LIC HFL Home Loan EMI Calculator To Estimate Your Loan Schedule

You must have heard of LIC, it is a state-owned insurance group and investment company that provides housing loans to customers through LIC HFL, it is the associate or subsidiary of LIC that provides home loans schemes. It offers various Home loan schemes for different purposes such as buying a new house, plot, as well as carrying out home renovation, etc. You can also use the LIC home loan EMI calculator and eligibility calculator to set your home loan plan. Know about the features and benefits, LIC Home Loans offers to you in the given article.

Attractive features of LIC HFL Home loans

You can apply for a home loan maximum up to 3 crore at an attractive LIC HFL home loan interest rates starting from 8.70%. The principal borrowed amount depends on your flow of income, repayment capacity and credit score. If you are eligible for INR 30 lakh then you can borrow up to INR 30 lakh, but you must be carefully choose the loan amount according to your payment capacity.

LIC housing finance loans provide you different loan schemes to suit your needs such as loans for home construction, purchase, repairs, renovation, extension, plot purchase, loan against property, loans to Professionals, etc.

LIC HFL home loan interest rates are different for salaried, self-employed and pensioners. All the Indian residents are eligible to apply for the LIC home loans and NRI can also apply for a housing loan at LIC HFL on some terms and conditions.

With LIC home loans, skilled Professionals are always on your service to guide your home loan process by providing the doorstep service. It eases your home loan application process and without any hassle, you can submit the required documents of the financed property or house.

You just need to submit the processing and documentation fee to LIC housing finance Ltd. during the loan procedure. After the loan approval, you need to submit the LIC HFL home loan interest rates according to the estimated EMIs. The processing fee of LIC home loan is 0.50% of the loan amount.

Pay less EMI on your loan tenure with LIC HFL home loans such as INR 783 on the loan amount of INR 1 lakh with 0 prepayment charges.

Use LIC HFL home loan EMI calculator

To know your home loan EMI, simply use the LIC HFL home loan EMI calculator to estimate your equated monthly installments (EMI) of the borrowed principal amount. Just input your home loan details such as borrowed amount, loan duration and interest rate and it will give your EMI. The LIC HFL home loan EMI calculator presents your loan total payable principal amount and interest rate in the form of a pie chart with an amortization chart which shows your payable yearly schedule of the outstanding amount, interest and EMIs.

Purchasing a house is the most expensive investment in one's life and it is equally important to choose a Home Loan partner who will look beyond loan transactions. Usually, LIC HFL home loans come with a tenure that ranges from 20-30 years. You can feel the sense of security with LIC HFL home loans.