This Home Loan Scheme is Closed by Bank
LIC Housing Finance Freedom Home Loan – LIC HF New Home Loan Freedom, Check Eligibility, Documents, Interest Rates, Charges. LIC Housing Finance announced the launch of a new home loan product “Freedom”. This floating rate product is offered at the following rates of interest:- The Company’s current LHPLR stands at 13.75% For loans upto Rs 30 lacs: 9.90% (LHPLR minus 385 basis points) Loans above Rs 30 lacs & less than Rs 75 lacs: 10.35% (LHPLR minus 340 basis points) Loans of Rs 75 lacs upto Rs 150 lacs: 10.75%(LHPLR minus 300 basis points) Click For Apply Online Home Loans –
In this product, customers are also provided with a one-time option within one year of obtaining the loan to convert to a fixed rate for the next 5 years, subject to terms & conditions. The Company also announced withdrawal of the Advantage-5 product, which was launched in July 2010.