Get an LIC HFL Home Loan of up to 15 Crores with Bajaj Markets. Get funds at competitive interest rates starting from 8.65% p.a. and flexible repayment tenures of up to 30 years. Explore multiple loan options designed to suit your home-buying needs.

Applying for an LIC Housing Finance Home Loan via Bajaj Markets gives you access to one of India’s most trusted lending partners with a completely digital application journey. The table below summarises the critical components and service charges associated with the loan:

Apart from the interest rate, LIC Housing Finance Home Loan comes with some additional fees and charges. Here is a quick overview of the common fees involved:

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Here are the basic eligibility criteria you may be asked to fulfil to be eligible for an LIC Housing Finance Home Loan:

The paperwork required to secure an LIC Housing Finance home loan is quite minimal. Here is the list of documents required:

LIC Housing Finance Ltd. provides a range of home loan products designed to cater to diverse housing needs. The main types include:

• Home Loan: Finance the purchase of a new or resale residential property with flexible terms and competitive interest rates
• Home Renovation Loan: Fund repairs, renovations, or upgrades to keep your existing home safe and comfortable
• Home Extension Loan: Support the expansion of your current home, such as adding extra rooms or floors for a growing family
• Plot Loan: Secure funds to purchase a plot of land, allowing you to build your dream home in the future
• Home Construction Loan: Cover the costs of constructing a new house on owned land, including all stages of building expenses
• Home Loan Balance Transfer: Transfer an existing home loan from another lender to LIC Housing Finance Ltd. to benefit from lower interest rates or improved repayment terms

You can easily apply for an LIC Housing Finance home loan on Bajaj Markets by following these simple steps:

1. Click here to start the loan application process

2. Enter your basic personal and income details

3. Select ‘LIC Housing Finance Ltd.’ from the list of lenders

4. Choose your preferred loan amount and tenure

5. Submit your application

A representative will contact you shortly to guide you through the next steps.

LIC Housing Finance Ltd. provides flexible repayment options to help you manage your home loan efficiently. Key repayment methods include:

• EMI Payment: Pay a fixed monthly amount covering both principal and interest through the online portal or mobile app
• Part Prepayment: Make partial prepayments to reduce your principal and interest liability
• Full Prepayment (Foreclosure): Pay off the entire outstanding loan balance before the tenure ends. This is a popular option for borrowers looking to become debt-free early, usually available without charges for individual floating-rate borrowers.
• EMI Top-Up: Increase your loan amount during the tenure and repay through an additional EMI
• Auto Debit Facility: Set up automatic EMI payments from your bank account to avoid delays and penalties
• Rate Conversion (Rewriting): A unique facility where you can pay a nominal ‘rewriting fee’ to switch to a lower prevailing interest rate. This allows you to reduce your EMI or tenure without shifting to a different lender.

LIC Housing Finance provides multiple dedicated channels, including regional helplines and digital support, to ensure borrowers receive prompt assistance regarding their home loan accounts.

You can reach out to the LIC Housing Finance Home Loan support team through the following contact details: