A "low interest" loan shouldn't mean you have very little interest in paying it back!
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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
      "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? 1
      , 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? 2
      , hyderabad
      Reviewed on Nov 01, 2018
    • LIC Housing Home Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have been using the housing loan from last 1 year and they have approved for rupees 19lakhs which is satisfactory and the rate of interest is 8.4% and it is a floating interest they have offered. The documents submitted physically also the quick process to get the loan. The service is good.
      Was this review helpful? 6
      , chennai
      Reviewed on Oct 03, 2018
    • LIC Housing Home Loan
      "Good Financial service"
      0.5 4.0/5 "Great!"
      I have taken home loan from Lic housing finance . Where they are giving satisfying rate of interest . There is nominal charges for the processing fees for the documentation . Am pretty much satisfied with the rate of interest which they have provided.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Oct 03, 2018
    • LIC Housing Home Loan
      "Very worst after sales service & Interest rate is very high"
      0.5 1.5/5 "Bad"
      They were keep on increasing the interest rate and also they never contacted nor sent any information mail or message for the increase of the interest rate. When verified after 3-4 yrs they were charging the interest rate @ 11.5 percent which was very high compared to the market interest rate which was 8.3% for a housing loan. So immediately requested for a home loan transfer to HDFC.
      Was this review helpful? 9
      , hyderabad
      Reviewed on Sep 21, 2018
    • LIC Housing Home Loan
      "Below avergae"
      0.5 2.0/5 "Expected more"
      I have taken home loan from LIC housing finance limited . They have charged high rate of interest is 9.9% after so many follow ups they have reduce to 9% . For processing fees they have charged Rs 14000 for 22 lakhs . They have given tenure period of 19 years.
      Was this review helpful? 16
      , hyderabad
      Reviewed on Sep 05, 2018
    • LIC Housing Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a home loan with LIC HFL and my loan experience was good, the loan amount was for Rs 20 lakhs with nominal interest rate when compared to others. Customer service was good and they responded on time.They charge 3% as preclosure charges and the tenure period is 20 years.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 27, 2018
    • LIC Housing Home Loan
      "Average Service"
      0.5 3.5/5 "Pretty good"
      I've taken a home loan from the LIC housing Finance for 30 Lacs, the Interest rate was very low. But they do not change the interest rate with respect to the change in market rate. We have to approach them and in that case too they weren't helpful.
      Was this review helpful? 3
      , coimbatore
      Reviewed on Aug 23, 2018
    • LIC Housing Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My home loan experience is very good with LIC and even they have provided sufficient loan amount to me . Rate of interest is 9% which is up to the mark and tenure period is 25 years . Customer service is good and documents were collected on time . I use to pay EMI on time. Processing fee is 2% on the loan amount.
      Was this review helpful? 4
      , lucknow
      Reviewed on Aug 21, 2018
    • LIC Housing Home Loan
      "LIC HOME LOAN"
      0.5 1.0/5 "Really Bad"
      Never take home loan from LIC... worst structure. be mindful before going for home loan at LIC. They will never decrease home loan rate even if it it will go down and they may increase it if RBI increase Repo rate. careful guys. you can get at better rates
      Was this review helpful? 8
      , vadodara
      Reviewed on Aug 11, 2018
    • LIC Housing Home Loan
      "Not satified"
      0.5 1.0/5 "Really Bad"
      My home loan was taken with LIC 5 years back. The loan amount was 40 lakhs and the interest rate was very high than other banks . The tenure period was 20 years . I had a good process her e. There is no inconvenience faced. The documentation was also easy so would like to recommend to others.
      Was this review helpful? 8
      , bangalore
      Reviewed on Jul 31, 2018
    • LIC Housing Home Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      i have taken a home loan from LIC bank for 4000000, the rate of interest is 8.5% and the tenure period is 25 years. Interest rate is standard so i am satisfied with that. While getting the loan the procedure is too lengthy, i thought i will get my loan so soon but it took 1 or 2 week to get. But the experience was good.
      Was this review helpful? 6
      , mumbai
      Reviewed on Jul 17, 2018
    • LIC Housing Home Loan
      "Satisfactory Service"
      0.5 3.0/5 "Satisfactory"
      My Wife has also taken a home loan from the LIC housing finance for 25 lacs. I've been paying an EMI of 29000. They never notified me about the slashed interest rates for home loans. However they were the first company to offer me a loan. I switched the loan provider to a different bank.
      Was this review helpful? 1
      , noida
      Reviewed on Jul 13, 2018
    • LIC Housing Home Loan
      "Satisfactory Service"
      0.5 3.0/5 "Satisfactory"
      I've taken a home loan from the LIC housing finance for 25 lacs. I've been paying an EMI of 29000. They never notified me about the slashed interest rates for home loans. However they were the first company to offer me a loan. I switched the loan provider to a different bank.
      Was this review helpful? 6
      , noida
      Reviewed on Jul 13, 2018
    • LIC Housing Home Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I had taken this loan almost two and a half months back and the experience in getting the loan has been very good. The process in getting the loan has been good and the loan amount which they had given has been satisfactory as well. The interest rate charged by the bank is fair enough.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 29, 2018
    • LIC Housing Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My home loan was taken with LIC 3 years back. The loan amount was 7 lakhs and the give interest rate was satisfactory . The tenure period was 20 years . The customer service and responses was good. The process was bit slow and the documentation process was not satisfactory but the processing fee was nominal here .
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 22, 2018
    • LIC Housing Home Loan
      "Needs to improve on customer service"
      0.5 4.0/5 "Great!"
      I have taken a home loan from LIC HFL and my experience was good, the loan amount was for Rs 20 lakhs with nominal interest rate when compared to all other sources. Customer service was not up to the mark as they did not inform about the EMI date. The tenure period for this loan is 20 years.
      Was this review helpful? 1
      , chennai
      Reviewed on Jun 01, 2018
    • LIC Housing Home Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      The loan experience had been very good with them. The rate of interest provided by them was 8.3% which has been good. The whole process in getting the loan had been easy and smooth. It has been taken almost a month to get the loan, and i was happy with the loan amount.
      Was this review helpful? 2
      , bangalore
      Reviewed on May 26, 2018
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