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Commented on own review

Sep 27, 2009 11:22 PM

Hmm! Vijay, Good to know that they have not charged you for delayed EMI... but don't be surprised if you see some charges coupld of months down the line... They may realize it anytime... Am not discouraging you, but this is how they operate.. all officials from top to bottom.

Commented on own review

Mar 13, 2009 02:17 PM

Manas2008, I am not sure whether your comments are based on your experience or not. The first step which i expect to be smooth in owning a property is hassle free loan processing. But this is what is missing in LIC (based on what i have observed). No one is able to give you clear details on when you... can plan for registration and they dont know when the file goes to (& comes back from) the head office. But, if you are talking about the interest rates, then, it doesnt matter whether you go for private or govt, floating rates are the opportunities for banks to fill their deficit budgets.. so no one is behind in this aspect! Based on my experience, i too have a home loan in my name with a private bank with fixed interest rate... and till date i havent had any problems at all.. i can see the status of my loan online every month and get the certificates downloaded whenever i wish to!Read More

Commented on own review

Mar 13, 2009 02:10 PM

Hi Parmeetsm, I am not a old customer with LIC i am new as you are. But, i have read in reviews that they are no different than other private banks in hiking the interest rates... ofcourse this is one of the opportunity what lenders(banks) may leverage on!

Reviewed LIC Housing Finance Ltd

Dont suggest LICHF

Mar 12, 2009 01:57 PM 15445 Views

We were planning to take home loan fromLIC housing finance(Bangalore office) in my wife's name and we applied too. But, at the end we came to know that we did a big mistake by choosing LIC for home loans because of the following reasons: They delay your application like anything for some sill...Read more

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