Compare LIC Housing Finance vs Central Bank of India Home Loan
Compare Home Loan EMI of LIC Housing Finance and Central Bank of India
Loan Amount | LIC Housing Finance | Central Bank of India |
---|---|---|
₹ 10 Lakh | ₹ 6,486 | ₹ 6,553 |
₹ 25 Lakh | ₹ 16,215 | ₹ 16,381 |
₹ 30 Lakh | ₹ 19,458 | ₹ 19,658 |
₹ 50 Lakh | ₹ 32,430 | ₹ 32,763 |
Which is a better bank for Home Loan – LIC Housing Finance or Central Bank of India?
LIC Housing Finance offers lower Home Loan EMI at ₹ 649 on a Home Loan for 30 Years as compared to Central Bank of India with a minimum EMI of ₹ 655 for 30 Years. Average customer ratings for LIC Housing Finance is currently at 3.9/5.0 which makes it a good choice for taking a Home Loan.
How does LIC Housing Finance Home Loan compare with Central Bank of India Home Loan?
It is important to do a detailed comparison of LIC Housing Finance and Central Bank of India on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:
Which bank offers a lower interest rate on Home Loan – LIC Housing Finance or Central Bank of India?
As per the current rates, LIC Housing Finance offers a lower interest rate of 6.75% on Home Loan when compared to Central Bank of India which offers a Home Loan at 6.85%.
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The Bank has posted an all-time high net profit of ₹272 crores for Q4 in FY 22 against ₹6.79 crores during the corresponding period of the previous year. - 2022-05-13 : Ujjivan Small Finance Bank Profit Falls by 7% for Q4
The bank has reported a 7 percent fall in its net profit to Rs 126.5 crore. Earlier, the bank had posted a net profit of Rs 136 crore in the same quarter of the preceding fiscal year 2020-21. - 2022-05-03 : HDFC Profit Rises by 16% for Q4 of FY 2022
Housing Development Finance Corporation has reported a 16% year-on-year rise in its standalone net profit for the March quarter to Rs 3,700 crore on the back of strong growth in loans and net interest income (NII). - 2022-05-02 : HDFC Increase Interest Rates on Home Loans
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