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LIC Housing Loan Against Property for ₹10 Lakh

EMI: ₹13,215/month at 10%. Min income: ₹24,028/month.

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Your Details
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

LIC Housing Loan Against Property for ₹10 Lakh - Key Details

Interest Rate
10% p.a.
Monthly EMI
₹13,215
Total Interest
₹5,85,800
Total Payment
₹15,85,800
Min Income Required
₹24,028/mo
Processing Fee
0.50% of loan amount + GST

A ₹10 Lakh loan against property from LIC Housing at 10% interest for 10 years will cost you ₹13,215 per month as EMI. You will pay a total interest of ₹5,85,800 over the loan tenure. The minimum monthly income needed is ₹24,028 (assuming no existing EMIs).

Frequently Asked Questions

What is LIC Housing loan against property EMI for ₹10 Lakh?

LIC Housing Loan Against Property EMI for ₹10 Lakh at 10% for 10 years is ₹13,215 per month.

What income do I need for ₹10 Lakh loan against property from LIC Housing?

You need a minimum monthly income of ₹24,028 for a ₹10 Lakh loan against property from LIC Housing (at 10% rate, assuming no existing EMIs).

What is the total interest on ₹10 Lakh loan against property from LIC Housing?

The total interest payable on ₹10 Lakh loan against property from LIC Housing at 10% for 10 years is ₹5,85,800.

What is LIC Housing's processing fee for ₹10 Lakh loan against property?

LIC Housing charges a processing fee of 0.50% of loan amount + GST for Loan Against Property.

Can I prepay my LIC Housing loan against property?

LIC Housing Loan Against Property prepayment policy: 2% for fixed, nil for floating.