NRIs who want to buy a home in India can choose from a wide range of home loans offered by LIC HFL. Any salaried employee with an NRI or PIO status is qualified for a house loan from LIC HFL. LIC housing loan interest rate for NRI varies with the CIBIL score and occupation type.
What is the LIC Home Loan Interest Rate for NRI?
| CIBIL Score | Occupation type | Loan Amount | LIC NRI home loan interest rate |
< 600 |
Salaried and professional |
Upto 50 Lakh |
10.00% |
700-749 |
Salaried and professional |
Up to 2 Cr. |
8.75% |
< 600 |
Nonsalaried and non-professional |
Upto 50 Lakh |
10.10% |
700-749 |
Non-salaried and non-professional |
Up to 2 Cr. |
8.85% |
These interest rates are floating. When considering joint candidates, the applicant with the higher CIBIL score will be given consideration. Also, the maximum repayment period is 30 years for salaried and 25 years for self employed
I hope this helps!
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What is LIC Housing loan Interest Rate for NRI?
Sahil
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8 months
2024-01-30T08:47:14+00:00 2024-01-30T08:47:14+00:00Comment
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