Win Assured Cashback
Competitive Interest Rates
Starting 7.10% p.a.
Handpicked Home Loan Offers
Offers from 25+ Banks & HFCs
Dedicated Customer Support
Expert Assistance at Every Step
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required
15.6L Reviews
15.6L Reviews
Competitive Interest Rates
Starting 7.10% p.a.
Handpicked Home Loan Offers
Offers from 25+ Banks & HFCs
Dedicated Customer Support
Expert Assistance at Every Step
Transfer Balance & Get a Top-Up Easily
Additional Funds when Required
Compare & Choose the Best Offer
Curated Offers from Multiple Lenders
Highest Loan Approval Chances
Easy & Transparent Borrowing Process
Get up to ₹5 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
| LIC Home Loan Interest Rate | 7.15% p.a. onwards |
| Loan Amount (LTV Ratio) | 90% of the property value |
| Tenure | Up to 30 years |
| Processing Charges | 0.25% of the loan amount (Min. Rs 5,000 to Max. Rs 50,000) |
| NIL processing fees for home loans up to Rs 20 crore for women borrowers |
Note: Last updated on 1st January 2026
LIC home loan interest rates start from 7.15% p.a. The lender offers differentiated home loan interest rates based on the CIBIL score, loan amount, occupation profile and type of home loan scheme offered by LIC Housing Finance.
Also Check: Check Home Loan Interest Rates of all Banks & HFCs
The processing fees for various types of LIC home loan schemes such as Griha Prakash, Griha Shobha, Griha Bhoomi, Griha Suvidha, Griha Suvidha Asha, Advantage Plus (Housing loan component), and New Face Lift are given below:-
| Loan Slab | Processing fee |
|---|---|
| Up to Rs 1 crore | 0.25% of the loan amount (maximum Rs 15,000) |
| Above Rs 1 crore and up to Rs 2 crore | Rs 20,000 |
| Above Rs 2 crore and up to Rs 5 crore | Rs 25,000 |
| Above Rs 5 crore and up to Rs 15 crore | Rs 50,000 |
| Up to Rs 20 crore for women borrowers | NIL |
*Minimum Processing Fees of Rs 5,000
| Service | Charges |
|---|---|
| Prepayment Charges | – Under floating rates- NIL– Under fixed rates- NIL, if paid through own sources, else 2% on prepaid loan amount |
| Penal Charges | 1.50% per month on the defaulted instalments up to and inclusive of 12 months default and 1.75% per month on the defaulted/delayed instalment beyond 12 months default |
| Document retrieval charges | Rs 2,500 |
| Providing document list | Rs 500 |
| Photocopies of title documents | Rs 1,000 |
| Cheque bounce charges | Rs 350 |
| ECS/NACH dishonour charges | Rs 200 |
Stated below are various types of LIC Housing Finance home loan schemes:-
Purpose: LIC Housing Finance offers regular home loans to resident Indians for purchasing under-construction properties, ready to move in homes and construction of new houses.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: LIC Housing Finance offers Home Loan for Pensioners to employees of State/ Central Government, PSU insurers, PSUs and Nationalized Banks eligible for pension under Defined Benefit Pension Scheme.
Tenure: Up to 30 years, or up to 80 years of age of the applicant, whichever is earlier
Purpose: LIC Housing Finance Griha Suvidha scheme is a home loan scheme backed by Mortgage Guarantee, where age and type of income does not matter. This home loan scheme is offered to applicants receiving part of their salary through cash or those requiring extended loan tenures due to their nearing retirement age. This loan scheme is also available to self-employed applicants requiring extended loan tenure.
Tenure: Up to 30 years
Purpose: Consumers can avail LIC HFL Plot Loan for the purchase of residential plot from statutory authorities such as government bodies, development authorities and approved layout. The lender also offers Composite Loans to its applicants for plot purchase and home construction provided the construction is completed within 3 years from the date of plot purchase.
Tenure:
LTV Ratio
Purpose: LIC Housing Finance offers Home Construction Loan to existing as well as new home loan borrowers to fulfil their financial requirements for home construction purposes.
Tenure:
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: Applicants can avail Home Extension Loan from LIC Housing Finance for carrying out extension or addition of space to existing properties.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: LIC Housing Finance offers Home Renovation Loan or Home Improvement Loan for improvement and renovation of existing property of its applicants.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: LIC Housing Finance offers Top-up Home Loan to its existing home loan borrowers over and above their existing home loans to finance their personal needs.
