LIC Loan Against Commercial Property Interest Rates 2024

LIC housing finance has launched new product loan against commercial property, you can check all the details related to it like – Interest Rates, Documents List, Eligibility, Quantum of loan, Fees on Deal4loans.

Purpose of loan – Borrower can take  loan for all legal purposes.

Eligible Applicant – All Indian National are eligible, NRI’s are not eligible.

Minimum 50 Lakhs of loan amount available.

60% loan to value ration as per GLV.

Processing Fees starts from 1% + GST.

Term of loan / Repayment = 10 – 15 Years.

Security for loan against commercial property = Showroom, Office Space, Banquet Hall, Warehouse and Hospital Etc.