LIC Home Loan EMI Calculator 2018 – Calculate Eligibility Online

LIC Home Loan EMI Calculator – Calculate EMI amount which you have to pay every month for home loan within a minute. LIC Housing MCLR, Base rate, PLR Rates 2018. LIC Housing Finance launched New Scheme for Govt. Employees with the name of “MY CHOICE” in which Interest Rates starts from 8.85% and Processing Fees are Rs.1000/- plus taxes.

Home Loan applications received for rupees ₹ 419,027 crores till 16 December 2018


Loan Amount

Annual Income


54,02,013 loan quotes taken till now.
  • 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @
  • As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online.

LIC Home Loan EMI Calculator

LIC home EMI calculator helps your to know how much emi per month you have to pay for the loan amount which you are going to take from bank for the purchase of your home.

Steps to calculate EMI:

1. Enter your loan amount
2. Enter Interest rate
3. Enter loan tenure or repayment period.
4. After submit all the information – click on Calculate

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

LIC Home Loan Interest Rates Oct 2018

LHPLR for Retail Loans : 14.60%

ROI 8.80%
Lowest EMI Rs.794/lac
Repayment 30 Years
Min. Loan Amount 1 lakh

LIC Home Loan Eligibility:

You can calculate your lic home loan eligibility on the basis of your monthly income and expenses.
Factors which effects your home loan eligibility

If your monthly income is Rs.44000/-. It means your eligibility for home loan will be around Rs.25-26 lakhs on the basis of current interest rates.
✓ EMI limited to about 50% of monthly income (If your income is 25000 per month than you are eligible for upto 12500 per month emi)
✓ EMIs of other loans lower your eligibility. (like – LIC premium, Insurance premium, other loans, car, personal, business)
✓ Insurance policies premium lower your eligibility.
✓ More No. of dependents lower your eligibility.

Increase your eligible Home Loan amount by these steps
✓ Make your spouse a co-applicant,and her income will add to your eligibility & enhance your loan amount
✓ Choose longer tenure loan up to 30 years for get more loan amount
✓ Alternatively add your parents if they earns.
You can also apply for LIC home loan Online InstantlyClick Here
Most number of search queries coming for LIC home loan from – Tamilnadu, Karnataka, Maharashra, uttar pradesh, West bengal, Andhra pradesh & delhi region.
Top cities – Chinchwad, hyderabad, Bangalore, Mumbai, chennai & Pune.

Here’s the default emi calculation – you can check emi per loan amount @ 8.55% rate of interest for 20 years.

Note – Rate of interest is 8.35%.

Loan Amount EMI for 20 years
11 lakh 9581
12 lakh 10452
13 lakh 11323
14 lakh 12194
15 lakh 13065
16 lakh 13936
17 lakh 14807
18 lakh 15678
19 lakh 16549
20 lakh 17420
21 lakh 18291
22 lakh 19162
23 lakh 20033
24 lakh 20904
25 lakh 21775
28 lakh 24388
30 lakh 26130
32 lakh 27872
34 lakh 29614
35 lakh 30485

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