LIC Housing Finance Co. Ltd. (FAAA/Stable by CRISIL)

Company Overview :

  • Incorporated in 1989, the Company was promoted by LIC of India and went public in the year 1994
  • The Company is registered with National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE)

Who can invest?

  • Resident Individuals, HUFs, Trusts, Firms, Corporates, NRIs, Minor.

LIC FD interest rates (Upto ` 20 Cr w.e.f from November 5, 2018)


TenurePeriod

Non-Cumulative Scheme
Scheme
Approx. maturity value for Rs. 5 Lacs*
Yearly (p.a.) Interest (p.a.) Effective Yield (p.a.)
12 8.15% 8.15% 8.15% ` 540,750
18 8.15% 8.15% 8.31% ` 562,354
24 8.20% 8.20% 8.54% ` 585,362
36 8.25% 8.25% 8.89% ` 633,362
60 8.30% 8.30% 9.01% ` 635,119

Minimum amt. of deposit ` 10,000/- and in multiples of ` 1000/- thereafter

Interest payable/compounded annually on March 31st

For Sr. Citizens - Additional interest @. 0.25% p.a. will be paid over and above the base interest rates.

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