✓ Loan Against Property from ₹2 Lakhs to ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 9% Check Offer

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.

Interest Rates and Charges

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

Interest Rate

9.45% p.a. onwards

Processing Fees

1% of the loan amount + Applicable charges

Foreclosure Charges

No prepayment charges for floating rates (Only possible after 12 monthly repayments) 

Disclaimer: The above-mentioned rates and charges may change at the discretion of the LIC Housing Finance Loan.

LIC Housing Finance LAP

LIC Loan Against Property EMI Calculator

Loan Amount
₹ 5 L
₹ 10 L
₹ 1 Cr
₹ 10 Cr
Tenure
Months
12 M
186 M
360 M
Rate of Interest
6.00%
10.50%
15.00%
Loan Against Property
Your Monthly Loan EMI
₹10,41,209.72
Principal Amount
₹10,00,00,000
Total Interest
₹8,74,17,749.93
Total Amount Payable
₹18,74,17,749.93
Amortization Schedule
Download Amortization Schedule Download
Expand Amortization Schedule
Year Payable Amount Principal Interest Balance
2025 ₹ 72,88,470 ₹ 18,18,480 ₹ 54,69,988 ₹ 9,81,81,520
Jun₹ 10,41,210₹ 2,53,710₹ 7,87,500₹ 9,97,46,290
Jul₹ 10,41,210₹ 2,55,708₹ 7,85,502₹ 9,94,90,583
Aug₹ 10,41,210₹ 2,57,721₹ 7,83,488₹ 9,92,32,861
Sep₹ 10,41,210₹ 2,59,751₹ 7,81,459₹ 9,89,73,110
Oct₹ 10,41,210₹ 2,61,796₹ 7,79,413₹ 9,87,11,314
Nov₹ 10,41,210₹ 2,63,858₹ 7,77,352₹ 9,84,47,456
Dec₹ 10,41,210₹ 2,65,936₹ 7,75,274₹ 9,81,81,520
2026 ₹ 1,24,94,520 ₹ 33,59,393 ₹ 91,35,121 ₹ 9,48,22,125
Jan₹ 10,41,210₹ 2,68,030₹ 7,73,179₹ 9,79,13,489
Feb₹ 10,41,210₹ 2,70,141₹ 7,71,069₹ 9,76,43,348
Mar₹ 10,41,210₹ 2,72,268₹ 7,68,941₹ 9,73,71,080
Apr₹ 10,41,210₹ 2,74,412₹ 7,66,797₹ 9,70,96,668
May₹ 10,41,210₹ 2,76,573₹ 7,64,636₹ 9,68,20,094
Jun₹ 10,41,210₹ 2,78,751₹ 7,62,458₹ 9,65,41,343
Jul₹ 10,41,210₹ 2,80,947₹ 7,60,263₹ 9,62,60,396
Aug₹ 10,41,210₹ 2,83,159₹ 7,58,051₹ 9,59,77,237
Sep₹ 10,41,210₹ 2,85,389₹ 7,55,821₹ 9,56,91,848
Oct₹ 10,41,210₹ 2,87,636₹ 7,53,573₹ 9,54,04,212
Nov₹ 10,41,210₹ 2,89,902₹ 7,51,308₹ 9,51,14,310
Dec₹ 10,41,210₹ 2,92,185₹ 7,49,025₹ 9,48,22,125
2027 ₹ 1,24,94,520 ₹ 36,90,977 ₹ 88,03,542 ₹ 9,11,31,151
Jan₹ 10,41,210₹ 2,94,485₹ 7,46,724₹ 9,45,27,640
Feb₹ 10,41,210₹ 2,96,805₹ 7,44,405₹ 9,42,30,835
Mar₹ 10,41,210₹ 2,99,142₹ 7,42,068₹ 9,39,31,694
Apr₹ 10,41,210₹ 3,01,498₹ 7,39,712₹ 9,36,30,196
May₹ 10,41,210₹ 3,03,872₹ 7,37,338₹ 9,33,26,324
