LIC Housing Finance

Balance Transfer Loan & Top-Up Loan Facility Close Any Other Debts Ongoing

Feeling the interest burden of your existing home loan? Relax! Transfer your home loan to LIC-HFL at a lower interest rate with a Balance Transfer home loan. Further, you also have the option of a Top-Up loan over and above the balance you transfer.


Balance Transfer of the existing Home loan from another lending institution.
Are You Eligible?
For the salaried class, any Indian, of age 18 years* minimum and up to the maximum age of retirement or 60 years, whichever is earlier
For the self employed category, the maximum age is 65 years.
Balance Transfer and Balance Transfer + Top-Up Loans are secured loans. We’re governed by the National Housing Bank (NHB) guidelines – a subsidiary of RBI and as a security, the property is mortgaged by depositing the REGISTERED sale deed of the property in question and ONLY LICHFL will have FIRST CHARGE on the property.
Easy Documentation
As per government rules and regulations, we’re required to adhere to certain procedures on documentation. Therefore to enable us to speedily process your home loan application, we will require the following:
KYC (Know Your Customer) documents
Proof of Income documents and bank statements as per log-in checklist
Property related documents as per log-in checklist.
Tax Benefits
As per IT Rules, the current applicable exemption u/s 24 is ` 1.5 lacs for the interest amount paid in a FINANCIAL year and up to Rs.1 lac for the Principal amount repaid in the same year. Thus up to ` 2.5 lacs is tax exempt, helping you save up to ` 70,000 tax annually.
Don’t succumb to the high interest burden on your existing home loan. Fill in the Enquiry Form alongside. Our Representative will get in touch with you to help you through the entire loan process. Enjoy a better life with the MONEY you save!

Get Enquiry Here

9594111161 / 9967111161
504, 5th Floor Suchita Business Park,
Raigad Chowk, Station Road, Ghatkopar (E), Mumbai 400 077

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