LIC Housing Finance announces reduced Interest Rates for new customers
Announcement / Banking Aug 14, 2009, 19:31 IST
LIC Housing Finance today announced a cut in interest rates for its new customers under Floating Rate Loans & 3-year Fix-o-Floaty Rate Loans.
For Home Loan borrowers preferring Floating rates ab-initio the Special Offer Rates for new customers for loans upto Rs. 75 lacs will be 8.75%. Earlier the Special Offer Rates for Loans above Rs. 30 lacs upto Rs. 75 lacs were priced at 9.25%.
For Home Loan borrowers opting for the 3-year Fix-o-Floaty scheme, the Rates for new customers for loans upto Rs. 75 lacs will be 8.90%. The earlier rate of interest for Loans above Rs. 30 lacs upto Rs. 75 lacs was 9.50%.
The rates will be effective w.e.f 1st August, 2009.
Sir,
I being co-applicant for the housing loan taken from you vide loan a/c number 061302747; find that you have decreased the rates for new customers to 8.75% as against 9.75% charged to my account.
LICHFL being a Govt.Undertaking can not levy different rates for customers.
Hence, I request you to reduce the interest rate for my loan account also to the new rates.
I thank LICHFL for having reduced the interest rates for housing loans.
V.Narasimhaiah
Ph.No. 080-26320922 and Mobile 09945777639.
Posted by: Gyanendrasingh
December 11 , 2009, 22:21 IST
Kindly tell me the reduced interest rates of LICHFL and the effecive dates.
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