LIC Home Loan - Reduce ROI (Hindi Explanation)
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- Опубліковано 11 жов 2024
- This video explains in hindi step-wise process to change rate of interest in lic housing loan. Any issue if you are not able to reduce the interest rate, please do comment. I will be happy to help.
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Good explanation madam👌. but some doubts pls clear that.
Ye process karne k baad kitne month tak ye intrest rate rahega?
In future rate aur kam hote hai tho ye process fhirse karna hoga kya with fees? Aur agar intrest rate badh jayenge tho ky ismain bhi rate badh jaynge ky?
Floating rates in lichfl is linked to prime lending rate which may be adjusted once a year or once in a six month time period. It would certainly depend on company's decision to increase or decrese looking at the rates in market scenario.
Good evening mem mera diclretion ke bad errar dikha raha hai roi kam nahi hua hai
Agr apne payment kr diya tha toh phr se log in krke declaration submit kr djye
@@DevTechFinance good evening sir duwara kiya tha wo option nahi aaraha sir
@@adityaa_45 when rates are increased, Lic or any company will not take any permission.. they'll increase right away.. many times borrowers will not be informed as well. When rates start to increase, it's best to transfer the loans from housing finance companies to banks, because they have better processes and regulated by RBI. So they are more accountable and any changes in your account will surely be notified to you at least on email.
पणं अता झालं असं आहे त्यांच्या वेबसाईट ला खूप एरर येत आहेत, खूप वेळा लॉगिन करावं लागतं तरीही शंका येते, असो खूप छान माहिती दिली, धन्यवाद.....!
अजिंक्य, पुणे महाराष्ट्र.
Thank you Ajinkya. Really glad that it was helpful. Please keep up the support.
Mam hum ROI kitni bar change kr skte hai.. Or uske kya conditions hai.. Pls btaye.. 🙏
If home loan is from finance then it is possible to reduce interset rate because on my homeloan they increase it upto 16%
Good explanation.But i try last one month. Change ROI not open.click the change ROI display only rewriting option under maintenance. Please brief me
The explanation is quiet clear,bit I am getting the same display for many days ....
Can anyone help me pls
It's working My ROI has-been changed from 8.95 to 7.75.
Thanks for helping.
Welcome. Keep up the support on channel.
Sir aubhi toh 6.66% h apne vohi kar liya. H
@@warriorsuk078 Interest Rate CIBIL score par depend karta hai
@@adityaa_45 apne aap increase Kar degi bank
@@adityaa_45 RBI me announcement kiya hai ki आगे भी कुछ समय तक रेट यही रहेंगे
They increased during RBI increase but now they have not decreased when RBI reduced rate. What's the meaning of floating rate then. Why do we need to pay for decreasing rate if one has a floating type loan
How many times this rewriting benifit process may I apply for?
Mam mera loan 14 percent ke interest rate par chal raha hai toh kya abhi kam karwana sahi rahega
Agar interest rate badhta hai fir se to kya hame fir se change krna padega fees k sth kya hoga is bare me v batayie plz?
Mujhe bhi yahi janna h
So very very thanks mam🙏
Madam superb scheame lic ki batane ke liye thanks
Thank You.
How can I check my loan is fix or floating?
Hello Ma'am is there any online way to prepay the principal amount for LICFHL?
Lic is ment to earn profit only, if your faver is there you have to lots of time even if is covid period, the are good for nothing,they will only principal in cheques and where ever they are in mood,here no explains how the repayment schedule is there supposed the will charge 90% in int and 10% in emi then we are in loss.. Because we already in conditions of 70% int and 30 principles after 10 year.
They provide loan on 8.25% avg and suddenly rise up to 10% , if you failed to pay 3 emi they raised the charge upto 12.5,and we fools are paying payment and penalty again and again. It's my experience might be your is better then me
Mam Esme pm awasiya sceem hai
Process hone ke bad Interest rate Kab tak kitne din me kam hoga?
Maine 1190000 ka loan liya tha pehle to monthly 9130 emi tha fir wo emi 3 saal baad 10341 ho aesa q hua? Main to bear nhi kr paa rha aesa q ho gya pls reply
Nice explanation... but I want to reduce my EMI amount.. not the tenure.. do we need to first pay and submit then I need to speak to LIC guys for reducing the EMI amount??
I took home loan by mortgage my property documents... Can I apply this
Is this possible for construction loan?
On my portal, i don't see change ROI tab at the top.
Please suggest.
