LIC Home Loan EMI Calculator 2020 – 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 2020. LIC Housing Finance launched New Scheme for Govt. Employees with the name of “MY CHOICE” in which Interest Rates starts from 8.10% and Processing Fees are Rs.1000/- plus taxes.

Latest Update as on 27 March 2020: No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.

Home Loan applications received for rupees ₹ 419,027 crores till 31 March 2020

Apply for Home Loan & Check your CIBIL score absolutely FREE.

Loan Amount

Annual Income


120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 7.90% for women, 7.95% for Others.

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 March 2020

ROI 8.10% – 8.95%
Lowest EMI Per Lakh Rs.752 – Rs.808
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 @ 8.80% rate of interest for 20 years.

Note – Rate of interest is 8.80%.

Loan Amount EMI for 20 years
11 lakh 9861
12 lakh 10758
13 lakh 11655
14 lakh 12551
15 lakh 13448
16 lakh 14344
17 lakh 15241
18 lakh 16137
19 lakh 17034
20 lakh 17930
21 lakh 18827
22 lakh 19723
23 lakh 20620
24 lakh 21516
25 lakh 22413
28 lakh 25102
30 lakh 26895
32 lakh 28688
34 lakh 30481
35 lakh 31378

Other Retail Products of LIC Housing In India

Other Banks Calculators in India

HDFC Home Loan EMI Calculator
SBI Home Loan Calculator
ICICI Home Loan Calculator
PMAY Housing Loan EMI Calculator
Home Loan Balance Transfer Calculator
Citibank Home Loan EMI Calculator

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Top Banks for Home Loans in India
Banks Interest Rates
SBI Home Loan 7.90 - 8.45%
HDFC Ltd Home Loan 8.00 - 8.45%
ICICI Bank Home Loan 8.25 - 8.70%
LIC Housing Home Loan 8.10 - 8.95%
DHFL Home Loan 9.75%
Axis Bank Home Loan 8.55% - 9.20%
Bank of Baroda Home Loan 8.15% - 9.15%
Canara Bank Home Loan 8.10 - 8.55%
Aadhar Home loan N.A