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LIC Home Loan Interest Rates
LIC Housing Finance Limited (LICHFL) provides affordable home loans with amounts up to ₹5 crore for purchase and up to ₹15 crores for home construction. The LIC home loan rate starts from an attractive 7.50% p.a., with flexible repayment tenures of up to 30 years. In addition to regular borrowers, LIC HFL also offers customized housing loan schemes for NRIs and pensioners at competitive terms. With a customer-friendly process and affordable LIC home loan interest rate, it’s a reliable choice for turning your dream home into reality.
- Rates from 8.50% p.a.
- Sanction in 7 days
- 20+ banking partners
- ₹0 service fee
- Free sale agreement draft
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LIC Home Loan Interest Rates
Life Insurance Corporation offers affordable home loan schemes to make owning a house easier for everyone. The LIC home loan interest rate starts from as low as 8.50% and varies based on factors such as loan amount, repayment tenure, and the applicant’s CIBIL score. Whether you search for loan interest rate, you’ll find flexible options tailored to your needs. The competitive LIC housing finance interest rate ensures lower EMIs, making repayment convenient. With attractive home loan interest rate offers, LIC Housing Finance helps you turn your dream of owning a home into reality.
LIC Home Loan – Important Details
The table below highlights the important details of LIC Home Loan Interest Rates:
| Feature | Details |
| LIC Housing Loan Interest Rate | 8.50% onwards |
| Loan Amount | ₹1 lakh to ₹15 crore |
| Loan Tenure | Up to 30 years (for salaried)
Up to 25 years (for self-employed) |
| Processing Fees | 0% – 0.50% |
| Foreclosure Charges | Nil |
LIC Home Loan Interest Rates – Quick Info 2026
The LIC housing finance interest rate is dependent on:
- The CIBIL Range
- The type of occupation
| CIBIL Range | Occupation Type | Amount of Loan | Rate of Interest |
| >= 750 | Salaried and Professional | Up to 2 Crore | 8.50% |
| Salaried and Professional | More than 2 Crore and up to 15 Crore | 8.70% | |
| Non-salaried & non-professional | Up to 2 Crore | 8.60% | |
| Non-salaried & non-professional | More than 2 Crore and up to 15 Crore | 8.80% | |
| 700 to 749 | Salaried and Professional | Up to 2 Crore | 8.75% |
| Salaried and Professional | More than 2 Crore and up to 15 Crore | 8.95% | |
| Non-salaried & non-professional | Up to 2 Crore | 8.85% | |
| Non-salaried & non-professional | More than 2 Crore and up to 15 Crore | 9.05% | |
| 600 to 699 | Salaried and Professional | Up to 50 Lakhs | 9.55% |
| Salaried and Professional | More than 50 Lakhs and up to 2 Crore | 9.75% | |
| Non-salaried & non-professional | Up to 50 Lakhs | 9.65% | |
| Non-salaried & non-professional | More than 50 Lakhs and up to 2 Crore | 9.85% | |
| Non-salaried & non-professional | More than 2 Crore and up to 15 Crore | 10% | |
| < 600 | Salaried and Professional | Up to 50 Lakhs | 10% |
| Salaried and Professional | More than 50 Lakhs and up to 2 Crore | 10.20% | |
| Salaried and Professional | More than 2 Crore and up to 15 Crore | 10.40% | |
| Non-salaried & non-professional | Up to 50 Lakhs | 10.10% | |
| Non-salaried & non-professional | More than 50 Lakhs and up to 2 Crore | 10.30% | |
| Non-salaried & non-professional | More than 2 Crore and up to 15 Crore | 10.50% |
The aforementioned rates are floating rates of interest.
Period of Repayment
The maximum repayment period is as below:
| For Salaried individuals up to | 30 years |
| For Self Employed individuals up to | 25 years |
Note: The above is dependent on the repaying capacity and age of the applicant.
LIC Home Loan Interest Rates EMI Calculator
Planning to apply for a LIC Housing Finance loan? Use the LIC home loan EMI calculator to know your monthly repayments in advance. This tool makes it easier to plan your budget and manage finances without surprises.
How the Loan Calculator Works
The process is simple – enter:
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Loan Amount
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Interest Rate
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Loan Tenure
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Processing Fee (if any)
Click “Calculate,” and the LIC housing loan EMI calculator will instantly show:
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Your monthly EMI
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Total interest payable
Why Use Home Loan Calculations?
