ABOUT US

LIC HFL – Where Dreams come HOME

Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) is one of the largest Housing Finance
Companies in India with a key objective of providing long term finance to individuals for the purchase or
construction of house/flat for residential purposes in India. LICHFL also provides finance on existing
property for business/ personal needs and also gives loans to professionals for purchase/construction of
Clinics/Nursing Homes/ Diagnostic Centers/ Office Space and also for purchase of equipment. The
Company also provides finance to builders and developers engaged in the business of construction of
houses or flats for residential purpose and to be sold by them.

The Company went public in 1994 and since then its stocks are listed and actively traded on the National
Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE).

The Company Identification Number (CIN) is L65922MH1989PLC052257.

LIC HFL is amongst the pioneers in India ensuring access to housing finance for home ownership. With a
strong business foundation, an extensive distribution network and proven industry expertise, LIC HFL is a
respected and trusted financial services company. We pride in having served over 25 lakhs prudent home
owners.

25 Lakhs
Families served and more

284 marketing offices

Including two abroad

More than 12000 marketing intermediaries

To guide through the loan processes

Online Home loan approvals

Through our website www.lichousing.com

Rs 3.35 lakh crore
And more cumulative disbursement since inception

Rs 2 lakh crore
And more is the loan book

Vision

To be the best Housing Finance Company in the country.

Mission

Provide secured housing finance at affordable cost, maximizing shareholders value with higher customer
sensitivity.

Values

Fair and Transparent Business Practices.

Transformation to a Knowledge Organisation.

Higher Autonomy in Operations.

Instilling a sense of Ownership amongst Employees

SUBSIDIARY COMPANIES
1. LICHFL Asset Management Company Limited

LICHFL Asset management Company Limited was incorporated on 14th February, 2008. LICHFL Asset
Management Company Limited acts as an Investment Manager with Competent and Professional
Management team.

At Present, it is acting as the Investment Manager of “LICHFL Urban Development Fund”, a Venture
Capital Fund with focus on mid income housing and Income yielding micro infrastructure assets. The
LICHFL Urban Development Fund is sponsored by LIC Housing Finance Limited and co-sponsored by
LIC of India.

2. LICHFL Financial Services Limited

LICHFL Financial Services Limited was incorporated on 31st October, 2007 for undertaking non fund
based activities like marketing of housing loans, insurance products, credit card, mutual funds, Pension
Schemes etc.

The Company is actively providing multiple financial solutions for every customer segment through its
territory offices spread across the Country.

3. LICHFL Trustee Company Private Limited

LICHFL Trustee Company Private Limited was incorporated on 5th March, 2008 for undertaking the
business of trustees of venture capital trusts and funds.

The Company is currently providing Trusteeship services to the Venture Capital Fund namely “LICHFL
Urban Development Fund” managed by LICHFL Asset Management Company Limited.

4. LICHFL Care Homes Limited

LICHFL Care Homes Limited was incorporated on 11 th September, 2001 to establish and operate assisted
community living centres for Senior Citizens.

It has established Care Homes under two Projects in Bengaluru and another one in Bhubaneswar is
nearing Completion. LICHFL Care Homes Limited is also developing a Senior Living project at Vasind in
collaboration with TATA value Homes Limited.

 IT STRATEGY COMMITTEE

1 Dr. Dharmendra Bhandari --Chairman of the Committee--Independent Director

2 Shri V. K. Kukreja --Member --Independent Director
3 Shri. Y Viswanatha Gowd –Member--- Nominee Director
4 Smt. Angel Johnson ---Chief Information Officer ---NA
5 Shri Hitesh Talreja ----Chief Technology Officer

BSE
(LICHSGFIN | 500253 | INE115A01026)

409.50 -7.85 (-1.88%)
18 Mar 21 | 16:00 | All Prices in    
HOUSING LOAN
Housing Loan is a stepping stone in realizing your dream home. LIC HFL offers wide variety of home
loans which will fulfill your needs at one of the lowest interest rates available. Our home loans cater to all
types of customer base viz., salaried, self-employed, professional, NRIs, etc. Our products are
customizable according to your home loan eligibility.

