Housing finance company
LIC Housing Finance
One of India's largest housing finance companies with a long track record in home loans.
Best for: Home buyers seeking HFC flexibility with competitive rates.
Apply with pre-screening
We check your profile against LIC HFL's policy and others on the panel before any application.
Typical strengths
- Competitive home loan rates
- Long tenures
- Nationwide presence
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by LIC Housing Finance under its credit policy.
Products
What we arrange with LIC HFL
- Home Loan
- Loan Against Property
- Home Loan Balance Transfer
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Home Loan Balance Transfer
Move an existing home loan to a lender offering a lower rate, from about 7.35% p.a., with an optional top-up for renovation or other needs. Savings often run into lakhs over the remaining tenure.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Our read
Where LIC HFL fits
LIC Housing Finance is a long-established housing lender with a nationwide footprint and a track record measured in decades rather than funding rounds. For a home buyer who wants housing finance company flexibility without moving to a smaller or newer institution, it is the steady choice.
Long tenures and a willingness to look at a range of property types make it useful where a bank has hesitated over the building's age or the borrower's income structure. It is not the fastest lender on the panel, and we plan timelines accordingly.
Worth knowing
- Processing is thorough rather than quick, so allow time if you have a booking deadline.
- A longer tenure lowers the instalment and raises the total interest you pay; the cheaper monthly figure is not a cheaper loan.
Our assessment, not a statement of LIC Housing Finance’s policy. Terms are set by the lender and can change.
Questions
LIC HFL: common questions
Why choose a housing finance company over a bank?
Greater flexibility on property type and on income that is not a straightforward salary. Banks usually price better for a clean file, so the choice depends on which part of your file is awkward.
Should I take the longest tenure offered?
Only if you need the lower instalment. A longer tenure increases total interest substantially, and we show you both numbers before you decide.
Will it lend on an older building?
It is generally more accommodating than a bank on property age and type, though every case turns on the legal and technical review. We check before you commit.
Compare
Other housing finance companys on the panel
The best lender for you depends on your profile. We compare before you apply.
Is LIC HFL the right lender for you?
Share your requirement and we will compare it against the whole panel, at no cost and with no bureau enquiry.