Thank u so much mam Maine ROI change kiya but 5 days ho Gaye abhi tk rate of interest old wala show ho raha
It takes about 20 -25 days to show effective changed roi
@@DevTechFinance thank u so much
Mam jab Maine declaration form submit kiya to reference number Aaya tha to uskey baad mujhe LIC office to ni Jana padega
Nhi LIC office jane ki jarurat nhi...woh reference no. apke lye h, agr koi v prblm aati roi reduction se related aap uske basis pr complain kr skte.
@@DevTechFinance thank u so much mam
Nicely explained madam
Request explain how to do repayment online and what is the repayment interest
Will upload soon. Thanks for support.
मैडम जी आपने बहुत अच्छी जानकारी दिए हैं। धन्यवाद।।
Super Explanation
Mam mai naya loan lene wali hu lic se.. Abhi roi 6.66 chal rha h.. Fixed rate lena thik rahega, ya ye iss rate se thoda high hota h?
👌 Good Explain in Hindi 👌 Thanks.
HI, How i can check my loan is Fixed or floating rate in LIC Portal or any other option?
I Am Satisfied as your Information, Thanks
Welcome and thanks for support. Kindly share with others as well to let the channel grow.
hi Good Evening Maam,
i Have doubt regarding ROI
I have home loan for more 3 years from now if i reduce interest rate using Change ROI (from9.1 to 8.1)and payment done (Fee Rs. 5900) then after 6 months or 1 yr if LIC decide to change in ROI increased again from (8.1 to 9.1)will it be mandatory to change increased ROI again paying the fees of 5900 ? this Doubt is HAUNTING me please advice as if increased again then its no use i feel
First of all...make it very clear that you are making the payment of 5900 to reduce the roi. If the lic increases the rate again you are not liable to make any payment nor they will charge. Why would you pay to increase your roi?
You also should consider the home loan rates scenario which is at lowest due to market scenario and fall in repo rate. Somehow, you all as borrower are left cheated from Housing finance companies by not reducing their prime lending rate for existing borrowers. In this situation if you are able to reduce roi and save on interest, you should go for it.
They would not increase your rate so certainly... at minimum also it would be only after one year. And saving on interest of about 1% would be still beneficial.
@@DevTechFinance thank you ma'am for clarification will i get anywhere to calculate this interest rate like calculator or excel sheet how much it would be beneficial for me at the end if suddenly increase in ROI
Register mob no band hai to kya me new par otp aa sakta hai kya
Nice information 👍
Thanks 🙏🙏
Thanks for commenting. Kindly keep up the support on channel.
Initial me fixed rate kar sakte hai kya
Thanks for wonderful information.
Thank you for commenting. Kindly keep up the support on channel.
Sir i had given a request on 2nd feb and emi date is 10th of every moth.....after approved my emi date will be changed
We need to change every year or how it works
Floating rates in lichfl is linked to prime lending rate which may be adjusted once a year or once in a six month time period. It would certainly depend on company's decision to increase or decrese looking at the rates in market scenario. The market is going through lowest repo rate since 2004 so it is a wise time to reduce the rate and ensure saving on interest.
Thank you I did change , i got 8 years reduction...now my one more doubt is is it better to increase emi 10% or pay 1 Emi extra amount every year...which will be better option
Lic is cutting my emi on ROI 12.5%
The loan is taken in 2009,
When the interest rate increase they increase it but they never decrease my rate.
Huge over amount has been paid as interest, what to do next.
Rewriting status noteligible mean ?plz describe
Ye new loan ke liye hai ya purane loan me bhi benefits mil sakta hai.
Mere agent ne bataya new loan par milega
Existing loan pr applicable h...agent neh glt btaya apko.
Madam, Can you make a separate video on the main basic eligibility criteria for getting the LIC Housing Loan. It's my humble request to you.
I think it will very helpful for everyone
I will wait for your video
I want to do this change of interest but it’s giving me error saying the change of internet has been resumed from 1/08/2021 and regret for under maitainanace from last once no the same error ,
Please help me in reducing
Main central government employees hu mere sath 20000 rupes pressing fees leya.1400000 lak loan pe 5%commissions v lagta hai
New apply ke liye video banaye
Nice, very clear ..
Thank you. Kindly keep up the support.
Thank you madam
Good easy to understand
Thank you. Glad that you liked it.
@@DevTechFinance rewrite karva diya hai Mene aaj,,Interest rate 9.7to 8.1 convert hoga payment 5900
Portal update hua hai, plz new vidio banayen. Fee kaise deposit karen
Madam maine 2019 me home loan liya tha lic hfl se then 6.70% tha 2020 me interest rate 7.9% huaa to roi change Kiya charge v pay kiya uske baad 6.70% ho gya avi fir 7.9% ho gya h kya per year charge pay karna padta h plz
भाई आपने lic se home loan liya h wo.. Processing charge lga h
Should we go for Rewriting?
