A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • LIC Home Loan Interest Rate is Rated as "Great!" by 582 Users

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    LIC Home Loan Interest Rate

    The Life Insurance Corporation of India (LIC) is a state-owned insurance and investment company headquartered in Mumbai. LIC is one of the largest insurance companies in India with an asset value of approximately ?2,009,119 crore. LIC was formed under the Life Insurance of India Act that merged and nationalised 245 insurance companies and provident societies. LIC Housing Finance Ltd. is one of India’s largest housing finance companies and it was incorporated on 19th June, 1989. The main objective of LIC Housing Finance Ltd. is to provide individuals long-term finance for the construction, purchase or renovation of existing property at the lowest interest rates possible. The company provides financial solutions to professionals to construct clinics, hospitals, office spaces, nursing homes, diagnostic centres, etc. The company also provides loans to individuals engaged in the business of construction of residential properties. LIC Housing Finance Ltd. has offices in Dubai and Kuwait to service non-resident Indians in the Middle East as well.

    LIC Housing Finance Schemes for Resident Indians

    LIC Housing Finance Ltd. provides loans to Indian residents for the purchase of a property, construction of a property or for the renovation or extension of an existing property. The various different schemes for the different purposes have been discussed below:

    LIC Housing Finance for Purchase of Property

    LIC Housing Finance Ltd. provides individuals with a minimum loan amount of Rs.1 lakh for the purchase of property. The loan to property cost for Purchase of Property has been discussed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • The maximum loan tenure for a salaried individual is 30 years.
    • The maximum loan tenure for a self-employed individual is 20 years.

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Home Loan Interest Rates for Purchase of Property

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum
    *For Government Employees. Up to Rs.5 crore 9.15% per annum 9.15% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For government employees the applicable processing fee is Rs.1,000.
    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Housing Finance for Construction

    LIC Housing Finance Ltd. provides individuals Housing Loans for the construction of residential units, with a minimum loan amount of Rs.1 lakh. The loan to property cost for Construction has been listed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • The maximum loan tenure for a salaried individual is 30 years.
    • The maximum loan tenure for a self-employed individual is 20 years.

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans for construction of residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Housing Loan Interest Rates for Construction

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum
    *For Government Employees. Up to Rs.5 crore 9.15% per annum 9.15% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For government employees the applicable processing fee is Rs.1,000.
    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Housing Finance for Renovation or Expansion

    LIC Housing Finance Ltd. gives individuals who would like to renovate or expand an already constructed residential unit Housing Loans. The minimum loan amount to renovate or expand a constructed property is Rs.1 lakh. The loan to property cost for renovation or expansion of constructed property has been listed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • The maximum loan tenure for a salaried individual is 30 years.
    • The maximum loan tenure for a self-employed individual is 20 years.

    Repayment Mode

    The repayment mode for LIC housing finance home loans for construction of residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Home Loan Interest Rates for Renovation or Expansion

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum
    *For Government Employees. Up to Rs.5 crore 9.15% per annum 9.15% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For government employees the applicable processing fee is Rs.1,000.
    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Home Loan Schemes for Non-Resident Indians

    LIC Housing Finance Ltd. provides salaried non-resident Indians and persons of Indian origin with Housing Finance to construct, purchase, renovate or expand existing constructed properties. These loans are provided at reasonable interest rates and minimal processing fees. The various purposes for which the loans can be avail have been discussed in detail below:

    LIC Home Loan to Non-Resident Indians for Purchase of Property

    LIC Housing Finance Ltd. provides Housing Finance to non-resident Indians (NRIs) for the purchase of property in India. The minimum loan amount that an individual can avail for the purchase of property is Rs.1 lakh. The Loan to Property Cost for different loan amounts have been listed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • A maximum tenure of 20 years will be given to non-resident Indians with professional qualifications.
    • A maximum tenure of 15 years will be given to all other non-resident Indians.

