Tuesday, June 17, 2025

Policy Loan on HDFC Life Click 2 Achieve: A Smart Move Towards Life Goals

 HDFC Life Click 2 Achieve is a new-generation online insurance plan that not only helps you stay financially prepared for the future but also offers flexibility through features like policy loan. This plan is designed to align with your financial milestones—be it your child’s education, retirement corpus, or wealth creation.

In this article, we’ll explain how the policy loan facility works on HDFC Life Click 2 Achieve and how it can help you stay financially resilient during emergencies without compromising on your long-term goals.

Policy Loan on HDFC Life Click 2 Achieve A Smart Move Towards Life Goals
Policy Loan on HDFC Life Click 2 Achieve A Smart Move Towards Life Goals

 What is HDFC Life Click 2 Achieve?

HDFC Click to Achieve is a unit-linked insurance plan (ULIP) that offers dual benefits—insurance coverage and investment returns. The plan gives you the flexibility to choose your goal (Wealth Creation, Child’s Future, or Retirement) and helps you invest in multiple fund options based on your risk appetite.

It is a non-participating, ULIP plan offered through the HDFC Life Online Insurance platform, making it 100% paperless and accessible from the comfort of your home.

 Key Features of HDFC Life Click 2 Achieve:

  • Goal-based savings approach

  • Choice of 10 fund options

  • Life insurance cover

  • Partial withdrawals after 5 years

  • Policy loan facility

  • Tax benefits under Section 80C and 10(10D)


 What is a Policy Loan in HDFC Life Click 2 Achieve?

A policy loan is a facility that allows you to borrow money against the surrender value of your life insurance plan. In the case of HDFC Life Click 2 Achieve, once your policy has acquired sufficient fund value, you become eligible to take a loan against it.

 Eligibility Criteria:

  • Available only after the lock-in period of 5 years

  • Loan is granted against the fund value of the policy

  • Minimum and maximum loan amounts vary depending on the surrender value

📢 Note: The policy should be in force (active) to avail of this facility.


 Policy Loan Features at a Glance:

Feature Details
EligibilityAfter 5 years of policy term
Loan Amount% of fund value (varies by plan rules)
Interest RateAs per prevailing HDFC Life loan terms
RepaymentFlexible – lump sum or EMIs
Effect on BenefitsDeducted from fund value if unpaid

 Why Opt for a Policy Loan from HDFC Life Click 2 Achieve?

Unlike personal loans with high interest rates, policy loans come with relatively lower interest and no credit check. If you're facing a temporary financial crunch but don’t want to surrender your life insurance policy, this facility can be a lifesaver.

 Benefits:

  • No impact on long-term goals if repaid on time

  • No need for collateral or guarantor

  • Quick disbursal against your own fund value

  • Interest is only on the amount utilized


 How to Apply for a Policy Loan Online?

HDFC Life offers a simple digital process via its online insurance portal.

Steps to Apply:

  1. Log in to HDFC Life online insurance

  2. Go to ‘My Account’ → Select ‘Loan against Policy’

  3. Choose your policy (Click 2 Achieve must be eligible)

  4. Enter loan amount and verify details

  5. Submit request digitally

Customer support may also help via toll-free or email if needed.


 HDFC Life Policy Details – Summary

Before taking a loan, it’s essential to understand the broader HDFC Life policy details, especially for Click 2 Achieve:

FeatureDescription
Plan TypeULIP
Minimum Premium₹24,000 annually
Premium Payment Term5, 7, or 10 years
Policy Term10 to 40 years
Lock-in Period5 years
Loan FacilityAvailable after lock-in

 HDFC Life Insurance Plans List – For Comparison

While HDFC Life Click 2 Achieve is ideal for goal-based investment with insurance, you may also consider these:

Each plan serves a unique purpose, so compare HDFC Life Insurance Plans List before deciding.


 Final Thoughts

The policy loan feature of HDFC Life Click 2 Achieve adds a safety net to your life insurance journey. It ensures that temporary financial hurdles don’t derail your long-term financial goals like wealth creation, children’s education, or retirement.

If you’ve been looking for online insurance HDFC Life products that offer flexibility, growth, and emergency liquidity, Click 2 Achieve might be your best bet.

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