Purpose: Existing home loan borrowers of other banks and HFCs can avail LIC HFL Home Loan Balance Transfer facility to transfer their existing home loans to LIC Home Loan at lower interest rates.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: Existing home loan borrowers of other banks and HFCs can avail LIC Housing Finance Advantage Plus Home Loan scheme to transfer their existing home loans to LIC HFL at lower interest rates.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
Purpose: NRIs aspiring to own houses in India can avail LIC Housing Home Loan for NRIs to finance the purchase of under-construction or ready to move in properties and construction of own house. NRIs can also avail Plot Loans and Home Renovation Loan, Home Improvement Loan, Home Loan Balance Transfer facility and Top-up Home Loans from LIC Housing Finance.
Tenure: Up to 30 years
LTV Ratio:
| Particulars | Details |
|---|---|
| Loan amount up to Rs 30 lakh | 90% of property value |
| Loan amount above Rs 30 lakh-Rs 75 lakh | 80% of property value |
| Loan amount above Rs 75 lakh | 75% of property value |
In order to avail the LIC home loan, applicants need to furnish a good credit score. Higher the score, lower can be the interest rate offered against the loan. Applicants can check their credit score before applying for the loan to be aware of the eligible interest rates offered against the loan.
LIC Housing Finance has set its home loan eligibility criteria based on the following factors.
Applicants who get part of their salary in cash
In addition to the above-mentioned LIC Home Loan eligibility criteria, the lender may also consider the credit score of its applicants while evaluating their home loan eligibility, just like other lenders do.
Stated below are the home loan documents required by LIC Housing Finance during loan application process:
Existing home loan borrowers of LIC Housing Finance shall log in to “Customer Portal” on the official website of the HFC to manage and review transactions and to get access to their loan details.
They can also click on “May I assist You?” option on Customer Portal, in case of any difficulties in the login procedure. The borrower can visit the “Write to us” section on the website and fill the necessary details for any service enquiry or grievance.
Click on LIC Home Loan Customer Care/Grievance Matrix to know more about the customer care and grievance redressal process of LIC HFL Home Loan.
Existing borrowers can login to the customer portal through the official website of LIC Housing Finance by entering the loan account number and date of birth or by entering their ID and password. They can also login to their home loan account through LIC Home Loan mobile app, HOMY.
Steps to login to LIC Home Loan account through the official website:
Get up to ₹5 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
Prospective home loan applicants can apply for LIC Home loans directly through the official website of LIC Housing Finance or by visiting HFC branches. Applicants can also apply for Home Loan through Paisabazaar.
LIC Housing Finance considers various factors such as age, credit score, monthly income, occupation profile and co-applicants while evaluating the home loan eligibility of its applicants. For more details regarding the eligibility criteria of various LIC HFL Home Loan schemes, click here.
Applicants need to provide ID proof, address proof, income proof and property documents while applying for LIC Home Loan. You can click here to know about LIC HFL Home Loan documents in detail.
LIC Housing Finance has not mentioned the maximum loan amount it offers to its home loan applicants. However, the maximum loan amount availed would depend on the maximum LTV ratio, loan tenure, EMI/NMI ratio and repayment capacity of the home loan applicants.
LIC Housing Finance charges a processing fee of 0.25% of loan amount for minimum amount of Rs 5,000 to a maximum of Rs 50,000.
Applicants can check LIC Home Loan status through the official website of LIC Housing Finance or by visiting LIC Home Loan branches. They can also call on the customer care number through existing customer portal or whatsapp on 8369998182 to enquire about their home loan status.
You can top-up your home loan directly through the official website of LIC Housing Finance or by visiting its branches. In case the lender does not offer top-up home loans, you can transfer your home loans to other lenders and avail top-up loans on them. Alternatively, you can also visit online financial marketplaces like Paisabazaar.com to transfer your home loans and avail top-ups on them.
LIC Housing Finance offers home loans at floating interest rates. Therefore, it does not charge any foreclosure fees from the applicants.
No, there are no restrictions on prepayment of LIC HFL Home Loan. The HFC does not levy any prepayment charges on home loans.
LIC Housing Finance has not set any cut-off credit score for home loan applicants. The LIC HFC also offers home loans to ‘new to credit’ applicants i.e. those who have never availed any loan or credit card in the past. However, the HFC has set lower interest rates for home loan applicants having higher credit scores, and higher interest rates for applicants having lower credit scores.
In case of joint home loans, LIC Housing Finance will consider the credit score of the applicant having the highest credit score.
