Table of Content
Loan principal –If borrowers prefer to opt for a higher loan amount, it results in a proportionate increase in the instalment amount too, and vice versa. Individuals can also alter the values of tenure and loan amount component to find out the best loan option for them. Online Premium Calculator, generate an instant illustration for Premium. For detailed documentation on how to verify the digital signature on the e-receipt, click here. Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! You can now have many of the functionalities that were available only at a branch office, online at your fingertips.
Home Renovation loans are available for existing as well as new customers. Home Improvement loans are available for existing as well as new customers. Loans are provided against purchase of residential plots for construction of home within period of 3 years. For more details on all Plot Loans provided by LIC HFL click here. Housing Loan is a stepping stone in realizing your dream home.
LIC Home Loans for Non-Resident Indian
Salaried employees, self-employed professionals and businessmen are also eligible to apply for LIC home loans. The details of cheques / ECS along with the status can be viewed from PDC / ECS option under activities by selecting the loan account no. Select the loan account and financial year from the drop down. On successful transaction the payment acknowledgement receipt will be given to user. The receipt of amount adjusted will be sent on your registered email id. I have registered for online payment of my EMI but today I am unable to pay it.
The payment gateway initiative is an important component of the offer. It provides for real-time payment of renewal premium-dues through the portal. This functionality is available only to registered customers who have enrolled their policies.
Salaried NRI/PIO Customers
Click on “Download Repay Certificate” to get the certificate downloaded. Actual receipt will be mailed to you on your registered email id. After making payment thru Net Banking payment, payment summary will be shown. Read the terms and conditions and click on I accept all terms and conditions of LICHFL. Select whether message to be sent on registered mobile or email id.
You can contact the housing finance company for this purpose. The housing loan offered by LIC is for Resident Indians, Non-Resident Indians, Pensioners. At present, the minimum interest rate on a home loan from LIC HFL is 8.30% per annum. LIC HFL interest rate for existing customers are reviewed after every 6 months as compared to the new customers whose rate are reviewed quarterly. Thus, if you are existing customer, you have an advantage and even if you a new borrower, the rates are one of the lowest housing loan rates in India presently. The maximum limit of LIC housing finance housing loans is up to INR 15 crores.
Home Loan Calculator by Top Banks
If No, mention alternate mobile / email id to receive the message. One time password will be sent to your registered mobile and email id. Enter your Loan Account No., Sanction amount and date of birth of primary applicant. If you are getting any error while accessing Customer Portal, click on “Have login related issues? I request to LICHFL for giving option payment through Debit Card. I have been trying and there is no option to pay online.
Loans more than INR 50 lakh to upto INR 5 Crore will attract a 50% waiver on the processing fee. The offer will be valid for cases logged in from October 1 to November 30, 2020. The first disbursement should happen before December 31, 2020. Yes, being a public sector lender LIC provides secured home loans at affordable interest rates.
Plot Loans
For balance transfer of existing loans, customers need to have a good repayment track of their existing loan. There is an option to increase EMIs of your loan after continuing for the minimum tenure. If you have continued payments for the minimum tenure without any defaults and are sure of increasing your EMIs, you can go for it. The increase in monthly installments will help you save more on total interest outgo.
With the facility of a higher loan amount, LIC Housing Finance company helps the people to take a step forward in building your dream home or buying one. The calculator for home loans of LIC HFL is simple to use and helps you check the EMI in advance to be prepared accordingly. Moreover, an applicant can also report such occurrence by mailing it to LIC housing finance company. The user can transfer their existing home loan to LIC Housing Finance Limited at a lower interest rate of 8.30% - 9.90% without paying any processing fee for loans upto INR 50 lakh. Plus, a 50% waiver of processing fee will apply for loans between INR 50 Lakh and INR 5 Crore.
On the basis of this formula, you get the pie-chart representation for the monthly payment , the total interest payable, and the total payment (interest+principal). Other than this, you also get the amortization table showing the details of maturity value for each year throughout the tenure. Have a look at the formula used for the calculation of EMI. An applicant can apply for a minimum home loan of INR 1 lakh in LIC. LIC Housing Finance has extended the Processing Fee waiver for home loans till Feb 28, 2021.
Fill in your details to check your eligibility and get your home loan pre-sanctioned. Income Documents Last 6 months Salary slips and Form No.16 . Last 3 years income tax returns, P/L account, Balance sheet and all other necessary documents along with financials (For self-employed).
No comments:
Post a Comment