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Know More LOAN AGAINST PROPERTY Affordable Interest Rates We provide loans at interest rates within your budget
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GIC Housing Finance Ltd. National Insurance Building 6th...
- Individual Housing Loan
Interest paid on capital borrowed for the acquisition,...
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GIC Housing Finance Limited, was incorporated as ‘GIC Grih...
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interest rate (%) interest rate (%) your monthly loan emi is...
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Interest Rate Policy; Fair Practice Code; Grievance...
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GIC Housing Finance Limited had adopted Board Approved Fair...
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Shri Vaijinath M. Gavarshetty - MBA (Finance), has over 33...
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- GIC Home Loan Interest Rate
- GIC Housing Financeprocessing Fee and Charges
- Types of GIC Home Loan
GIC home loan interest rate starts from 8.80% p.a. onwards. However, the interest rate at which the GIC Housing Finance Limited will sanction home loans depends on various factors such as credit score, loan amount, type of employment, etc.
*The charges may change for loans above Rs. 3 crore. **As per NHB guidelines, in its circular “Levy of foreclosure charges/ pre-payment penalty on Floating Rate Loans”, released in 2014. Also Check: Processing fee for home loansas charged by various banks and HFCs
GICHF Apna Ghar Yojana
1. This home loanscheme can be availed for purchasing resale/new residential property from a builder (under construction or completed residential units from builders) 2. Individuals seeking loan for house constructioncan also apply for this loan 3. Loan amount is between 75% to 90% of property value
GICHF Affordable Home Loan
1. This loan is for purchasing a house or constructing one on an already owned plot 2. Individuals can also avail this loan for home extensionand repair 3. Available for salaried and self-employed individuals 4. Loan amount of up to Rs 20 lakh in rural areas 5. Loan amounts of up to Rs 28 lakh in urban areas
GICHF Composite Loans
1. Composite loans are for individuals who need funds for purchasing a plot and building a house on it within the next few years 2. Loan amount for the purchase of land is up to 60% of the registered value of the property 3. Loan amount for house construction depends on the estimate of construction cost
GIC Housing Loan Interest Rate for- Check Different GIC Home Loan Schemes, Processing Fees, Eligibility Criteria & Documentation Required.
- Yes. On availing any home loan from GIC Housing Finance, you will receive additional benefits of free accidental death insurance, free property ins...
- Yes, you will be entitled to receive tax benefits under Section 24 and Section 80C of the Income Tax Act. A maximum deduction of Rs.1.5 lakh from t...
- You can repay your loan through National Automated Clearing House (NACH)/Electronic Clearing Service (ECS) by giving standing instructions to your...
- The loan availed under PMAY needs to be repaid in a maximum of 20 years.
- Yes, GIC Housing Finance allows you to transfer your loan balance from another lender to GICHFL at competitive interest rates.
Jan 30, 2024 · Check GIC Housing Finance interest rate at Basic Home Loan. Know different GIC Housing Finance schemes, processing fees, eligibility criteria and other details.
GIC Housing Finance Home Loan - Check Schemes, Interest Rate, Processing Fee, Eligibility, Tenure Features & Benefits.
Interest paid on capital borrowed for the acquisition, construction, repair, renewal or reconstruction of property is entitled to a deduction. Rs 2,00,000 is the maximum amount eligible for deduction in the case of self-occupied property and for rented out property there is no limit of amount of deduction.
May 17, 2024 · GIC Housing Finance Home Loan is very economical with a rate of interest as low as 8.20% p.a. With flexible repayment options extended up to 30 years, the EMI will be affordable. You can further reduce the cost of the loan by making pre-payments as many times as you wish with no prepayment charges. Apply Now Updated: 17-05-2024 7:31:01 AM
