Not only present defence employees but also retired officers can claim the offer, the NBFC said in a press release.
LIC Housing Finance has introduced a special home loan scheme for Indian defence forces. Under the ‘Griha Rakshak’ scheme, the NBFC is offering home loans up to Rs 2 crore at an interest of 8.5 per cent per annum to eligible applicants with a credit score of 750 and above.
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The Mumbai-headquartered housing finance company has also waived processing fees under the limited-period offer.
Not only present defence employees but also retired officers can claim the offer, LIC Housing Finance Ltd said in a press release.
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Tribhuwan Adhikari, MD & CEO, LIC Housing Finance Limited said we are proud to give special rates on home loans for our armed forces personnel. “This initiative is a way of expressing gratitude to the armed forces who are selflessly protecting our nation’s freedom and security,” further said.
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“Griha Rakshak stands as our heartfelt tribute to the armed forces, recognizing their unwavering commitment to these ideals,” he added.
The NBFC has announced the offer with a limited validity period of around 1 month and 14 days, till September 30, 2024.
