4. LIC Housing Finance

LIC Housing Finance Limited is the largest Housing Finance Company in India. It was established under the Companies Act, 1956. It provides Housing Loan for long term finance with low interest rates. You can take a home loan for various purposes like Purchasing a Plot, House Extension and even Repair and Renovation. Company also provides finance for business or personal needs against existing property. It also gives loans to professionals for purchase or construction of Clinics or nursing homes or diagnostic centers or office Space and also for purchase of equipments. The interest rate provided by the bank on home loans is 10.10 percent.

5. Dewan Housing Finance corporation Limited

DHFL offers home loan to individuals and corporate bodies. The purposes of home loan from DHFL includes taking a home extension loan to extend their existing accommodation, taking an home improvement loan renovating and repainting ones home, providing home loans to NRIs to purchase residential property in India, providing plot loan which helps an individual to purchase non-agricultural loan situated within Municipal or Local Development Authority limits and last but not the least loan against property to take mortgage loans against residential property. The interest rate provided by the bank is 10.50 percent to 12 percent.