LIC Housing Loan Eligibility

I want to get information about the LIC Housing Loan Eligibility means Documentation needed to apply for an LIC Home Loan as well as LIC Home Loan Interest Rates. So here can you provide me information abou tit?

[Kiran Chandar]

As per your request here I am providing you information about the LIC Housing Loan Eligibility means Documentation needed to apply for an LIC Home Loan as well as LIC Home Loan Interest Rates.

Documentation needed to apply for an LIC Home Loan
1. Signed application form with photograph

2. ID and residence proof

3. Processing fee cheque

4. Last 6 months bank statements

5. Documentation for salaried applicants:

- Last 3 months salary-slips

- Form 16 or Income Tax Returns

6. Documentation for self-employed applicants:

- Education qualification certificate & proof of business existence

- Last 3 years Income Tax Returns with computation of Income

- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account


LIC Home Loan Interest Rates
LIC Home Loan Details
Interest Rate (Floating)
9.90% to 9.60%

Processing Fees
Rs.10000 + S.T for loan amounts upto 50 lacs and Rs.15000 + S.T for loan amounts above 50 lacs

Loan Tenure
5 years to 30 Years

Here I am providing you complete information about it as you want;
Salaried
AGE
18years to 60years
Income Rs.15000 (p.m) NTH

Min. Loan Amount
Rs.10,00,000

Tenure
30 years

Current Experience
2 years


Processing Fees
Up to 50 lacs : 10,000 +(Service tax)
50 lacs & above : 15,000 +(service tax)
Zero Processing fees for Women (Offer Valid till 21st Nov 2015)* T&C apply

Documentation
1) Application form with photograph.

2) Identity & residence proof.

3) Latest 3 months salary slip.

4) Form 16

5) Last 6 months salaried bank statements

6) Processing fee cheque

Self employed
AGE
18years to 60years

Income
ITR - 2,00,000(p.a)

Min. Loan Amount
Rs.10,00,000

Tenure
25 years

Current Experience
3 years

Processing Fees
Up to 50 lacs : 10,000 +(Service tax)
50 lacs & above : 15,000 +(service tax)
Zero Processing fees for Women (Offer Valid till 21st Nov 2015)* T&C apply

Documentation
1) Application form with photograph.

2) Identity & residence proof.

3) Education qualifications certificate & proof of business existence.

4) Business profile, Last 3 years profit/loss & balance sheet.

5) Last 6 months bank statements.

6) Processing fee cheque