loan interest will be deducted from the annuity amount payable under the policy. I am in urgent need of the loan for repairmen of my old house. Hence, I request you to kindly grant me the maximum amount possible as loan against the policy. In case, any other clarification is required, I can be contacted at [mobile number] or by email [email address].
This is for your kind information and necessary action.
Yours faithfully,
Your Name
Your address
Date:
Place:
Sample letter of a formal request to the Bank Manager for home loan
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