What are the eligibility criteria to avail LIC Housing Finance?

To avail a housing loan from LIC Housing Finance, you need to be at least 21 years of age. The upper age limit at the time of loan maturity for self-employed people is 70 years, and for salaried people it’s the retirement age. In addition to this, there are also income-related eligibility criteria.

What should be my income to secure a loan from LIC Housing Finance?

If you are a salaried person, your monthly income should be at least Rs. 25,000 if you live in a non-metro city and Rs. 35,000 if you live in a metro city. If you are self-employed, your annual profit after tax (PAT) should be at least Rs. 4 lakhs if you live in a non-metro city and Rs. 6 lakhs if you live in a metro city.

How much work experience is required for a loan from LIC Housing Finance?

LIC Housing Finance does not have any specific requirements regarding the work experience of the applicant.

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✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 8.50% Check Offer

LIC Housing Finance

LIC Housing Finance Limited was incorporated in 1989. Today, it is one of the largest and most trusted housing finance companies in India. LIC HFL offers loans to people from all walks of life, right from salaried people and pensioners to self-employed individuals and NRIs too. The company also offers a wide range of financing options, so no dream is too large to remain unfulfilled.

LIC Housing Finance went public in 1994, and its stocks are now actively traded on both the National Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE). If you are looking for affordable home loan interest rates, look no further than LIC Housing Finance Limited. And avail your loan through a hassle-free process on www.bajajfinservmarkets.in.

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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.