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Interest Rates

LIC Home Loan Rate of Interest: LIC HFL Rates by CIBIL Score

LIC HFL home loan rates are 7.15% to 10.15% for salaried and 7.30% to 10.30% for self-employed borrowers, set by CIBIL score and loan size.

VD

Written by Vikram Desai

Updated on 17 September 2026·6 min read

On this page9 sections
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LIC Housing Finance (LIC HFL) home loan rates start at 7.15% a year for salaried borrowers with a CIBIL score of 825 or more, and go up to 10.15% for lower scores and larger loans. Self-employed borrowers pay 7.30% to 10.30%. These are floating rates linked to LIC HFL’s prime lending rate (LHPLR), as shown on its home loan page on 17 September 2026.

Key facts

Item Position on 17 September 2026
Home loan rate, salaried 7.15% to 10.15% (floating)
Home loan rate, self-employed 7.30% to 10.30% (floating)
Benchmark LHPLR, LIC HFL’s own prime lending rate
Fixed rate (Sure Fixed scheme) 10.00% with CIBIL 750 or more; 10.25% below 750
Loan against property (mortgage loan) 9.70% to 11.55% (floating)
Processing fee Flat ₹3,000–₹50,000 + GST, by loan size
Maximum repayment period 30 years salaried; 25 years self-employed
Loan-to-value 90% up to ₹30 lakh; 80% for ₹30–75 lakh; 75% above ₹75 lakh
Prepayment charge on floating-rate home loan Nil
RBI repo rate 5.25%; next policy meeting 5–7 October 2026

LIC HFL home loan interest rate by CIBIL score

LIC HFL prices each loan by two things: your CIBIL score and the loan amount. For joint applicants it uses the highest CIBIL score among them. The table below shows the salaried and self-employed rates for loans up to ₹1 crore, the size most buyers take.

CIBIL score Salaried Self-employed
825 and above (up to ₹5 crore) 7.15% 7.30%
800–824 (up to ₹5 crore) 7.35% 7.50%
775–799 7.50% 7.65%
750–774 7.60% 7.75%
725–749 7.80% 7.95%
700–724 8.10% 8.35%
600–699 8.90% 9.15%
201–599 9.70% 9.85%

Larger loans cost a little more. For a salaried borrower, the rate rises by 0.10 percentage point for loans between ₹1 crore and ₹5 crore, and more for loans between ₹5 crore and ₹15 crore, where the top rate is 10.15%. LIC HFL also lists a separate band for CIBIL scores of 101 to 200, priced from 7.80% for salaried borrowers on loans up to ₹35 lakh.

The same rate card applies to LIC HFL’s home renovation loan, so a renovation loan also starts at 7.15% for salaried borrowers with a score of 825 or more. See our credit score needed for a home loan page for how lenders read your score.

Fixed rate and loan against property rates

LIC HFL’s Sure Fixed scheme, aimed at self-employed borrowers, charges a fixed rate for the full tenure on loans up to ₹15 crore:

  • CIBIL 750 or more: 10.00%
  • CIBIL below 750: 10.25%

That is 2.70 percentage points above the best self-employed floating rate of 7.30%. LIC HFL itself notes that fixed rates are usually higher and do not fall when market rates fall.

People searching for an “LIC mortgage loan” usually mean a loan against property. LIC HFL’s loan against property for individuals is floating and linked to LHPLR, for loans up to ₹15 crore, with a maximum term of 15 years:

CIBIL score Loan against property rate
750 and above 9.70%
700–749 10.30%
600–699 11.55%

EMI at LIC HFL rates

For a ₹50 lakh loan over 20 years, the rate your score gets you changes the EMI by several thousand rupees a month.

Rate (salaried) CIBIL band Monthly EMI Total interest over 20 years
7.15% 825 and above ₹39,216 ₹44,11,939
7.60% 750–774 ₹40,586 ₹47,40,627
8.90% 600–699 ₹44,665 ₹57,19,656
9.70% 201–599 ₹47,262 ₹63,42,761

Moving from the 600–699 band to 825 and above saves about ₹13 lakh in interest on this loan. Try other amounts in the EMI calculator.