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans for non-resident Indians constructing residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Home Loan Interest Rates for Non-Resident Indians

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Home Loan for Non Resident Indians for Construction of Property

    LIC Housing Finance Ltd. provides non-resident Indians and persons of Indian origin with Housing Finance for the construction of residential units in India. The minimum loan amount that can be availed for this purpose is Rs.1 lakh. The Loan to Property Cost for various loan amounts have been discussed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • A maximum tenure of 20 years will be given to non-resident Indians with professional qualifications.
    • A maximum tenure of 15 years will be given to all other non-resident Indians.

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans for non-resident Indians constructing residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Housing Loan Interest Rates for Non Resident Indians

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000

    LIC Home Loan for Non Resident Indians for Renovation or Expansion of Constructed Residential Unit

    LIC Housing Finance Ltd. provides non-resident Indians with Housing Finance for the renovation or expansion of constructed property at nominal interest rates. The minimum loan amount an individual can avail for this purpose is Rs.1 lakh. The Loan amount to Cost of Property for various loan amounts have been listed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    • A maximum tenure of 20 years will be given to non-resident Indians with professional qualifications.
    • A maximum tenure of 15 years will be given to all other non-resident Indians.

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans for non-resident Indians constructing residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    LIC Home Loan Interest Rates for Non Resident Indians

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Home Loan Scheme for Pensioners

    LIC Housing Finance Ltd. provides pensioners with housing finance solutions for the construction, purchase, renovation or expansion of existing property. The minimum loan amount that a pensioner can avail from LIC Housing Finance is Rs.1 lakh with reasonable interest rates and minimal processing fees. The various purposes for which pensioners may avail loans from LIC Housing Finance Ltd. have been discussed in detail below:

    LIC Home Loan for Pensioners for Purchase of Property

    Pensioners may avail loans from LIC Housing Finance Ltd. for purchasing property in India. The minimum loan amount that can be availed is Rs.1 lakh. The Loan to Property Cost for Purchase of Property for various loan amounts has been discussed below:

    • For loans up to Rs.20 lakh, 85% of the total cost of the property will be provided.
    • For loans above Rs.20 lakh up to Rs.75 lakh, 80% of the total cost of the property will be provided.
    • For loans above Rs.75 lakh, 75% of the total cost of the property will be provided.

    Loan Tenure

    Before Retirement After Retirement
    The loan tenure for persons applying for a loan before retirement will be up to 15 years or until the applicant attains 70 years of age, whichever is earlier. The loan tenure for persons applying for a loan after retirement will be until the person attains the age of 70 years.

    Special Terms and Conditions

    Before Retirement: An undertaking letter stating that the entire loan amount or at least 30% of the loan amount will be repaid from the retirement benefits will be required. The balance of the loan amount will be repaid from the pension income. The pension of the applicant will determine the amount of principal to be repaid at the time of retirement.

    After Retirement: The pension or any portion thereof cannot be commuted under this scheme.

    An acceptable guarantor will be required to avail these schemes.

    Eligibility

    Before Retirement :An individual who has attained the age of 50 years and is eligible for a pension after retirement may avail these loans.

    After Retirement: Individuals receiving a stable pension after retirement will be eligible to avail these loans.

    LIC Home Loan Interest Rates for Pensioners

    Floating Interest Rates

    Loan Amount Women Others
    Up to Rs.1 crore 9.15% per annum 9.20% per annum
    Between Rs.1 crore and Rs.3 crore 9.25% per annum 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.35% - 9.55% per annum 9.40% - 9.60% per annum

    Fixed Interest Rates

    Duration Loan Amount Rate Applicable
    Fixed for 2 years Up to Rs.3 crore 9.20% per annum
    Between Rs.3 crore and Rs.5 crore 9.30% to 9.50% per annum  
    Fixed for 3 years Up to Rs.3 crore 9.30% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 5 years Up to Rs.3 crore 9.40% per annum
    Between Rs.3 crore and Rs.5 crore 9.50% to 9.70% per annum  
    Fixed for 10 years Up to Rs.3 crore 9.50% per annum
    Between Rs.3 crore and Rs.5 crore 9.70% to 9.90% per annum  
    Fixed for entire term Up to Rs.3 crore 9.70% per annum
    Between Rs.3 crore and Rs.5 crore 9.90% to 10.10% per annum  

    Repayment Mode

    The repayment mode for LIC Housing Finance Home Loans for non-resident Indians constructing residential units are on an Equated Monthly Instalment (EMI) basis with a monthly rest period.

