Official Rates • Updated Oct 2026LIC Housing Finance Limited Home Loan EMI Calculator 2026
LIC HFL home loan interest rate 7.15% - 10.25% p.a., taken from LIC Housing Finance Ltd's official website. Calculate your monthly EMI, total interest, processing fee and full repayment schedule.
Fifty Lakhs rupees
What is Pre-EMI Period?
For under-construction properties, you don't pay full EMI during construction. Only interest accumulates and is added to your loan amount. Full EMI starts after possession.
Monthly EMI
₹39.22 K
Loan Composition
0.88x
You'll pay 0.88 times the principal as interest
LIC HFL Foreclosure Charge Calculator
See exactly what closing this loan early would cost you — and whether the interest you save makes it worth it.
Closing now leaves you ₹38,85,357 better off
₹40,58,220 interest avoided − ₹1,72,863 fee = ₹38,85,357 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹49,42,602 | ₹1,74,968 | ₹40,59,070 |
| 12 mos | ₹48,83,122 | ₹1,72,863 | ₹38,85,357 |
| 24 mos | ₹47,57,608 | ₹1,68,419 | ₹35,44,717 |
| 36 mos | ₹46,22,820 | ₹1,63,648 | ₹32,13,680 |
| 48 mos | ₹44,78,072 | ₹1,58,524 | ₹28,92,955 |
| 60 mos | ₹43,22,629 | ₹1,53,021 | ₹25,83,304 |
Official LIC HFL Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
“No Pre-payment Charges”
LIC HFL Home Loan Interest Rate & Charges (2026)
Official LIC HFL Rate Page| Interest Rate | 7.15% - 10.25% p.a. |
|---|---|
| Rate Benchmark | Linked to LHPLR (LHPLR for Retail Loans 16.90% / 17.00%) |
| Prepayment / Foreclosure | No Pre-payment Charges |
| Lending Entity | LIC Housing Finance Ltd |
| Effective Date | Interest rate range of contracted loans for the past quarter (Q1 FY2026-27) |
LIC HFL does not publish a home loan rate card. This range is the lowest and highest rate on home loans LIC HFL actually sanctioned in the last reported quarter, from its RBI-mandated disclosure, so treat it as a guide rather than an offer.
Rates last checked against the official LIC HFL website on Oct 2026. Your actual rate depends on your credit score, income and the property.
LIC HFL Home Loan Scheme-wise Rates
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Griha Prakashavg 7.46% | 7.15% - 10.25% |
| Griha Suvidhaavg 7.76% | 7.40% - 9.80% |
| Griha Suvidha Asha Banking Surrogateavg 8.11% | 7.75% - 9.55% |
| Griha Suvidha Asha (without IMGC)avg 8.55% | 8.35% - 9.95% |
| Griha Sugam (IMGC) | from 10.75% |
| Griha Sugam (without IMGC) | from 11.00% |
Compare LIC HFL with Other Home Loan Lenders (2026)
Home loan rates from each lender's official website, sorted by lowest starting rate. EMI and fee columns use the loan amount and tenure from the calculator above.
