LIC Home Loan Interest Rate, Eligibility 2024

Hi dear readers, hope you are doing well, today we will know about How to get LIC Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.

If you want to take home loan from LIC (Life Insurance Corporation) housing finance ltd then this article is for you. As you know that home loan is comes under the category of a Secured Loan. To take this loan, the lender has to give you something as security.

Home is our little piece of heaven. It is the dream of every person that he also has his own house. But money is needed to build a house or to buy a house. If you do not have money to build a house or buy a house, then you can go to LIC. Home Loan You can fulfill your dream of home by joining us.

In this article, we will know what is LIC home loan, what is the interest rate on this loan, how can we apply for this home loan etc., so you are requested to complete this article. Read till the end

LIC Home Loan

LIC Housing Finance offers many types of Home Loan Schemes. The interest rate for each home loan can be different. The amount to be given under the home loan CIBIL Score depends on factors like your income.

CIBIL score is high then you can get home loan up to higher loan amount. this home loan Pradhan Mantri Awas Yojana – Credit Linked Subsidy Scheme (PMAY- CLSS) eligible for subsidy under

LIC Housing Loan Home Loan Interest Rate starts from 8.00% per annum. This interest rate on home loan changes from time to time, so you should keep checking it by visiting its official website from time to time. Under LIC Home Loan, you can take a loan from 1 lakh to 15 crores. You can take LIC Home Loan for a tenure of 30 years.

If you want to build a house, buy a house or want to renovate a house and you are short of money, then you LIC Home Loan can connect with All types of customers like salaried, self-employed, professional, NRI etc. can apply for LIC HFL Home Loan.

Key Features of LIC HFL Home Loan

• Loan Name: Loan Loan 2024
• Lender: LIC HFL
• Interest Rate: 8.00%
• Loan Amount: 1 Lakh Fee
• Processing Fee: 0.50% of the loan amount ₹5000+ and ₹15000+ force to play the game
• Loan Time: Game 30 Years
• Application Mode: Online / Offline
• Official Website: https://www.lichousing.com/

Interest Rate of LIC Home Loan 2024

LIC HFL offers attractive interest rate home loan. LIC HFL home loan interest rate starts from 8.00% per annum. Before applying for a home loan from any bank, you should get information about the interest rate charged on that loan. Just as Personal Loan before we take Personal Loan Interest Rate In the same way, before taking a home loan, it is important to have information about the home loan interest rate.

Because if you take a home loan at higher interest rates, then you may have to face trouble at the time of paying EMI (Equated Monthly Installment) of the loan. You should also calculate the EMI of your loan by visiting the official website of LIC HFL with the help of Home Loan EMI Calculator so that you can find out whether the interest rate on home loan is right for you or not.

Features of LIC HFL Home Loan

• Any individual, salaried, self-employed, professional, NRI etc can join LIC Home Loan for construction of house, for home renovation or for home purchase etc.
• Under this loan, you can take a home loan amount up to a minimum of Rs 1 lakh.
• LIC home loan interest rate starts from 8.00% p.a.
• You can get your loan approved online by applying for this loan online.
• Quick Approval & Low EMI.
• Apply with simple documentation.
• You can take this home loan for a maximum tenure of 30 years.
• No prepayment penalty.
• Takeover or balance transfer facility of existing home loan.
• Any resident of India or non-resident who wants to build a house in India can apply for LIC HFL Home Loan.
• The processing fee on this loan is 0.50% of the loan amount with a minimum of ₹5000 + GST and a maximum of ₹15000 + GST.

LIC HFL Home Loan Types

LIC HFL offers a variety of home loan schemes. You can get home loan by applying in these Home Loan Scheme as per your convenience. The types of LIC home loans are given here, you can see them :

• Griha Suvidha Home Loan
• Home Loan For Pensioners
• Home Renovation Loan
• Home Loan Top Up
• Home Extension Loan
• Plot Loan
• Home Construction Loan
• Pradhan Mantri Awas Yojana
• Home Loan For NRI ( Housing Loan NRI)
• Home Loan Balance Transfer

LIC Home loan Eligibility

If you are eligible for LIC Home Loan then you can apply for it. Home loan eligibility depends on factors like your credit score, your income, repayment capacity. The eligibility for this home loan is given below:

