Some Good info about why to choose LIC HOUSING home loan?
One good thing about LIC compared to SBI housing loan is Rate of interest Fixed for 3 years : 8.90% where as in SBI it is fixed for one year.
LIC being major player in insurance sector, its house insurance EMI is less compared to other banks like SBI, ICICI.
- Two photo with application form duly filled
- Address proof - Ration card or Phone Bill or Bank Statement
- Identity Proof - Employment Id and Pan card
- Qualification copy
- Latest 3 months pay slip
- Appointment order & Latest revision letter with CTC Structure
- Last 2 years Form 16 & IT returns
- Latest Bank statement for 6 months of your salary credit bank account