LIC Housing Finance Home Loan
LIC Housing Finance offers competitive home loan rates with CIBIL-based pricing and special benefits for senior citizens.
Key Highlights
LIC Housing Finance Home Loan Interest Rates
Current interest rates as per latest updates
* Interest rates are subject to change based on RBI guidelines and your credit profile.
* Final rates depend on loan amount, tenure, and creditworthiness.
Features & Benefits
Key Features
- Senior citizen rates
- CIBIL-based pricing
- Flexible repayment
Special Offers
- CIBIL-based pricing starting at 7.50%
- Senior citizen benefits
- Flexible repayment options
Pros and Cons
Advantages
- Competitive rates
- Senior citizen benefits
- HFC experience
Considerations
- Limited digital services
- Traditional approach
LIC Housing Finance Home Loan Eligibility
Check if you meet the eligibility criteria
- Age: 18-65 years
- Minimum income: ₹15,000 per month
- CIBIL Score: 700+ preferred
- Stable employment
Documents Required
Keep these documents ready for quick processing
- Identity and address proof
- Income documents
- Bank statements
- Property papers
- Age proof
Apply for LIC Housing Finance Home Loan
Start your home loan application process today
Compare with Other Banks
See how LIC Housing Finance compares with other lenders
Frequently Asked Questions
What is the minimum income required for LIC Housing Finance home loan?
The minimum income requirement varies based on your location and employment type. Generally, it ranges from ₹10,000 to ₹25,000 per month.
How long does LIC Housing Finance take to approve a home loan?
The approval process typically takes 7-15 working days, depending on document verification and property evaluation.
Can I prepay my LIC Housing Finance home loan?
Yes, you can prepay your home loan. Some banks may charge prepayment penalties, so check the terms and conditions.
Important Disclaimer
• All information provided is for reference purposes only and subject to change.
• Interest rates and fees are indicative and may vary based on your profile and market conditions.
• Loan approval is subject to the bank's terms and conditions and credit assessment.
• Please verify all details with the bank before making any financial decisions.