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LIC Housing Loan Against Property for ₹50 Lakh

EMI: ₹66,075/month at 10%. Min income: ₹1,20,137/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 Loan Against Property for ₹50 Lakh - Key Details

Interest Rate
10% p.a.
Monthly EMI
₹66,075
Total Interest
₹29,29,000
Total Payment
₹79,29,000
Min Income Required
₹1,20,137/mo
Processing Fee
0.50% of loan amount + GST

A ₹50 Lakh loan against property from LIC Housing at 10% interest for 10 years will cost you ₹66,075 per month as EMI. You will pay a total interest of ₹29,29,000 over the loan tenure. The minimum monthly income needed is ₹1,20,137 (assuming no existing EMIs).

Frequently Asked Questions

What is LIC Housing loan against property EMI for ₹50 Lakh?

LIC Housing Loan Against Property EMI for ₹50 Lakh at 10% for 10 years is ₹66,075 per month.

What income do I need for ₹50 Lakh loan against property from LIC Housing?

You need a minimum monthly income of ₹1,20,137 for a ₹50 Lakh loan against property from LIC Housing (at 10% rate, assuming no existing EMIs).

What is the total interest on ₹50 Lakh loan against property from LIC Housing?

The total interest payable on ₹50 Lakh loan against property from LIC Housing at 10% for 10 years is ₹29,29,000.

What is LIC Housing's processing fee for ₹50 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.