LIC Housing Finance Loan Against Property

LIC Housing Finance Limited (LIC HFL) provides Loans Against Property (LAP) of up to ₹15 Cr. With affordable interest rates starting from 9.45% p.a., you can repay your loan comfortably over a tenure of up to 15 years.

The following table provides the details about LIC HFL Loan Against Property interest rates and charges:

To get funds through this facility, you need to fulfil the LIC HFL Loan Against Property eligibility criteria:

• You must be an Indian resident

• Your credit score must be at least 700 

• Your should be between 21 - 65 years

• Salaried and self-employed individuals can opt for this facility

You need to submit the following documents to avail of this loan: 

• Proof of Identity and Residence (Aadhaar card, PAN card, passport, voter ID, etc.

• Proof of Income (Form 16, Salary slips, bank statements)

• Proof of ownership of the property (Title deed of the property)

• Proof of business for self-employed applicants

You need to follow this process to apply for an LAP from LIC HFL:

• Click on ‘APPLY NOW’ on this page

• Enter your requirements and provide details of your profession and your contact details to check your loan eligibility

• Click on ‘Proceed’

• Fill in the details accurately

• Check the loan details along with additional charges and disbursal loan amount

• Submit your application

• A loan executive will get in touch with you shortly after you complete this process

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.