Unclaimed brand
Explore loans against your life insurance policy with Mera Kal. Check policy eligibility, estimate your loan amount and apply online.
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#272973
Astronaut
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238, 49, 30
66, 64, 0, 55
#F79837
Sea Buckthorn
247, 152, 55
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0, 38, 78, 3
#178A43
Jewel
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Mera Kal is a financial services platform that helps eligible life insurance policyholders explore loans secured against their policies. Its service is designed to provide access to funds without surrendering a policy, so customers may retain their insurance coverage and other policy benefits. Eligible policies can include savings-oriented plans such as endowment, whole-life, guaranteed-income and money-back policies, as well as ULIPs; term, accident and health plans without cash value are not eligible.
Customers can use Mera Kal’s online tools to estimate a policy’s surrender value and potential loan eligibility, then apply through a guided process. The platform says applications require basic documents, including identification, policy details and bank information, and do not require income proof or a guarantor. It advertises interest rates starting at 11% per annum and loans of up to 90% of surrender value, while noting that rates, eligibility, fees and repayment terms depend on the lender and final offer. Mera Kal works with RBI-regulated banks and non-banking financial companies.
