'Pay when you stay', 'EMI waiver': LICHF's plan offers relief to borrowers

But you need to stay for the entire period of the loan to get this benefit

Bindisha Sarang
Last Updated at January 24, 2020 00:51 IST

LIC Housing Finance (LICHF) launched its ‘2020 Home Loan Offer’ on January 15 at an interest rate starting from 8.10 per cent. The offer has two variants: ‘The Pay When You Stay’ offer and the ‘EMI Waiver’ offer. An LICHF spokesperson said this home loan product was targeted at buyers of under-construction properties as well as those opting for ready-to-move-in properties.

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