LIC Housing Finance Home Loan: Rates, Eligibility & Fees 2026
LIC Housing Finance provides loans for home purchase, construction, renovation, extensions, and balance transfers with long repayment options and broad reach. Butter Money helps you compare suitable products and apply with clear, trusted assistance. Apply confidently.
Interest Rate
7.15%
p.a. onwards
Processing Fee
₹15,000
+ GST
Max Tenure
30 Years
Max LTV
Up to 90%
loans up to ₹30 lakh
Zero Hidden Charges
Transparent pricing you can trust
Fast Approval
Quick approvals with less paperwork
Loan Assistance
Expert guidance at every step
Exciting Cashbacks
Save more with exclusive offers
What stands out with LIC Housing Finance
- Tenure up to 30 years
- Home purchase financing
- Construction finance
- Balance transfer facility
- Top-up loan option
- Renovation funding
- Up to 30-year tenure
LIC Housing Finance home loan at a glance
| Lender type | Housing finance company |
| Starting rate | 7.15% p.a. onwards |
| Products | Home loan |
| Funding (LTV) | Up to 90% of the property's value, within RBI's caps |
| Prepayment | Nil on floating-rate loans |
LIC Housing Finance Interest Rates
By product, CIBIL score & applicant type
Home loan
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| 800 and above | 7.15% onwards | 7.15% onwards |
| 750–799 | 7.50% onwards | 7.50% onwards |
| 700–749 | 7.80% onwards | 7.80% onwards |
| 650–699 | 8.90% onwards | 8.90% onwards |
Starting rates for each CIBIL band. Your final rate also depends on the loan amount, property and profile.
Fees & Charges
Popular LIC Housing Finance Schemes
Find the right LIC Housing Finance product for your needs
| Scheme Name | Best Suited For | Interest Rate |
|---|---|---|
| Housing Loan | Home purchase or construction | 7.15% onwards |
| Griha Suvidha | Lower-income / extended-tenure borrowers | 7.40% onwards |
| Balance Transfer | Existing home loan transfer | 7.15% onwards |
| Top-Up Loan | Additional funding | 8.15% onwards |
LIC Housing Finance vs Similar Lenders
Lenders with the closest rates
| Lender | Best Suited For | Interest Rate |
|---|---|---|
| LIC Housing Finance (this page) | Housing finance company | 7.15% onwards |
| Bajaj Housing Finance | Housing finance company | 7.20% onwards |
| TATA Capital | NBFC | 7.60% onwards |
| Mahindra Finance | Housing finance company | 8.00% onwards |
LIC Housing Finance Home Loan EMI Calculator
Move the sliders to see how the loan amount, interest rate and tenure change your monthly EMI and total interest outgo at LIC Housing Finance's rates.
Illustrative calculation based on the selected rate. The rate defaults to 7.15% p.a., the best applicable starting rate. Your actual EMI depends on the rate offered to you.
A ₹50 lakh LIC Housing Finance home loan over 20 years at 7.15% costs ₹39,216 a month, or ₹44,11,939 in total interest. Every 0.25% higher adds about ₹758 a month.
LIC Housing Finance Home Loan FAQs
Can I prepay my LIC Housing Finance home loan without charges?
Yes, on a floating-rate home loan. RBI rules do not allow LIC Housing Finance to charge individual borrowers for part-prepayment or foreclosure of floating-rate home loans.
How much of the property value will LIC Housing Finance fund?
LIC Housing Finance funds up to 90% of the property's value, within RBI's caps (up to 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh). You pay the rest as your own contribution.
What is the starting interest rate for LIC Housing Finance Home Loan?
LIC Housing Finance Home Loan starts from 7.15% p.a. for eligible high-CIBIL borrowers.
What is the processing fee?
For the applicable loan slab, processing charges can be 0.25% subject to the stated cap + GST.
What is the maximum home loan tenure?
The maximum tenure is 30 years; self-employed applicants may have a lower eligible tenure depending on age.
What CIBIL score is preferred?
Higher CIBIL scores qualify for the lower published rate bands.
What documents are required?
KYC, income and property documents are required as listed in the Documents tab.
Can I transfer my existing home loan to LIC Housing Finance?
Yes. LIC Housing Finance offers home loan balance transfer.
Final terms are set by LIC Housing Finance at sanction. Source: LIC Housing Finance.