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LIC Housing Home Loan for ₹1 Crore

EMI: ₹86,782/month at 8.5%. Min income: ₹1,57,786/month.

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Your Details
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

LIC Housing Home Loan for ₹1 Crore - Key Details

Interest Rate
8.5% p.a.
Monthly EMI
₹86,782
Total Interest
₹1,08,27,680
Total Payment
₹2,08,27,680
Min Income Required
₹1,57,786/mo
Processing Fee
0.25% of loan amount + GST (max ₹15,000)

A ₹1 Crore home loan from LIC Housing at 8.5% interest for 20 years will cost you ₹86,782 per month as EMI. You will pay a total interest of ₹1,08,27,680 over the loan tenure. The minimum monthly income needed is ₹1,57,786 (assuming no existing EMIs).

Frequently Asked Questions

What is LIC Housing home loan EMI for ₹1 Crore?

LIC Housing Home Loan EMI for ₹1 Crore at 8.5% for 20 years is ₹86,782 per month.

What income do I need for ₹1 Crore home loan from LIC Housing?

You need a minimum monthly income of ₹1,57,786 for a ₹1 Crore home loan from LIC Housing (at 8.5% rate, assuming no existing EMIs).

What is the total interest on ₹1 Crore home loan from LIC Housing?

The total interest payable on ₹1 Crore home loan from LIC Housing at 8.5% for 20 years is ₹1,08,27,680.

What is LIC Housing's processing fee for ₹1 Crore home loan?

LIC Housing charges a processing fee of 0.25% of loan amount + GST (max ₹15,000) for Home Loan.

Can I prepay my LIC Housing home loan?

LIC Housing Home Loan prepayment policy: Nil for floating rate.