Griha Vikas
Purpose	:	Loan against Mortgage of Residential House / Flat.        i)           Children’s Education / Marriage        ii)          Foreign Travel.       iii)          Purchase of another Property.       iv)          Business Expansion.
Loan Amount	:	Min Rs.2,00,000
Loan Term	:	Maximum 15 years
Repayment Mode	:	Equated Monthly Instalments (EMI) - Monthly Rest Basis.
Security	:	1. Equitable / Registered Mortgage of Residential Property - Age of property not more than 35 years. 2. Demand Promissory Note.
Upfront Fees	:	1.00% of Loan Amount + Service Tax, as applicable.

This scheme is applicable to both Resident & Non-Residient Indians.

New Griha Vikas For the Borrower(Resident Indian Individual) who is an existing  Customer of LICHFL
Purpose	:	Loan against Mortgage of Residential House / Flat.        i)           Children’s Education / Marriage        ii)          Foreign Travel.       iii)          Purchase of another Property.       iv)          Business Expansion.
Loan Amount	:	Min Rs.1,00,000 Maximum Loan 75% of Valuation of the Property LESS O/s Balance of existing Loans against the same property.
Loan Term	:	Maximum 15 years
Repayment Mode	:	Equated Monthly Instalments (EMI) - Monthly Rest Basis.
Security	:	1. Equitable / Registered Mortgage of Residential Property - Age of property not more than 35 years. 2. Demand Promissory Note.
Upfront Fees	:	0.50% of Loan Amount or Rs.5000/- which ever is less + Service Tax, as applicable