LIC Housing Laons Pros and Cons

LIC Housing Loans, offer affordable home loan for your dream home. 

LICHFL interest rates start from 8.10% p.a., which is one of the best home loan rates in India. Housing is a National priority they made our home loan processes simple and transparent. 

It helps you in taking that one step closer to your dream. 

It offers affordable home loan options ranging from Rs.1 lakh and up to Rs.3 crore at attractive interest rates.

 Features: 

Different loan schemes to suit every customer's fund needs. 

Low LIC home loan interest rates starting from 8.10% p.a. 

Longer repayment period extending up to 30 years. 

Interest concession for women homes loan borrowers. 

Advantages of LIC :

1.  High Loan Coverage.
2.  Quick Loan Approval. 
3. It is easy for a non-financial person to get overwhelmed. 
4. There are cases where banks won’t give a home loan at all but LIC HFL would and there are cases the loan is better at LIC HFL. 
5. Offer a higher loan quantum. 

Disadvantages of LIC : 

1. Normally, interest rates offered on home loans are higher as compared to interest rates offered by banks. 
2. HFCs do not offer an overdraft facility. 

For More details, Kindly visit our website:https://www.lichousingloans.co.in/