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LIC Housing Loan Against Property for ₹20 Lakh

EMI: ₹26,430/month at 10%. Min income: ₹48,055/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
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Monthly Income
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Existing EMIs
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New Loan EMI
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Remaining Income
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LIC Housing Loan Against Property for ₹20 Lakh - Key Details

Interest Rate
10% p.a.
Monthly EMI
₹26,430
Total Interest
₹11,71,600
Total Payment
₹31,71,600
Min Income Required
₹48,055/mo
Processing Fee
0.50% of loan amount + GST

A ₹20 Lakh loan against property from LIC Housing at 10% interest for 10 years will cost you ₹26,430 per month as EMI. You will pay a total interest of ₹11,71,600 over the loan tenure. The minimum monthly income needed is ₹48,055 (assuming no existing EMIs).

Frequently Asked Questions

What is LIC Housing loan against property EMI for ₹20 Lakh?

LIC Housing Loan Against Property EMI for ₹20 Lakh at 10% for 10 years is ₹26,430 per month.

What income do I need for ₹20 Lakh loan against property from LIC Housing?

You need a minimum monthly income of ₹48,055 for a ₹20 Lakh loan against property from LIC Housing (at 10% rate, assuming no existing EMIs).

What is the total interest on ₹20 Lakh loan against property from LIC Housing?

The total interest payable on ₹20 Lakh loan against property from LIC Housing at 10% for 10 years is ₹11,71,600.

What is LIC Housing's processing fee for ₹20 Lakh loan against property?

LIC Housing charges a processing fee of 0.50% of loan amount + GST for Loan Against Property.

Can I prepay my LIC Housing loan against property?

LIC Housing Loan Against Property prepayment policy: 2% for fixed, nil for floating.

₹20 Lakh Loan Against Property from Other Banks

SBIFrom 8.70 - 10.90%HDFC BankFrom 9.00 - 11.50%ICICI BankFrom 9.20 - 11.75%Axis BankFrom 9.50 - 14.95%Kotak Mahindra BankFrom 9.10 - 12.50%Bank of BarodaFrom 9.15 - 12.15%PNBFrom 9.00 - 11.50%Canara BankFrom 8.95 - 12.00%Union BankFrom 9.00 - 11.80%Indian BankFrom 9.10 - 11.60%

Other LIC Housing Loan Against Property Amounts

₹10 LakhEMI ₹13,215/mo₹30 LakhEMI ₹39,645/mo₹50 LakhEMI ₹66,075/mo₹75 LakhEMI ₹99,113/mo₹1 CroreEMI ₹1,32,151/mo₹1.5 CroreEMI ₹1,98,226/mo₹2 CroreEMI ₹2,64,301/mo