| Lender | Interest Rate (p.a.) | Est. Monthly EMI | Calculated Processing Fee | Total Payable (incl. fees & interest) |
|---|---|---|---|---|
| 7.00% - 9.65% | ₹38,765 | Up to ₹14,750 | ₹93,18,350 | |
| 7.15% - 9.35% | ₹39,216 | Up to ₹17,700 | ₹94,29,540 | |
| 7.15% - 10.00% | ₹39,216 | Up to ₹11,800 | ₹94,23,640 | |
| 7.15% - 8.55% | ₹39,216 | Up to ₹29,50,000 | ₹1,23,61,840 | |
| 7.15% - 9.25% | ₹39,216 | For offline sanctions: (valid up to 31-03-2026) 50% waiver of processing charges For STP sanctions: (valid up to 31-03-2026) 100% waiver of processing charges | ₹94,11,840 | |
| 7.15% - 10.25% | ₹39,216 | Not published | ₹94,11,840 | |
| 7.20% - 9.10% | ₹39,367 | Housing Loan: Processing Fees* 0.35% of the loan amount Minimum- Rs. 2,500/ Maximum- Rs. 15,000/; Documentation Charges* Rs.1350/-. WAIVER OF PROCESSING/UPFRONT FEES AND DOCUMENTATION CHARGES UNDER "PNB UTSAV FESTIVITIES 2026" CELEBRATE DREAMS, CELEBRATE LIFE FROM 01.10.2026 TO 31.12.2026: Home Loan Upfront Fees / Processing Fees — Full waiver; Documentation Charges — Full waiver. | ₹94,48,080 | |
| 7.20% - 8.95% | ₹39,367 | Processing Charges effective from 01.04.2025 — Baroda Home Loan (All variants), For all channels: Loan amount upto Rs.50.00 lacs- 0.50%, Min: Rs.8,500/- and Max: Rs.15,000/- Loan amount greater than Rs.50.00 lacs- 0.25%, Min: Rs.8,500/- and Max: Rs.25,000/- Takeover: Flat Rs.8,500/- NOTE: Above Charges are excl. of GST. | ₹94,48,080 | |
| 7.20% - 8.30% | ₹39,367 | Not published | ₹94,48,080 | |
| 7.20% - 8.75% | ₹39,367 | Up to ₹23,600 | ₹94,71,680 | |
| 7.25% - 8.55% | ₹39,519 | Up to ₹17,700 | ₹95,02,260 | |
| from 7.25% | ₹39,519 | Up to ₹29,500 | ₹95,14,060 | |
| 7.25% - 9.25% | ₹39,519 | Upto 1.5% of the loan amount or Rs 10000/- whichever is higher (Rs 7500/- is non-refundable in case the disbursal has not been availed). The fee is inclusive of login fee. Login Fee Rs. 5000/- | ₹94,84,560 | |
| 7.25% - 10.65% | ₹39,519 | A nominal fee is charged at the application stage to cover various loan processing costs. | ₹94,84,560 | |
| 7.25% - 20.00% | ₹39,519 | Up to ₹2,36,000 | ₹97,20,560 |
Live figures calculated for ₹50,00,000 over 240 months. Rates and fee formulas sourced directly from each lender's official website (last verified 8 Oct 2026) and auto-refreshed. GST at 18% is added where charged by the lender.
LIC HFL Home Loan EMI: Worked Example
₹50,00,000 at 7.15% p.a. for 20 years (updates with the calculator above)
A rate just 0.5% higher raises this EMI to ₹40,739 and adds ₹3,65,520 in interest over the loan. That gap is why your credit score, and asking LIC HFL to move you to its current lowest rate, matter so much.
Who a LIC HFL Home Loan Suits Best
- Borrowers whose credit score and income qualify them for the starting rate of 7.15%.
- Existing LIC HFL customers, who can often get faster processing or a fee waiver.
- Buyers who want a floating rate and plan to prepay, since floating-rate prepayment is penalty-free.
- Self-employed or informal-income borrowers, if LIC HFL accepts your income documents when larger banks will not.
Who Should Compare First
- Borrowers with a 750+ score: compare the lowest rates in the table above before you accept an offer.
- Anyone offered a rate near the top of the 7.15% - 10.25% range: a 0.5% gap costs lakhs over 20 years.
- Buyers being pushed to take bundled home loan insurance: it is optional, and a separate term plan is often cheaper.
- Borrowers whose EMI would exceed about 40–50% of take-home pay: a smaller loan or longer tenure is safer.
Home Loan Eligibility
Typical norms across Indian lenders. Confirm LIC HFL's exact criteria before applying.