How LIC HFL compares with other lenders

LIC HFL shares the lowest advertised starting rate, 7.15%, with Canara Bank and Union Bank of India among the 12 home loan lenders we track.

Lender Home loan rate Processing fee
LIC Housing Finance 7.15% to 10.15% Flat ₹3,000–₹50,000 + GST, by loan size
Canara Bank 7.15% to 10.00% 0.50%, min ₹1,500, max ₹10,000 + GST
State Bank of India 7.25% to 8.55% 0.35%, min ₹5,000, max ₹15,000 + GST (salaried)
Bajaj Housing Finance 7.25% to 10.25% Up to 1%
HDFC Bank 7.75% to 13.20% Up to 0.5%, min ₹4,000

Updated 17 Sep 2026 · Lender rate pages, checked individually. Banks link their rates to the RBI repo rate, while LIC HFL uses its own LHPLR, so a repo cut reaches LIC HFL borrowers only when LIC HFL revises LHPLR. The full list is on our home loan interest rates page.

Eligibility and documents

  • The home loan scheme is for resident Indian individuals; NRIs have a separate LIC HFL scheme.
  • Salaried, self-employed and professional applicants can apply.
  • The loan amount and term depend on your repaying capacity and your age.

Documents LIC HFL asks for:

  • KYC: PAN card, Aadhaar card and proof of residence (NRIs also give a passport).
  • Income, salaried: salary slips and Form 16.
  • Income, self-employed: income tax returns for the last 3 years and financial statements.
  • All applicants: bank statements for the last 6 to 12 months.
  • Property: proof of ownership, the builder’s or society’s allotment letter for a flat, and an up-to-date property tax receipt.

How to apply

  1. Check your CIBIL score, since it sets your rate band.
  2. Use LIC HFL’s eligibility and EMI calculators on lichousing.com to fix a loan amount.
  3. Apply online through Apply Now on the home loan page, or download the application form from the same page and contact your nearest LIC HFL office.
  4. Submit the KYC, income and property documents listed above.
  5. Read the sanction letter and Key Facts Statement for the rate, fees and tenure before you accept.
  6. Complete the property paperwork so LIC HFL can disburse the loan.

Fees beyond the processing fee are listed on our LIC Housing Finance fees and charges page.

Frequently asked questions

What is the LIC home loan rate of interest today?

On 17 September 2026, LIC HFL’s floating home loan rate is 7.15% to 10.15% for salaried borrowers and 7.30% to 10.30% for self-employed borrowers, depending on CIBIL score and loan size.

What is the LIC HFL interest rate for a CIBIL score of 750?

A salaried borrower with a score of 750–774 pays 7.60% on a loan up to ₹1 crore. A self-employed borrower in the same band pays 7.75%.

What is the LIC home renovation loan interest rate?

LIC HFL’s renovation loan uses the same rate card as its home loan: from 7.15% for salaried borrowers with a CIBIL score of 825 or more.

What is the LIC mortgage loan interest rate?

LIC HFL’s loan against property for individuals costs 9.70% with a CIBIL score of 750 or more, 10.30% for 700–749 and 11.55% for 600–699, for up to 15 years.

Does LIC Housing Finance offer a fixed home loan rate?

Yes. The Sure Fixed scheme charges 10.00% for a CIBIL score of 750 or more and 10.25% below 750, fixed for the whole tenure.

Does LIC HFL charge for prepaying a home loan?

No. LIC HFL lists no prepayment charges, and RBI rules bar prepayment charges on floating-rate loans taken by individuals for non-business purposes.

Will the RBI repo rate change my LIC HFL rate?

Not directly. LIC HFL loans are linked to LHPLR, which LIC HFL sets itself. The repo rate is 5.25%, and the RBI’s next decision is due after its 5–7 October 2026 meeting.

Sources

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