LIC Housing Finance Interest Rate Reduce: There is good news for millions of customers. Home loan facility is available at a low price. With low interest rate, you can fulfill your dream of buying a house. LIC Housing Finance has reduced the interest rate, let’s know about it in detail.
LIC Housing Finance Interest Rate Reduce: Everyone has a dream of buying their own house. Everyone tries in different ways to fulfill it. Home loan facility is also available to fulfill the dream of buying a house, which is also provided by banks and finance companies.
Finance and insurance companies can also take home loan from LIC Housing Finance, which is available cheaply. Yes, after the cut in repo rate by the Reserve Bank of India, LIC Housing Finance has also reduced the interest rate of home loan, after which home loan can be taken cheaply.
Taking home loan from LIC Housing Finance became cheaper
Actually, LIC Housing Finance has reduced theThe dream of buying your own house will be fulfilled
The aim of reducing the interest rate on new home loans by LIC Housing Finance is to fulfill the dream of buying a house for more and more people. The purpose of this step is to benefit the customers so that they can buy or improve their own house. interest rate on new home loan by 50 basis points. This has been done in line with the cut in repo rate by the Reserve Bank of India (RBI). Recently RBI has reduced the repo rate from 6.25 percent to 6.00 percent.
Those taking new home loans will benefit
Actually, LIC Housing Finance has revised the interest rates of home loans, after which the new interest rates have been reduced by 50 basis points. LIC Housing Finance announced on Saturday, June 21 that the new interest rates for new home loans will start from 7.50 percent.
How to get home loan from LIC Housing Finance?
To get home loan from LIC Housing Finance, you have to visit the official website. You have to apply for home loan on the website. You have to submit the necessary documents to check whether you are eligible for home loan or not. You have to submit property documents, identity proof and income certificate. You can apply for home loan after the documents are verified.
Let us tell you that LIC Housing Finance Limited was promoted by Life Insurance Corporation in the year 1989 and LIC Housing Finance was issued publicly in 1994.
