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As per the update on the website, LIC Housing Prime Lending Rate (LHPLR) is now at 15.80% effective from August 22, 2022.
LICHFL Home Loan Eligibility Max AgeSalaried: 50 Years; Self-employed: 75 YearsCredit ScoreMinimum 600Income30,000 p.m.NationalityResident and Non-resident IndianWork Experience2 Years
Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) is one of the largest Housing Finance Companies in India with a key objective of providing long term finance to individuals for the purchase or construction of house/flat for residential purposes in India.
LIC Housing Finance Ltd was incorporated on June 19 1989. The company was promoted by LIC of India and went public in the year 1994. The company is recognized by National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE) and its shares are traded only in Demat format.
Unsourced material may be challenged and removed. LIC Housing Finance Limited (LIC HFL) is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office at Mumbai. LIC HFL is a subsidiary company of LIC.
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How to get LIC HFL sanction letter? After logging in to your account, navigate to activities and select the 'Repayment Certificate' option. Select the loan account and financial year from the dropdown menu. To generate the sanction letter tap on ' Download Repay Certificate.
LIC Housing Finance increased its prime lending rate (LHPLR) by 60 basis points (bps). As per the official website, LHPLR is set at 15.30%. With this hike, effective 20 June, the new home loan interest rates will now start from 7.50%. The hike in the interest rate is in sync with the market scenario.
The procedure for same is as given below: Login with user id and password on customer portal. Click on Pay Online. Select Loan Account and click on \u201cGet Dues\u201d. Amount due as on date will be shown for the selected loan account. Click on Pay. Select the mode of communication.
LIC Housing Finance Limited (LICHFL) offers home loans starting from 8.00% p.a. onwards for tenures of up to 30 years.
Minimum CIBIL Score for LIC Home Loan A higher credit score increases your chances to get loan approval from LIC. However, a low CIBIL score reduces your chances to get a home loan. LIC requires a minimum credit score of 650 to be eligible for a home loan.

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