LIC HFL Home Loan Interest Rates September 2026
Last Updated : Aug. 29, 2026, 2 p.m.
LIC Housing Finance home loan interest rates currently start from 7.15% p.a. for eligible borrowers with a CIBIL score of 825 or above. The applicable rate rises for lower credit-score bands and certain larger loan amounts. Based on LIC HFL’s current published rate card, standard home loan rates range from 7.15% to 10.15% p.a.
The lowest advertised rate is not automatically available to every applicant. LIC HFL considers the applicant’s credit history, income, existing EMIs, occupation, age, repayment capacity, requested loan amount and property before issuing a sanction.
The interest rate mentioned in the final sanction letter will apply to the borrower.
Rates checked on: 27 August 2026
LIC HFL HOME LOAN – QUICK OVERVIEW
| Particular | Current Details |
|---|---|
| Interest Rate | 7.15%–10.15% p.a. |
| Maximum Loan Amount | Up to ₹15 crore, subject to eligibility |
| Maximum Tenure for Salaried Applicants | Up to 30 years |
| Maximum Tenure for Self-employed Applicants | Up to 25 years |
| Best Published Credit Band | CIBIL score of 825 or above |
| Maximum Loan-to-Value Ratio | Up to 90%, depending on loan amount |
| Prepayment Charges | Nil on eligible floating-rate individual home loans |
| Processing Fee | As applicable to the scheme and current offer |
| Eligible Applicants | Salaried, self-employed, professionals, business owners and eligible NRIs |
CURRENT LIC HFL HOME LOAN INTEREST RATES BY CIBIL SCORE
LIC Housing Finance follows risk-based pricing. A stronger credit score can help a borrower qualify for a lower rate, while a weaker score may result in a higher rate or stricter approval conditions.
| CIBIL Score | Loan up to ₹1 Crore | Above ₹1 Crore and up to ₹5 Crore | Above ₹5 Crore and up to ₹15 Crore |
|---|---|---|---|
| 825 and above | 7.15% | 7.15% | 7.45% |
| 800–824 | 7.35% | 7.35% | 7.65% |
| 775–799 | 7.50% | 7.60% | 7.80% |
| 750–774 | 7.60% | 7.70% | 7.90% |
| 725–749 | 7.80% | 7.90% | 8.10% |
| 700–724 | 8.10% | 8.20% | 8.40% |
| 600–699 | 8.90% | 9.00% | 9.65% |
| 201–599 | 9.70% | 9.80% | 10.15% |
The table reflects the score and loan-amount structure displayed on LIC HFL’s standard home loan rate page. Rates may change and can differ for fixed-rate options, plot loans, top-up loans, Griha Suvidha and other specialised products.
WHO CAN GET THE 7.15% LIC HFL HOME LOAN RATE?
The lowest published rate of 7.15% p.a. applies to borrowers in the CIBIL score band of 825 and above for loans up to ₹5 crore.
However, a score above 825 does not guarantee approval at this rate. The applicant must also meet LIC HFL’s income, repayment-capacity and property-related requirements.
An applicant with a high credit score but excessive existing EMIs or insufficient income may receive a different rate or a lower sanctioned amount.
WHAT IS THE LIC HFL RATE FOR A 750 CIBIL SCORE?
A CIBIL score between 750 and 774 currently falls under the following published slabs:
| Loan Amount | Interest Rate |
|---|---|
| Up to ₹1 crore | 7.60% |
| Above ₹1 crore and up to ₹5 crore | 7.70% |
| Above ₹5 crore and up to ₹15 crore | 7.90% |
The final offer can vary after LIC HFL assesses the applicant’s income, employment, obligations and property.
LIC HFL HOME LOAN EMI EXAMPLES
The following example assumes a ₹50 lakh home loan with a tenure of 20 years.
| Interest Rate | Approximate Monthly EMI | Approximate Total Interest |
|---|---|---|
| 7.15% | ₹39,216 | ₹44.12 lakh |
| 7.80% | ₹41,202 | ₹48.88 lakh |
| 8.90% | ₹44,665 | ₹57.20 lakh |
| 10.15% | ₹48,749 | ₹67.00 lakh |
These are illustrative calculations based on monthly reducing-balance interest. The actual repayment can differ because of rate revisions, disbursement stages, prepayments and additional charges.
Even a difference of 1% can materially affect the monthly EMI and total interest over a long tenure. Applicants should compare the final rate offered to them instead of relying only on the advertised starting rate.
HOW IS LIC HFL HOME LOAN EMI CALCULATED?
The standard formula is:
EMI = P × R × (1 + R)^N ÷ [(1 + R)^N – 1]
Where:
P is the principal loan amount.
R is the monthly interest rate.
N is the total number of monthly instalments.
Borrowers can use the Wishfin LIC HFL Home Loan EMI Calculator to compare multiple loan amounts, rates and tenures.
FACTORS THAT DETERMINE LIC HFL HOME LOAN INTEREST RATES
- CIBIL Score and Credit History: LIC HFL uses the applicant’s credit score and repayment behaviour while determining the rate. Timely payments, low credit-card utilisation and the absence of recent defaults can help strengthen the application. Settled accounts, write-offs, frequent delays or high outstanding credit-card balances can negatively affect the rate and approval.
- Loan Amount: The rate can change when the requested loan crosses ₹1 crore or ₹5 crore. Applicants should check the rate applicable to their required amount instead of looking only at the lowest advertised rate.
- Income and Existing EMIs: LIC HFL evaluates whether the applicant’s income can comfortably support the proposed EMI after considering existing loans, credit-card dues and normal household expenses.
- Employment or Business Stability: For salaried applicants, employment history, employer profile and salary records are important. For self-employed applicants, LIC HFL may review income-tax returns, business financial statements, bank accounts and the continuity of the business or profession.