I would suggest yes because reduced interest rate would make you save a lot on your home loan repayment. Thats also the reason why you must have opted for floating rate of interest so that if market goes down you can reap benefit of reduced rate.
@@DevTechFinance and what if market goes up!!!
mem lone ka complit pyement karne ke bad kitane dino me makan ki rajistry mil jati hai.....
Per year charge pay karna padega
I have paid the fee 5962/- but it's showing rewritten status not eligible. What to do now!!!
My current interest rate is 8.10%. as per my CIBIL score I'm eligible for 7.75%. when I apply for change ROI system is showing "Group cannot be rewritten". Please help me
रिराइटिंग का चार्ज क्या बार बार देना होता है कि सिर्फ एक बार
Cibil kaB check karte hai , rewritten main
Mam payment ho gayi hai lekin maine status box ke left me tick nahi kiya aur payment kar diya,, to last wale process ke liye kya kare??
Agr aapka payment successfully complete hogya tha toh aap dubara login kre same process ke through jaye...iss br aapko ek declaration form dikhega...use accept krke submit krde....toh aapka roi change form submit ho jaega.
Madam payment karne ke bad Pre filled declaration nahi aya toh kaya karna padega??
After 24 hrs dubara login krke same steps follow krke dekhe aa jaega.
Maam I had already done the process of reducing ROI in 2017 once do I need to do it again to further reduce the roi.Pl respond
If you want to reduce it further you need to do the process again. Depends on what is your current interest rate, you can decide to reduce or not.
Hello mam
I have paid the change roi fees last month before the emi payment date.
But its been a month and change roi status is showing as submitted and still it is showing old roi on the dashboard.
When the new roi will get reflected for the loan?
good explanation
Thank you. Glad that you liked it.
What is to be filled at last stage in column of
name 1
Name 2
Name 3
In acceptance cum declaration form....
Name 1 is for borrower on whose name the loan account is.
Name 2 and 3 if there are co applicants, if not leave the column blank.
@@DevTechFinance thanks for ur prompt reply.....I want to know one more thing if I have made one wrong entry in that coloumn.....what is tge procedure to rectify it
Are you concerned about the wrong entry in name column?
@@DevTechFinance yes
I m not sure but i think there is no option to rectify as such.
हम भागलपुर से है मेडम हम एक साल से परेशान है हमसे सारा डोकुमेंट ले लिए है लेकिन पैसा नहीं दे रहे है,, एजेंट हमेसा झूट बोलते है की आज हो जायेगा कल हो जायेगा,, काफी परेशान कर रहे है,, हम किया करे,,, किया होम लोन लेने के लिए दो परसेंट पैसा देना होता है किया,,
Mam wanted to know after changing Roi will my emi amount also change and for how many days?? Please🙏🙏 let me know
No emi amount won't change. They would reduce the loan repayment period to manage the reduced interest. It would remain effective till they again increase their plr in concern with repo rate.
Mam but bo nahi a raha ki pale kya tha roi or ab kya he roi
Mam jo interested rate 6.66% h
Or mera phle 8.85% tha home loan h
Aub mera loan jo chl raha h vo hogya
Big एंड nice update मेम
But मेम मैं कर रहा था पर वहां कोई time show करता है क्या कोई time पीरियड होता है क्या इसको अप्लाई करने का प्लीज हेल्प मेम
मतलब मेम जब मैंने ROI पर क्लिक किया था तो आगे कोई ऑप्शन नहीं आया
Rewriting time show करता है 16:00 hrs and 01:30 hrs
Please help me
Nhi koi time limit nhi hota...aap ek br phr se login krke try kryega.
@@DevTechFinance
Online Rewriting Service will remain closed from 16:00 hrs(IST) and 01:30 hrs(IST)
Mam ye likha hua aata hai main baar baar kar rha hun please aap help kre
www.lichousing.com/feedback.php
Please click on the link to register your complaint.☝️
Everyone take a note, LIC has again revised interest rate to 7.25% from 7.75% for 700 and above scores, that can be availed through rewriting.. again based on credit score like last year. They are not informing on email. So I found it today, but cant say since when this was already available...you again need to pay 5000 plus gst to do the rewriting..
Hey brother Can i apply this rewriting of ROI on 7 November 2021. My EMI date is 10 November 2021. How much time all the process take time ?
