|Description of Charges||Amount|
|Interest Rate Range||8.95% - 9.15%|
|Processing Charge||Up to Rs. 1 crore - 0.25% loan amount, Max. Rs. 10,000 + GST, Above Rs. 1 crore & up to Rs.5 crores - 0.25% of loan amount, Max Rs. 25,000 + GST|
|Loan Amount||Up to 75% - 85% of value of the property|
|Tenure Range||30 years for salaried employee and 20 years for self employed|
|Upfront fee||applicable for time to time|
Application form with signature
Photo ID proof: Passport/ Driving License/ Aadhar Card/ PAN Card/ Voter ID/ Employee ID
For salaried employee, need to provide last 3 months salary slips.
The applicant need to submit a pension proof
For self employed, need to provide income tax returns or Form 16.
The self employed or bussiness people should provide educational certificate and business existence proof. And also show their last 3 months IT returns certificate with the income computation. They should also submit their last 3 years CA certified or audited balance sheet & profit and loss account.
Need to provide intent to sell or agreement to sell.
Need to provide original documents for verification purpose at the time of loan application.
Need to provide photograph of an application.
|LIC Housing Home Loan for Resident Indians||Open to all individuals who are residents in India|
|LIC Housing Home Loan for NRIs||Only available to salaried employees who hold an NRI (non-resident Indian) or PIO (person of Indian origin) status.|
|LIC Housing Home Loan for Pensioners (before retirement)||Available to the people whose age is 50 years or above and hold a pension scheme post retirement.|
|LIC Housing Home Loan for Pensioners (after retirement)||Available to the people who are pensioners drawing a pension which forms a stable source of income.|
To check the monthly EMI for your home loan, use our LIC housing home loan EMI calculator:
Low interest rates
Simple and secure application process
Best offers for good credit score people
Easy home loan balance transfer