If you are planning to take a home loan to buy a house, then the festive season can be the right time for you. During this period, apart from banks, housing finance companies have also reduced home loan interest rates.
Meanwhile, LIC Housing Finance (LIC HFL) has also given a special gift to its customers. The company said that for home loans up to Rs 2 crore, a minimum interest of 6.66 percent will now be payable. Earlier in July, the company had offered an interest rate of 6.66 per cent for home loan amount up to Rs 50 lakh. This means that the rate of interest will remain the same but the limit of the loan amount has increased from Rs 50 lakh to Rs 2 crore.
LIC HFL said in a statement that this rate is available to all borrowers with a CIBIL score of 700 or above. The company said that irrespective of the profession of the customer, he can apply. This rate is for loans sanctioned from 22 September to 30 November 2021.
Share price of LIC Housing: Meanwhile, the share price of LIC Housing Finance closed with a gain of 2.30 percent on the Bombay Stock Exchange on Thursday. The share price of the company stood at Rs 440.45 at the end of trading. Talking about the market capital, it is Rs 24,227.52 crore.
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