Jun₹ 10,41,210₹ 3,06,265₹ 7,34,945₹ 9,30,20,059
Jul₹ 10,41,210₹ 3,08,677₹ 7,32,533₹ 9,27,11,382
Aug₹ 10,41,210₹ 3,11,108₹ 7,30,102₹ 9,24,00,275
Sep₹ 10,41,210₹ 3,13,558₹ 7,27,652₹ 9,20,86,717
Oct₹ 10,41,210₹ 3,16,027₹ 7,25,183₹ 9,17,70,690
Nov₹ 10,41,210₹ 3,18,516₹ 7,22,694₹ 9,14,52,175
Dec₹ 10,41,210₹ 3,21,024₹ 7,20,186₹ 9,11,31,151
2028 ₹ 1,24,94,520 ₹ 40,55,283 ₹ 84,39,235 ₹ 8,70,75,868
Jan₹ 10,41,210₹ 3,23,552₹ 7,17,658₹ 9,08,07,599
Feb₹ 10,41,210₹ 3,26,100₹ 7,15,110₹ 9,04,81,499
Mar₹ 10,41,210₹ 3,28,668₹ 7,12,542₹ 9,01,52,831
Apr₹ 10,41,210₹ 3,31,256₹ 7,09,954₹ 8,98,21,575
May₹ 10,41,210₹ 3,33,865₹ 7,07,345₹ 8,94,87,710
Jun₹ 10,41,210₹ 3,36,494₹ 7,04,716₹ 8,91,51,216
Jul₹ 10,41,210₹ 3,39,144₹ 7,02,066₹ 8,88,12,072
Aug₹ 10,41,210₹ 3,41,815₹ 6,99,395₹ 8,84,70,258
Sep₹ 10,41,210₹ 3,44,506₹ 6,96,703₹ 8,81,25,751
Oct₹ 10,41,210₹ 3,47,219₹ 6,93,990₹ 8,77,78,532
Nov₹ 10,41,210₹ 3,49,954₹ 6,91,256₹ 8,74,28,578
Dec₹ 10,41,210₹ 3,52,710₹ 6,88,500₹ 8,70,75,868
2029 ₹ 1,24,94,520 ₹ 44,55,549 ₹ 80,38,969 ₹ 8,26,20,320
Jan₹ 10,41,210₹ 3,55,487₹ 6,85,722₹ 8,67,20,381
Feb₹ 10,41,210₹ 3,58,287₹ 6,82,923₹ 8,63,62,094
Mar₹ 10,41,210₹ 3,61,108₹ 6,80,101₹ 8,60,00,986
Apr₹ 10,41,210₹ 3,63,952₹ 6,77,258₹ 8,56,37,034
May₹ 10,41,210₹ 3,66,818₹ 6,74,392₹ 8,52,70,216
Jun₹ 10,41,210₹ 3,69,707₹ 6,71,503₹ 8,49,00,509
Jul₹ 10,41,210₹ 3,72,618₹ 6,68,592₹ 8,45,27,891
Aug₹ 10,41,210₹ 3,75,553₹ 6,65,657₹ 8,41,52,339
Sep₹ 10,41,210₹ 3,78,510₹ 6,62,700₹ 8,37,73,829
Oct₹ 10,41,210₹ 3,81,491₹ 6,59,719₹ 8,33,92,338
Nov₹ 10,41,210₹ 3,84,495₹ 6,56,715₹ 8,30,07,843
Dec₹ 10,41,210₹ 3,87,523₹ 6,53,687₹ 8,26,20,320
2030 ₹ 1,24,94,520 ₹ 48,95,323 ₹ 75,99,194 ₹ 7,77,24,998
Jan₹ 10,41,210₹ 3,90,575₹ 6,50,635₹ 8,22,29,745
Feb₹ 10,41,210₹ 3,93,650₹ 6,47,559₹ 8,18,36,095
Mar₹ 10,41,210₹ 3,96,750₹ 6,44,459₹ 8,14,39,344
Apr₹ 10,41,210₹ 3,99,875₹ 6,41,335₹ 8,10,39,469
May₹ 10,41,210₹ 4,03,024₹ 6,38,186₹ 8,06,36,445
Jun₹ 10,41,210₹ 4,06,198₹ 6,35,012₹ 8,02,30,248
Jul₹ 10,41,210₹ 4,09,397₹ 6,31,813₹ 7,98,20,851
Aug₹ 10,41,210₹ 4,12,621₹ 6,28,589₹ 7,94,08,231
Sep₹ 10,41,210₹ 4,15,870₹ 6,25,340₹ 7,89,92,361
Oct₹ 10,41,210₹ 4,19,145₹ 6,22,065₹ 7,85,73,216
Nov₹ 10,41,210₹ 4,22,446₹ 6,18,764₹ 7,81,50,770
Dec₹ 10,41,210₹ 4,25,772₹ 6,15,437₹ 7,77,24,998
2031 ₹ 1,24,94,520 ₹ 53,78,501 ₹ 71,16,014 ₹ 7,23,46,496
Jan₹ 10,41,210₹ 4,29,125₹ 6,12,084₹ 7,72,95,872