Online Home Loans

Apply for Home Loan online. Click here

LIC HFL Home Loan Features

 Online Home loan sanction facility
 Quick sanction and low EMI
 Simple documentation
 Maximum Tenure of 30 years or attainment of 60 years whichever is earlier
 Amongst the lowest rate of interest
 No Pre-Payment penalty
 Available for construction / purchase of house or flat from private developer or housing boards
and repairs/renovation to the existing properties
 Takeover or balance transfer of existing Home Loans possible

Types of Home Loan

Home Loan for Resident Indian

Home loans or housing loans are available for purchase of underconstruction or ready to move homes.
Housing loans can also be availed for construction of own house. The following are eligible for Home
Loan from LIC Housing Finance Ltd:

1. All Salaried employees working in Private or Government/Public Organizations.

2. Self-employed individuals

The following individuals are also eligible under our Griha Suvidha Home Loan:

1. Employees drawing part of salary in cash

2. Salaried employees seeking home loan term beyond retirement

For information on all eligible customers under Griha Suvidha Home Loan click here.

Home Loan for Non Resident Indian

Home loans are available for individuals working abroad but willing to own a home in India. To know
more click here.

Pradhan Mantri Awas Yojana

A special Housing Loan scheme for First Time Home Buyers by the Government of India. All families
having income of Rs 3 lakh to Rs 18 lakh are eligible under this scheme provided they plan to purchase or
construct their first pucca house. For all details and benefits under the scheme click here. For list of
statutory towns eligible under the scheme visit the official website of National Housing Bank.

Plot Loans

Loans are provided against purchase of residential plots for construction of home within period of 3 years.
For more details on all Plot Loans provided by LIC HFL click here.

Home Improvement Loans

Home Improvement loans are available for existing as well as new customers. For details on Home
Improvement loans click here.

Home Renovation Loans

Home Renovation loans are available for existing as well as new customers. For details on Home
Renovation loans click here.

Top Up Loan

Top Loan is additional loan over home loan provided to existing customers. To know more about top up
loan click here. To know your eligibility and to apply click here.

Balance Transfer

Balance Transfer or Takeover of your existing home loan with other financial institute is also possible. To
know about Balance Transfer to LIC HFL click here. To transfer your existing loan to LIC HFL click here.

Griha Varishtha - Home Loan for Pensioners

Home Loan is extended to individuals having pension benefit with loan tenure upto 80 years of age.
Additional benefits are also offered to such borrowers on joint application with children. To know
more click here.

Interest Rate on Home Loan

 Rate of Interests (Floating - Linked to LHPLR) Current LHPLR - 14.70%

Salaried & Non-Salaried & Non

Loan slab CIBIL Score Professional Professional

Upto Rs. 50 Lakhs CIBIL >= 6.90% 7.00%

700

CIBIL 650 – 7.10% 7.20%

699

CIBIL 600 - 7.30% 7.40%

649

CIBIL < 600 7.50% 7.60%

More than 50 Lakhs & Up CIBIL >= 6.90% 7.00%

to Rs. 1 Cr 700

CIBIL 650 – 7.30% 7.40%

699
 Salaried & Non-Salaried & Non
Loan slab CIBIL Score Professional Professional

CIBIL 600 - 7.60% 7.70%

649

CIBIL < 600 7.70% 7.80%

More than 1 Cr & Up to Rs. CIBIL >= 6.90% 7.00%

3 Crs 700

CIBIL 650 – 7.40% 7.50%

699

CIBIL 600 - 7.70% 7.80%

649

CIBIL < 600 7.70% 7.80%

 
 Salaried & Non-Salaried & Non
Loan slab CIBIL Score Professional Professional

More than Rs. 3 Crs & upto CIBIL >= 6.90% 7.00%
Rs 15 Cr 700

CIBIL 650 – 7.50% 7.60%

699

CIBIL 600 - 7.70% 7.80%

649

CIBIL < 600 7.80% 7.90%

Loan Slab Salaried & Professional Non-Salaried & Non Professional

Up to Rs. 50 Lakhs  (Cibil <=0 ) 7.40% 7.50%

 Product Name Interest Type Loan Slab ROI

Upto Rs.50 lacs 10.05%

My Choice –Sure Fixed
& Fixed for Entire loan
Apna Ghar (PMAY-CLSS)- tenure
Sure Fixed Above Rs.50 lacs & upto 10.15%
Rs.5 crs

* 1)  In case of joints applicants, CIBIL score of applicant having highest score will be considered

   2)  For cases where CIBIL score is Zero or less and loan amount is more than Rs 50 Lakhs & up to
Rs 15 Crs, the ROI applicable will be as per the CIBIL score less than 600 in the respective categories

Maximum Loan Amount and Repayment Period

Loan to Property Cost

 90% of Property value for loan upto Rs.30 lakh

 80% of Property value for loan more than Rs. 30 lakh and upto Rs.75 lakh
 75% of Property value for loan above Rs.75 lakh

Maximum repayment period

 For salaried upto 30 years
 For self-employed upto 20 years

The above is subject to the repaying capacity and age of the applicant.

