Big News for Home Loan Seekers! LIC Housing Finance Cuts Home Loan Interest Rates After RBI Repo Rate Slash, check latest LIC HFL home loan interest rates
New Delhi: LIC Housing Finance has reduced interest rates on new home loans by 50 basis points, after the reent repo rate slash by Reserve Bank of India. The new revised home loan interest rate came into effect on June 19, 2025, on LIC Housing Finance 36th Foundation Day.
LIC Housing Finance New Home Loan Interest Rates
LIC Housing Finance home loan interest rate is now 7.50 percent, which is effective June 19, 2025. This rate cut follows the Reserve Bank of India’s recent repo rate reduceby 50 basis points. RBI decisions are aiming to boost economic activity by encouraging borrowing and investment.
Tribhuwan Adhikari, MD and CEO, LIC Housing Finance said “As we mark our 36th Foundation Day, we remain committed to making home ownership more accessible. The rate cut is a continuation of our effort to align with RBI’s policy direction and pass on the benefits to our customers.“
“We are confident this move will provide an added boost to housing demand, especially in the affordable and mid-income segments, where aspirations of owning a home are closely tied to interest rate dynamics,” Mr. Adhikari added.
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LIC Housing Finance Ltd is a subsidiary of Life Insurance Corporation of India. It is one of India’s largest housing finance companies, with a large network across India and an overseas office in Dubai.
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