    Processing Fees

    LIC Housing Finance Ltd. has a minimal processing fee for its loans. The processing fees for different sections have been listed below:

    • For women the applicable processing fee is Rs.2,500.
    • For all others the applicable processing fee is Rs.5,000.

    LIC Home Loan Interest Rate 2017 Reviews

    • LIC Housing Home Loan
      "Good Financial service"
      0.5 4.0/5 "Great!"
      I have taken Home loan from LIC HOME FINANCE They Took some time for the approval , where the rate of interest is high for first time and as i requested the have made it to nominal with nominal processing fees . I make the payment through the ecs process . Am satisfied with their customer service and response .
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 20, 2019
    • LIC Housing Home Loan
      "Not satisfied with the Service"
      0.5 1.0/5 "Really Bad"
      I got my housing loan from Lic housing finance . Am not that much satisfied with rate of interest which is high one with high processing fee for the documentation and approval The customer service and response is not that much good. It took more days for the documentation and approval process. Where i make the payment through Ecs.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 19, 2019
    • LIC Housing Home Loan
      "Interest rate should be flexible"
      0.5 4.0/5 "Great!"
      LIC housing is providing good interest for home loan, but when govt reversed the rate of interest, I got higher percentage and they have taken some processing fee from the disbursement. But they didn't give any insurance. Anyway LIC housing has balance transfer, part payment and foreclosure option.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jan 18, 2019
    • LIC Housing Home Loan
      "Documenation should be simple and process should be faster"
      0.5 3.0/5 "Satisfactory"
      I am not satisfied with LIC Housing, they have very lengthly document process. They taken almost 20 days of time to sanction the disbursement and they release the payment part based on the construction. The interest rate is good and LIC Housing is is trusted one.
      Was this review helpful? 6
      , ahmedabad
      Reviewed on Jan 11, 2019
    • LIC Housing Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I took a home loan from the LIC , The service was also good, The loan amount was satisfactory , I got the loan amount with in few days , The interest rate was high when I took it. The processing fee was nominal and the tenure period is 23 year . I am happy with services .
      Was this review helpful? 2
      , mumbai
      Reviewed on Jan 11, 2019
    • LIC Housing Home Loan
      "Affordable interest rate with LIC Housing"
      0.5 4.5/5 "Excellent!"
      I took the home loan from LIC housing it was cleared long back, when I took the loan the interest rate 9.3% for the tenure period of 20 years. I completely paid and I got the NOC. Only thing, the different executive were involving for same thing hence I need to pay the commission.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 09, 2019
    • LIC Housing Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been a great experience i had with this loan and the process in getting this loan has also been good as well. Their customer support and response has also been good and there has not been any sort of additional charges which they had made. The interest rate with them has also been nominal and has not been that high.
      Was this review helpful? 4
      , coimbatore
      Reviewed on Dec 29, 2018
    • LIC Housing Home Loan
      "Easy and convenient to get the loan"
      0.5 4.0/5 "Great!"
      Purchased my housing loan by last year October with a joint account with my wife. I bought the loan amount of Rs. 25 lakhs. They have offered me a interest rate of 8.35% and the processing fee was nominal. I pay the EMI of Rs. 24600 every month. I make the payment through ECS and the total tenure period of this loan is 16 years.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Dec 26, 2018
    • LIC Housing Home Loan
      "Average"
      0.5 3.5/5 "Pretty good"
      My home loan was taken with LIC ,It has been a pleasant personal loan experience LIC . The interest rate was nominal and even processing fee was too nominal it is equal to other bank . The tenure period is sufficient . They need to improve their customer service .
      Was this review helpful? 1
      , guwahati
      Reviewed on Dec 10, 2018
    • LIC Housing Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience with this loan has been good and the loan amount which they had provided has been sufficient as well. The interest rate with them has been nominal when compared with the market rate and the whole process went smooth and simple. There has not been any additional charges which has been made by them so far.