- Property and Down Payment: The property must clear legal and technical checks. A larger down payment reduces the loan-to-value ratio and the lender’s risk.
- Type of Loan: Standard home loans, plot loans, construction loans, Griha Suvidha loans, fixed-rate schemes, balance transfers and top-up loans can carry different rates.
LIC HFL LOAN-TO-VALUE RATIO
The loan-to-value ratio determines how much LIC HFL may finance against the accepted property value.
| Home Loan Amount | Maximum Financing |
|---|---|
| Up to ₹30 lakh | Up to 90% of property value |
| Above ₹30 lakh and up to ₹75 lakh | Up to 80% of property value |
| Above ₹75 lakh | Up to 75% of property value |
For example, if a property is valued at ₹60 lakh and the applicable LTV is 80%, the maximum loan based on the property value would be ₹48 lakh.
The final sanctioned amount can be lower if the applicant’s income-based eligibility is below ₹48 lakh.
Stamp duty, registration, legal costs and other transaction expenses may not be fully financed. Applicants should maintain sufficient savings for the down payment and related expenses.
LIC HFL HOME LOAN TENURE
LIC HFL offers repayment tenure of:
- Up to 30 years for salaried applicants.
- Up to 25 years for self-employed applicants.
The permitted tenure is also subject to the applicant’s age and repayment capacity.
A longer tenure reduces the monthly EMI but increases the total interest paid. A shorter tenure increases the EMI but can substantially reduce the overall borrowing cost.
Applicants should select a tenure that leaves enough monthly income for regular expenses, savings and emergencies.
LIC HFL HOME LOAN ELIGIBILITY
Salaried employees, self-employed professionals, business owners, resident Indians and eligible NRIs can apply for an LIC HFL home loan.
The main eligibility factors include:
- Applicant and co-applicant’s age
- Monthly or annual income
- Employment or business stability
- Existing EMIs and credit-card obligations
- CIBIL score and repayment history
- Requested loan amount
- Selected repayment tenure
- Property value and legal status
- Proposed down payment
- Income of the co-applicant, where applicable
There is no single guaranteed minimum salary or loan amount for every applicant. Eligibility depends on the combination of income, obligations, age, tenure and property.
DOCUMENTS REQUIRED FOR AN LIC HFL HOME LOAN
Identity and Address Documents
- PAN card
- Aadhaar card or another accepted identity and address document
- Recent photographs
- Passport, visa and overseas address proof for NRI applicants
Income Documents for Salaried Applicants
- Recent salary slips
- Form 16 or income-tax returns, as requested
- Salary-account bank statements
- Employment proof
Income Documents for Self-employed Applicants
- Income-tax returns
- Audited or certified financial statements, where applicable
- Business bank statements
- Proof of business, profession or registration
Property Documents
- Agreement to sell, sale deed or allotment letter
- Approved building plan
- Title and ownership documents
- Property-tax receipts
- Builder or housing-society documents
- Construction or renovation cost estimate, where applicable
LIC HFL may request additional documents after reviewing the applicant, loan purpose and property.
LIC HFL PROCESSING FEE AND OTHER CHARGES
LIC HFL may change its processing fee and can offer limited-period fee waivers. Therefore, applicants should check the latest charges while applying.
Possible charges include:
- Processing fee and GST
- Legal verification charges
- Technical property-evaluation charges
- Stamp duty and statutory expenses
- Documentation or administrative charges
- Cheque, NACH or EMI-return charges
- Rate-conversion or repricing fee
- Document retrieval charges
- Insurance premium, if voluntarily selected
LIC HFL advertises no prepayment charges on eligible floating-rate individual home loans. Borrowers should still check the sanction terms, particularly for fixed-rate loans, non-individual borrowers or business-purpose loans.
LIC HFL HOME LOAN BALANCE TRANSFER
Existing home loan borrowers paying a higher rate can apply to transfer their outstanding loan to LIC Housing Finance.
A balance transfer makes financial sense when the expected interest savings are higher than the processing, legal, valuation and documentation costs involved in transferring the loan.
Before transferring, compare:
- New interest rate
- Outstanding loan amount
- Remaining tenure
- Processing and transfer costs
- Benchmark and reset frequency
- EMI reduction
- Tenure reduction
- Break-even period
- Top-up loan conditions
Borrowers with only a few years remaining on their loan may not benefit from transferring for a small rate difference.
HOW TO IMPROVE YOUR CHANCE OF GETTING A LOWER LIC HFL RATE
- Check your credit report before applying.
- Correct genuine errors appearing in the report.
- Pay credit-card bills and loan EMIs on time.
- Reduce high credit-card balances.
- Avoid multiple loan applications within a short period.
- Increase the down payment if it does not affect emergency savings.
- Add an earning co-applicant where it improves repayment capacity.
- Keep salary, tax and bank records consistent.
- Ask for the complete rate, benchmark, spread and charges in writing.
IS AN LIC HFL HOME LOAN RIGHT FOR YOU?
LIC Housing Finance can suit applicants looking for a high loan amount, long repayment tenure, balance-transfer facility and transparent score-based pricing.
However, the lender advertising the lowest starting rate may not necessarily offer the lowest rate to every borrower.
Compare the final LIC HFL offer with other lenders based on:
- Interest rate after credit assessment
- Processing and property-related charges
- Benchmark and rate-reset mechanism
- Loan approval and disbursal time
- Prepayment rules
- Rate-conversion facility
- Customer service after disbursal
DISCLAIMER : Rates, fees, eligibility and terms are subject to change and LIC HFL’s final assessment. Wishfin does not guarantee loan approval or the lowest advertised rate.
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