Calculator

Plan your Home Loan using our Calculator. Know the Home loan amount you are eligible for and the EMI
against your loan.

EMI Calculator   Loan Eligibility calculator

 
Home Loan Documents

KYC documents:

 Pan Card
 Aadhaar Card
 For NRIs, passport is required
 Proof of residence

Income documents:

 Salary slips and Form No.16 for salaried

 Last 3 years income tax returns along with financials for self-employed or professionals
 Bank statements for last 6 to12 months

Property Documents (incase property is identified):

 Proof of ownership of property

 In case of flats, allotment letter of builder/society
 Up to date tax paid receipt

HOME RENOVATION LOAN

 
PMAY PRADHAN MANTRI AWAS YOJANA

About Pradhan Mantri Awas Yojana (PMAY)

Pradhan Mantri Awas Yojana- Credit Linked Subsidy Scheme (PMAY-CLSS) enables home loan
borrowers purchasing or constructing their first pucca house to get subsidy credited into their loan
account of upto 2.67 lakh.

Key Highlights of the Scheme

Period of the Scheme

EWS / LIG MIG-I / MIG-II

17.06.2015 onwards 01.01.2017 onwards

Coverage:

All Statutory Towns as per Census 2011 and towns notified subsequently including planning area as
notified with respect to Statutory Town.

EWS / LIG MIG-I / MIG-II

New Construction, acquisition and addition of rooms, Interest Subsidy on housing loan for
kitchen, toilet etc to existing dwelling as incremental acquisition / construction of houses
housing (including re-purchase)

Eligibility Criteria for Beneficiaries:

1. Beneficiary family will comprise of husband, wife and unmarried children. An adult earning
member (irrespective of marital status) can be treated as a separate household.
2. In case of married couple, either of the spouses or both together in joint ownership will be eligible
for single house, subject to income eligibility of the household under the scheme.
3. In case of EWS/LIG, the Unit should be in the name of the female head of the household or in the
joint name of the male head of the household and his wife. In case when there is no adult female
member in the family, the house can be in the name of male member of the household.
 4. The beneficiary family should not own a pucca house either in his/her name or in the name of any
member of his/her family in any part of India.
5. Should have not availed Central assistance under any housing scheme from Government of India

Apply Online for Home Loan under PMAY

Apply for Home Loan under Pradhan Mantri Awas Yojana-Credit Linked Subsidy Scheme (PMAY-CLSS)
online. Click here

ILLUSTRATIVE EXAMPLES:

Assuming loan tenure of 20 yrs & Rate of Interest @8.35%:

1. Beneficiary under EWS/LIG:

LOAN EMI BEFORE REDUCED EMI MONTHLY SAVING OVER 20

AMT SUBSIDY AFTER SUBSIDY SAVING YRS LOAN
CREDIT CREDIT TENURE

3,00,000 2,575 1,428 1,147 2,75,280

6,00,000 5,150 2,856 2,294 5,50,560

10,00,000 8,584 6,289 2,295 5,50,800

For Rs.10 lacs loan, Total Savings = Rs.5,50,800 (Saving over 20 yrs loan tenure) + Rs.2,67,280
(Maximum subsidy amt) = Rs.8,18,080/-

2. Beneficiary under MIG-I:

LOAN EMI BEFORE REDUCED EMI MONTHLY SAVING OVER 20

SUBSIDY AFTER SUBSIDY SAVING YRS LOAN
CREDIT TENURE
 AMT CREDIT

6,00,000 5,150 3,805 1,345 3,22,800

9,00,000 7,725 5,707 2,018 4,84,320

12,00,000 10,300 8,283 2,017 4,84,080

For Rs.12 lacs loan, Total Savings = Rs.4,84,080 (Saving over 20 yrs loan tenure) + Rs.2,35,068
(Maximum subsidy amt) = Rs.7,19,148/-

