LIC Housing Finance revises home loan interest rates

LIC Housing Finance revises home loan interest rate

LIC Housing Finance (LIC HFL) has revised the benchmark prime lending rate (LHPLR)

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The benchmark prime lending rate is used in the pricing of home loans.

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The revised interest rates on house loans are effective from September 20, 2022.

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According to the LIC Housing website, home loan interest rates start from 8% for salaried and professional borrowers

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credit score equal or above 800 for loans up to Rs 15 crore.

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For salaried and professional individuals with credit score between 750-799, interest rate will be 8.05% up to 5 crore

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For CIBIL Score between 700 -749, interest rate offered is 8.20% up to Rs 50 lakhs

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“In case of joints applicants, CIBIL score of applicant having highest score will be considered.

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