With a policy VPN you create the policy and choose an Action of "tunnel" instead of permit. You can only permit then, you cannot create deny policies.
With the route based vpn you will find a binding to a tunnel interface on your "Autokey IKE" policy in the advanced tab. There is no interface binding on the policy VPN.
Also with route VPN you need to create routes into the tunnel interface for the desired subnets, probably static routes in this situation.