🇮🇳 LIC Housing Finance (LICHFL)

LIC Housing Finance Prepayment Calculator

Calculate your exact interest savings, reduced tenure, and part-prepayment amortization for LIC HFL Griha Suvidha & Advantage Home Loans.

LICHFL Loan & Prepayment Inputs

Loan Outstanding Balance₹ INR

₹

₹ 40.00 Lakhs

Interest Rate (LHPLR)% p.a.

TenureYears

Extra Monthly Payment₹ / month

₹

Lump-Sum Part Payment₹ (One-Time)

₹

Mo #

Annual EMI Step-Up %Salary Hike Strategy

%/yr

Total Interest Saved

₹ 0

You save 0% of LIC HFL interest!

Time Saved

0 yrs

Payoff in Month 0

Monthly EMI

₹ 0

Base Monthly Outflow

Revised Payoff Date

Originally --

Total Amount Paid

₹ 0

Originally ₹ 0

LIC HFL Balance Decay

Principal Repayment

Amortization Schedule

Interactive breakdown of balance, interest, and prepayment impact

Period	EMI Paid	Principal Paid	Extra Prepayment	Interest Paid	Total Payment	Remaining Balance

LIC Housing Finance Prepayment Benefits & Loan Foreclosure

LIC Housing Finance (LICHFL) is among India's largest and most trusted housing finance companies. By utilizing the 1 Extra EMI per year via our 1 Extra EMI Strategy Calculator or the 5% annual step-up method inside the Home Loan Part Prepayment Calculator, borrowers can save over 40% of their total interest obligations.

Compare LICHFL prepayment terms against Bajaj Housing Finance, SBI Home Loans, or test long-term investment trade-offs with our SIP vs Home Loan Prepayment Calculator.

Frequently Asked Questions

Does LIC Housing Finance (LICHFL) charge prepayment penalties?

No. For individual borrowers with floating interest rate loans, LIC Housing Finance charges 0% prepayment penalty in accordance with NHB and RBI guidelines. Compare Indian HFC terms with our Bajaj Housing Prepayment Calculator or PNB Housing Prepayment Calculator.

How do I make part prepayments in LIC Housing Finance (LICHFL)?

LICHFL customers can make online part prepayments using the LIC HFL Customer Portal (HomY App) through NetBanking, Debit Card, or UPI, or by visiting a local LIC HFL Area Office. Simulate multi-date transfers in our Home Loan Part Prepayment Calculator.

What is the minimum part prepayment in LICHFL?

The minimum part prepayment amount accepted by LIC Housing Finance is generally equivalent to 1 EMI or ₹10,000. Model paying just one extra installment annually with our 1 Extra EMI Calculator or weigh returns against equity funds in the SIP vs Home Loan Prepayment Calculator.

LICHFL Loan & Prepayment Inputs

LIC HFL Balance Decay

Amortization Schedule

LIC Housing Finance Prepayment Benefits & Loan Foreclosure

Frequently Asked Questions

Related Prepayment & Loan Calculators

Bajaj Housing Finance Prepayment Calculator

PNB & PNB Housing Prepayment Calculator

SBI Home Loan Prepayment Calculator

Home Loan Part Prepayment Calculator