LIC Apna Office -2 Loans | Eligibility | Documents | Interest Rates

LIC Professional Loans for Apna Office 2 Scheme: Get Details on Eligibility, Documents, EMI, Offers on Apna Office 2 Scheme of LiC housing finance.

Home Loan applications received for rupees ₹ 419,027 crores till 13 April 2021

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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.

Apna Office -2

(Loans to Professional)

Purpose : Finance to Professional for Purchase / Extension / Modification /Renovation of premises for carrying on their own Professional Practice & Purchase of Equipment.
Eligibility : Resident Indian Professionals. Loans can also be Sanctioned to Company or Partnership firm of such Professional.
Loan Amount : Min Rs. 50,00,000.
Loan Term : Maximum 10 Years.
Repayment Mode : Equated Monthly Installments (EMI) – Monthly Rest.
Security : 1. Equitable/ Registered Mortgage of the Premise for which the Loan is raised.

2. Demand Promissory Note.

3. Personal Guarantee of Directors / Partners, as Applicable.

4. In case of Companies, Registration of Charges in R.O.C.

Addl. Security : Hypothecation of Equipment, if financed
Front End Charges : 1% of  Loan Amount +  Service Tax, as applicable
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Aadhar Home loan N.A