It takes a solid foundation to build a solid business, and nobody understands that better than we do. At The Jhalawar Nagrik Sahkari Bank Ltd. Bank of Wyoming, we offer a wide variety of custom-made business and agriculture financing packages to suit your needs. Our team of experienced lenders offer fast and local decisions.

Eligibility : The following are some key eligibility criteria for those opting for a loan against LIC policy:

• Minimum age of the applicant should be 18 years
• Applicant must have a valid LIC policy
• The LIC policy used for obtaining loan has guaranteed surrender value
• At least 3 years of LIC premium has to be paid in full
Interest Rate : 14.80% onwards
Quantum Of Finance : As per eligibility of the borrower.
Margin : 10% of the showroom price and 20% for old vehicle.
Security : DDO undertaking and one employee guarantor with DDO undertaking.
Repayment : Maximum 7 years for new vehicle and 5 years for old vehicle or date of superannuation of the applicant whichever is earlier.