- Age
- Usually 21–65 years, with the loan ending before 70–75
- Income
- Stable salary or business income; lenders keep total EMIs within about 50% of take-home pay
- Credit score
- 750+ for the best rates; 650–700 may still qualify at a higher rate
- Work history
- 2+ years' total experience (salaried) or 3 years of business with ITRs (self-employed)
- Property
- Clear, marketable title and approved building plan; the property is mortgaged to the lender
Documents Required
- Identity & address
- PAN (mandatory), Aadhaar, passport or voter ID
- Income (salaried)
- Last 3 months' salary slips, 6 months' bank statements, Form 16 or ITR for 2 years
- Income (self-employed)
- ITR with computation for 2–3 years, audited P&L and balance sheet, 12 months' bank statements
- Property
- Sale agreement, title deed chain, approved plan, encumbrance certificate, builder NOC and allotment letter for under-construction flats
- Payment proof
- Receipts for the down payment / own contribution already paid
How to Apply for a LIC HFL Home Loan
- Check your credit report and fix errors before applying; every hard enquiry is recorded.
- Use the calculator above to pick an EMI you can comfortably pay, then apply online or at a LIC HFL branch.
- Submit KYC, income and property documents, and pay the processing fee.
- LIC HFL runs legal and technical checks on the property and issues a sanction letter. Compare its rate, fees and reset terms with other offers.
- Sign the loan agreement, register the mortgage, and the loan is disbursed to the seller or builder.
Home Loan Tax Benefits (2026)
From 1 April 2026 these deductions come under the Income-tax Act, 2025, with new section numbers. The limits are unchanged.
| Benefit | Section (old → new) | Old regime | New regime |
|---|---|---|---|
| Interest, self-occupied home | 24(b) → 22 | Up to ₹2 lakh a year | Not allowed |
| Interest, let-out home | 24(b) → 22 | Full interest against rent; loss set-off capped at ₹2 lakh | Allowed against rent only; loss cannot be set off |
| Principal repayment | 80C → 123 | Within the ₹1.5 lakh limit | Not allowed |
| Stamp duty & registration | 80C → 123 | Within the ₹1.5 lakh limit, in the year paid | Not allowed |
Interest on an under-construction home is claimed in five equal parts from the year construction is completed, within the same ₹2 lakh cap. Joint borrowers who are also co-owners can each claim their own limits.
After You Close the Loan
- Collect all original property documents and a no-dues certificate. RBI requires lenders to return them within 30 days of closure, or pay you ₹5,000 for each day of delay.
- Make sure the lender removes its charge from the CERSAI registry and, where registered, releases the mortgage at the sub-registrar.
- Check your credit report a month later to confirm the loan shows as closed.
- If a borrower dies before closure, the co-borrower or legal heirs settle the loan (or an insurance claim does), and the documents are returned to the legal heirs.
LIC Housing Finance Limited Home Loan FAQs
Common questions about LIC HFL home loan interest rates, EMI, charges, prepayment and eligibility in 2026.
What is the LIC HFL home loan interest rate in 2026?
What is the EMI on a ₹50 lakh LIC HFL home loan?
What processing fee does LIC HFL charge on a home loan?
Can I prepay my LIC HFL home loan without a penalty?
How much home loan can I get from LIC HFL?
What CIBIL score do I need for the lowest LIC HFL home loan rate?
What happens to a LIC HFL home loan if the borrower dies?
Home Loan EMI Calculation Formulas
Understand the mathematical formulas used to calculate home loan EMI, interest, and principal components.
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1]Example:
₹50,00,000 loan at 8.5% annual rate for 20 years
Variables:
Interest = Outstanding Principal × Monthly RateExample:
First EMI with ₹50,00,000 outstanding at 0.708% monthly rate
Variables:
Principal = EMI - InterestExample:
First EMI of ₹43,391 with ₹35,400 interest
Variables:
These formulas provide the mathematical foundation for the calculations. Actual results may vary based on rounding, compounding frequency, and specific lender policies.