Interest Rate
of LICHFL in August 2012
A New Limited Edition Floating
Rate Product called “YUVA” has been introduced w.e.f 01.08.2012 by LICHFL. This
product is offered for a Limited Period of 3 Months i.e., for loans sanctioned
till 31.10.2012 and for 1st Disbursements to be availed on or before
30.11.2012.:-
|
Amount of Loan
|
Interest Rate
|
|
Upto and including
Rs 40 lacs
|
10.75%
|
|
More than Rs 40
lacs and less than Rs 75 lacs
|
11.00%
|
|
Rs 75 lacs &
above upto Rs 1.50 cr
|
11.25%
|
This product is Floating Rate of
Interest for the first 3 years from the date of first disbursement & would
be linked to PLR prevalent on the date of first disbursement. However after 3
years Interest rate will be PLR-250BPS & 75 lacs to 1.50 Cr will be
PLR-225BPS
Other products of LICHFL are Grand 3 & Advantage 5
|
Amount of Loan
|
Grand 3
|
New Advantage 5
|
|
Upto 40 Lacs
|
10.70%
|
11.15%
|
|
40 Lacs to 1 crore`
|
11.25%
|
11.40%
|
|
1 crore to 1.50 crore
|
11.75%
|
11.65%
|
Grand 3 is fixed for 3 years
& floating thereafter. New Advantage 5 is fixed for 5 Years & floating
thereafter.
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