Griha Suvidha Asha Home Loan
Home loans for Group D / Class IV employees and self-employed borrowers, backed by a mortgage guarantee.
- Rates from
- 7.40%*
- Loan
- ₹5L–₹3 Cr
- Cash salary
- Up to 30%
- Processing fee
- 0.25%, max ₹15k
Griha Suvidha makes home ownership accessible to people a regular home loan can miss — employees who get part of their salary in cash, applicants close to retirement who need a longer term, and self-employed borrowers who need an extended tenure.
Who can apply
- Salaried applicants who receive part of their salary in cash (at least 70% must come through a bank)
- Applicants nearing retirement who want an extended loan term
- Self-employed individuals who want an extended loan term
Key features
- Cash components such as OT, incentives, bonus or reimbursements not in Form 16 can count as additional income — up to 30% of total income
- Loan term up to the retirement age of the senior applicant whose income is considered
- Up to 2 cash-salaried borrowers can be co-applicants
- For cash-salaried borrowers, gross income is capped at ₹30,000/month for one borrower and ₹40,000/month in total for more than one
- Processing fee: 0.25% up to ₹1 crore (max ₹15,000 + GST); ₹20,000 + GST for ₹1–2 crore; ₹25,000 + GST for ₹2–5 crore
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
Yes, under Griha Suvidha — as long as at least 70% of your salary comes through a bank. Cash components can count for up to 30% of your total income.
Griha Suvidha is designed for applicants nearing retirement who want an extended term. The term runs up to the retirement age of the senior applicant whose income is considered — adding a younger co-applicant can help.
Usually slightly higher than LIC HFL’s regular Home Loan — Griha Suvidha rates start from 7.40%, compared with 7.15% for the regular Home Loan. We confirm the exact rate for your profile before you apply.
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Hyderabad Home Loans (Elite Associates) 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.