LIC Loan Against Property – Interest Rates 2023, EMI Details

LIC Property Loan (LAP) – Get Quotes on loan amount ✓ Interest rates ✓ loan tenure period. Eligibility, Processing Fees, Charges, Status Documents Online.

LIC Loan against property Details

Interest Rates 9.10% – 10.95%
Min. Loan Amount 2 Lakh
Repayment Period 15 Years
Processing Fees 1% +Service Tax
Pre Payment Charges N.A.
Minimum Income 12000 Per Month


Borrowers can take loan against property from LIC housing for Child Education / Marriage / Renovation / Expansion of Business / Purchase of another property etc etc.


Get Free Instant Quotes on Rates, EMI & Eligibility on Loan Against Property

Professional Details

Get Free Instant Quotes on Rates, EMI & Eligibility on Loan Against Property

Loan Amount


Net Salary/Income (Yearly/ITR):


Interest Rates on Loan Against property is dependable on borrowers profile. For Interest rates you have to check with the bank at the time of apply for the loan. or Visit the bank branch.

LIC Loan against property EMI Calculator

Borrowers can use this calculator according to the need – Just enter required loan amount, Input Interest Rates & Tenure of loan and click calculate results shown within a seconds.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Here’s the example of 20 lakh of loan amount which is taken at 10% rate of interest for 15 years of period. So below are the calculations of the loan amount.

# Loan Amount = Rs. 20,00,000
# Monthly Installment (EMI) = Rs. 21,492
# Total Interest Amount = Rs. 18,68,578
# Total Amount (Principal + Interest) = Rs. 38,68,578

Other Available Products of LIC Housing in India

    LIC Home Loan
    LIC Housing Finance