Www.lichousing.com – Lichfl India – Lic Housing Finance – Lic Home Loans

The official website of LIC Housing Finance is www.lichousing.com. It was established in 19th June, 1989 as largest Home Loan provider with an attractive rate of interest. LIC Housing Finance Limited gives benefits of home loans to Resident Indian as well as Non Resident Indian. Any Indian who resides in the country or abroad can also apply for home loans in different schemes. It provides good facilities to their respected customers like Green Channel, Step-Up EMI’s with special facility to NRI’s in Gulf region. In many of its schemes, LIC Home Loans provide an elastic period for repayment to pay back the loan amount without any difficulty.

LIC Housing Finance offers long term finance for purchasing a new house, flat or a residential plot. Sometimes it also provides loans for construction, remodeling, repair or renovation of existing houses or flats with fixed Front End Charges (FEC) of 1% of the total loan amount. LIC Home Loans charges different interest rates in different cities. If you want to know interest rate of your city you have to logon in the official website of LIC Home Loans India.

How to do register and login in your account?

If you want to register in the LIC Housing Finance, for that you have to enter your login ID and password. After that, select question for password and also enter the answer. Now, write your full name with address and phone number. Then, enter your email address, PAN card number, date of birth and press ‘submit’ option. If you want to login in your account for that, you have to login ID and password then press ‘login’ button. If you have forgotten you password then press ‘Forgot password’ option.

LIC Housing Finance also provides Loan Eligibility Calculator to calculate interest rate. If you want to use calculator, for that you have to indicate compulsory fields and enter your age and also specify if you are NRI. If you are NRI then select your Profession and occupation. Now, write your net income of month and rate of interest. Then, write down your total cost of the proposed property in Rupees and describe the amount which you want to spare towards loan per month. Lastly, enter loan amount and repayment term and press ‘calculate’ button.

Products of LIC Housing Finance:

Eligibility

• The minimum age limit for salaried employee is 25 years, while the maximum age limit is 58 years. On the other hand, a self-employed person can apply for LIC Home Loan, between the age of 21 and 70 years.
• In case if the candidate is an NRI, he/she should have a valid Indian Passport.
• The net income of salaried as well as self-employed applicant should be Rs 150000 per annum.

Documents Required

• Copy of sanctioned plan and sanction letter.
• One guarantor form and his/her salary certificate in our format.
• If guarantor is in business or profession, a copy of his/her latest I.T.returns/assessment order is required.
• Power of Attorney, wherever applicable
• In case the candidate purchases house from a builder, then he/she has to provide a copy of Agreement for Sale, copy of Registration Receipt, Copies of Receipts of Payment already made and NOC from builders.
• Completed application form for the sanction of LIC Home Loan
• Bank Pass-book or statements for the last two years
• Copy of NA permission/ULC clearance, wherever applicable

Additional Requirements

For Salaried Employees

• Identity card of applicant
• PF/ESIS slip of applicant
• Employer’s salary certificate in our format/and latest salary slip.
• TDS certificate of applicant

For Businessmen or Self-Employed Applicant

• Three years’ income tax returns/assessment orders along with computation of income and statements of accounts certified by C.A.

For more information, visit www.lichousing.com.