Loan Against Policy - SuryaJyoti eKarja

Presenting SuryaJyoti’s Innovative Online Loan Disbursement (e-karja) via Khalti

SuryaJyoti is excited to unveil its innovative Online Policy Loan Disbursement service, a pioneering achievement in the insurance sector! This innovative solution allows eligible policyholders to receive policy loan disbursements effortlessly via the Khalti Payment Gateway, eliminating the requirement of visiting a branch office and conventional paperwork.

With this new service, policyholders can now easily take a policy loan maximum of up to Rs. 50,000 at any time and from any place. The entire process is completely automated, ensuring quick and hassle-free transactions.

This initiative marks a significant milestone in the digital transformation of insurance services, enhancing the accessibility and efficiency of financial assistance for our valued customers.

Frequently Asked Questions (FAQs) on SuryaJyoti Online Loan Disbursement (e-karja) via Khalti Wallet

1. What is the process of taking a policy loan digitally?

Please click this link to get details about the step-by-step process of taking a policy loan digitally. Click here for Manual

2. What is the maximum loan amount that can be disbursed through this system?

The maximum loan amount that can be disbursed is Rs. 50,000. For more than Rs. 50,000 policy loan, you have to visit nearest branch.

3. What are the eligibility criteria for the loan against policy?

Policy loan can be availed after the payment of 3 full year’s installment and after completion of three years from the date of commencement of policy. Maximum up to 90% of surrender value of policy can be granted as a policy loan.

To get policy loan digitally, your Personal KYC details registered in your Khalti Wallet such as Name, Date of Birth, Mobile Number should exactly match with such details registered in internal system of SuryaJyoti Life for related insurance policy.

4. Is any paperwork or submission of policy document at the company as collateral required for taking loan digitally?

No, this is a fully automated process, and no paperwork or policy document as collateral is require. However, as per the terms and condition of policy loan, if there is outstanding loan against your policy, you cannot assign or keep it as collateral to any other person or organization.

5. How do I ensure my KYC details match between Suryajyoti and Khalti?

During the loan application process, you need to ensure that the Name, Date of Birth, and Mobile Number registered in SuryaJyoti system is exactly matching with the details registered in your Khalti account. If there is any error then you can contact to your nearest branch or email at support@suryajyotilife.com.

6. What are the terms and conditions that needs to be followed for policy loan?

Please click this link for Terms and Conditions to be followed for policy loan. You can also view these terms and conditions while applying for policy loan digitally through Khalti and need to accept these terms to proceed for policy loan.

7. How long does it take for the loan amount to be disbursed?

Once your all details are verified, the loan amount will be disbursed instantly in real-time into your Khalti wallet.

8. What should I do if I face issues during the loan disbursement process?

If you encounter any issues, please contact Khalti customer support or Suryajyoti’s support team for assistance.

9. Is there any fee or charge for the digitally loan disbursement?

Yes Rs. 50 will be charged while processing loan via Khalti as service fee.

10.   Can I repay the loan digitally?

Yes, loan interest or principle can be paid digitally using digital wallets, connect IPS, mobile banking etc.

11.   Can I apply for a multiple loan?

No, you cannot proceed for the multiple loan. You must clear the previous loan before proceeding the loan again.

12.   What happens if I fail to repay the loan on time?

Failure to repay the loan on time may result in penalties or additional charges as per the terms and conditions. It may also affect your coverage and policy can get auto-surrendered or forfeited.

13.   Is my personal information secure during this process?

Yes, both Khalti and SuryaJyoti adhere to strict data privacy and security protocols to ensure your personal information is protected.

14.   Can I apply for this loan if I am not a Khalti user?

No, you must have an active Khalti account with verified KYC details to apply for this loan.

For further assistance, please contact your nearest branch or email SuryaJyoti Support at support@suryajyotilife.com or you can contact on 01 -4545941/42.

Note: Always read and understand the terms and conditions of Loan against Policy (e-karja) before proceeding with the loan disbursement process.

Click here to Apply Policy Loan