3. Beneficiary under MIG-II:

LOAN EMI BEFORE REDUCED EMI MONTHLY SAVING OVER 20

AMT SUBSIDY AFTER SUBSIDY SAVING YRS LOAN
CREDIT CREDIT TENURE

9,00,000 7,725 6,244 1,481 3,55,440

12,00,000 10,300 8,325 1,975 4,74,000

15,00,000 12,875 10,900 1,975 4,74,000

For Rs.15 lacs loan, Total Savings = Rs.4,74,000 (Saving over 20 yrs loan tenure) + Rs.2,30,156
(Maximum subsidy amt) = Rs.7,04,156/-

LIC HFL Home Loan Features

 Online Home loan sanction facility
 Quick sanction and low EMI
 Simple documentation
 Maximum Tenure of 30 years or attainment of 60 years whichever is earlier.
 Amongst the lowest rate of interest
 No Pre-Payment Penalty.
 Available for construction / purchase of house or flat from private developer or housing boards
and repairs/renovation to the existing properties.

Interest Rate on Home Loan

Rate of Interests (Floating - Linked to LHPLR) Current LHPLR - 14.70%

Salaried & Non-Salaried & Non

Loan slab CIBIL Score Professional Professional

Upto Rs. 50 Lakhs CIBIL >= 6.90% 7.00%

700

CIBIL 650 – 7.10% 7.20%

699

CIBIL 600 - 7.30% 7.40%

649

CIBIL < 600 7.50% 7.60%

 Salaried & Non-Salaried & Non
Loan slab CIBIL Score Professional Professional

More than 50 Lakhs & Up CIBIL >= 6.90% 7.00%

to Rs. 1 Cr 700

CIBIL 650 – 7.30% 7.40%

699

CIBIL 600 - 7.60% 7.70%

649

CIBIL < 600 7.70% 7.80%

More than 1 Cr & Up to Rs. CIBIL >= 6.90% 7.00%

3 Crs 700
 Salaried & Non-Salaried & Non
Loan slab CIBIL Score Professional Professional

CIBIL 650 – 7.40% 7.50%

699

CIBIL 600 - 7.70% 7.80%

649

CIBIL < 600 7.70% 7.80%

More than Rs. 3 Crs & upto CIBIL >= 6.90% 7.00%
Rs 15 Cr 700

CIBIL 650 – 7.50% 7.60%

699

CIBIL 600 - 7.70% 7.80%

649

CIBIL < 600 7.80% 7.90%

 Salaried & Non-Salaried & Non
Loan slab CIBIL Score Professional Professional

Loan Slab Salaried & Professional Non-Salaried & Non Professional

Up to Rs. 50 Lakhs  (Cibil <=0 ) 7.40% 7.50%

Product Name Interest Type Loan Slab ROI

Upto Rs.50 lacs 10.05%

My Choice –Sure Fixed
& Fixed for Entire loan
Apna Ghar (PMAY-CLSS)- tenure
Sure Fixed Above Rs.50 lacs & upto 10.15%
Rs.5 crs

* 1)  In case of joints applicants, CIBIL score of applicant having highest score will be considered

   2)  For cases where CIBIL score is Zero or less and loan amount is more than Rs 50 Lakhs & up to
Rs 15 Crs, the ROI applicable will be as per the CIBIL score less than 600 in the respective categories

Maximum Loan Amount and Repayment Period

Loan to Property Cost

  90% of Property value for loan upto Rs.30 lakh
 80% of Property value for loan more than Rs. 30 lakh and upto Rs.75 lakh
 75% of Property value for loan above Rs.75 lakh

Maximum repayment period

 For salaried upto 30 years
 For self-employed upto 20 years

The above is subject to the repaying capacity and age of the applicant.

Calculator

Plan your Home Loan using our Calculator. Know the Home loan amount you are eligible for and the EMI
against your loan.

EMI Calculator   Loan Eligibility calculator

Home Loan Documents

KYC documents:

 Pan Card
 Aadhaar Card
 For NRIs, passport is required
 Proof of residence

Income documents:

 Salary slips and Form No.16 for salaried

 Last 3 years income tax returns along with financials for self-employed or professionals
 Bank statements for last 6 to12 months

Property Documents (incase property is identified):

 Proof of ownership of property

 In case of flats, allotment letter of builder/society
 Up to date tax paid receipt

Disclaimer: All loans are sanctioned at