LIC Housing Finance offers special rate of interest

MUMBAI: LIC Housing Finance on Tuesday announced a special rate of interest for customers opting for floating rate loans.

The new floating rates of interest will be 8.75 per cent for loans upto Rs. 30 lakh. For loans above Rs. 30 lakh and upto Rs 75 lakhs the rate will be 9.50 per cent to 9.75 per cent whereas for loans above Rs 75 lakh the rate of interest charged will be 10.50 per cent to 10.75 per cent. The new rates have been effective from 1st February.