LIC Housing Finance’s big announcement, low interest rates on home loans, limited time benefits | LIC Housing Finance’s big announcement, lowering interest rates on home loans

LIC Housing Finance’s big announcement, low interest rates on home loans, limited time benefits | LIC Housing Finance’s big announcement, lowering interest rates on home loans

The scheme will be in force till August 31 and the first installment of the loan should be paid before September 30. The new interest rate on LIC Housing Finance home loans has come down to 6.66 per cent. (LIC Housing Finance’s big announcement, lowering interest rates on home loans)

LIC Housing Finance's big announcement, lower interest rates on home loans, will benefit for a limited period

LIC Housing Finance announces lower interest rates on home loans

New Delhi: LIC Housing Finance Limited has reduced interest rates on home loans. As a result, interest rates on loans up to Rs 50 lakh have been reduced permanently. However, the scheme will be in force till August 31 and the first installment of the loan should be paid before September 30. The new interest rate on LIC Housing Finance home loans has come down to 6.66 per cent. (LIC Housing Finance’s big announcement, lowering interest rates on home loans)

SBI offers lowest interest rate on home loan

SBI currently has the lowest interest rates on home loans. SBI’s minimum interest rate is 6.65 per cent. A statement issued by LIC said the new rates would be applied to new pay holders. This is the lowest rate offered by the company in the home loan segment. The revised rates will depend on the creditworthiness of the borrower, the statement said. For this, their CIBIL score will be the basis.

This is a step taken to improve sentiment

Y Vishwanath Gaur, Managing Director and Chief Executive Officer (CEO) of LIC Housing Finance, said, “Considering the nationwide impact of the Corona epidemic, we wanted to introduce a rate that would enable people to buy their dream home. We hope that these rate cuts will further boost consumer confidence and help revitalize the sector.

This feature is available on LIC HomY App

With 6.66 per cent, the housing finance company has offered the lowest rates on a maximum 30-year home loan, the statement said. People can apply for a home loan through the company’s LIC HomeY App and get approval online. Customers can check the status of their loan application without going to the LIC Housing Finance office, the statement said. (LIC Housing Finance’s big announcement, lowering interest rates on home loans)

Other news

Devendra Fadnavis | Inquiry into Jarandeshwar factory case directed by Mumbai High Court: Fadnavis

Evaluation process announced to prevent academic loss of students: Varsha Gaikwad


#LIC #Housing #Finances #big #announcement #interest #rates #home #loans #limited #time #benefits #LIC #Housing #Finances #big #announcement #lowering #interest #rates #home #loans

Leave a Comment