LIC Housing New Bhagyalaxmi Plus Home Loan | Interest Rates | Documents

LIC Bhagyalakshmi Home Loan: LIC Housing Finance announced the launch of a new home loan product “Bhagyalakshmi” for women home seekers. Aimed at catering to the needs of a growing number of women home seekers, this product is available to women applicants who are the sole owner of the property or the first owner in a jointly owned property.

Home Loan applications received for rupees ₹ 419,027 crores till 20 April 2024

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120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

New Bhagyalaxmi Plus Home Loans:

Exclusive home loan product for women borrowers.

Fixed rate of interest for first 2 years.

0.25% additional rebate for the entire loan tenure.

Bhagyalaxmi Plus:

  • Fixed rate of interest for first 2 years.
  • Rate of interest 10.35% for loans up to Rs 75 lakh

New Fixed 10:

  • Fixed interest rates for 10 years, out of which first 5 years would carry a rate of 11.50%, for loans up to Rs 75 lakh

 

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Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.60% - 9.65%
HDFC Bank 8.50% - 9.40%
ICICI Bank 9.00% - 9.10%
LIC Housing Finance8.50% - 10.50%
PNB Housing 8.50% - 11.95%
Axis Bank 8.75% - 9.15%
Bank of Baroda 9.15% - 10.50%
Canara Bank 8.90 %- 11.25%
Aadhar Home loan N.A