LIC Housing Finance has hiked public deposit interest rates with effect from December 26, 2022. Public deposit tenures range from 18 months to 5 years. For deposits of up to Rs 20 crore, the revised rates are in the range of 7.00-7.50% and for deposits above Rs 20 crore, the rates are now in a range of 6.75-7.25%.
LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.
