What are the LIC Loan Interest Rates?

For policy-loan facilities (i.e., loans granted against an LIC policy as collateral), interest rates typically start at around 9 % per annum. The exact LIC personal loan interest rate depends on factors like the policy type, its surrender value, how long the policy has been in force, the borrower’s profile and the lender’s terms.

What is the LIC Personal Loan Rate?

• The interest rate for LIC emergency loan is 9.25% with maximum amount up to Rs. 10 lakhs.

• The interest rate for LIC medium term loan is 10.50% with maximum amount up to Rs. 25 lakhs.

• The interest rate for LIC long term loan is 11.00% with maximum amount up to Rs. 25 lakhs.

These interest rates are indicative and subject to change based on policy, lender, borrower profile and macro-economic conditions. They are also specific to loans against LIC policies (i.e., a secured loan) rather than fully unsecured personal loans.

As far as I am aware, the LIC personal loan interest rate starts from 9% p.a. Now as per the borrower’s CREDIT score, eligibility and other aspects, this rate will rise. It is thus better that you check the rate on their official website or visit their branch for more information.

What is the Interest Rate of LIC Personal Loan?

The LIC personal loan interest starts from 9% p.a. Here are some more aspects of this loan:

• This loan comes with a repayment tenure ranging up to 5 years

• You can avail up to 90% of the policy’s surrender value

• The prepayment and foreclosure charges are NIL here

So this is all about the personal loan lic interest rate that you must be aware of if you are planning to avail of a loan here. 

Now the factors that influence or affect this rate are:

• The borrower’s overall profile

• His or her repayment ability

• Income of the borrower

• Nature of employment

• Loan amount

• Tenure and others

So for more detailed information, you can visit the

or one of its branches and ask an official about it.

Read More:

Hello, the LIC housing finance interest rate for salaried applicants starts at 8.40%, while the interest rates for non-salaried applicants starts at 8.50%. I have stated the information in a detailed manner below. So, read along to understand the interest rates at which home loan is being given by LIC.

What is the LIC Housing Loan Interest Rate?

Here are the interest rates for residents of India. I have bifurcated them based on credit scores and the occupation type. You will find the interest rates for different credit scores for salaried and professional applicants in the first table. The interest rates for the non-salaried and non-professional are mentioned in the second table.

So, there you have the LIC home loan interest rate 2023. I hope this will help you gain enough information related to the subject.

Hi there,

LIC loan interest rate starts at 6.09% onwards. Since the loan type and amount vary the interest rate also varies. The loan interest rate depends on your CIBIL score as well. Let me provide you with a chart so that you can understand the LIC home loan interest rates.

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