LIC Housing Finance has launched a particular residence mortgage scheme for Indian defence forces. Beneath the ‘Griha Rakshak’ scheme, the NBFC is providing residence loans as much as Rs 2 crore at an curiosity of 8.5 per cent every year to eligible candidates with a credit score rating of 750 and above.
The Mumbai-headquartered housing finance firm has additionally waived processing charges beneath the limited-period provide.
Not solely current defence staff but additionally retired officers can declare the provide, LIC Housing Finance Ltd mentioned in a press launch.
Tribhuwan Adhikari, MD & CE, LIC Housing Finance Restricted mentioned we’re proud to offer particular charges on residence loans for our armed forces personnel. “This initiative is a approach of expressing gratitude to the armed forces who’re selflessly defending our nation’s freedom and safety,” additional mentioned.
“Griha Rakshak stands as our heartfelt tribute to the armed forces, recognizing their unwavering dedication to those beliefs,” he added.
The NBFC has introduced the provide with a restricted validity interval of round 1 month and 14 days, until September 30, 2024.
