Griha Suvidha Asha Home Loan
Home loans for Group D / Class IV employees and self-employed borrowers, backed by a mortgage guarantee.
- Loan
- ₹5L – ₹30L
- Rate
- 10.75%–11.00%*
- ITR needed
- No
- Business vintage
- 3 years
Quick answer: LIC HFL Griha Sugam is a home loan for small business owners, such as kirana, garment or hardware shop owners, who do not file Income Tax Returns but earn enough to pay an EMI. LIC HFL lends ₹5 lakh to ₹30 lakh at 10.75%–11.00%, based on a proven 3-year business vintage instead of ITRs.
By Vijay Arjun V (B.Pharm, PGDM), authorised LIC HFL DSA since 2002. Terms checked on lichousing.com on 13 October 2026.
Griha Sugam is LIC HFL’s special scheme for self-employed borrowers who don’t have formal income proof such as Income Tax Returns, but earn enough to pay a home loan EMI.
It’s built for owners of small businesses — a kirana store, garment shop or hardware store — with a proven three-year business track record.
Who can apply
- Small business owners — kirana stores, garment shops, hardware stores and similar
- Self-employed borrowers without Income Tax Returns
- Businesses with a proven 3-year vintage
Key features
- No Income Tax Return documents required
- Loan amount from ₹5 lakh up to ₹30 lakh
- Interest rate 10.75% to 11.00%
- Eligibility based on business vintage and repayment capacity
Griha Sugam at a glance
| LIC HFL Griha Sugam | |
|---|---|
| For | Self-employed small business owners without formal income proof |
| Income Tax Returns | Not required |
| Business vintage | At least 3 years, proven |
| Loan amount | ₹5 lakh to ₹30 lakh |
| Interest rate | 10.75% to 11.00% (checked 13 October 2026) |
| Funding | Up to 90% of the property value for loans up to ₹30 lakh (RBI limit); stamp duty and registration are paid by you |
| Lender | LIC Housing Finance Ltd; we are its authorised DSA |
Griha Sugam yojana kya hai?
Griha Sugam LIC Housing Finance ki ek home loan yojana hai, un chhote vyapariyon ke liye jo ITR file nahi karte, jaise kirana, kapde ya hardware ki dukaan wale. Agar aapka business kam se kam 3 saal se chal raha hai aur aap EMI bhar sakte hain, to aapko ₹5 lakh se ₹30 lakh tak ka loan mil sakta hai. Yeh sarkari (PMAY jaisi) yojana nahi hai; loan LIC HFL deta hai.
Griha Sugam or a regular self-employed home loan?
If you can show 3 years of ITRs with financials, LIC HFL’s regular home loan for self-employed borrowers costs much less. Griha Sugam is for when you cannot.
| Griha Sugam | Regular LIC HFL home loan (self-employed) | |
|---|---|---|
| Income proof | Business vintage of 3 years; no ITR | Last 3 years’ ITR with financials, bank statements |
| Interest rate | 10.75%–11.00% | From 7.30% (CIBIL 825+), by CIBIL score |
| Loan amount | ₹5 lakh – ₹30 lakh | Based on income; much larger loans possible |
| Maximum term | Ask us for your case | Up to 20 years |
What the higher rate costs (our calculation, ₹25 lakh loan, term chosen for illustration):
| Term | Griha Sugam at 10.75% | Regular loan at 7.30% | Extra interest with Griha Sugam |
|---|---|---|---|
| 15 years | ₹28,024 EMI | ₹22,892 EMI | about ₹9.2 lakh |
| 20 years | ₹25,381 EMI | ₹19,835 EMI | about ₹13.3 lakh |
If you are close to filing ITRs for 2–3 years, it can pay to wait or to add a co-applicant with formal income. See LIC HFL home loan for self-employed and joint home loan with spouse.
Who should consider Griha Sugam?
- Shop and small business owners whose income is real but not shown in ITRs
- Businesses running for at least 3 years, with regular deposits in a bank account
- Buyers who need ₹30 lakh or less, for example for a home under ₹50 lakh in Hyderabad
Part of your salary paid in cash rather than self-employed? Look at Griha Suvidha instead. For a fixed EMI, see the Sure Fixed scheme.
How to apply for Griha Sugam in Hyderabad
- WhatsApp us your business type, how long it has run, average monthly bank deposits and the property you like.
- We tell you whether Griha Sugam or a regular loan suits you, and send the document list for your case.
- We check your documents and the property papers, submit the file to LIC HFL and follow it up to disbursement.
Source: lichousing.com Griha Sugam page (eligible customers, loan amount and rate of interest) and home loan page (self-employed rates and term), checked 13 October 2026. EMI and interest figures are our calculations.
How Hyderabad Home Loans helps
- We check your eligibility and confirm whether this scheme is the best fit before you apply.
- We review your documents before they go to LIC HFL, so there are fewer queries later.
- We track your file with LIC HFL through sanction and disbursement.
*Starting rate for eligible borrowers, as published by LIC HFL (updated September 2026). Your rate depends on CIBIL score, loan amount, profile and LIC HFL credit policy — we confirm it before you apply.
Frequently asked questions
LIC HFL’s published Griha Sugam rate is 10.75%–11.00% (updated September 2026). It is higher than a regular home loan because income is assessed without ITRs. The exact rate depends on your profile — we confirm it before you apply.
No. Griha Sugam is a home loan scheme of LIC Housing Finance Ltd, not a government yojana such as PMAY. It is meant for small business owners who don’t file Income Tax Returns.
Yes — that’s exactly what Griha Sugam is for. LIC HFL looks at your business vintage (3 years) and ability to pay the EMI instead of ITRs.
From ₹5 lakh up to ₹30 lakh.
KYC, proof that your business has run for 3 years (such as shop registration or trade licence) and your bank statements. We’ll give you the exact list for your case.
Helpful guides
Compare
All LIC HFL loan products Other loans to consider
Griha Suvidha Home Loan
For applicants paid partly in cash, those nearing retirement, or self-employed borrowers who need a longer tenure.
Sure Fixed Scheme
A fixed rate of interest for self-employed borrowers.
Hyderabad Home Loans (Elite Financial Services) is an authorised Direct Selling Agent of LIC Housing Finance Ltd. Product names, features and rates are as published by LIC HFL; sanction, rate and terms are at LIC HFL’s sole discretion. Final eligibility is subject to lender assessment.