SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LIC Housing Fin launches teaser home loan

12 Sep 2011 Evaluate

More lenders are joining the fixed-cum-floating interest rate home loan bandwagon. LIC Housing Finance on launched such a product. ICICI Bank had introduced such a product last month and HDFC Ltd launched one last week.


Under the new home loan product, “New Advantage 5”, LICHF is offering home loans at a fixed rate of interest for the first five years and floating rates thereafter. The floating rates will be linked to the prime lending rate prevailing at the time of the switch.


For loans up to Rs 30 lakh, LICHF will charge a fixed interest rate of 11.15 per cent in the first five years; for loans above Rs 30 lakh and less than Rs 75 lakh, 11.40 per cent; and for loans of Rs 75 lakh and up to Rs 1.5 crore, 11.65 per cent. LICHF's product will be available till December-end 2011 with a condition that the first disbursement should be availed by the customer on or before January 15, 2012.crackcrack

LIC Housing Finance Share Price

540.05 5.20 (0.97%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×