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LIC Housing Finance |
LIC Housing Finance was established on 19 June, 1989 under the provisions of the Companies Act 1956. It is regarded as one of the biggest housing finance company in India. It is the scheme introduced by Life Insurance of Corporation. It provides the home loan to the individuals for buying the houses. It has also more than 150 offices across the country. Their financial structure is strong. The advantages of applying for the loan in LIC Housing Finance are:
- It charges low interest rates.
- It is easy to apply. And they approve the loan quickly.
- It has a wider and larger network.
- It does not charge any hidden costs.
- It provides an insurance linked security.
LIC Housing Finance Limited
LIC Housing Finance Limited is one of the oldest company which provides the loan to the people in order to meet up the demands of the residential projects. In order to apply for the home loans in LIC housing finance, the two prerequisites for obtaining the loan are stable job and regular income. It provides the home loan scheme for buying the residential houses.
The mode of payment for the home loan is Equated Monthly Instalment (EMI). EMI includes the principal amount and also the interest rate on the loans. The information regarding loan eligibility calculator, interest rates, customer care number, fixed deposit, online payment, annual report and offices are available on the website to help the people. It also provides the home loan to the residents of India as well as to the NRI's. It offers the home loan in all the parts of India. Such areas include Bangalore, Chennai, Pune, Delhi, Hyderabad and Dehradun.
LIC Home Loan Rates
LIC Home Loan Rates are the central issue. Most of the people would be looking for the interest rates charged by LIC. The loan amount is decided by the LIC Housing Finance depending upon the repayment capacity of the individual. It also takes into account the age, assets, liabilities, income, dependents and savings. In order to apply for the loans, the security they took is the mortgage of the property. The application forms are to be filled in order to apply for the home loans. It grants home loan to the individuals in the following cases:
- To purchase the plots or houses.
- Construction of the plots.
- Renovation of the houses.
- Extension of the plots
- Repair work of the houses.
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We are providing here the LIC Housing Finance EMI Calculator to help the people.
LIC Housing Finance Limited
2nd Floor, Bombay Life Building
45/47, Veer Nariman Road
Fort, Mumbai - 400 001
Phone No.: (91) (22) 2204 9799, 2204 9919, 2204 9682, 2204 0006, 2282 5968, 2283 3549, 2283 1361, 2283 8569
Fax: (91) (22) 2204 9839
Email: lichousing@lichousing.com
Website: www.lichfl.com
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