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Interest Rate

8.5%

Processing Fee

NIL

Tenure Range

5-30 years

Fees & Charges:

  • Preclosure fee - NIL 
  • Part Payment fee - NIL

Eligibility:

  • Age - 21-60 years
  • Nationality - Indian 

Features & Benefits:

  • Enjoy Part-payment facility
  • Customers can enjoy E-approval 
  • Easily balance transfer
  • No need for the guarantor

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 3 months salary slip 
  • Form 16 + Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months

Short description:

LIC HFL Bank Home Loan is fully equipped to cater all your basic needs as it lets you to do the part-payment facility with an ease and tireless E-approval and easy transfer facility and there is no need for the guarantor to get this loan.

Bank Description:

LIC is considered as one of the top competitors in the finance industry and was established in 1989 but went public in 1994. LIC Home loan is popularly known LIC HFL Home loan whose primary objective is to enable their customers to buy a home of their own.

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