      Was this review helpful? 2
      , pune
      Reviewed on Dec 04, 2018
    • LIC Housing Home Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I bought my home loan with LIC housing finance. In 2011, i have taken the home loan for the amount of Rs. 10 lakhs. The interest rate was 8.6% which I'm comfortable with. There was no processing fee. Total tenure period of the loan is 10 years. I have received the loan on time. I'm paying the EMI of Rs. 15400 every month.
      Was this review helpful? 2
      , pune
      Reviewed on Dec 02, 2018
    • LIC Housing Home Loan
      "Good home loan experience"
      0.5 5.0/5 "Blown Away!"
      They have offered me a interest rate of 9.35% and i'm not happy about the interest rate since its high. They have charged me a processing fee of 1%. I have taken my home loan with LIC. I have got the loan amount of Rs. 12 lakhs. I have received the loan on time. I pay the EMI of Rs. 12000 every month. Total tenure period of the loan is 20 years.
      Was this review helpful? 3
      , chennai
      Reviewed on Nov 27, 2018
    • LIC Housing Home Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      My home loan was taken with LIC HOUSING FINANCE, they charge very high rate of interest and even processing fee was also very high . The documentation process is good and it is easy also it is simple to access. Loan amount is very satisfactory and i use to pay EMI on time .
      Was this review helpful? 3
      , hyderabad
      Reviewed on Nov 25, 2018
    • LIC Housing Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had taken a home loan with LIC Housing Finance. The rate of interest was okay its not high and the processing fee is acceptable when compared to other banks. I have done a preclosure long back. At that moment, there is no online service so I used to visit the branch and the services are good.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 24, 2018
    • LIC Housing Home Loan
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      I have taken the housing loan with the LIC HOUSING FINANCE and using it from past 3 years, the process is simple to get the loan. The processing fee is 1% also the rate of interest is of 9.67% which is floating, the duration is for 20 years to repay. The service is good, the EMI is 20k i pay per month.
      Was this review helpful? 2
      , chennai
      Reviewed on Nov 19, 2018
    • LIC Housing Home Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have taken my housing loan with the LIC HOUSING FINANCE where i have been using it from last 5 years and also the documentation process is good and it is easy also it is simple to access. The rate of interest is approximately 9% also the loan amount is sufficient.
      Was this review helpful? 2
      , new delhi
      Reviewed on Nov 19, 2018
    • LIC Housing Home Loan
      "Need Improvement"
      0.5 4.0/5 "Great!"
      LIC housing loan interest rate is high, they told something but finally they disbursed the amount with higher interest. Best thing about LIC they don't have preclosure charges. The process was very difficult to avail or close the loan. For every queries I need to visit to the home branch at Trichy.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 13, 2018
    • LIC Housing Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience i had with this loan has been simple and easy, the loan amount which they had provided has been sufficient and the interest rate with them has been nominal. There has been some charges which they had made which has been nominal. Their customer support has been responsive as well.
      Was this review helpful? 3
      , secunderabad
      Reviewed on Nov 13, 2018
    • LIC Housing Home Loan
      "Best Financial Service"
      0.5 5.0/5 "Blown Away!"
      I got my housing loan from LIC housing . Am satisfied with rate of interest which is nominal one of 8.34% The customer service and response is good. It instant approval process. They gave good tenure period which i make the payment through ecs .There is no processing fees.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 10, 2018
    • LIC Housing Home Loan
      "Hassle free"
      0.5 5.0/5 "Blown Away!"
      Earlier I took home loan from LIC housing, now the interest rate is around 9.2% before four years the interest was quite nominal around 8.7%. they have disbursed the loan within the time period. I am quite happy with them there was no difficulties faced.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Nov 01, 2018
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