Home loan borrowers of LIC Housing Finance can reduce their interest rates by paying a conversion fees of Rs.3,000 – Rs.10,000 depending on the loan amount. In case the lender does not change the home loan interest rates, borrowers can opt for home loan balance transfer facility wherein they can transfer their home loans to other lenders offering lower interest rates.
Applicants receiving part of their salary through cash can apply for Griha Suvidha Home Loan from LIC Housing Finance. However, such salaried applicants should be receiving at least 70% of their salary through banking channels.
LIC Housing Finance has not mentioned the methods to pay their home loan EMIs online. However, home loan borrowers usually pay their EMIs online through ECS or Standing Instructions where the EMI amount is deducted from their bank account.
Existing home loan borrowers of other banks and HFCs can transfer their home loans to LIC Housing Finance directly through the official website of the HFC. They can also visit HFC branches to transfer their home loans. Alternatively, such borrowers can also visit online financial marketplaces like Paisabazaar.com to transfer their existing home loans to LIC Housing Finance.
While LIC Housing Finance has not disclosed the turnaround time taken for its home loan approval process, the lender provides quick home loan sanction in its website. Lenders take 2 to 3 weeks or even more in some cases to approve home loan applications.
LIC Home Loan provisional certificate provides the complete details of the principal and interest components of your repayments for the current financial year. A home loan provisional certificate contains the borrower’s details, home loan account number, EMI dates, loan repayment details, home loan interest rate information, principal adjustments, payment updates, missed payments and part-payment details.
You can download LIC Home Loan statement either through the official website of LIC Housing Finance or through its mobile app, HOMY. You can also visit LIC Housing Finance branch to get your home loan statement.
Home loan borrowers can pay their LIC Home Loan online through the official website of LIC Housing Finance or through its LIC Home Loan app, HOMY.
LIC Home Loan borrowers can avail the yearly repayment certificate, get details their of PDCs/ECS, fetch disbursement details, check their repayment schedule for the next one year, make online payment of missed EMIs and submit their queries/ grievances through the LIC Home Loan portal.
LIC Housing Finance allows its existing home loan borrowers to close their existing home loans from their funds only. It does not allow its home loan borrowers to close their home loans through funds sourced from third parties. Once the HFC receives the payment for home loan closure, a system generated message is sent to the borrower’s registered mobile number to schedule an appointment for releasing home loan related documents. The lender then intimates its home loan borrower about the date, time and the list of documents to carry for document collection. The original title documents are returned to the borrower from the branch where the loan was serviced and only if all borrowers (in case of joint home loans) are present at the location of the document release.
LIC home loan borrowers can visit the branches of LIC Housing Finance to pay an extra EMI or make a prepayment.
LIC has not disclosed any special interest rates for its female home loan applicants. The final interest rates offered to such applicants would range between 8.00% to 10.50% p.a. depending on their occupation, credit score, monthly income and other facets of their credit profile.
The interest rates of LIC Housing Finance Top Up Home Loan range between 9.35% to 11.55% p.a.
Borrowers can download their LIC Home Loan Interest Certificates by visiting the LIC Customer portal. Alternatively, they can also (customer.lichousing.com/login) visit LIC HFL branches to obtain their home loan interest certificates.
LIC HFL has not specified any turnaround time for processing or disbursing home loans. However, lenders usually take 1 to 2 weeks to process home loan applications depending on the credit profile of the applicant, the loan approval process of lenders, etc.
Joint Home Loan Benefits
Factors to consider while availing joint home loan
Top 5 Reasons for Home Loans Rejections
Home Loan Overdraft Facility: Benefits and Drawbacks Explained
Home Loan Processing Fees and Charges
Home Loans: Floating vs Fixed Interest Rates
Missed home loan EMI? What will be the consequences?
3 Tips to Help You Close Your Home Loan Early
Loan-to-Value (LTV) Ratio: Meaning, Importance and Calculation
SBI Realty Home Loan: Interest rates, Eligibility, Documents, Fees & Charges
Time saving process
Kam rates pe loan mila
eligibility check ho jati hai free
Home loan mila yaahaan par
Home loan here
Got the best home loan interest rate
Excellent Home Loan Service by Paisabazaar
Had a great experience with Paisabazaar
quick and easy home loan process
Satisfied experience with Paisabazaar
Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
*Applicable for selected customers
Check Handpicked Home Loan Offers
At Affordable Rates
Lowest interest rates starting from 7.1%