With tools like the home loan calculator you can easily compare different tenures and interest rates. Whether it’s a loan calculator for LIC policy, these calculators help you make informed borrowing decisions.
The EMI calculator ensures transparency, saves time, and helps you choose the right plan that fits your repayment capacity.
Home Loan for Resident Indian
LIC Housing Finance Ltd (LIC HFL) understands the dream of many i.e. owning a home. LIC HFL makes certain that you can gain account to the necessary funds to begin your dream of owning a home. LIC Home Loan Interest Rates or Housing Loans for the purchase of:
- Under construction or ready-to-move homes.
- Construction of your own home.
Who is eligible for LIC HFL Home Loans?
- All Salaried employees working in Private or Government/Public Organizations.
- Self-employed individuals.
What is the Griha Suvidha Home Loan?
LIC HFL believes that having your own home is a dream for many. Hence they have introduced the Griha Suvidha Home Loan. Under this type of home loan, your age and income do not matter as it is a mortgage-backed housing loan.
Who is eligible for LIC HFL Griha Suvidha Home Loans?
- Employees draw part of their salary in cash.
- Salaried individuals looking for home loan terms beyond their retirement.
- Self-employed individuals wanting extended loan tenure.
Home Loan for Non-resident Indians (NRIs)
If you are an NRI having the aspiration to own a home in India, you have good news! LIC HFL recognizes your aspiration and hence offers a wide range of home loans for you. LIC HFL includes products that are customizable in nature which depend on your eligibility and are available at low rates of Home loan.
Here are the types of Home Loans Available for Non-resident Indians:
- Home Loan
- Plot Loan
- Home Improvement Loan
- Home Renovation Loan
- Top Up Loan
- Balance Transfer
Plot Loans
To create your ideal living space, LIC HFL also provides loans to acquire residential plots for the construction of your home within a period of 3 years.
Types of Plot Loans:
- Purchase of Plots from Government bodies/Developed Authorities/ Approved Layout: The maximum amount of loan here will be 75% of the property value and the maximum loan tenure is a period of 15 years.
- Composite Loan for Purchase of Plot and House Construction
Home Improvement Loans
LIC HFL offers a Home Improvement Loan for the improvement of your home. This type of loan is available for both the types of customers i.e. the existing customers as well as the new customers.
Home Renovation Loan
LIC HFL offers the Home Renovation Loan for renovation of your home. This type of loan is available for both the types of customers i.e. the existing customers as well as the new customers.
Top-Up Loan
The Top Up Loan offered by LIC HFL is given over the home loan provided to the existing customers as an additional loan. This type of loan is also available to new customers once they convert their existing LIC Home Loan Interest Rates.
Who are the eligible customers?
- Existing customers with default-free housing loan seasoning
- New customers transfer their loan from another financial institution
What will be the eligible amount?
The eligible amount will be known when the application is filed. This is dependent on certain factors such as the repayment capacity, outstanding loan amount (if any), etc.
Home Loan for Pensioners
Who are the eligible applicants for this loan?
- Employees of the State Government and individuals drawing pensions under Defined Benefit Pension Schemes (DBPS) who are up to 65 years of age as per last birthday.
- Individuals working with PSUs Insurers, PSUs Nationalized Banks, Central Government, and State Government and eligible for pension under the Defined Benefit Pension Schemes (DBPS)
For availing of the LIC HFL Home Loan for Pensioners, the spouse must be the joint applicant. This must be certain, regardless of the ownership of the property.
One of the salient features of the LIC HFL Home Loan for Pensioners is that children can be co-applicants while applying for the loan. Their income can be added as it will allow for a longer term and higher eligibility amount.
Tenure of the Loan:
- In the case of joint applicants drawing a pension, the maximum loan term is up to the attainment of 80 years of age.
- If the income of younger applicants (son/daughter/spouse) is considered, then:
- The maximum loan term is up to 30 years
- Till the attainment of 80 years of the younger applicant, whichever is earlier
One of the additional benefits received by borrowers with default-free track records is eligible for a waiver of EMI. The EMI waiver is as follows:
- 1st waiver of EMI at the 61st month of the loan tenure.
- The 2nd waiver wave of EMI is at the 121st month of the loan tenure.
Balance Transfer
If you have any existing home loan with another financial institution LIC Home Loan Interest Rates allows for the takeover of your existing home loan or Balance Transfer.
