As far as I am aware, the LIC personal loan interest rate starts from 9% p.a. Now as per the borrower’s CREDIT score, eligibility and other aspects, this rate will rise. It is thus better that you check the rate on their official website or visit their branch for more information.
What is the Interest Rate of LIC Personal Loan?
The LIC personal loan interest starts from 9% p.a. Here are some more aspects of this loan:
This loan comes with a repayment tenure ranging up to 5 years
You can avail up to 90% of the policy’s surrender value
The prepayment and foreclosure charges are NIL here
So this is all about the personal loan lic interest rate that you must be aware of if you are planning to avail of a loan here.
Now the factors that influence or affect this rate are:
The borrower’s overall profile
His or her repayment ability
Income of the borrower
Nature of employment
Loan amount
Tenure and others
So for more detailed information, you can visit the
LIC Website
or one of its branches and ask an official about it.
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Hello, the LIC housing finance interest rate for salaried applicants starts at 8.40%, while the interest rates for non-salaried applicants starts at 8.50%. I have stated the information in a detailed manner below. So, read along to understand the interest rates at which home loan is being given by LIC.
What is the LIC Housing Loan Interest Rate?
Here are the interest rates for residents of India. I have bifurcated them based on credit scores and the occupation type. You will find the interest rates for different credit scores for salaried and professional applicants in the first table. The interest rates for the non-salaried and non-professional are mentioned in the second table.
| Credit Score | Occupation Type | Interest Rate |
>=750 |
Salaried and Professional |
8.40% up to 2 crores |
8.70% from 2 to 15 crores |
||
700-749 |
Salaried and Professional |
8.75% up to 2 crores |
8.95% from 2 to 15 crores |
||
600-699 |
Salaried and Professional |
9.55% up to 50 lakhs |
9.75% from 50 L to 2 crores |
||
9.90% from 2 to 15 crores |
| Credit Score | Occupation Type | Interest Rate |
>=750 |
Non-Salaried and Non-Professional |
8.50% up to 2 crores |
8.80% from 2 to 15 crores |
||
700-749 |
Non-Salaried and Non-Professional |
8.85% up to 2 crores |
9.05% from 2 to 15 crores |
||
600-699 |
Non-Salaried and Non-Professional |
9.65% up to 50 lakhs |
9.85% from 50 L to 2 crores |
||
10.00% from 2 to 15 crores |
So, there you have the LIC home loan interest rate 2023. I hope this will help you gain enough information related to the subject.
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Hi there,
LIC loan interest rate starts at 6.09% onwards. Since the loan type and amount vary the interest rate also varies. The loan interest rate depends on your CIBIL score as well. Let me provide you with a chart so that you can understand the LIC home loan interest rates.
Get loans from your preferred lender at the lowest interest rate| Schemes | Interest Rate for salaried | Interest Rate for Self-employed |
LIC HFL Home Loan |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Griha Varishtha |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Griha Suvidha |
7.15% p.a. - 7.95% p.a. |
7.25% p.a. - 8.05% p.a. |
LIC HFL Home Loan for NRI |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Home Construction Loan |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Home Extension Loan |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Home Renovation Loan |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Home Loan Top Up |
8.50% p.a. - 9.00% p.a. |
8.50% p.a. - 9.00% p.a. |
LIC HFL “Pay when you Stay” |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL 6 EMI Waiver |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
LIC HFL Advantage Plus |
6.90% p.a. - 7.80% p.a. |
7.00% p.a. - 7.90% p.a. |
Read more:
How to check LIC housing loan status?
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Authors Of The Question
What are the LIC Loan Interest Rates?
G.cnalaiah
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3 Answers
2 Year
2022-11-29T10:53:05+00:00 2023-11-09T21:23:55+00:00Comment
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