LIC Housing Finance revises home loan interest rate
LIC Housing Finance (LIC HFL) has revised the benchmark prime lending rate (LHPLR)
The benchmark prime lending rate is used in the pricing of home loans.
The revised interest rates on house loans are effective from September 20, 2022.
According to the LIC Housing website, home loan interest rates start from 8% for salaried and professional borrowers
credit score equal or above 800 for loans up to Rs 15 crore.
For salaried and professional individuals with credit score between 750-799, interest rate will be 8.05% up to 5 crore
For CIBIL Score between 700 -749, interest rate offered is 8.20% up to Rs 50 lakhs
“In case of joints applicants, CIBIL score of applicant having highest score will be considered.