LIC Housing Loan
Home loans are something which allows ones to complete their dreams to buy own house and to select correct method with correct Rate of interest is very important.
LIC Housing Finance Limited(LICHFL) is the largest housing finance loan company in India.The corporate office of LICHFL at Mumbai.
LIC Housing Finance affordable home loan of Ru 1Lakh to 5Cr.Loan starting at 8.10% interest rate. It made our Home Loan process simple and transparent.
It offers multiple home loan options:
1. Salaried
2. Self-employed
3. Pensioners
LIC Home Loan Features:
Low home loan interest rates starting from 8.10% p.a.
No prepayment charges on floating rate home loans.
Top-up loan facility for existing home loan customers.
Advantages of LIC :
1. High Loan Coverage.
2. Quick Loan Approval.
3. It is easy for a non-financial person to get overwhelmed.
4. There are cases where banks won’t give a home loan at all but LIC HFL would and there are cases the loan is better at LIC HFL.
5. Offer a higher loan quantum.
Disadvantages of LIC :
1. Normally, interest rates offered on home loans are higher as compared to interest rates offered by banks.
2.HFCs do not offer an overdraft facility.
3.Volatile Interest Rate Movement.
For More details,
Kindly visit our website: https://www.horizonfp.com/lic-home-loan/
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