Feb₹ 10,41,210₹ 4,32,505₹ 6,08,705₹ 7,68,63,368
Mar₹ 10,41,210₹ 4,35,911₹ 6,05,299₹ 7,64,27,457
Apr₹ 10,41,210₹ 4,39,344₹ 6,01,866₹ 7,59,88,113
May₹ 10,41,210₹ 4,42,803₹ 5,98,406₹ 7,55,45,310
Jun₹ 10,41,210₹ 4,46,290₹ 5,94,919₹ 7,50,99,020
Jul₹ 10,41,210₹ 4,49,805₹ 5,91,405₹ 7,46,49,215
Aug₹ 10,41,210₹ 4,53,347₹ 5,87,863₹ 7,41,95,868
Sep₹ 10,41,210₹ 4,56,917₹ 5,84,292₹ 7,37,38,950
Oct₹ 10,41,210₹ 4,60,515₹ 5,80,694₹ 7,32,78,435
Nov₹ 10,41,210₹ 4,64,142₹ 5,77,068₹ 7,28,14,293
Dec₹ 10,41,210₹ 4,67,797₹ 5,73,413₹ 7,23,46,496
2032 ₹ 1,24,94,520 ₹ 59,09,373 ₹ 65,85,145 ₹ 6,64,37,122
Jan₹ 10,41,210₹ 4,71,481₹ 5,69,729₹ 7,18,75,015
Feb₹ 10,41,210₹ 4,75,194₹ 5,66,016₹ 7,13,99,821
Mar₹ 10,41,210₹ 4,78,936₹ 5,62,274₹ 7,09,20,884
Apr₹ 10,41,210₹ 4,82,708₹ 5,58,502₹ 7,04,38,177
May₹ 10,41,210₹ 4,86,509₹ 5,54,701₹ 6,99,51,668
Jun₹ 10,41,210₹ 4,90,340₹ 5,50,869₹ 6,94,61,327
Jul₹ 10,41,210₹ 4,94,202₹ 5,47,008₹ 6,89,67,125
Aug₹ 10,41,210₹ 4,98,094₹ 5,43,116₹ 6,84,69,032
Sep₹ 10,41,210₹ 5,02,016₹ 5,39,194₹ 6,79,67,016
Oct₹ 10,41,210₹ 5,05,969₹ 5,35,240₹ 6,74,61,046
Nov₹ 10,41,210₹ 5,09,954₹ 5,31,256₹ 6,69,51,092
Dec₹ 10,41,210₹ 5,13,970₹ 5,27,240₹ 6,64,37,122
2033 ₹ 1,24,94,520 ₹ 64,92,643 ₹ 60,01,874 ₹ 5,99,44,480
Jan₹ 10,41,210₹ 5,18,017₹ 5,23,192₹ 6,59,19,105
Feb₹ 10,41,210₹ 5,22,097₹ 5,19,113₹ 6,53,97,008
Mar₹ 10,41,210₹ 5,26,208₹ 5,15,001₹ 6,48,70,800
Apr₹ 10,41,210₹ 5,30,352₹ 5,10,858₹ 6,43,40,448
May₹ 10,41,210₹ 5,34,529₹ 5,06,681₹ 6,38,05,919
Jun₹ 10,41,210₹ 5,38,738₹ 5,02,472₹ 6,32,67,181
Jul₹ 10,41,210₹ 5,42,981₹ 4,98,229₹ 6,27,24,200
Aug₹ 10,41,210₹ 5,47,257₹ 4,93,953₹ 6,21,76,944
Sep₹ 10,41,210₹ 5,51,566₹ 4,89,643₹ 6,16,25,377
Oct₹ 10,41,210₹ 5,55,910₹ 4,85,300₹ 6,10,69,468
Nov₹ 10,41,210₹ 5,60,288₹ 4,80,922₹ 6,05,09,180
Dec₹ 10,41,210₹ 5,64,700₹ 4,76,510₹ 5,99,44,480
2034 ₹ 1,24,94,520 ₹ 71,33,481 ₹ 53,61,037 ₹ 5,28,10,998
Jan₹ 10,41,210₹ 5,69,147₹ 4,72,063₹ 5,93,75,333
Feb₹ 10,41,210₹ 5,73,629₹ 4,67,581₹ 5,88,01,704
Mar₹ 10,41,210₹ 5,78,146₹ 4,63,063₹ 5,82,23,558
Apr₹ 10,41,210₹ 5,82,699₹ 4,58,511₹ 5,76,40,859
May₹ 10,41,210₹ 5,87,288₹ 4,53,922₹ 5,70,53,571
Jun₹ 10,41,210₹ 5,91,913₹ 4,49,297₹ 5,64,61,658
Jul₹ 10,41,210₹ 5,96,574₹ 4,44,636₹ 5,58,65,084
Aug₹ 10,41,210₹ 6,01,272₹ 4,39,938₹ 5,52,63,811
Sep₹ 10,41,210₹ 6,06,007₹ 4,35,203₹ 5,46,57,804
Oct₹ 10,41,210₹ 6,10,780₹ 4,30,430₹ 5,40,47,025
Nov₹ 10,41,210₹ 6,15,589₹ 4,25,620₹ 5,34,31,435
