SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LIC Housing Finance to roll-out fixed rate loans next month

10 Dec 2011 Evaluate

LIC Housing Finance will launch a completely fixed interest rate home loan product next month. The company will offer this fix rate home loan after the Reserve Bank of India's policy review on December 16, 2011.

All the existing home loan products are combination products with varying periods of fixed and floating rates but this new product will be first of its kind in the home-loan market. LIC has also introduced a new product - New Freedom - with a floating rate of interest at 10.40 per cent.

Further, the company is likely to launch the proposed Rs 500-crore real estate venture capital fund in January with an initial fund size of Rs 200 crore. It has already tied-up for this amount and the first tranche will be launched next month. 

Launched in 1989 as per Companies Act, 1956 LIC Housing Finance has grown to be one of the largest lender in home-finance market.

LIC Housing Finance Share Price

534.85 5.95 (1.12%)
16-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:

×