LIC Update: LIC has made home loan borrowers happy, and crores of customers will benefit..

LIC Housing Finance Interest Rate Reduce: Everyone dreams of having their own house, and people try different ways to fulfill it. Home loans are very helpful in realizing this dream, which is provided by banks and finance companies. You can also take a home loan at cheap rates from LIC Housing Finance.

After the reduction in repo rate by RBI (Reserve Bank of India), LIC Housing Finance has also reduced the interest rate of home loan, after which home loan can be taken cheaply.

Taking a home loan from LIC Housing Finance became cheaper -
LIC Housing Finance has reduced the interest rates on its new home loan by 50 basis points in line with the reduction in the repo rate. Reserve Bank of India has recently reduced the repo rate from 6.25 percent to 6.00 percent.

Those taking new home loans will benefit-

The interest rates of home loans have been revised by LIC Housing Finance, after which the new interest rates were reduced by 50 basis points. LIC Housing Finance on Saturday, June 21, announced new interest rates for new home loans starting at 7.50 percent.

The dream of buying your own house will be fulfilled-
The purpose of reducing the interest rate on new home loans by LIC Housing Finance is only to fulfill the dream of buying a house for more and more people. The purpose of this move is to benefit the customers so that they can buy or improve their own house.

How to get a home loan from LIC Housing Finance?

For a home loan from LIC Housing Finance, you have to visit their official website and apply online. You have to submit the required documents to check whether you are eligible or not. These documents include property, identity and income certificates. After verification, you will be able to apply for a home loan.

Let us tell you that Life Insurance Corporation promoted LIC Housing Finance Limited in the year 1989 and LIC Housing Finance was made a public issue in 1994.

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