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    Reviewed LIC Housing Finance Ltd

    Apr 21, 2016 25020

    LICHFL says the rates are "Floating Rates" . But the fact is that it floats only upwards and never downwards. They are very prompt in raising your home intereRead more...

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    Commented on own review

    Interest only floats upwards never downwards.
    LIC Housing Finance Ltd
    Apr 21, 2016

    While I was applying for the home loan, I was tempted by LIC's fast processing times and easier documentation compared to SBI home loans. But now after 5.5 years of paying my home loan, I realize that it was a big mistake that I did.

    Interest only floats upwards never downwards.

    1

                    

    Reviewed LIC Housing Finance Ltd

    Apr 21, 2016 25020

    LICHFL says the rates are "Floating Rates" . But the fact is that it floats only upwards and never downwards. They are very prompt in raising your home intereRead more...

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