What is LIC Housing Finance interest rate?

LIC Housing Finance Limited (LICHFL) offers affordable home loan options ranging from Rs. 1 lakh to Rs. 15 crore at attractive interest rates starting from 6.90% p.a. and with flexible tenures going up to 30 years. The applicable processing fee is up to 0.50% of the loan amount plus GST depending.

Is Lichfl reducing interest rates?

Mortgage financier LIC Housing Finance on Friday said it has reduced its interest rates to 6.66 per cent for home loans up to Rs 50 lakh. The revised rates, valid till August 31, 2021, will be offered to new salaried individuals, a release said.

How can I check my HFL LIC status?

If you have applied for LIC Housing Finance home loan through BankBazaar, you can track your application status on the BankBazaar website too by clicking on ‘Track Application’ on the top right-hand corner of the site.

Is LIC home loan Fixed or floating?

LIC Housing Finance, the second biggest home finance company in India, is giving borrowers the option to convert their fixed rate loans into floating rate loans at the end of five years.

What is loan rewriting?

Rewrite means significantly changing the terms of an existing loan, including payment amounts, interest rates, amortization schedules, or its final maturity.

How do I prepay my LIC HFL loan?

The procedure for same is as given below:

  1. Login with user id and password on customer portal.
  2. Click on Pay Online.
  3. Select Loan Account and click on “Get Dues”.
  4. Amount due as on date will be shown for the selected loan account.
  5. Click on Pay.
  6. Select the mode of communication.

Where can I find my LIC HFL loan number?

Loan number is usually present on the loan documents. Assuming you applied for LIC HFL, the papers which you must have received from the financial institution will have the loan account number. It is a 10-12 digit number. This should help you know how to find loan number in LIC housing.

How can I do prepayment in LIC HFL?

How to pay LIC HFL EMI online?

  1. Tap on ‘Pay Online’
  2. Choose Loan Account and tap on ‘Get Dues’
  3. The amount that needs to be paid will appear on the screen for the selected account.
  4. Tap on pay.
  5. Choose the mode of communication.
  6. Choose whether notification will be sent to the registered mobile number or email id.

Can I take 2 home loans?

How many home loans can you have? You can have as many home loans in India as you need, as there is no law barring you from servicing only one home loan at a time. If you want to purchase, say, 5 properties at once, you can take 5 different home loans from 5 different lenders.