LIC HFL is a large housing finance company with many options regarding housing loans. Purchases, constructions, extensions or renovations are all covered. The LIC HFL Home Loan also appeals to different categories of customers: Indian residents or not and pensioners.

The criteria for applying for this home loan are not demanding and you can do it online. You can choose between a variable or fixed interest rate. If the main borrower is a woman the loan will be even lower-priced. An online calculator on the LIC HFL website will help give you an idea of a personalised monthly repayment regarding the loan sum and tenure you have in mind.

With LIC HFL home loan you can ask for up to 85% of financing of the property. The maximum amount applicants can ask for is Rs. 10,00,000.

 Benefits:

  • You can borrow amounts between Rs. 1,00,000 and Rs. 10,00,000
  • Loans for many types of individuals and many housing purposes
  • Online calculation of your loan details without obligation
  • More than 20 lakhs families have chosen for this service

Features


APR8.40%
Tenure30 years
Booking Fee Rs. 15,000

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> Apply here for the LIC HFL Home Loan!


Who is eligible?

All resident Indians, all salaried individuals not residing in India and pensioners that have a pension scheme. 

Good to know:

Maximum term of repayment is 30 years for salaried employees and 20 years for self-employed individuals.