LIC: You can get mortgage data from the consolation of your house by visiting the official web site of LIC and from there you possibly can apply on-line for the mortgage.
LIC Scheme : If you wish to take a mortgage at low cost rate of interest, then you do not want to fret within the financial institution. Now you possibly can simply take a mortgage on LIC’s coverage sitting at residence. Because LIC has additionally began giving private loans to its prospects. You can apply on-line for this LIC mortgage from the consolation of your house. The specialty of this mortgage is that you’ll have to pay much less curiosity on it. Only these individuals who have taken LIC coverage can apply for any such mortgage.
If you wish to take a mortgage towards Life Insurance Policy (LIC) coverage, then you must deposit curiosity for it. Let us inform you that you must pay the bottom curiosity on this. The insurance coverage firm prices you curiosity on the charge of 9 per cent. However, how a lot mortgage you’ll get will depend on your earnings. LIC supplies the ability of non-public mortgage for five years. That is, you possibly can take a mortgage on LIC’s coverage for less than 5 years.
have to use like this
If you’re making ready to take a private mortgage by LIC’s plan, then you possibly can comfortably go to the official web site of LIC and get mortgage data from the consolation of your house and apply on-line for the mortgage from there. There you must fill the web kind and obtain and signal on it and scan it and add it on the LIC web site. After this your mortgage course of will begin. After the completion of the method, the complete mortgage quantity will likely be deposited in your checking account. You can simply get a mortgage of as much as Rs 20 lakh from LIC.
EMI will likely be a lot
If you are taking a mortgage of Rs 1 lakh and the mortgage tenure is 1 12 months. Interest is charged on the charge of 9 p.c on this, so your 1-year EMI will likely be Rs 8745. EMI for two years will likely be Rs 4568 and equally EMI for five years will likely be Rs 2076.
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