Do Not Call
Secure a home loan from LIC Housing Finance Limited (HFL) with competitive interest rates and turn your dream home into reality.
Starting Interest Rate
Max. Loan Amount
Max. Tenure
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.
The interest rates and charges applicable to this loan are as listed below:
Types of Charges |
Details |
|---|---|
Interest Rate |
8.65% p.a. onwards |
Processing Fees |
|
*Disclaimer: The mentioned details are subject to change at the lender’s discretion.
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:
Types of Fees and Charges |
Details |
|---|---|
Prepayment and Foreclosure Charges |
No penalty after completing the payment of 6 EMIs |
Late EMI Payment Charges |
1.50% per month (18% p.a.) for the first 12 months and 1.75% per month (21% p.a.) thereafter, calculated from the due date until full payment |
Document Retrieval Charges |
₹2,500 + GST |
Cheque, ECS/NACH bouncing charges |
₹750 + GST |
*Disclaimer: The mentioned details are subject to change at the lender’s discretion.
Secure funds of up to ₹15 Crores, giving you the financial flexibility to purchase the property of your choice
This loan can cover up to 90% of your property value, subject to certain limits
Enjoy competitive interest rates starting at 8.65% per annum, helping keep your EMIs manageable
Choose repayment tenures of up to 30 years, tailored to your financial comfort
Here are the basic eligibility criteria you may be asked to fulfil to be eligible for an LIC Housing Finance Home Loan:
Eligibility Criteria |
Details |
|---|---|
Nationality |
Indian |
Age |
|
Minimum Income |
|
ITR Filings |
If self-employed, you should have filed an ITR over the last 3 years |
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:
You can easily apply for an LIC Housing Finance home loan on Bajaj Markets by following these simple steps:
Click on ‘Check Offer’ on this page
Enter your basic personal and income details
Select ‘LIC Housing Finance Ltd.’ from the list of lenders
Choose your preferred loan amount and tenure
Submit your application
A representative will contact you shortly to guide you through the next steps.
You can easily track the status of your LIC Housing Finance home loan application using the following methods:
Visit the official LIC Housing Finance Limited website
Click on ‘Home Loan Enquiry’
Fill in the necessary details in the form
Click on the Submit button to view your loan status
You can easily access and download your LIC Housing Finance home loan statement online by following these steps:
Visit the official LIC Housing Finance Limited website.
Click on the customer icon on the left side of the ‘Apply Now’ button.
Click ‘Login’ on the Home Loan section.
Log in with your username, password, and a security code provided on the page. Click on ‘Login’.
Alternatively, you can login with your loan/application number, date of birth, and the provided security code. Click on ‘Submit’.
Browse to the ‘Activities’ tab and click on ‘Repay Certificate’ from the subsequent dropdown.
Select your loan number and the year for which you want the statement.
Click on ‘Submit’.
The Repay Certificate will be generated. You can download the certificate by clicking on ‘Print’. Alternatively, you can get the report mailed to you by clicking on ‘Mail Me’.
LIC Housing Finance Ltd. provides flexible repayment options to help you manage your home loan efficiently. Key repayment methods include:
No, applying for a home loan with a co-applicant is not mandatory. However, having a co-applicant can increase your loan eligibility.
Yes, you can repay your LIC Housing Finance loan before the loan tenure ends by opting for a prepayment or foreclosure facility.
Yes, according to Sections 80C and 24B of the Income Tax Act, you can enjoy tax benefits on home loan repayments.
The current interest rate for LIC Housing Finance home loans starts from 8.65% per annum.
You can get an LIC Housing Finance home loan for tenures of up to 30 years
Yes, under the Griha Suvidha Home Loan by LIC Housing Finance, you can apply even if part of your salary is in cash. At least 70% of your income should come through the banking channel.
The cash portion, up to 30% of your total income, may be considered as additional income. However, the income cap and co-applicant conditions will also apply.
The LIC Housing Finance Home Loan Repayment Certificate is a document that shows details of your home loan account. These details include the loan amount, tenure, interest paid, and EMI status.
The processing fee for a home loan by LIC Housing Finance Ltd. depends on the loan amount. For loans up to ₹2 Crores, it is 0.25% of the loan amount, capped at ₹10,000 + GST.
For loans above ₹2 Crores and up to ₹5 Crores, the cap is ₹25,000 + GST. For loans above ₹5 Crores and up to ₹15 Crores, the fee is fixed at ₹50,000 + GST.
Yes, LIC Housing Finance Ltd. offers home loans for resale and under-construction properties.
No, LIC Housing Finance Ltd. does not charge any fees for prepayment or foreclosure of your home loan after you complete the first 6 EMIs.
The processing time for a home loan from LIC Housing Finance Ltd. takes a few days. To ensure smooth and quick approval, submit all required documents accurately and on time.
Yes, you can apply for a joint home loan with a family member, as it increases your loan eligibility.
Yes, you can transfer your existing home loan to LIC Housing Finance Ltd. to get better rates and flexible terms. Simply apply online and submit the required documents for approval.
LIC Housing Finance Ltd. customer support helps with loan queries, repayments, document requests, KYC updates, loan transfers, and technical issues. You can contact them via phone or email for assistance.
.webp "Download"){kind=icon}
