LIC

Buying a Home is the costliest purchase in one’s life and it is equally important to choose a Home Loan partner who will look beyond loan transactions. Typically Home loans being 20-30 years tenure, the terms should be easy to understand and process simplified with utmost transparency. It’s that sense of security one feels when taking loan from LIC HFL.

LIC HFL Home loans exciting features

Skilled Professionals to guide you through the process by providing door step service

Pan India presence and overseas offices at Dubai & Kuwait.

Competitive Interest Rates

Different loan schemes to suit your needs such as loans for Construction/Purchase/Repairs/Renovation/Extension/Plot purchase/Loan against Property/Loans to Professionals etc.

Loan Approval based on your financials to help you choose property as per your Budget

No hidden cost

Resident Indians

 

1. Purchase

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above 20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Salaried – 30 years, for self employed 20 Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

2. Construction

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above 20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Salaried – 30 years, for self employed 20 Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

3. Extension

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above 20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Salaried – 30 years, for self employed 20 Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

Non Resident Indians

 

1. Purchase

This scheme is available only for Salaried persons having NRI/PIO status.

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

2. Construction

This scheme is available only for Salaried persons having NRI/PIO status.

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

3. Extension

This scheme is available only for Salaried persons having NRI/PIO status.

Loan Amount	:	Min.Rs.1,00,000/-
Loan to Property cost	:	85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term	:	Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode	:	Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest	:	Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees	:	As applicable from time to time

For terms & conditions please visit: LIC Housing Finance Ltd.