Hi Kesar,
Yes this is possible. This scenario is known as VPN on stick setup.
You can refer to this document: http://www.cisco.com/c/en/us/support/docs/security/asa-5500-x-series-next-generation-firewalls/67986-pix7x-asa-client-stick.html
This document talks about ipsec VPN client being used by the home user however the concept remain same.
Let me know if this helps.
Vishnu