Sunday, October 27, 2013

LIC Housing Finance floats two new home loan products

New Delhi: Indian mortgage lender LIC Housing Finance said that it has introduced two home loan products, Bhagyalaxmi Plus and New Fixed 10.
Bhagyalaxmi Plus is aimed at women seeking to become the sole owner of a property, LIC Housing Finance said in a statement.
Under this scheme, the lender is offering a fixed interest rate of 10.35% for loans up to Rs 7.5 million for the first two years, the statement said. The interest rate will then be linked to the floating rate, it added.
Besides, customers availing loans under this scheme will be provided a discount of 0.25% throughout the loan term on conversion to floating rates.




For more info, visit : http://in.finance.yahoo.com/news/lic-housing-finance-floats-two-113311109.html

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