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Lic Housing Finance Interest Rate

LIC Housing Finance interest rate schemes provide easy and facile home loan options at affordable rate of interest. LIC Housing Finance Ltd. is India's crucial and one of the desired home finance lending company. The company also provides home loan services to Indians settled in other parts of the world. The company offers home loans for varied purposes ranging from construction of a house/flat, purchasing a flat/house, purchasing a plot/land for construction purpose. LHFL offers housing loan at very flexible interest rates competiting with a host of other public and private banks striving for the customer's attention. The company imparts the information about the home loan interest rates applicable to them either at the time of payment of amount of loan or during the course of the counseling session.

The LHFL provides near best available rates of interest options on its housing loan schemes. The company offers an interest rate of 8.75% on its home loan schemes ranging from an amount below Rs. 5 lacs up to Rs. 75 lacs applicable on floating rate of interest and the interest rate of 9.5% is charged on housing loan schemes amounting to more than Rs. 75 lacs.

Its essential for any individual to do a thorough research on the home loan facilities being provided by various banks/financial organizations and then only one should arrive to any decision as its a significant matter so the individual should compare the interest rates and other determinants of the home loan schemes being offered in the market. Interest rates are a very important factor to be taken into account for any home loan seeker as it is the main basis on which one can compute his/her capacity to avail a particular loan amount for a fixed period of time. The LIC housing finance provides interest at a very cheap rate on its home loan schemes by providing the people from all types of background with an oppourtunity to bring their dream to build a home of their own into reality.

For more on LIC HOUSING FINANCE INTEREST RATE log onto: www.lichousing.com

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