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| LIC Housing Finance LAP Highlights | |
| Interest Rate | 9.25%-11.55% p.a. |
| Loan Amount | Rs 2 lakh onwards |
| Tenure | Up to 15 years |
| Processing Fee | 1% of the loan amount |
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Table of Contents
LIC Housing Finance Loan Against Property Interest Rates
LIC Housing Finance offers LAP interest rates starting from 9.25% 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.
Grih Vikas
Loan Amount of up to Rs 15 crore
| CIBIL Score | Interest Rate (p.a.) |
| 800 and above | 9.25% |
| 750-800 | 9.50% |
| 700-750 | 10.35% |
| 600-700 | 11.55% |
Grih Vikas (Banking Surrogate)
For Loan Amount of Rs 20 Lakh to Rs 5 Crore
| CIBIL Score | Interest Rate (p.a.) |
| 800 and above | 9.70% |
| 750-800 | 9.95% |
| 700-750 | 10.80% |
Lease Rental Discounting
For Individuals
Loan Amount up to Rs 15 crore
| CIBIL Score | Interest Rate (p.a.) |
| 750 and above | 9.65% |
| 700-750 | 10.00% |
For Non-Individuals
Loan Amount up to Rs 15 crore
| Tenure | Interest Rate (p.a.) |
| Up to 7 years | 10.00% |
| 7-12 years | 10.25% |
| 12-15 years | 10.75% |
My Office LAP
For Individuals
For Loan Amount of Rs 10 lakh to Rs 5 crore
| CIBIL Score | Interest Rate (p.a.) |
| 750 and above | 10.00% |
| 700-750 | 10.85% |
For Loan Amount of Above Rs 5 crore to Rs 15 crore
| CIBIL Score | Interest Rate (p.a.) |
| 750 and above | 10.00% |
| 700-750 | 11.10% |
For Non-Individuals
For Loan Amount of Rs 10 lakh to Rs 15 crore
| CIBIL Score | Interest Rate (p.a.) |
| NA | 11.00% |
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.