LIC Housing Finance charges minimal processing fees on home loans. The processing fee is non-refundable, and it is not included in the home loan amount. Maximum processing fees are up to 0.50%. For example, if the home loan amount is Rs 20 lakh, you will have to pay Rs 10,000 as processing fees, Which is 0.50% of Rs 20 lakh. LIC Housing offering home loans to Salaried, Self Employed, NRI & pensioners at lowest/affordable interest rates & minimum emi. You can borrow the loan for the purchase of Plot/Flat, Construction, Extension, Repairs/renovation, plot Purchase, Top-up, Balance Transfer etc. Maximum tenure for plot purchase are 15 years rest all are 30 years. Interest Rate. 6.4% 13.5% % Monthly EMI: Apply now. A bank that cares With our easy Car Loan, drive home the car you desire Micro Loans Choose However, the loan facility is available to the policyholder only after 3-4 years of buying the policy. This loan amount can be availed at an interest rate of 10% p.a. for a period of 6 months. This means that the postal PLI interest rate on the loan amount is paid every 6 months. In case of failure in timely payment of interest by the In comparison to regular personal loans, LIC personal loan interest rates are low. The current LIC personal loan interest rate ranges from 9.00%-36.00% and can depend on the lender. You can get a loan on your insurance policy from LIC or other lenders like SBI, HDFC Bank, Axis Bank, and others and pay less than for a personal loan. . NEW DELHI: LIC Housing Finance has reduced its rates of interest for individual home loan borrowers with immediate effect, the company said in a media release. The rate of interest for new customers having CIBIL score of 800 or more is 7.5% for any amount of loan. An additional reduction of 10 bps i.e. 7.40% will be offered if the customer Cibil Score at the time of rewriting. Rate of Interest (Linked to LHPLR) 700 & above. 9.45%. 600 to 699. 10.10%. Below 600. 10.20%. Note: Rate of Interest will be applicable as per Maximum. score of the applicant/s on the date of rewriting. The loan numbers of these loans are xxxl, xxx3, xxx4, '00<5, xxx6. Now, Assume that, loan number "xxxl" and "xxx2" have been taken on same property, then select "1" on property group of these loans. Similarly, Loan no. and "xxx4" have been taken on same property then select "2" on both loans "Property Group". The maximum age of the home loan applicant is 70 years at the time of maturity of the loan. The individual should have a monthly income of at least Rs.25000 in order to apply for LIC Home Loans. The applicant should have a credit score of at least 600 in order to be eligible for a home loan. LIC, among other advantages, provides competitive interest rates and a high rate of return on investment. The duration of LIC Housing Finance FDs ranges from 36 months to 60 months, with a maximum rate of interest of 5.75 percent. Senior interest rates are higher than average, ranging up to 6.00 percent.

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