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What is the maximum interest rate allowed by law in India?
As per money lending act, interest on loans cannot be charged exorbitantly. The normal interest that shall be chargeable shall restrict to 24\% pa.
Which loan is cheaper as per interest rate?
A good credit score can get you lower home loan interest rates….Home Loan Interest Rates of Top Lenders in India.
| Home Loan Lenders | Rate of Interest (in per annum) |
|---|---|
| State Bank of India (SBI) | 6.70\%-6.90\% |
| Axis Bank | 6.75\% – 7.20\% |
| ICICI Bank | 6.70\% – 7.55\% |
| Bank of Baroda | 6.75\% – 8.25\% |
What is the interest rate for LIC policy?
LIC Interest Rate Comparison
| Particulars | LIC | HDFC Bank |
|---|---|---|
| Interest Rate | Starting from 9\% | 10.75\% to 21.30\% |
| Tenure | 6 to 60 months | 12 to 60 months |
| Loan amount | Up to 90\% of the policy’s surrender value | Up to Rs. 15 lakh |
| Processing Fee | NIL | Up to 2.50\% of the loan amount |
What is the interest rate of LIC Housing Finance for home loan?
Interest rates starts from 8.40\%. LIC Housing Finance Ltd. is one of the largest Housing Finance Company in India. LIC Housing Finance Offering Loans for Purchase, Construction, Extension, Repairs/Renovations, Purchase of Plot & take over from other Institutions/Banks + Top up. It provides Housing Loan for long term Finance with low Interest Rates.
Are You being cheated by LIC Housing Finance Ltd (lichfl)?
Many people who have taken loan from LIC Housing Finance Ltd. (LICHFL) are complaining that they are being cheated by LICHFL by charging a high interest rate for the home loan they have taken few years back.
What is the interest rate of LIC HFL 2021?
LICHFL Home Loan Interest Rate 2021 LIC HFL home loan interest rates start at 6.90\% p.a. The rates vary from scheme to scheme and depends on your type of employment, i.e., salaried or self-employed. There are a number of home loan schemes offered by LIC Housing Finance.
How to reach LIC Housing Finance Customer Care 24×7?
You can reach the LIC Housing Finance Customer Care 24×7 through call, email and post. You can also visit their nearest branch to share your grievance or register a complaint. The details of LIC Housing Finance Customer Care are: