My take-home loan is Rs. 16,50,000 for 25 years, but I don't know how to calculate the subsidy.

The loan number is a unique identifier assigned to your LIC Housing Finance (LIC HFL) home loan. It is essential for tracking payments, downloading statements, and making online transactions. Coming to your query, how to find loan number in LIC Housing? You can get it from the official website of LIC Housing Finance. I have shared the detailed process with you below.

How to Find LIC HFL Loan Number?

Here are a few techniques you can follow to find your loan number.

1. When LIC HFL sanctions a loan, they provide a loan sanction letter containing your loan account number. Look for the number on the first page of this document.

2. Your loan account number is shown on your loan statement or repayment schedule. You can find these documents in your registered email inbox if received digitally.

3. Visit the

   LIC Housing Finance official website

   . Click on Customer Login and select \"Registered Users.” Log in using your user ID and password. You can get your loan account number in your profile or loan summary.

4. Call LIC HFL Customer Care at +91-22-6827-6827 (available to working days). Provide details like registered mobile number, PAN, or loan details to retrieve your loan number.

5. Carry your identity proof (PAN/Aadhaar) and loan-related documents. Request the loan number from the branch representative.

I hope you found this helpful.

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How to Pay LIC Loan Interest Online

Hi buddy. You must give the lender many documents when you apply for a house loan. These records assist the lender in determining your eligibility and getting the loan. However, the lender usually keeps the actual property paper as collateral after approval of your loan. You could have to pay LOD fees if you want to view these records while you\'re paying back the loan. But what is LOD in home loan? LOD stands for List of Documents. I have shared more details on it below.

What is LOD Full Form in Home Loan? 

LOD or List of Documents in a home loan refers to the official statement issued by a bank or financial institution that details all the documents related to the loan. This includes legal property documents, loan sanction letters, and repayment schedules. 

1. LOD is crucial when transferring, repaying, or closing a home loan, as it confirms which documents are in the bank’s custody.

2. It ensures that the borrower and lender have a record of all loan-related papers.

3. It is required when transferring a home loan from one bank to another. The new lender needs a record of the existing documents.

4. It acts as proof in case of disputes regarding missing or misplaced documents.

This is all about the LOD meaning in home loan.

Contents of LOD

Here are the content of LOD.

1. Loan Agreement Copy

2. Sanction Letter

3. Disbursement Details

4. Repayment Schedule

5. List of Original Property Documents (Sale Deed, Title Deed, NOC, etc.)

6. Encumbrance Certificate (if applicable)

You can request a LOD from your bank or housing finance company. I hope you found this helpful.

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How to apply for soft copy of LOD? 

Under Pradhan Mantri Awas Yojana (PMAY), homebuyers can get interest subsidies under Credit Linked Subsidy Scheme (CLSS) based on the income category:

1. EWS/LIG (Income ≤ Rs. 6 Lakh): 6.5% subsidy on loan up to Rs. 6 Lakh.

2. MIG-I (Rs. 6 Lakh - Rs. 12 Lakh): 4% on Rs. 9 Lakh.

3. MIG-II (Rs. 12 Lakh - Rs. 18 Lakh): 3% on Rs. 12 Lakh.

Use the PMAY subsidy calculator online to estimate savings.

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