LIC Home Loan Interest Rate is 6.90% p.a. Onwards. LIC Housing Finance is a well-known financial body, helping millions of subjects who seek housing finance for their home needs. The financial body has three major streams to provide housing finance to the public. They are Residential, Non-Residential and Pensioners.
LIC Home Loan Interest Rate 2020
Details | Employed | Self-Employed | Pensioner |
Interest Rate | 6.50% onwards | 6.90% onwards | 6.90% onwards |
Age | 18-60 Years | 18-60 Years | 50+ |
Tenure | 30 Years | 25 Years | 15 Years or 70 Years Old |
Loan Amount | 10 Lakhs-5 Crs | 10 Lakhs-5 Crs | Negotiable |
Experience | 2 Years | 3 Years | – |
LTV Ratio | 75-85% | 75-85% | 75-85% |
Processing Fee | 0.50% | 0.50% | 0.50% |
Taxes | GST+2.50% | GST+2.50% | – |
Check: LIC Home Loans for NRIs