The new offer announced on Thursday is available to all borrowers CIBIL Score 700 and above, irrespective of their occupation: e salaried or professional/ self-employed, a release said.
It is available for loans sanctioned from September 22 to November 30, 2021, provided the first disbursement is made on or before December 31, 2021.
Home Financier Managing Director and CEO Y Vishwanath Goud said the lender has been an early mover in offering 6.66 per cent on home loans up to Rs 50 lakh with effect from July 1, 2021 and has now offered the same rate for loans up to Rs 2 lakh. has been extended. Ten million.
“By segmenting borrowers with CIBIL score of 700 and above for special rates irrespective of the category of employment, LIC HFL aims to cater to a larger base of borrowers. This move is in line with the demand for larger spaces and affordability. We We also see good traction of home loans in this ticketing range,” said Goud.
The lender has waived its processing fee for loans up to a maximum of Rs 10,000 or 0.25 per cent of the loan amount, whichever is less, up to Rs 2 crore.
The lowest rate of 6.66 percent is available on all home Loan including products home senior Special scheme for borrowers covered under defined pension benefit scheme which includes waiver of six EMIs, the release said.
NS HomeWai App Launched by the lender, it provides the facility to apply for home loans digitally and get approval online, it said.
earlier this week,
(HDFC Limited) had announced the offer of Utsav Home Loans starting at 6.70 per cent for a limited period for new customers.