• Any salaried, self-employed, professional, NRI person can apply for this loan.
• Maximum age of salaried person is 50 years and self-employed The maximum age of the person should be 75 years.
• Your CIBIL score should be minimum 600.
• The monthly income of the applicant should be Rs.30,000 or more.
• Both resident and non-resident of India can apply for LIC Home Loan.
• Must have work experience of maximum 2 years.
• You can visit the official website of LIC HFL Loan Eligibility Calculator You can check your eligibility by using

Documents need for LIC Home Loan

Before applying for a home loan, you should get all your documents together so that whenever the bank asks for documents from you, you can show these documents to them immediately. The documents for LIC home loan are as follows:

• Address and Identity Proof (PAN Card/Aadhar Card/Passport/Driving License)
• property document
  • up to date tax paid receipt
  • Allotment letter of builder or society in case of flats
  • property ownership proof

for salaried persons

• Income Certificate (Salary Slip/Form 16/ Bank Statement of last 6 to 12 months)

for self employed

• last 6 to 12 months
• 3 years along with financial
• Common Documents for the Salaried and Self-Employed

LIC Home Loan Apply

Any individual can apply for LIC HFL Home Loan online and offline. Here is the information about both the application process:

LIC Home Loan Online Apply

If you want to apply online for this loan, then follow the steps given below :

• First of all you need to know about LIC HFL official website But have to come
• On the home page of the website, you will see the options of many types of home loan schemes in the option of Home Loan.
• the home loan you want to apply for.
• on the next page you Apply for Home Loan online An option will appear, click on it.

• After coming to the new page, you will see the option of Click to Apply, click on it.
• A form will open in front of you. In this, all the requested information has to be entered correctly, after that click on the option of Save & Proceed.
• After that the bank will contact you and will proceed with the loan process.

How to apply offline ?

If you do not want to apply online for this loan, then you can also apply offline. To apply offline, follow the steps given below :

• First of all you have to go to your nearest LIC HFL branch.
• You will have to contact the bank employee by going to the branch.
• The employee will provide you all the information related to the home loan.
• After that your CIBIL score will be checked and your documents will be verified.
• If you fulfill all the conditions of the bank, then the loan process will be continued.
• After all the process, if your loan is approved then the loan amount is transferred to your bank account.

How to Check LIC HFL Application Status ?

If you have applied for loan online then you can track your loan status online. To know the status of your application, follow the steps given below :

• First of all you have to visit the official website of the bank.
• On the home page of the website, you will see the option of Online Loan Application, click on it.
• After that click on Process Loan Application.
• now you Click to Track Application An option will appear, click on it.
• A box will open in front of you. In this you will get your Ref. No./Application No has to be entered and click on submit.
• submit, the status of your application will appear in front of you.

LIC home loan EMI Calculator

Before applying for a home loan, you should calculate the EMI of your loan. If you apply for a home loan without calculating the EMI of your loan, then you may face difficulties at the time of EMI payment. You can visit the official website of LIC HFL Home Loan EMI Calculator With the help of this you can calculate the EMI of your loan.

Home Loan Fees & Charges

Processing Fee	Up to Rs.0.50%
Statutory Charges	Rs.250 – Rs.1,000
Rewriting Charges	Rs.2,500
Check Bounce Charges	Rs.350
ECS Dishonor Charges	Rs.200
Document Retrieval Charges	Rs.2,500
Providing List of Documents	Rs.500
Photocopies of Title Documents	Rs.1,000
Late EMI Payment Charges	1.5% – 2% pm

LIC HFL Customer Care Number

this article, you can understand the complete process of applying for LIC Home Loan. If you are facing any problem in applying for this home loan or want to get any other type of information regarding this loan, then you can get more information by calling LIC home loan customer care given below:

• Contact Number: +91-2222178600
• Email ID: [email protected]
• Fax: 912222178777

Conclusion:

In this article we have Provided complete information about LIC Home Loan. Any person can apply for LIC HFL home loan by reading this article. If you are facing any kind of problem in applying for this home loan or want to know more about this loan then you can contact on LICHFL home loan customer care number.

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FAQs on LIC Home Loan