Dec₹ 10,41,210₹ 6,20,437₹ 4,20,773₹ 5,28,10,998
2035 ₹ 1,24,94,520 ₹ 78,37,575 ₹ 46,56,944 ₹ 4,49,73,424
Jan₹ 10,41,210₹ 6,25,323₹ 4,15,887₹ 5,21,85,675
Feb₹ 10,41,210₹ 6,30,248₹ 4,10,962₹ 5,15,55,427
Mar₹ 10,41,210₹ 6,35,211₹ 4,05,999₹ 5,09,20,217
Apr₹ 10,41,210₹ 6,40,213₹ 4,00,997₹ 5,02,80,004
May₹ 10,41,210₹ 6,45,255₹ 3,95,955₹ 4,96,34,749
Jun₹ 10,41,210₹ 6,50,336₹ 3,90,874₹ 4,89,84,413
Jul₹ 10,41,210₹ 6,55,457₹ 3,85,752₹ 4,83,28,956
Aug₹ 10,41,210₹ 6,60,619₹ 3,80,591₹ 4,76,68,336
Sep₹ 10,41,210₹ 6,65,822₹ 3,75,388₹ 4,70,02,515
Oct₹ 10,41,210₹ 6,71,065₹ 3,70,145₹ 4,63,31,450
Nov₹ 10,41,210₹ 6,76,350₹ 3,64,860₹ 4,56,55,100
Dec₹ 10,41,210₹ 6,81,676₹ 3,59,534₹ 4,49,73,424
2036 ₹ 1,24,94,520 ₹ 86,11,163 ₹ 38,83,356 ₹ 3,63,62,263
Jan₹ 10,41,210₹ 6,87,044₹ 3,54,166₹ 4,42,86,380
Feb₹ 10,41,210₹ 6,92,454₹ 3,48,755₹ 4,35,93,926
Mar₹ 10,41,210₹ 6,97,908₹ 3,43,302₹ 4,28,96,018
Apr₹ 10,41,210₹ 7,03,404₹ 3,37,806₹ 4,21,92,615
May₹ 10,41,210₹ 7,08,943₹ 3,32,267₹ 4,14,83,672
Jun₹ 10,41,210₹ 7,14,526₹ 3,26,684₹ 4,07,69,146
Jul₹ 10,41,210₹ 7,20,153₹ 3,21,057₹ 4,00,48,994
Aug₹ 10,41,210₹ 7,25,824₹ 3,15,386₹ 3,93,23,170
Sep₹ 10,41,210₹ 7,31,540₹ 3,09,670₹ 3,85,91,630
Oct₹ 10,41,210₹ 7,37,301₹ 3,03,909₹ 3,78,54,329
Nov₹ 10,41,210₹ 7,43,107₹ 2,98,103₹ 3,71,11,222
Dec₹ 10,41,210₹ 7,48,959₹ 2,92,251₹ 3,63,62,263
2037 ₹ 1,24,94,520 ₹ 94,61,101 ₹ 30,33,413 ₹ 2,69,01,160
Jan₹ 10,41,210₹ 7,54,857₹ 2,86,353₹ 3,56,07,407
Feb₹ 10,41,210₹ 7,60,801₹ 2,80,408₹ 3,48,46,605
Mar₹ 10,41,210₹ 7,66,793₹ 2,74,417₹ 3,40,79,812
Apr₹ 10,41,210₹ 7,72,831₹ 2,68,379₹ 3,33,06,981
May₹ 10,41,210₹ 7,78,917₹ 2,62,292₹ 3,25,28,064
Jun₹ 10,41,210₹ 7,85,051₹ 2,56,159₹ 3,17,43,013
Jul₹ 10,41,210₹ 7,91,233₹ 2,49,976₹ 3,09,51,779
Aug₹ 10,41,210₹ 7,97,464₹ 2,43,745₹ 3,01,54,315
Sep₹ 10,41,210₹ 8,03,744₹ 2,37,465₹ 2,93,50,570
Oct₹ 10,41,210₹ 8,10,074₹ 2,31,136₹ 2,85,40,496
Nov₹ 10,41,210₹ 8,16,453₹ 2,24,756₹ 2,77,24,043
Dec₹ 10,41,210₹ 8,22,883₹ 2,18,327₹ 2,69,01,160
2038 ₹ 1,24,94,520 ₹ 1,03,94,935 ₹ 20,99,580 ₹ 1,65,06,223
Jan₹ 10,41,210₹ 8,29,363₹ 2,11,847₹ 2,60,71,797
Feb₹ 10,41,210₹ 8,35,894₹ 2,05,315₹ 2,52,35,903
Mar₹ 10,41,210₹ 8,42,477₹ 1,98,733₹ 2,43,93,426
Apr₹ 10,41,210₹ 8,49,111₹ 1,92,098₹ 2,35,44,314
May₹ 10,41,210₹ 8,55,798₹ 1,85,411₹ 2,26,88,516
Jun₹ 10,41,210₹ 8,62,538₹ 1,78,672₹ 2,18,25,978
Jul₹ 10,41,210₹ 8,69,330₹ 1,71,880₹ 2,09,56,648
