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Disclaimer: LIC Housing Finance is not a Paisabazaar partner for loan against property and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to LIC Housing Finance for loan against property. No offers/services from LIC Housing Finance are being provided by Paisabazaar for loan against property. For further information about LIC Housing Finance for loan against property, users are required to reach out directly to LIC Housing Finance.
| LIC Housing Finance LAP Highlights | |
| Interest Rate | 9.70%-12.85% p.a. |
| Loan Amount | Rs 2 lakh onwards |
| Tenure | Up to 15 years |
| Processing Fee | 1% of the loan amount |
Note: Rates as of 25 August 2025
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Table of Contents
LIC Housing Finance Loan Against Property Interest Rates
LIC Housing Finance offers LAP interest rates starting from 9.70% p.a. onwards based on the loan type, loan amount and credit score of its LAP applicants. However, the HFC may also consider the occupation profile, employer’s profile, loan tenure, etc. of its applicants, just like many lenders do while setting their Loan Against Property interest rates.
Loan Amount of up to Rs 15 crore
| CIBIL Score |
Interest Rate (p.a.)
|
| CIBIL >= 750 |
9.70%
|
| 750 > CIBIL >= 700 |
10.30%
|
| 700 > CIBIL >= 600 |
11.55%
|
Lease Rental Discounting
Loan Amount up to Rs 5 crore
| CIBIL >= 800 |
11.35%
|
| CIBIL >= 700 |
11.85%
|
| CIBIL >= 600 |
12.35%
|
Loan Amount above Rs 5 crore and up to Rs 20 crore
| Tenure | Interest Rate (p.a.) |
| CIBIL >= 800 | 11.85% |
| CIBIL >= 700 |
12.35%
|
| CIBIL >= 600 |
12.85%
|
Compare Interest Rates on Loan Against Property for Top Banks & HFCs
| Name of the Lender | Interest Rate (% p.a.) | |
| State Bank of India | 9.20-10.50 | Apply Now |
| Bank of Baroda | 10.85-18.35 | Apply Now |
| PNB Housing Finance | 9.25-15.00 | Apply Now |
| IDFC First Bank | 9.00-16.50 | Apply Now |
| HDFC Bank Limited | 9.50-11.00 | Apply Now |
| L&T Housing Finance | 9.50 onwards | Apply Now |
| LIC Housing Finance | 9.50-11.55 | Apply Now |
| Godrej Housing Finance | 9.75 onwards | Apply Now |
| ICICI Bank | 10.85-12.50 | Apply Now |
| Tata Capital | 9.00 onwards | Apply Now |
| Axis Bank | 10.50-10.95 | Apply Now |
| Punjab National Bank | 10.15-14.00 | Apply Now |
Apply for Loan Against Property at Attractive Interest Rates Click Here
Types of LIC Housing Finance Loan Against Property
Grih Vikas
- Purpose: Loan against residential properties for personal or business purposes such as child’s education or marriage, business expansion, purchase of another property, etc.
- Loan Amount: Rs 2 lakh onwards
- Tenure: Up to 15 years
- Processing Fee: 5% of loan amount
Lease Rental Discounting
Purpose: Loan against rental receipts obtained from rented properties
Apply for Loan Against Property at Attractive Interest Rates Click Here
Eligibility Criteria for LIC Housing Finance Loan Against Property
LIC Housing Finance offers LAPs to Indian residents only. Additionally, the HFC may also consider the credit score, age, monthly income, occupation profile, employer’s profile, etc. of its, just like many lenders do applicants while evaluating their Loan Against Property eligibility.