Compare Home Loan - OBC vs LIC Housing Finance
Compare EMI of OBC and LIC Housing Finance Home Loan
| Loan Amount | OBC | LIC Housing Finance |
|---|---|---|
| ₹ 10 Lakh | ₹ 7,036 | ₹ 6,586 |
| ₹ 25 Lakh | ₹ 17,590 | ₹ 16,465 |
| ₹ 30 Lakh | ₹ 21,108 | ₹ 19,758 |
| ₹ 50 Lakh | ₹ 35,180 | ₹ 32,930 |
Which is a better bank for Home Loan – LIC Housing Finance or OBC?
LIC Housing Finance offers lower Home Loan EMI at ₹ 659 on a Home Loan for 30 Years as compared to OBC with a minimum EMI of ₹ 704 for 25 Years. Average customer ratings for LIC Housing Finance is currently at 3.8/5.0 which makes it a good choice for taking a Home Loan.
How does LIC Housing Finance Home Loan compare with OBC Home Loan?
It is important to do a detailed comparison of LIC Housing Finance and Home Loan on all loan terms and conditions to understand their differences and take an informed decision. Keep in mind that each bank’s scheme has its own 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 lower interest rate on Home Loan – LIC Housing Finance or OBC?
As per the current rates, LIC Housing Finance offers a lower interest rate of 6.90% on Home Loan when compared to OBC which offers a Home Loan at 6.95%.
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