LIC Housing Finance Regular Home Loan
Primary Lending Institution:LIC Housing Finance Ltd. (LIC HFL)
Up to ₹15 Crore home loan at 8.40% – 9.25% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.
What is LIC Housing Finance Regular Home Loan?
Flagship mortgage product of India's premier housing finance institution promoted by Life Insurance Corporation of India.
Key Benefits & Features
One of India's largest HFC networks; competitive floating interest rates; up to 90% LTV on affordable housing; seamless customer portal.
Property & Project Eligibility Requirements
Approved residential flat, house, or builder floor with municipal sanction.
Borrower Eligibility Criteria
Salaried or self-employed applicants with verifiable income source.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.lichousing.com/home-loans with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for LIC Housing Finance Regular Home Loan?
The maximum repayment tenure offered for LIC Housing Finance Regular Home Loan is Up to 30 years, subject to borrower's age not exceeding 75 years at loan maturity.
What are the processing charges and prepayment rules for LIC Housing Finance Regular Home Loan?
The processing fee is 0.50% (Min ₹3,000, Max ₹15,000) + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for LIC Housing Finance Regular Home Loan?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does LIC Housing Finance Regular Home Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.