provides home loan facility to the expatriate Indians settled abroad one has to select if he/she is an NRI, in case an NRI is seeking to apply for the home loan he/she are required to mention their profession. The loan applicant then has to mention his/her professional details, like whether he is salaried or non-salaried. One has to given an account of his/her net income and also of their spouse's income if they are working. Then like in case of EMI calculator
here too the person has to mention the rate of interest he/she opts for in order to avail the LIC Home loan facility. One has to mention the current market price of the proposed property he/she is seeking loan for. Another important detail is that the individual will have to mention as to how much amount he/she can reserve to pay for the EMI. Lastly, the loan amount one is seeking to buy a particular property along with the period of the loan he/she wants to opt in terms of years to repay the loan. After mentioning all these details all one has to do is click the 'calculate' button on the online calculator to get the desired result. If you are not satisfied or find that you are not eligible you can always reset the calculator and again furnish all these requisite details.