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How can I apply documents in LIC HFL?Above Rs. 50 Lacs & upto Rs. Answers ( 2 ) Document TypeDocument RequiredProperty Documents1. Ownership proof of property 2. Allotment letter of builder or society in case of flats 3. Up to date tax paid receiptIdentity and Address Proof1. Driving License 2. Passport 3. PAN Card 4. Aadhaar Card
How can I reduce my LIC housing loan interest rate?Tips to Reduce Home Loan Interest Rate Go for a Shorter Tenure. . Prepayments Are a Good Option Too. . Compare Interest Rates Online. . Home Loan Balance Transfer Can Be an Alternative. . Pay More as Down Payment. . Look for Better Deals. . Increase your EMI.
Are home loan EMI fixed?Interest rate on your home loan remains fixed throughout the loan tenure. Interest rate on your home loan changes based on change in the lender's benchmark rate. Fixed rates are slightly higher than floating rates. Floating rates are slightly lower than fixed rates.
What is LIC HFL processing fee?LIC Housing Finance Limited (LICHFL) offers affordable home loan options ranging from Rs. 1 lakh to Rs. 15 crore at attractive interest rates starting from 6.90% p.a. and with flexible tenures going up to 30 years. The applicable processing fee is up to 0.50% of the loan amount plus GST depending.
How can I get sanction letter from LIC HFL?How to get LIC HFL sanction letter? After logging in to your account, navigate to activities and select the 'Repayment Certificate' option. Select the loan account and financial year from the dropdown menu. To generate the sanction letter tap on ' Download Repay Certificate.
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