Yes, you can get a loan on your LIC policy. The process is as follows:
-You can contact your LIC agent or branch office and request a loan application form.
-Fill out the form and submit it along with the required documents.
-The LIC will review your application and determine if you are eligible for a loan.
-If you are approved, the loan will be disbursed to you and you will need to start making repayments.
For more information, you can check out this link: https://www.licindia.in/Products/Loans-Against-Policy