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LIC HFL Sanction Letter

LIC Housing Finance has approved an Individual Housing Loan for Mr. Rishabh Sharma and Mrs. Ashima Shukla amounting to ₹77,000,000 at an interest rate of 8.45% with a term of 300 months. The loan is intended for the purchase of a ready-built flat, with monthly repayments of ₹56,130. The loan terms include a floating interest rate linked to LHPLR with a spread of 860 bps.

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0% found this document useful (0 votes)
887 views1 page

LIC HFL Sanction Letter

LIC Housing Finance has approved an Individual Housing Loan for Mr. Rishabh Sharma and Mrs. Ashima Shukla amounting to ₹77,000,000 at an interest rate of 8.45% with a term of 300 months. The loan is intended for the purchase of a ready-built flat, with monthly repayments of ₹56,130. The loan terms include a floating interest rate linked to LHPLR with a spread of 860 bps.

Uploaded by

rishabhsharma784
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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LICHOUSING FINANCE

LIMITED
JAIPUR AREA OFFICE
Address: 2 B1|AWVANISINGIH MARG 2B|AWANI SINGH
MARG JAIPUR
RAJASTIHAN-302020. UCHEL
File No: 3002020002117
lo,
LOAN OFFER LETTER LICHFL
LIC HOUSING
FINANCE
Date: 14-03-2024
LTD

MR RISHABH SHARMA/MRS ASIIMA SIIUKLA


PNO 28,F NO FIRST FOLOOR.
RADHAKRISHNARAMNAGAR HAWA SARK,
JAIPUR, RAJASTHAN -302006
Dear Sir/Madam,

We are pleased to infon you that we have "In


Principle approved Individual Housing Loan/ Housing Loan/
1.
Non-Housing Loan.
BorTOwer/ Co - Borower MR RISHABH SHARMA/ MRS ASHIMA SHUKLA
2. Scheme Name
Griha Prakash
3. Loan Amount
77,000,000.00
4. Rate of Interest
Rupces Seventy Lakh only
Ratc Type Floating
Spread (discount) 860 bps
Current LHPLR 17.05%
Rate of Interest 8.45%
In case of floating rate The above floating rate shall be as prevailing on the date
of disbursement and linked to LHPLR Minus 860 bps. The floating rate will be
subject to periodic review of LHPLR fixcd by the company from time to time
(plus/minus the spread as above)

5. Product Type GRIHA SIDDHI


6. Ternm
300 Months
25 Years
7. Purpose Purchase of Flat Ready Built
8. Repayment Terms
(a) Available due date (to be selected Is/Sth/7th/10th/1 Sth
before disbursement)
(b) Rest frequency Monthly
(c) Frequency of repayment Monthly
(d) Equated Monthly Instalment (EMI) 56,130.00
Rupees Fifty-Six Thousand Ors Hundred Thirty oniy
(e) No. of EMIs 300

() Brcak up of EMI Breakup showing EMI Principal & EMI Interest on the basis of loan amount
sanctioned with applicable rate of interest and loan term is provided as separate
Annexure B. This figure is subject to change depending on the particulars at the
time of disbursement.

/ We accept the aforesaid Terms and Condition.


1. MR RISHABH SHARMA 2. MRS ASHIMA SHUKLA

Date:
Place:
CIN No.: L65922MH1989PLCO52257
Floor, 45/47, Veer Nariman Road, Fort, Mumbai - 400001.
Registered Office: LICHousing Finance Ltd., Bombay Life Building, 2nd
ticthousingatichousing.com
Tel. No.: +91 22 2204968279799/0006. E-mait td: 005.04-2024
Premises, 13th Floor, Cuffe Parade, NnbainÁA
Paon Norporate Office : LIC Housing Finance Ltd., 131 MakerHpwerF"
[email protected] | www.lichousing.com
Tel: 022 2217 8600 Fax: 022 2217 8777. E-mail:
Registered Office: LIC Housing Finance Ltd., Bombay Life Bldg., 2nd Floor, 45/47, Veer Nariman Road, Fort, Mumbai - 400 001.
Tel: 022 2204 9682/2204 9799 / 2204 0006 Fax: 022 2204 9839. E-mail: lichousing @lichousing.com | www.lichousing.com
CIN: L65922MH1989PLC052257

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