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LIC Housing Finance shines on unveiling two new home loan schemes

04 Sep 2013 Evaluate

LIC Housing Finance scrip is currently trading at Rs. 158.60, up by 1.80 points or 1.15% from its previous closing of Rs. 156.80 on the BSE.

The scrip opened at Rs. 155.45 and has touched a high and low of Rs. 159.50 and Rs. 152.00 respectively. So far 3,19,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 300.00 on 02-Jan-2013 and a 52 week low of Rs. 152.00 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 171.75 and Rs. 155.60 respectively. The current market cap of the company is Rs. 8,003.00 crore.

The promoters holding in the company stood at 40.31% while Institutions and Non-Institutions held 45.29% and 14.23% respectively.

LIC Housing Finance (LICHFL), the home-loan arm of the country’s largest insurer, Life Insurance Corporation of India (LIC), has launched two new home loan schemes, ‘Bhagyalaxmi Plus’ and ‘New Fixed 10’ on September 03, 2013.

Under Bhagyalaxmi Plus scheme, home loans will be given to those women who will be the sole owner or first owner to buy a property, at a fixed rate of interest of 10.35% for loans up to Rs 75 lakh for the first two years, and floating rate thereafter. Moreover, borrowers would get a discount of 0.25% throughout the loan term on conversion to floating rates.

Besides, the ‘New Fixed 10’ scheme comes with fixed interest rates for 10 years, out of which first 5 years would carry a rate of 11.50%, for loans up to Rs 75 lakh. The scheme offers customers the flexibility to exercise an option after 5 years to convert their loan into floating rates prevalent at that time.

LIC Housing Finance Share Price

534.85 5.95 (1.12%)
16-Apr-2026 16:59 View Price Chart
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