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| ›› Home ››
LICHFL ›› Loans ››
Others |
Home Entity :
Griha Vikas
Purpose : Personal Loan for childrens' educations /
marriage expenses etc.
Loan Amount : Min Rs.1,00,000 Max Rs.50,00,000.
Loan to Property Cost : 60% of the guideline value as per
Sub Registrar's Office.
Minimum property value should be Rs. 5 Lakhs.
Loan Term : Upto 10 Years or Retirement Age or 70 years of
Age, whichever is earliest.
Repayment Mode : Equated Monthly Instalments (EMI) - Monthly
Rest Basis.
Security : 1. Equitable Mortgage of House/Flat
2. One Guarantor.
Risk Cover : Life Insurance Cover is not required but advisable
in the interest of the Applicants.
Front End Charges : 1.00% of Loan Sanctioned.
This scheme is applicable to both Resident & Non-Residient
Indians.
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Consumer Durables :
Sampurna Griha (A)
Purpose< :Loans for purchasing Consumer Durables like Computer,
TV, AC, Music System, Washing Machine, Refrigerator, Micro Oven,
Cooking Range and Furniture to fresh borrowers (as a part of
housing loan sanctioned).
Loan Amount : Min Rs. 25,000 Max Rs.2,00,000.
Loan to Property Cost : Not exceeding 5% of total Cost of
the property including Stamp Duty and Registration Charges.
Loan Term : To be paid along with the Housing Loan sanctioned.
Repayment Mode : To be paid along with the Housing Loan sanctioned.
Security : Same security as under Housing Loan sanctioned.
Risk Cover : Any existing or new policy under any acceptable
plan of insurance (issued by LIC of India), having risk cover
to the extent of loan amount.
Front End Charges : 1.00% of Loan Sanctioned.
Rate Of Interest : Contact nearest Area Office for details
on the Interest rates
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| Loans to Professionals : |
Apna Office
Purpose
Loan Amount
:
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Loans to Professional like Doctors, Engineers, Architects,
Chartered Accountants, Management Consultants, Company Secretaries
etc for construction / purchase / renovation of clinic or
office premises.
Min Rs. 2,00,000 Max Rs.1 Crore.
Loan to Property Cost : 85% of the cost of the project.
Loan Term : 5 to 10 Years.
Repayment Mode : Equated Monthly Instalments (EMI) - Monthly
Rest.
Security : 1. Equitable Mortgage of Project Land & Structures
thereon.
2. One Guarantor.
Risk Cover : Life Insurance Cover is not required but advisable
in the interest of the Applicants.
Front End Charges
: Upto Rs.25,00,000 : 1.00% of Loan Sanctioned (Max. Rs.20,000).
Above Rs.25,00,000 : Rs.25,000.
Rate Of Interest : Contact nearest Area Office for details
on the Interest rates
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