If your CIBIL score is more than 700 then there is a good news for you. Yes LIC is offering low interest home loan to its new customers with CIBIL score above 700.
If you are bored living in a rented house, want to build your own house, then this plan of LIC is best for you. With this scheme your dream of your own house will come true. LIC Housing Finance Limited has reduced the interest rate for its new customers to 6.90% for customers with CIBIL score above 700.
Only customers with CIBIL score above 700 will be eligible to get the benefit of 6.90% interest rate. Customers with CIBIL score less than 700 will not be able to get the benefit of this interest rate.
How to find CIBIL score?
Before knowing this, I would like to give you some information about LIC Home Loan. Almost all banks are giving home loans, but many documents are demanded in them. Along with that, you have to get your land residential, which costs 15 to 20 rupees.
If you get a home loan from LIC Housing Finance Limited to build a house, then you will not need to make your land residential. Your plot papers for home loan, your salary slip, 3 months salary account statement, in whose name their PAN card of the property, Aadhar card, ATM mini statement, money given for building a house, for making a house map It is his fee receipt, ITR for 1 year, Form 16, so much document is needed to get a home loan from LIC.
Often after hearing the name of CIBIL score, it goes in everyone’s mind, how much will be my CIBIL score, so there is no need to think more, we will tell you how to find out CIBIL score, how to know your CIBIL score.
The CIBIL score depends on the previous loan record of the customer. If the customer has taken a loan before this, even if the loan is taken, then whether the loan has been repaid on time or not, if the loan is repaid on time then your CIBIL score will be fine, if not repaid on time then it will affect your CIBIL score. Your CIBIL score will get spoiled. Therefore, one should always try to repay the loan on time, otherwise, in future, if needed again, you have to face trouble while taking the loan. All these things should be kept in mind while taking a loan anytime. This small mistake becomes a big problem for us later.
If your CIBIL score is more than 700 then you will get loan up to 50 lakh from LIC at 6.90%. If you are taking a loan of more than 50 lakhs and more than 80 lakhs, then the interest rate for that will be 7%.
How to check your CIBIL Score
- First of all, you open the website of CIBIL Score https://www.cibil.com/.
- Click on get your cibil score in the top right corner of the main page.
- On clicking, it will take you to the subscription page, a little below that a free option will be given.
- Now create your account by filling all the details related to yourself there.
- Then click on accept and continue.
- After that you have to verify your identity.
- One time password will come on the mobile number given.
- After filling that one time password click on continue.
- After clicking go to Dashboard.
- An e-mail will also be sent to you on a new window showing your enrollment verification.
- To check your credit score, you have to click on Go to Dashboard.