Documents Required for the Purpose of Availing a LIC HFL Home Loan
- Income Documents
- Property Documents
- KYC Documents
Income Documents will include the following:
- Salary slips and Form No. 16 for salaried employees
- Last 3 years’ income tax returns for self-employed individuals or professionals
- Last 3 years of Financial Statements for self-employed individuals or professionals
- Last 6 months to 12 months Bank Statements
Property Documents will include the following (in case the property is identified)
- Proof of ownership of property
- In the situation of ownership of Flats, the allotment letter of the builder/society
- Up-to-date tax paid receipt
KYC Documents will include the following:
- PAN Card
- Aadhar Card
- For Non-resident Indians, the requirement of a passport is mandatory
- Proof of residence
Note: All loans will be sanctioned at the sole discretion of the LIC HFL.
Why Choose LIC Housing Finance Home Loans?
LIC Housing Finance makes borrowing easy with quick sanctioning, low EMIs, and minimal documentation. The LIC home loan interest rate is competitive, and with no pre-payment penalties, you can save more while enjoying flexibility of LIC Home Loan Interest Rates.
Key Benefits:
- Attractive LIC housing interest rate starting from affordable ranges.
- Multiple loan purposes – purchase, construction, renovation, or balance transfer.
- Options for both salaried professionals and retired individuals.
- Wide range of schemes designed to meet diverse borrower needs.
Interest Rates and Affordability
The LIC housing finance loan interest rate is among the most competitive in the market. Borrowers can benefit from a favorable LIC home loan percentage based on their profile. With the current LIC housing loan interest rate, customers can plan long-term finances more effectively.
Whether you call it the interest rate of LIC housing loans, the key advantage lies in its affordability and flexible repayment. The LIC Home Loan Interest Rates are designed to provide maximum value to customers.
How NoBroker Helps You
Navigating home loans can be overwhelming with so many banks, interest rates, and eligibility rules. NoBroker simplifies the process by allowing you to compare LIC Home Loan offers in one place. You can check interest rates, loan amounts, tenure options, and eligibility criteria quickly—without paying any broker fees.
NoBroker also provides expert guidance throughout your application journey. From preparing documents to submitting your loan request, NoBroker ensures a fast, hassle-free, and transparent experience, helping you get your LIC home loan approved smoothly.
Conclusion
LIC Housing Finance offers affordable and flexible home loan options with interest rates starting from 8.50%. With solutions for salaried, self-employed, NRIs, pensioners, and even unique schemes like Griha Suvidha, LIC makes owning a home achievable for everyone.
By partnering with NoBroker, you can easily compare LIC home loan offers, understand the best rates and tenure for your needs, and apply without any stress. Whether it’s purchasing, constructing, renovating, or transferring an existing loan, NoBroker helps you make your dream home a reality faster and smarter.
Home Loan Calculators
EMI and eligibility side by side on desktop. On mobile, switch tabs to plan your monthly outflow and loan amount.
Last Updated: Jul 16, 2026
Education - BTech (IIT Guwahati), IIM Bangalore
With 7 years of hands-on experience structuring home loans across both public and private lending institutions, Suraj Mudaliar brings sharp, practical expertise to every borrower's journey. He specializes in loan eligibility assessment, balance transfers, and EMI optimization - helping customers not just get a loan, but get the right loan for their financial situation.
Top questions asked
Anyone with a stable income and good credit profile can apply for a housing loan. This includes salaried individuals, self-employed professionals, and business owners. Applicants must meet the lender’s eligibility criteria such as minimum age (usually 18–21 years), income level, credit score, and property ownership documents.
Your EMI depends on three factors – loan amount, interest rate, and repayment tenure. For a quick estimate, use our online EMI Calculator.
LIC Home Loan interest rates are available in both fixed and floating options. Most borrowers prefer the floating rate, as it is linked to the market benchmark (Repo Rate) and changes with RBI revisions, while fixed rates remain the same throughout the tenure.
LICHFL and HDFC Ltd are two reputable entities providing a range of home loan schemes with attractive interest rates. It is vital to carefully review all charges and terms before making a decision. While LICHFL offers low processing fees, HDFC offers interest rate concessions for female applicants. Take the time to thoroughly compare LIC Vs HDFC home loans to make an informed choice.
Your credit score plays a crucial role in determining your home loan eligibility. LICHFL assesses your risk profile based on factors such as your credit score before finalizing the LIC HFL interest rate. Individuals with a higher credit score of 700 or above are likely to enjoy lower interest rates, whereas those with a credit score below 600 may incur higher rates. It is advisable to maintain a good credit score to secure the best interest rates, though the final rate offered is solely at the bank's discretion.
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