Compare Loan Against Property - Axis Bank vs LIC Housing Finance
Compare EMI of Axis Bank and LIC Housing Finance Loan Against Property
| Loan Amount | Axis Bank | LIC Housing Finance |
|---|---|---|
| ₹ 10 Lakh | ₹ 11,054 | ₹ 10,442 |
| ₹ 15 Lakh | ₹ 16,581 | ₹ 15,663 |
| ₹ 30 Lakh | ₹ 33,162 | ₹ 31,327 |
| ₹ 50 Lakh | ₹ 55,270 | ₹ 52,211 |
Which is a better bank for Loan Against Property – LIC Housing Finance or Axis Bank?
LIC Housing Finance offers lower Loan Against Property EMI at ₹ 1,044 on a Loan Against Property for 15 Years as compared to Axis Bank with a minimum EMI of ₹ 1,105 for 15 Years. Average customer ratings for LIC Housing Finance is currently at 5/5.0 which makes it a good choice for taking a Loan Against Property.
How does LIC Housing Finance Loan Against Property compare with Axis Bank Loan Against Property?
It is important to do a detailed comparison of LIC Housing Finance and Loan Against Property 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 Loan Against Property – LIC Housing Finance or Axis Bank?
As per the current rates, LIC Housing Finance offers a lower interest rate of 9.50% on Loan Against Property when compared to Axis Bank which offers a Loan Against Property at 10.50%.
Popular Loan Against Property Tools
Popular Search for Axis Bank Loan Against Property
Popular Search for LIC Housing Finance Loan Against Property
Compare Axis Bank Loan Against Property With Other Banks
Compare LIC Housing Finance Loan Against Property With Other Banks
- 2021-04-13 : Bank credit rise 5.56%; deposits 11.4% in FY21
RBI reported that the Bank credit which includes retail loans like home, personal, business, car, two-wheeler, education and doctor loan along with business and mudra loans grew 5.56% to Rs 109.51 lakh crore in the financial year ending March 31, 2021. Further, the deposits include fixed and recurring deposits and rose 11.4% to Rs 151.13 lakh crore. - 2021-04-13 : Bandhan Bank’s collection efficiency ratio at 96% in Q4
Bandhan Bank reported an overall collection efficiency of 96% for the quarter ending March 2021. Total advances which include retail loans like home, personal, business, car, two-wheeler education and doctor loan along with business and mudra loans grew by 21% at ₹87,054 crores. Deposits which includes fixed and recurring deposits grew by 37% at ₹77,972 crores. Further, CASA deposits increased by 61 per cent at ₹33,827 crores. - 2021-04-07 : IIFL Home Finance signs co-lending agreement with Standard Chartered Bank
IIFL Home Finance and Standard Chartered Bank have entered into a co-lending arrangement for extending credit. Under this agreement, IIFL Home Finance and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance will service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing. - 2021-04-05 : Yes Bank Jan-March deposits up 54% to 162, 947
Yes Bank reported that the bank’s loan and advances which include home, personal, LAP, gold, two-wheeler, car and doctor loans along with business and mudra loans increased by 0.8% in year-on-year (YoY) terms to Rs. 172,850 crores. In addition to this, the bank deposit which includes fixed and recurring deposits grew 54.7% to Rs. 162,947 crores as compared to ₹105,364 crores on a yearly basis. The CASA(current and savings account) was up 51.8% to Rs. 42,587 crores against Rs. 28,063 crores YoY. - 2021-04-05 : Karnataka Bank targeting 1.42 lakh business turnover in FY 22
Karnataka Bank is looking for 12% business growth in the current fiscal and targeting 1.42 lakh business turnover. The bank emphasised that it is planning to leverage digital banking to achieve its target.
