Festive season offers with loans starting at 8.35% & complete refund of processing fees
Mumbai: LIC Housing Finance Ltd. (LICHFL) today declared the launch of Special Festive idea for home advance searchers. Under the exciting offer, client can get the advantage of home loans beginning at reasonable rate of 8.35%. Not only this, clients will get complete refund of processing fees at the time of disbursement of the loan.
Most importantly, the festive offer will be accessible for loans applied from October 1, 2019 to October 31, 2019 and it begins on to December 31, 2019.
For the customers, the new home loan rates will begin from 8.35 % for loans upto Rs.50 lacs and 8.45% for loans above Rs.50 lacs and up to Rs.5 cr for women borrowers.
For different borrowers the rates will be 5 bps beginning from 8.40%. The processing charge paid by the borrowers will be balanced towards the principal after payment of first installment of loan.
Mr. Siddhartha Mohanty, Managing Director & CEO of LIC Housing Finance Ltd says, “Festivals in India are auspicious time for starting anything new specially buying a new home. With this offer it is our effort of making these new beginnings memorable. We are also cohesively working to complement government’s vision of ‘Housing for all by 2022’ and such
offers will only help the sector in realizing the vision soon.”
