Interest Rates 201810681 views
LIC has a special place in people’s heart as it has helped them in living their dream by providing them the desirable home loans. The upper limit of the fund is high and most importantly it comes with affordable housing rates. With this combination, LIC home loans have been one of the best home loans in India. If you have also been looking for a lender that can give you the funds you desire at the rate that you can afford, you should check the housing loan details below.
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Table of Contents
LIC HFL Home Loan Interest Rate August 2018
| Particulars | Details |
|---|---|
| Interest Rate | 8.45% - 8.90% |
| Loan Amount | Above ₹1 lakh |
| Tenure | Up to 30 years |
| Processing Fees | Up to ₹1 Crore - ₹5,000 + GST ₹1 Crore & above - ₹10,000 + GST |
| Prepayment Charges | 0% |
LIC HFL Interest Rate for Existing Customers
At LIC Housing Finance Ltd, the rate of interest for old customers or existing customers is reviewed every 6 months as per the terms and conditions they have agreed to at the time of loan agreement.
LIC HFL Home Loan Balance Transfer Interest Rates
If your existing lender is charging higher interest rates, you can transfer your home loan to LIC HFL. By doing so, you can enjoy lower interest rates which ultimately leads to pocket-friendly EMIs. For balance transfer, the rates are low which gives the customer the option to pay much lower than before.
