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LIC Housing Finance hikes lending rate by 0.50%
Oct-01-2022

LIC Housing Finance has hiked its lending rates by 0.50%, after a similar move by the Reserve Bank of India (RBI). LIC Housing Prime Lending Rate (LHPLR) is the benchmark rate to which the interest rate on company’s loans are linked.

LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.


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