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Thread: Home Loan from LICHF

  1. #1
    PolicyWala Newbie
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    Apr 2009
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    Mumbai
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    Default Home Loan from LICHF

    Hi All,

    I am looking to take Home Loan from LIC housing finance ltd.. Anyone who has recently taken a Home loan from LIC housing finance ltd.? Please help.

    Thanks in advance!
    Gaurav


  2. #2
    PolicyWala Newbie
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    Apr 2009
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    Ghaziabad
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    Exclamation

    Please avoid them. Go to any nationalised bank like SBI.

  3. #3
    Moderator Expert's Avatar
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    Feb 2009
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    New Delhi
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    Default

    Any specific reason of avoiding them . Do you have any bad experience with them? If yes please share.

  4. #4
    PolicyWala Newbie
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    Apr 2009
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    Ghaziabad
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    Exclamation

    LIC housing finance ltd. is not a bank entity. So, its not governed by RBI. They only increase ROI but never decrease it.

    They pull cusomters with low ROI then hike it.

  5. #5
    PolicyWala Newbie
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    Apr 2009
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    New Delhi
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    10

    Default

    Avoid LIC housing finance ltd. They increase interest after 3rd and 8th month. As u'r taking new loan. Take it from National Bank like PNB, SBI etc.


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