LIC Housing Finance hikes prime lending rate. Check latest rates on home loans
On its website, LIC Housing's prime lending rate (LHPLR) is at 15.95% with effect from September 20. Last month, the prime lending rate was at 15.80%.
LIC Housing Finance has hiked its prime lending rate by 15 basis points to 15.95%. Accordingly, the interest rate on home loans has been changed, making EMIs costlier. Home loan interest rates start from 8% for salaried and professional borrowers. The new rates have come into effect from September 20, 2022.