Financial experts suggest knowing how to manage money is more important than earning it. By investing your earnings wisely, you can lead a trouble-free life.
Many individuals use their hard-earned money to purchase homes, often resorting to home loans. However, LIC has introduced a game-changing housing finance scheme, Griha Rakshak, for personnel in the Indian security forces, particularly those in the Indian Army.
This scheme offers home loans at a remarkably low 8.4% interest rate, with loans available up to 2 crores, providing a ray of hope for your housing dreams.
According to LIC, individuals serving in the army with a credit score of 750 or above are eligible for this scheme. Additionally, processing fees are waived as part of a limited-time offer for those availing loans under this scheme.
LIC Housing Finance has extended this offer to currently serving army personnel as well as retired officers and staff. According to LIC Housing Finance, the scheme will only be available until September 30, 2024.
LIC Housing Finance Limited takes pride in extending this scheme to the armed forces, which work tirelessly to ensure the country’s security. The company also offers various other deals to its customers.
Moreover, LIC has earned the distinction of being the largest company in the insurance sector. Over several decades, it has built trust by offering a wide range of reliable insurance schemes.
The company’s commitment to developing new schemes to meet changing needs further reinforces its credibility, providing security in your financial decisions.