How can I repay my LIC loan?

You can follow any of the LIC loan repayment procedures:

pay the interest along with the principal.
pay only the interest and principal amount can be settled with the claim amount on the maturity.
pay interest for a few years and repay the principal when you have excess cash.

How can I prepay my LIC Home Loan?

LIC HFL Home Loan Prepayment Process However, borrowers with a fixed rate of interest home loan will need to pay 2% of the principal outstanding amount plus applicable GST as prepayment charges if they are not paying the loan amount from their own sources.

How can I know my LIC loan balance?

All you need to do is login to your net banking portal and go to the loans section. Here you can apply, check or know the balance on the loan you apply.

How can I check my LIC loan status online?

How to Check Your LIC Housing Finance Home Loan Approval Status Online

Visit the official website of LIC Housing Finance Limited.
Click on the ‘Home Loans’ tab and you will be directed to the following page:
Click on ‘Online Loan Application’ on the left-hand panel and you will be directed to the following page:

What is the interest rate of LIC loan?

LIC Interest Rate Comparison

Particulars	LIC	HDFC Bank
Interest Rate	Starting from 9%	10.75% to 21.30%
Tenure	6 to 60 months	12 to 60 months
Loan amount	Up to 90% of the policy’s surrender value	Up to Rs. 15 lakh
Processing Fee	NIL	Up to 2.50% of the loan amount

Can I take personal loan from LIC?

You can avail a loan amount up to 90% of the policy’s surrender value to meet various personal financial needs such as medical expenses, marriage, education, etc. Table of Contents: LIC Personal Loan Interest Rates. LIC Personal Loan Interest Calculation.

How can I see my lic policy details?

How to Check LIC Policy Details Online?

Step 1: Go to the official LIC website, fill in your credentials like username and password.
Step 2: Login to your account and select the option ‘View Enrolled Policies’.
Step 3: You will be directed to a page where you can see all the listed enrolled policies.

Does LIC give loan?

You can avail a loan amount up to 90% of the policy’s surrender value to meet various personal financial needs such as medical expenses, marriage, education, etc….LIC Personal Loan Interest Rate 2020.