LIC HOusing Business Loan

LIC Housing Loans (for Construction / Purchase / Extension / Renovation of House / Flat) are available at Concessional Terms for Employees of Approved Corporates with whom the Company has a tie-up. Any of the following concessions are applied selectively or in combination depending on the tie-up which can be ascertained from the Nodal Area Office from where the proposal originated.

Current Floating Home Loan Interest Rates of LIC Housing Finance

Loan Schemes - LIC Housing Finance
Up to 30 Lacs From 30 lacs to 75 Lacs
Scheme I : 10.75% (Fixed for 2 yrs)
Scheme II : 11% (Fixed for 3 yrs) , 11.40% (Fixed for 5 yrs)
Scheme III : 11.20%(Fixed for 10 yrs)
Scheme I : 10.25%(Fixed for 2 years)
Scheme II : 10.70% (Fixed for 3 yrs), 11.15% (Fixed for 5 yrs)
Scheme III : 10.95%(Fixed for 10 yrs) (Upto 40Lacs),
Scheme II : 11% (Fixed for 3 yrs) , 11.40% (Fixed for 5 yrs)
Scheme III : 11.20%(Fixed for 10 yrs)
From 75 Lacs & above
Scheme I : 10.75% (Fixed for 2 yrs)
Scheme II : 11% (Fixed for 3 yrs) , 11.40% (Fixed for 5 yrs)
Scheme III : 11.20%(Fixed for 10 yrs))

  Salaried Self employed
AGE 18years to 60years 18years to 60years
Income Rs.15000 (p.m) NTH ITR - 2,00,000(p.a)
Loan Amount Offered 5,00,000 - 1,00,00000 5,00,000 - 2,00,00000
Tenure 5 years - 25 years 5 years - 20 years
Current Experience 2 years 3 years
Processing Fee 1% of Loan Amount 1% of Loan Amount
Documentation 1) Application form with photograph.
2) Identity & residence proof.
3) Latest 3 months salary slip.
4) Form 16
5) Last 6 months salaried bank statements
6) Processing fee cheque
1) Application form with photograph.
2) Identity & residence proof.
3) Education qualifications certificate & proof of business existence.
4) Business profile, Last 3 years profit/loss & balance sheet.
5) Last 6 months bank statements.
6) Processing fee cheque

Enquiry Form

 EMI Calculator

Home Mortgage