Aug₹ 10,41,210₹ 8,76,176₹ 1,65,034₹ 2,00,80,472
Sep₹ 10,41,210₹ 8,83,076₹ 1,58,134₹ 1,91,97,396
Oct₹ 10,41,210₹ 8,90,030₹ 1,51,179₹ 1,83,07,366
Nov₹ 10,41,210₹ 8,97,039₹ 1,44,171₹ 1,74,10,327
Dec₹ 10,41,210₹ 9,04,103₹ 1,37,106₹ 1,65,06,223
2039 ₹ 1,24,94,520 ₹ 1,14,20,942 ₹ 10,73,576 ₹ 50,85,281
Jan₹ 10,41,210₹ 9,11,223₹ 1,29,987₹ 1,55,95,000
Feb₹ 10,41,210₹ 9,18,399₹ 1,22,811₹ 1,46,76,601
Mar₹ 10,41,210₹ 9,25,631₹ 1,15,578₹ 1,37,50,970
Apr₹ 10,41,210₹ 9,32,921₹ 1,08,289₹ 1,28,18,049
May₹ 10,41,210₹ 9,40,268₹ 1,00,942₹ 1,18,77,781
Jun₹ 10,41,210₹ 9,47,672₹ 93,538₹ 1,09,30,109
Jul₹ 10,41,210₹ 9,55,135₹ 86,075₹ 99,74,974
Aug₹ 10,41,210₹ 9,62,657₹ 78,553₹ 90,12,317
Sep₹ 10,41,210₹ 9,70,238₹ 70,972₹ 80,42,079
Oct₹ 10,41,210₹ 9,77,878₹ 63,331₹ 70,64,201
Nov₹ 10,41,210₹ 9,85,579₹ 55,631₹ 60,78,622
Dec₹ 10,41,210₹ 9,93,341₹ 47,869₹ 50,85,281
2040 ₹ 52,06,050 ₹ 50,85,280 ₹ 1,20,767 ₹ 0
Jan₹ 10,41,210₹ 10,01,163₹ 40,047₹ 40,84,118
Feb₹ 10,41,210₹ 10,09,047₹ 32,162₹ 30,75,071
Mar₹ 10,41,210₹ 10,16,994₹ 24,216₹ 20,58,077
Apr₹ 10,41,210₹ 10,25,002₹ 16,207₹ 10,33,075
May₹ 10,41,210₹ 10,33,074₹ 8,135₹ 0

Features and Benefits

The following are some of the characteristics and advantages you can get when you opt for this facility:

Ample Funding

You can get a loan ranging between 10 Lakhs and 15 Cr

Competitive Rates

The interest rates are affordable and start at 9.45% p.a., making your repayments hassle-free

Flexible Repayment

Enjoy flexible repayment tenure options ranging between 1 year and 15 years

Easy Availability

You can easily opt for an LIC HFL Loan Against Property online effortlessly

No End-use Restrictions

You can use the loan for various purposes, including education, property purchase, or business expansion

Eligibility Criteria and Documents Required

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

How to Apply

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

Loan Against Property

Disclaimer

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.

FAQs

What is the processing fee on the LIC HFL loan against property?

The processing fee for a Loan Against Property from LIC HFL is 1% of the loan amount with applicable charges.

Can I get an LIC HFL LAP for a property located in a rural area?

Yes, LIC HFL only requires the property’s age to be not more than 35 years.

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