About Loan to Professionals
LIC Housing Finance Limited offers specialized home loan products for self-employed professionals including doctors, engineers, architects, chartered accountants, company secretaries and other qualified professionals. These loans are designed to meet the unique financial needs of professionals with customized eligibility criteria and documentation requirements.
Our loan products for professionals recognize the earning potential and creditworthiness of qualified individuals and offer them tailored financial solutions. Whether you're looking to purchase a new home, renovate your existing property, or expand your professional practice, we have a suitable loan product for you.
Loans To Professionals For Office For Their Professional Practice
Purpose
Home purchase, construction, renovation, extension, or transfer of existing home loan
Eligibility
Qualified professionals with valid registration and minimum 2 years experience
Loan Term
Maximum 20 years or up to retirement age, whichever is earlier
Repayment Mode
EMI through post-dated cheques, direct debit, or standing instruction
Security
First mortgage of the property to be purchased/hypothecated
Rate Of Interest
As per prevailing rates for self-employed professionals
Loan to Professionals
| Profession | Minimum Loan Amount | Maximum Loan Amount |
|---|---|---|
| Doctors | ₹2,00,000 | Up to ₹2 Crore |
| Chartered Accountants | ₹2,00,000 | Up to ₹1.5 Crore |
| Engineers/Architects | ₹2,00,000 | Up to ₹1 Crore |
| Other Professionals | ₹2,00,000 | Up to ₹75 Lakhs |
