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LIC Housing Finance launches fixed rate home loan product "New Advantage 5"
Mumbai, September 9, 2011: LIC Housing Finance today announced the launch of a new home loan product "New Advantage 5". This product is offered at fixed rates of interest for the f irst five years and floating rates thereafter.

The fixed rate of interest as follows:-
Loans Fixed
3years		 Fixed
5years		 Floating
Up to 40 lac 10.07% 11.15% 10.75%
40 t0 1cr 11.00% 11.40% 11.00%
1cr to 1.5 11.80%
 11.65 11.25%
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