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Q.

How to increase EMI in LICHFL?

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0 2023-08-23T12:48:57+00:00

Hey buddy, I took a home loan from LICHFL back in 2019. I’ve been paying the EMI for quite a long time now. So here’s how to increase EMI in LICHFL. Considering you’re an existing loan customer, the company has a feature which allows its users to increase their loan EMIs. 

However, there are some conditions that you need to meet in order to avail this option. First of all, one must ensure that they have completed the minimum required tenure of payment. The period can vary bank to bank, but it's usually two years in general. You can contact LIC for accurate information. You should not have outstanding dues as well.  

Once you’ve ticked all these boxes, you’re good to go. Coming from personal experience, kindly make sure that you’re ready to increase your EMI. The move will help you in getting rid of your loan faster. Plus, you’ll save a ton on the total interest.

LIC housing finance increase EMI

There are three ways through which you can expand the limit of your monthly home loan.

  1. You can visit the official website of

    LICHFL

  2. Alternatively, you can chat with them on

    WhatsApp

  3. Otherwise, you can directly reach out to the company to know how to increase home loan EMI in LICHFL.

I believe that you’ll surely find the solution to your problem by following either of the three methods. 

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