LIC – If you are also planning to buy a home loan then this news is for you. Actually, let us tell you that after the reduction in repo rate by RBI (Reserve Bank of India), LIC has also reduced the interest rate of home loan, after which home loan can be taken cheaply-
LIC Housing Finance Interest Rate Reduce Everyone dreams of having their own house, and people make various efforts to fulfill it. Home loan is very helpful in realizing this dream, which is provided by banks and finance companies. You can also take home loan at cheap rates from LIC Housing Finance.
After the reduction in repo rate by RBI (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-
LIC Housing Finance has reduced the interest rates on its new home loan by 50 basis points in line with the reduction in repo rate. Reserve Bank of India has recently reduced the repo rate from 6.25 percent to 6.00 percent.
Those taking new home loan will benefit-
Actually, the interest rates of home loan have been revised by LIC Housing Finance, after which the new interest rates were reduced by 50 basis points. LIC Housing Finance has announced new interest rates for new home loans on Saturday, June 21, starting from 7.50 percent.
The 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.
How to get home loan from LIC Housing Finance?
For home loan from LIC Housing Finance, you have to visit their official website and apply online. You have to submit the required documents to check whether you are eligible or not. These documents include property, identity and income certificate. After verification, you will be able to apply for home loan.
Let us tell you that Life Insurance Corporation promoted LIC Housing Finance Limited in the year 1989 and LIC Housing Finance was made a public issue in 1994.
