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HOUSING LOAN SCHEMES Home Loan Home Extension Loan Home Improvement Loan Full Cover Free insurance

ance cover NRI Care Taker Loans Plot Loans

LICHFL Home Loans LICHFL Home Loans are offered to Individuals, Co-operative Societies, Corporate bodies and Associations of Persons. The home loan seeker can avail loans up to Rs. 100,00,000/- but not exceeding 85% of the cost of the property. The actual loan amount is determined after taking into account factors like repayment capacity, age, educational qualifications, stability and continuity of income, number of dependents, coapplicant's income, assets, liabilities, saving habits etc. The tenure of the loan ranges from 1 to 20 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals). The size of the EMI depends on the quantum of loan, interest rate applicable and tenure of loan.

LICHFL has a Regressive Payment Scheme meant for home loan seekers who are due for retirement within the term of the loan and have applied jointly with an eligible younger co-applicant. Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by LICHFL from time to time. Range Minimum Maximum Amount (Rs) 1,00,000 1,00,00,000 Tenure 5-10 years 5-20 years Rate of interest 10.50 10.50

Samarth Home loan for the self employed: LICHFL has pioneered a home loan for self employed people. As a category they have been ignored by the housing finance community. There are two reasons for this reluctance to do business with them. The first reason is that they have variable monthly income, even the prospects of some months without income. The second is that even if they have the money, they dont have the necessary documentation that proves them credit worthy. LICHFL has pioneered a process which facilitates the assessment of income through an independent source other than the income tax authority.

Eligibility criteria The self employed person should be more than 18 years and less than 65 years of age. The applicant is self employed /trader or engaged in service industry. The applicant should have been in the same line of business for a minimum period of 5 years or should have inherited the business from parents. The applicant should be able to contribute at least 40% of the total sum required. Sales Tax Registration or any other registration of business required by statutory authorities / local laws is mandatory. The business premises should be owned / inherited. Business premises should not be on encroachment land without title to property or deviated in construction from approved plans. LICHFL Home Extension Loans Home Extension Loans are offered to individuals who wish to extend the existing accommodation, say by adding a bedroom, enclosing open balcony, building an extra room on the terrace etc. The customers can avail these loans up to Rs. 100,00,000-/ but not exceeding 85% of the cost of the extension. The actual loan amount is determined after taking into account factors like repayment capacity, age, educational qualifications, stability and continuity of income, number of dependents, coapplicant's income, assets, liabilities, saving habits etc. The tenure of the loan ranges from 1 to 20 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for the self employed

individuals). The size of the EMI depends on the quantum of loan, interest rate applicable and tenure of loan. LICHFL has a Regressive Payment Scheme meant for applicants who are due for retirement within the term of the loan and have applied jointly with an eligible younger co-applicant. Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by LICHFL from time to time. LICHFL Home Improvement Loans Home Improvement Loans are offered to Individuals for the purpose of renovation and repainting their homes. Customers can avail these loans up to Rs.100, 00,000-/ but all loans availed not exceeding 85% of the total documented cost of the property. The actual loan amount is determined after taking into account factors like repayment capacity, age, educational qualifications, stability and continuity of income, number of dependents, co-applicant's income, assets, liabilities, saving habits etc. The tenure of the loan ranges from 1 to 10 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for the self employed individuals). The size of the EMI depends on the quantum of loan, interest rate applicable and tenure of loan. LICHFL has a Regressive Payment Scheme meant for applicants who are due for retirement within the term of the loan and have applied jointly with an eligible younger co-applicant. Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by LICHFL from time to time.

Sampoorna Rakshak - Free Insurance Cover Sampoorna Rakshak is a triple protection insurance plan designed especially for the customers of LICHFL. This unique insurance plan has been arranged in association with Future Generali India Insurance Co. Ltd. This plan provides insurance cover for damage caused to property due to natural disasters/calamities, personal accident and loss of job. The plan covers your home for losses due to Fire, Lightning, Earthquake, Impact damage, Explosion & Implosion, Aircraft Damage, Bush Fire, Riot, strike, Malicious damage, Missile testing, Subsidence and landslide/rockslide, Leakage from Automatic Sprinkler Installations, Bursting and/or overflowing of Water Tanks, Apparatus and Pipes. LICHFL offers Sampoorna Rakshak to its customer FREE of cost.

NRI Care Taker Loans NRI Home Loans are offered to Non Resident Indians (NRIs) for residential properties in India. These loans can be availed for purchase, construction, improvement & extension also. The NRI's can avail these loans up to Rs. 100, 00,000-/ but not exceeding the 85% of the cost of property / estimate (for improvement / extension). The actual loan amount is determined after taking into account factors like repayment capacity, age, educational qualifications, stability and continuity of income, number of dependents, co-applicant's income, assets, liabilities, saving habits etc. The tenure of the loan ranges from 1 to 15 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier. The size of EMI depends on the quantum of loan, interest rate applicable and tenure of loan.

Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by LICHFL from time to time. LICHFL Plot Loans LICHFL Plot Loans can be availed by individuals, whether salaried or self employed, to purchase non - agricultural land situated within Municipal / Local Development Authority limits. The loan seekers can avail these loans up to Rs. 10,00,000/- but not exceeding 85% of the cost of the plot. The tenure of the loan ranges from 1 to 20 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals). Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by LICHFL from time to time.