@@got2my yes you should do it asap. 7th should be fine. Considering you have paid it online, the impact should should right after the upcoming EMI. So practically, you will have interest rate lowered starting 11th Nov. This means your reduced EMI, if you choose to lower, will be paid by you on 10th Dec. This is since EMI are calculated like post paid mobile bill, you use it and then you pay as per use. Therefore, when on 11 nov rate will reduce, you EMI based on revised interest rate will be calculated for payment on 10 dec. Having said that, one should reduce interest rate the sooner they come to know, that's why need to b vigilant as LIC n the like are chor, they won't inform promptly to reduce rates but when rates will increase they'll do it on their own immediately and sometimes without informing the borrowers too.
It is not safe to assume that after rate reduction EMI will be auto reduced. Sometimes loan office reduce tenure instead. So after making payment, take screenshot and send email to support team or the concerned office staff's email ID to ensure your EMI is reduced. But again, be aware that after rate reduction, whether EMI is reduced or tenure is reduced, for you as borrowers, cash out of pocket remains same, in principle... why I insist on reducing EMI is so that the money saved can help you accumulate and make part payments..
Thanks so much
Welcome. Keep up the support on channel.
Nice information 👍👍
Glad that you liked it. Thanks for support.
nice;interest rate 6.9% kab se effective hai.
Good presentation...
Thank you.
Mei payment kor diya but next step apply nehi Kiya ab Kiya koru joldi botaye
Can we Rewrite for Renovation loan
Kitna benefit hoga ise 5900 pay kr k
Hi madam, ROI change karne par effective period change ho raha hai,bank manager se bat karne par vo bata rahe hai ki EMI change nahi kiya jata,monthly EMI change karvaneke liye kya process hai
ROI reduce krne pr loan tenure ghataya jaega EMI nhi.
Agr EMI kamm krwana h toh uske lye aap loan reschedule krwa skte. Iske lye alg se application kr skte..apne branch pr visit krke.
EMI reschedule ke alg se charges v lgte , uske bre me v ap apni branch me bt kre.
Dear madam ji, maine 24/12/20 ko apply kiya hu, kya mujhe 24 se iska benifit milega ya jabse yeh sceme aaya tabse?
Kyoki abhi se kiya hai, toh pahla ka loss ho jayega na?
Apne jb apply kiya uske 10-15 days mein yeh applicable ho jaega aur apko roi reduce ho jaega. Haa agr aapne jldi apply kiya hota toh aap jada save kr pate roi mein.
@@DevTechFinance Thank you madam ji. Yeh sceme Start kab hui thi? Please bataiega
Approx 5 to 6 months before.
@@DevTechFinance Thank u madam ji
Mera cibil score 802 hai, rewrite k baad 9.7 se 8.1 hua hai, but cibil score k hisab se 7.75 hai currently. Toh wo apne aap kam toh ho jayega na madam ji?
Haa apke cibil score ke hisab se apka roi 7.75 ho jana chahye
MADOM,maine aap jaise bole waise hi kiya,parantu isme dikha raha hai ki aapka cibil score 600 se kam hai,aur aapko minimum 8.1% hi milega,main jab cibil score check kiya to ye 761hi,parantu lichfl only 8.1%hi dega as per unka guide lines hi ,aur ek agreement me tik marne ke baad complete hoga,main agar tik ko ok kar doon to future me aur kabhi bhi interest rate gataya nahi ja sakta hai.mujhe suggest kijiye kya main 8.1% me tik markar ok kardoon?ya aur koi option hai?
Process ke wqt cibil score show nhi krta....8.1% automated hota h jo ki bd me reduce kr diya jata apka cibil score check krke.
Credit score aur cibil score alg hota toh ek br dhynn se aap apna cibil score check krle, agr 750 ke upr h toh form accept krke submit krde...bd me reduce ho jaega 7.75 tk
ua-cam.com/video/N8_Cm4Vmlec/v-deo.html
Iss video ko dekhe apna cibil score check krne ke lye
I hve got a good credit score.. I logged into my account but it is not showing 6.9 percent option.
Are you an existing borrower or a new borrower? Existing borrowers could reduce max upto 7.75 while new borrower could reduce upto 6.90
If you need 6.9, then you can transfer loan to another bank so that u can get atleast 7.1 maximum currently. And you will get more savings...
I don't know hindi .Can you tell me what she says.
ua-cam.com/video/iOEXYZl5DYM/v-deo.html
You can watch the same video in English. Please click on the Link👆
Nice voice, well explained....!
Madam change roi ka option nhi hai kya kare
Pending ke jagah N likh kar aa rha hai plz tel mi mam kya karu mai
Is eligible roi mortgage loan?
excellent work
Thank you. Glad that you liked it.
