Post Office Loan Application Form Download

Post Office Loan Application

This document is the official Application Form for taking a loan against a Postal Life Insurance (PLI) or Rural Postal Life Insurance (RPLI) policy (103pglz0ti… p. 1).

📌 Critical Required Information

The application form is structured into the following mandatory sections (103pglz0ti… p. 1):

Policy Particulars: Form requires Policy Number, Sum Assured, Date of Acceptance, Date of Maturity, and Requested Loan Amount (103pglz0ti… p. 1).
Previous Loan Records: Must track any outstanding or fully settled loans previously borrowed against the policy (103pglz0ti… p. 1).
Missing Premium Credits: A dedicated space to update any unaccounted premium payments with supporting documentation (103pglz0ti… p. 1).
Payout Bank Details: Requires either a standard commercial bank account (with IFSC and cancelled cheque) or a Post Office Savings Bank (POSB) account (103pglz0ti… p. 1).

📑 Mandatory Checklist of Documents

The applicant must attach self-attested copies of the following items (103pglz0ti… p. 2):

Original Policy Bond: Self-attested copy of the insurance policy bond (103pglz0ti… p. 2).
Premium Evidence: Premium receipt book or credit documents (if not matching official loan quotes) (103pglz0ti… p. 2).
Identity Verification: Self-attested Proof of Identity (PoI) of the policyholder (103pglz0ti… p. 2).
Address Verification: Self-attested Proof of Address (PoA) of the policyholder (103pglz0ti… p. 2).
Account Proof: A cancelled cheque or the first page of the POSB passbook (103pglz0ti… pp. 1-2).

👥 Special Provisions & Mandates

Messenger Appointment: If the policyholder is physically unfit or outside India, they can delegate submission via a messenger (103pglz0ti… p. 2). This requires an official medical certificate or passport exit-stamp copy, alongside the messenger’s ID/Address proofs (103pglz0ti… p. 2).
Illiterate Policyholders: If the applicant cannot sign, the application must be authenticated by two literate witnesses (103pglz0ti… p. 2).
Estate Duty Assignment: Section 7 contains specific text for assigning policy benefits to the President of India to cover potential Estate Duty liabilities (103pglz0ti… p. 2).