LIC Home Loan Details
LIC Housing Finance Limited offers home loans to Resident Indians, Non-Resident Indians (NRIs), and for pensioners. The home loans can be used for home purchase, home construction, home renovation, extension, loan against property, and more. The maximum tenure is 30 years for salaried, and 20 years for self-employed.
LIC Housing Finance Home Loan Interest Rates
The interest offered may vary based on your residency status and whether or not you are a pensioner. Contact your nearest LIC Housing Finance office to know the prevailing interest rates offered on their home loan.
LIC Housing Finance Home Loan Schemes
Getting a home of your own is like a dream come true and LICHFL strives to make that dream possible. The home loan service provider offers financing schemes tailored for resident Indians, non-resident Indians (NRIs), and pensioners.
Some of the major highlights of the plans are competitive rates, loan assistance by skilled professionals, loans for varying needs (home construction, renovation, and extension, to name a few), and exclusion of hidden charges, among others.
LICHFL for Resident Indian
GST = Goods and Services Tax
LICHFL for Non-resident Indians
LICHFL for Pensioners
Home Loan Calculator
Calculate your EMI (equated month instalment) amount beforehand with the help of Creditupchar LICHFL Home Loan EMI Calculator. It will help manage your finances in a better way. The entire calculation process is quite simple. All you need to do is enter details regarding your loan, including the loan amount, interest rate, loan tenure, and processing fee. Press the “calculate” button to view the final EMI amount.
You can also view a comprehensive breakdown of your payment schedule through the amortisation table.