LIC Housing Finance offers home loans at an attractive rate of interest to both salaried and self-employed applicants.
| Interest Rate (Monthly reducing balance) |
8.75% to 9.50% floating |
| Processing Fees | Higher of 1% of loan amount |
| Loan Tenure | 1 year to 20 years |
| Amount Funded | Up to 85% of property value |
| Partial Pre-payment Charges | Nil |
| Pre-closure Charges | 2% of pre-closed amount |
| Guarantor Requirement | No guarantor required |
