Get the Benefits from Reliable Lic Housing Finance
Home finance is the best choice for every individual who needs a secure loan for a dream house. Types of housing finance such as purchase loans, housing construction loans, housing extension loans, housing conversion loans, loans for purchasing lands, stamp duty loans, and so on. Housing finance is mostly effective for every individual who need loans for these above-mentioned purposes. In India, many banks offer the housing finance to fulfill their needs. The LIC agency provides an affordable housing finance to their customer’s with great manner. The terms and conditions are also acceptable by all new customers or other old customers.
Eligibility for housing finance in LIC:-
You can easily check the eligibility criteria through the online site. Now, you no need to waste your time to check the eligibility in the office stands in the queue. The individual must salary in any of government or non-government sector. Before choosing the housing finance make sure you have the capability to repay the loan amount on the due date. The online site provides all accessibility to check the eligibility amount through the loan eligibility calculator. You can enter by manually as monthly income, the interest rate for your loan amount, durations to repay loan amount, and how much you need per month. Now, you get the result of eligibility for the loan amount. The online calculator shows the exact answer to pay the loan amount. The calculation is based on the borrower needing loan amount for certain years.
The customer has to submit some proofs such as voter ID, PAN card or another passport. The address proof like last 5 telephone bills, electricity bills, ration card, etc. The statements or bank passbook for a previous two years. If the borrower a salaried person, the bank needs salary slip for at least 6 months and form 16. If the aspirant has a self-employed or a business person, the bank needs the statement of income and three years of financials such as balance sheet, loss account, etc.
Benefits of lic housing loan:-
Most of the individual choose the scheme of lic housing finance to get the complete benefits of the organization. The lic also provides many benefits to saving and secure the loan amount for various expenses. The lic housing finance is not as short term or a long term; it is based on the customer required money. While the individual plan to construct or purchase a new home; the right choice to the individual is lic housing finance. Before choosing the lic finance to make sure in terms and conditions completely; it is for your future safety. By the use of housing finance; it provides the full security through online payment anywhere and anytime. The best savings for housing finance with fewer interest rates to save more for your dream home. The online site provides the full support to their customer any queries about the plan or other based on the scheme. The online mode gives the effective way to save many for all eligible customers.