LIC HFL: 7.50% on new home loans..!
LIC
Housing Finance (LIC HFL), India’s
largest housing finance company, has reduced its Rate of Interest on new home
loans by 0.5%. With this revision, interest rates on new home loan sanctions will
now start from 7.50%, effective June 19, 2025, coinciding with
the company’s 36th Foundation Day.
This move
follows the recent repo rate cuts announced by the RBI’s Monetary Policy
Committee (MPC), with LIC HFL passing on the benefit to new home loan customers
to encourage home ownership and improve affordability.
Commenting
on the announcement, Shri Tribhuwan Adhikari, MD & CEO, LIC Housing
Finance said "As we mark our 36th Foundation Day, we remain committed to
making home ownership more accessible. The rate cut is a continuation of our
effort to align with RBI’s policy direction and pass on the benefits to our
customers. We are confident this move will provide an added boost to housing
demand, especially in the affordable and mid-income segments, where aspirations
of owning a home are closely tied to interest rate dynamics."
For more details and loan taken contact
S. Karthikeyan, Founder - Mentor
WINWORTH, https://winworthwealth.com/
OFFICE:
10-B, 1st Floor, Tharamani 100 Feet
Road, Baby Nagar, Velachery, Chennai - 600042
+91 98409 36032 / 044 42180009
Fellow Chartered Accountant S.
Karthikeyan is the Founder of WINWORTH. Financial Advisor from the esteemed
Asia Pacific region Singapore Financial Services Associate.
He has visited over 15 nations, some of which are from the US, the UK, Dubai,
Hong Kong, etc. and took part in numerous workshops, primarily on insurance as
a business trip. It is a state-of-the-art financial planning company that looks
for the best ways to enhance your income while guaranteeing you, not just
stability but also luxury.
Our primary goal is "How to make
ten crores in fifteen years of your life ". However, it can't be
finished in a single day. It can only be attained through proper and systematic
methods. Investments and that's the position we take!
Winworth's experience managing the finances of NRI clientele both outside
and in India.
