LIC HFL Advantage Plus Home Loan
Looking for a home loan with more than just competitive interest rates? The LIC HFL Advantage Plus Home Loan offers attractive features starting at 8.25% p.a., zero prepayment charges, and 2 EMI waivers during the loan tenure. Whether you’re salaried or self-employed, NoBroker makes applying simple and stress-free, providing complete support for a faster approval process.
LIC HFL Advantage Plus Home Loan: Complete Guide
Looking for a flexible home loan with better benefits? The LIC HFL Advantage Plus Scheme is designed for both salaried and self-employed professionals. With interest rates starting at 8.25% p.a., zero prepayment penalties, and 2 EMI waivers, this housing loan LIC HFL Advantage offers long-term affordability. Apply through NoBroker for a smooth, hassle-free process with expert guidance from start to finish
LIC HFL Advantage Plus Home Loan Interest Rate
| Rate of Interest | Max funding | ||
| Credit Score | ROI | Loan Amount | Funding % |
| >800 | 7.50% | <=30 Lakh | 90% |
| 775-779 | 7.85% | ||
| 750-774 | 7.95% | 30<75 Lakh | 80% |
| 725-749 | 8.15% | ||
| 700-724 | 8.50% | 75 Lakh> | 75% |
| -1/NTC | 8-8.5% | – | – |
| Apply Now | |||
LIC HFL Advantage Plus Home Loan Overview
| Features | Details |
| Loan Name | LIC HFL Advantage Plus Scheme |
| Loan Amount | Up to Rs. 5 crore |
| Interest Rate (Salaried) | starting from 7.50% p.a. |
| Interest Rate (Self-Employed) | starting from 8.00% p.a. |
| Repayment Tenure | Up to 30 years |
| EMI Waiver | 2 EMI Waivers Available |
| Prepayment Charges | No pre-payment penalty |
| Eligible Applicants | Salaried & Self-employed |
| Processing Fees | 0% – 0.50% |
| Application Mode | Through NoBroker – Faster & Simpler |
What is the LIC HFL Advantage Plus Home Loan?
The LIC HFL Advantage Plus Home Loan is a thoughtfully designed plan by LIC Housing Finance for those looking to switch their existing home loan or for new home buyers seeking extra benefits. Key attractions include 2 EMI waivers, low interest rates, and complete transparency on charges and prepayments. With LIC’s support and NoBroker’s assistance, this home loan offers unmatched flexibility and convenience.
Key Features of the LIC HFL Advantage Plus Scheme
- LIC HFL home loan interest rate starting from 7.50% p.a. for salaried applicants
- 2 EMI waivers for eligible borrowers
- Loan amounts up to Rs. 5 crore
- Zero prepayment or foreclosure charges
- Flexible repayment tenure of up to 30 years
- Available for both salaried and self-employed individuals
- Easy application process with NoBroker’s end-to-end support
Why Apply via NoBroker for LIC HFL Advantage Plus Home Loan?
Applying for a housing loan LIC HFL Advantage through NoBroker gives you:
- Expert guidance throughout the home loan LIC HFL Advantage process
- Personalized loan proposals based on your profile
- Complete support with documentation from start to finish
- Faster processing and quicker loan disbursal
Skip multiple branch visits and complicated forms—NoBroker acts as your trusted loan partner, ensuring a smooth and hassle-free experience from application to approval.
LIC HFL Advantage Plus Home Loan Interest Rate Comparison
| Scheme Name | Salaried (Interest Rate) | Self-employed (Interest Rate) |
| LIC HFL Home Loan | 8.25% p.a. onwards | 8.50% p.a. onwards |
| LIC HFL Griha Suvidha | 8.50% p.a. onwards | 8.75% p.a. onwards |
| LIC HFL Home Construction Loan | 9.10% p.a. onwards | 9.10% p.a. onwards |
| LIC HFL Advantage Plus | 8.25% – 8.50% p.a. | 8.50% – 8.75% p.a. |
LIC HFL Advantage Plus Home Loan Eligibility Criteria
| Criteria | Requirement |
| Age Limit | Salaried: up to 50 years, self-employed: up to 75 years |
| Credit Score | Minimum 600 |
| Income | Minimum Rs. 30,000 per month |
| Employment | Salaried or Self-employed |
| Work Experience | Minimum 2 years |
| Nationality | Resident Indian or NRI |
LIC HFL Advantage Plus Home Loan EMI Calculation Examples (8.50% p.a.)
| Loan Amount | 10 Years EMI | 20 Years EMI | 30 Years EMI |
| Rs. 10 lakh | Rs. 12,399 | Rs. 8,678 | Rs. 7,689 |
| Rs. 20 lakh | Rs. 24,797 | Rs. 17,356 | Rs. 15,378 |
| Rs. 40 lakh | Rs. 49,594 | Rs. 34,713 | Rs. 30,757 |
| Rs. 50 lakh | Rs. 61,993 | Rs. 43,391 | Rs. 38,446 |
Documents Required for LIC HFL Advantage Plus Home Loan
For Salaried Applicants:
- Last 6–12 months’ bank statements
- Latest salary slips
- Form 16
For Self-Employed Applicants:
- ITRs and financial statements for the last 3 years
- Last 6–12 months’ bank statements
Common Documents:
- PAN Card, Aadhaar Card, Passport, or Driving License
- Property documents such as tax receipts, allotment letter, and ownership proof
How to Apply for LIC HFL Advantage Plus Home Loan via NoBroker
Applying through NoBroker is simple and hassle-free:
- Visit the NoBroker Home Loan page
- Enter basic information about your income, employment status, and property
- Receive personalized quotes from LIC HFL
- Submit all documents online
- Get real-time updates on approval and disbursal
Benefits of the LIC HFL Advantage Plus Home Loan through NoBroker
- Expert assistance for quicker approvals
- 2 EMI waivers to save money
- No need to visit multiple banks
- Better negotiation with LIC HFL
- Convenient online submission of documents
How NoBroker Helps You
Applying for your LIC HFL Advantage Plus Home Loan through NoBroker ensures a smooth, quick, and completely online process. NoBroker’s team of loan experts helps you at every step — from choosing the best loan offer to completing documentation and tracking approvals. You can compare loan options, get personalized quotes, and avoid multiple bank visits. With NoBroker’s full support, acquiring your ideal home loan is seamless, straightforward, and free of unnecessary headaches.
Conclusion
The LIC HFL Advantage Plus Scheme is perfect for homebuyers seeking flexibility and savings. With benefits like 2 EMI waivers, zero prepayment charges, and attractive LIC HFL home loan interest rates starting at 8.25% p.a., it’s ideal for both new applicants and those looking to transfer an existing loan. Applying via NoBroker ensures efficient processing, expert guidance, and a completely hassle-free experience. Check your LIC HFL loan eligibility today and take the first step toward your dream home with a housing loan LIC HFL Advantage.
