LIC Housing Finance Home Loan Interest Rate June 2026

LIC Housing Finance Home Loan Highlights

The affordable house loan options from LIC Housing Finance Limited (LICHFL) range from 7.5% – 11%, with flexible 30 Years terms and attractive interest rates starting at 7.5% p.a. Depending on the circumstances, the processing fee is Up to 1% of loan amount + GST. For NRIs and retirees, LIC HFL also provides housing loan programmes at low interest rates.

LIC Housing Finance Home Interest Rates on Loan Schemes

LIC Housing Finance Home Loan offers several schemes to its customers. Listed below are the schemes available to avail of a housing loan according to your needs. For the full current rate details, refer to the LIC Housing Finance home loan interest rate page before finalising your application.

LIC HFL for Resident Indians

It is a regular home loan programme for purchasing newly built homes, homes that are ready to move into, or homes that are still being built. The tenure can go up to 30 Years.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC HFL Griha Varishtha

This home loan comes with 6 EMI exemptions available only for pensioners, Central/State government personnel, and PSU employees (2 EMIs at 37th and 38th month, 2 EMIs at 73rd and 74th month, 2 EMIs at 121st and 122nd month of loan tenure). The tenure for pensioners can go up to 80 years of age, and for younger applicants up to 30 years or 80 years of age.

LIC HFL Pradhan Mantri Awas Yojana

This home loan scheme has an interest subsidy of up to ₹2.67 lakh for the borrower’s first pucca house to be built or purchased.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC HFL Griha Suvidha

This mortgage guarantee backed home lending programme has no age or income restrictions. It is available to candidates who receive a portion of their pay in cash or who need longer loan terms because they are getting close to retirement. Self-employed applicants seeking a longer loan term can also apply. The tenure can go up to 30 Years.

LIC HFL Home Loan for NRIs

LIC NRI Home Loan can be used to buy a plot, renovate a home, get additional home loans, and transfer the balance of existing home loans from other banks or NBFCs to LIC Housing Finance. The tenure can go up to 30 years.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC HFL Plot Loans

If the applicant plans to build on the residential plot within three years of the purchase date, they may be eligible for a plot loan from government entities, development authorities, approved layouts, or the Composite Scheme. The tenure can go up to 15 years with an LTV ratio of up to 75% of the property’s value.

LIC HFL Home Construction Loan

A financing option available for building homes is the home construction loan. The tenure can go up to 30 years.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC HFL Home Extension Loan

LIC home loans for house extensions are made available to applicants who wish to expand or add a room to their current residential properties. The tenure can go up to 30 years.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC Housing Finance Home Renovation Loans

Loans for house improvements and renovations are available for work on already-existing residential homes. The tenure can go up to 30 years.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC HFL Top-Up Home Loan

A top-up home loan refers to an additional loan given on the existing home loan to both new and current borrowers. When transferring the balance of an existing home loan to LIC Housing Finance, new borrowers may be eligible for a top-up.

Interest Rates:

• 8.50% p.a. for new applicants
• 9.00% p.a. for current applicants
• 9.00% p.a. for Balance Transfer applicants

LIC HFL Advantage Plus

Under this scheme, a special balance transfer plan for home loans with two EMI exemptions (at the end of 5th year or during loan closure) is offered. The tenure can go up to 30 years. Use the Home Loan Balance Transfer Calculator to evaluate the savings from switching your existing loan to LIC Housing Finance.

Loan amount up to ₹30 lakh	90% of property value
Loan amount above ₹30 lakh – ₹75 lakh	80% of property value
Loan amount above ₹75 lakh	75% of property value

LIC Housing Finance Home Interest for Salaried and Self-Employed

LIC Housing Finance offers home loans to salaried and self-employed individuals. Use the Home Loan Eligibility Calculator to estimate your eligible loan amount before applying.

Type of Employment	Interest Rate	Processing Charges	Prepayment Charges
Salaried Employee	From 7.5% – 11% per annum onwards	Up to 1% of loan amount + GST	NA
Self-Employed Professional	From 7.5% – 11% per annum onwards	Up to 1% of loan amount + GST	NA

LIC Housing Finance Home Interest for Govt Employees

LIC Housing Finance home loan interest rates for government employees are comparable to those of any other consumer in the private sector. They sometimes offer special deals on their house loan programmes and deliver competitive lending services.

LIC Housing Finance Home Loan Interest Rate for Women

LIC Housing Finance adheres to all government regulations pertaining to women to increase their empowerment and offer them better programmes. They provide a 2% government-approved stamp duty rebate on loans for women borrowers.

LIC Housing Finance Home Loan Interest Rate for NRIs

LIC Housing Finance offers home loans to NRI customers with several advantages. Interested candidates can visit the official website, supply particular information, and find out if they qualify for a pre-approved loan offer.

LIC Housing Finance Home Loan Interest Rate and Other Charges

The LIC Housing Finance home loan interest rate and other charges are as follows:

Processing Fee	Up to 1% of loan amount + GST
Statutory Charges	₹250 – ₹1,000
Rewriting Charges	₹2,500
Cheque Bounce Charges	₹350
ECS Dishonour Charges	₹200
Document Retrieval Charges	₹2,500
Providing List of Documents	₹500
Photocopies of Title Documents	₹1,000
Late EMI Payment Charges	1.5% – 2% p.m.

How to Calculate LIC Housing Finance Home Loan Interest?

Using the Home Loan EMI Calculator, one can accurately calculate the interest/EMI on the home loan instantly. Alternatively, use the following formula to calculate the EMI manually:

EMI = [P × R × (1+R)^N] / [(1+R)^N − 1]

Where:

• P is the principal amount
• R is the interest rate charged on the home loan
• N is the number of instalments over the tenure of the loan

LIC Housing Finance Home Loan Interest Rates for Existing Customers

Given below are the interest rates, LTV ratio, tenure, and processing charges for existing customers:

LIC Housing Finance Home Loan Highlights
Interest Rates	7.5% – 11% p.a.
Loan Amount (LTV Ratio)	90% of property value
Tenure	Up to 30 years
Processing Charges	Flat ₹3,000

Factors that Affect LIC Housing Finance Home Loan Interest Rate and EMI

Many factors affect the LIC Housing Finance home loan interest rate and EMI. Compare current rates across lenders on the home loan interest rate page to benchmark LIC Housing Finance against other lenders before deciding.

MCLR Rate

A bank can only lend money at a minimal interest rate, known as MCLR (Marginal Cost of Funds-Based Lending Rate). Operating expenses, CRR, and the marginal cost of financing play a role. The interest rate fluctuates as a result of this rate’s periodic changes.

Interest Rate Type

If you choose a floating interest rate, your rate may go up or down depending on how the repo rate fluctuates. If you choose a fixed interest rate, the rate stays the same throughout the loan tenure.

Credit Score

The credit score plays a crucial role in determining the interest rate. Lower interest rates are associated with higher scores and vice versa.

Property Location

Newer properties have better resale value and generally attract lower loan rates, whereas older homes tend to have higher interest rates due to lower resale value.

Occupation

A salaried professional typically gets a lower interest rate than a self-employed professional. Government and PSU employees are eligible for a home loan from LIC at a lower interest rate due to their stable income.

Tenure of Loan

LIC offers house loans with lower interest rates for shorter loan terms and higher interest rates for longer terms. Use the Home Loan Prepayment Calculator to estimate interest savings from making early repayments, and the Home Loan Tax Benefit Calculator to estimate your annual deductions under Section 80C and Section 24(b).