Mam,, how can i check my cibil score to reduce my interest rate for lichfl loan
ua-cam.com/video/N8_Cm4Vmlec/v-deo.html
Please click on the link to watch video on how to check cibil score
How to download declaration certificate
Mam Agar Ham mobile number aur email id Bhul Gaye To Kya solution hai
MADAM FIXED INTEREST BHI REDUCE KARSAKTA HAI KYA
Nhi fixed interest reduce nhi kr skte..yeh bss floating rates ke lye h.
मैंने आर ओ आई चेंज किया मेरे अकाउंट से पैसा कट गया लेकिन लास्ट में समेट वाला ऑप्शन नहीं आया सम्मिट वाला ऑप्शन लास्ट में
change ROI tab is not showing
The security code does not match at all the time.. How can I login ?
Tanks u mam
Welcome and Thanks for Support.
Rewriting option is available on Griha Vikas loan of LICHFL ?
No
Not eligible mean?
Ma'am mera toh roi wala option nhi aa rha hai
Hi mem
Maine apka video dekha sab kuch samj aya but maine ROI change ke liye process kiya or payment bhi success ho gya h but declaration bala form usme nhi aya h pls tell me ab kaise declaration karna hoga
Without declaration ke process success nhi hogi kya mem
24 hrs later dubara se log in kryega aur same procedure follow kryega....apko declaration form dikh jaega..use submit kryega...tabhi roi change successful hoga.
But mem maine 30 April ko kiya tha process but me abhi thodi der phle hi maine log in kiya tha but usme jo loan select karte h 1 ya 2 uske samne submitted dikha rha h or uske aage koi option nhi a rha h aage badne ka
Payment kat ho gya h pls tell mem
Doobara se payment to nhi lagega na
Agar mem declaration form nhi aya to fir kaise karege declaration form ko submit
Sara process complete hone ke baad jo declaration form h bo same time aata h ya fir kuch din baad pls tell mem
ma'am this declaration page didn't come. What could be the problem and where could i find it after payment?
Was transaction successful?
If your transaction was sucessful,close all the tab and login again...it may have been stuck.
@@DevTechFinance yes. Transaction was successful. I got the receipt on my mail.
@@DevTechFinance Later on I logged in again and found a submit button in the Change ROI tab. I submitted the form and now it is completed. I checked my CIBIL score, according to it ROI should be lowest for me. Will they really lower my ROI?
I had reduced my loan interest rate online. But It is reduced from 9.5 to 8.5 % only. Can Reduce further.
No. The reduction depends on your cibil score.
May I know, after payment of rewriting charge ,within how many days the interest rate has been changed for you ??
Within 20 days...it would be reflected in loan status tab .
@@DevTechFinance Sir I have to change my email ID in lic hfl . what to do??
@@mohanprasath3590 following
Ma'am mere loan par not eligible dikha raha he
How to know what's our cibil score?
ua-cam.com/video/N8_Cm4Vmlec/v-deo.html
Please click on the link to watch video to check cibil score in 2 mins.
@@DevTechFinance thank you!!
Man ek hi property per do loan ka rate of interest kam kar sakte hain kya
Haa kr skte h.
@@DevTechFinance wo log nhi Kar r bol r Uske b 59 hundred rupees do
Aap online khud se karo...5900 fee lgega dono loan ke lye together agr ek hi property pr h toh ...extra paisa nh de
@@DevTechFinance par me 2 mahile pehle kr chuka hu ab ho jayga dusra
I have submitted all, but got the massage of pending.. But i have completed all the setps.
Login again and follow the same process....check if you have accepted the declaration in last.
@@DevTechFinance rewritten status showing " Submitted: Loan Rewriten"
What it's mean?
Submitted means your process is completed. You can see the reduced rate of interest effective in 15-20 days
@@DevTechFinance thank you so much for help.
Ma'am iss ke liye EMI 1 saal cut gaya ho aisa jaruri hai kya
Nhi aisa jaruri nhi...yeh benefit naye borrowers ko v provide ho rhi h.
To all the concerned. Lic HFL has again opened rewriting based on credit score.. 700+ will get 7.35, 600 + will get 8.00 and 600 less will get 8.10
Bro rewrite krne k baad validity kitne dino tk rhegi ?
@@VishalSingh-cb4hu no validity.. RBI is looking to further increase rates tomorrow. When rates rise, banks or NBFCs both will promptly increase interest on loans, but when it's about reducing, they'll take time, wait for board meetings and especially NBFCs will wait for their cost of capital to be calculated and then take a decision. For rising rates, it doesn't matter if loan was recently rewritten..it remains floating at all times.