Are you planning to buy a home anytime quickly? Then Life Insurance Corporation (LIC) is offering home loans at an annual interest price of 6.90 %.
LIC is providing a lot of advantages to home loan debtors like on-line Home loan sanction facility, easy documentation, most tenure of 30 years or attainment of 60 years whichever is earlier, no prepayment penalty, stability switch of current Home Loans attainable.Â
The salaried {and professional} class shall be required to pay an annual interest price from 6.90 % to 7.50 % for borrowing up to Rs 50 lakh of the home loan relying upon the CIBIL rating.
The non-salaried and non-professional class shall be requested to pay an annual interest price from 7.00 % to 7.60 % for borrowing up to Rs 50 lakh of the home loan relying upon the CIBIL rating.
For greater than Rs 50 lakh and fewer than Rs 1 crore, salaried {and professional} class want to pay an annual interest price of 6.90 % to 7.70 % relying on CIBIL rating.
Non-salaried and non-professional class borrowing greater than Rs 50 lakh and up to Rs 1 crore of the home loan want to pay an annual interest price of seven.00 % to 7.80 % relying on CIBIL rating.
For a home loan between Rs 1 crore and three crore, Salaried {and professional} class are required to pay an interest price between 6.90 % and seven.70 % relying on CIBIL rating.
Salaried {and professional} class taking home loan greater than Rs 1 crore and up to Rs 3 crore are required to pay an interest price between 7.00 % and seven.80 % relying on CIBIL rating.
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