LIC Housing Finance Lease Rental Discounting
LIC Housing Finance, a housing finance company established in 1989 and headquartered in Mumbai, offers a Lease Rental Discounting (LRD) loan with a floating interest rate ranging from 11.35% to 12.85%. The maximum loan amount is ₹20 crore, with a maximum tenure of 120 months.
The loan is offered against commercial office premises and may be used to fund fixed-asset purchases or to take over an existing loan from another lender. Processing fee, prepayment penalty, minimum loan amount, minimum tenure, minimum CIBIL score, borrower age limits, minimum salary, employment type eligibility, documentation requirements, and RBI registration class are not published for this product.
Eligibility
Loan terms
- against commercial office premises
- may fund fixed-asset purchase/loan takeover
Documents
- PAN and Aadhaar
- Income proof (salary slips or ITR)
- Bank statement
- Documents for the pledged asset
Fees & charges
FAQ
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.