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Lic Housing Finance Fd Form

LIC Housing Finance Ltd. Fixed Deposit interest rate up to 8.50% p. Hoop De Loop Saga Games Free Download. a.

Overview of LIC Housing Fixed Deposit. LIC Housing Finance Ltd. Was established in 1989. The application form can be submitted at any of the LIC Housing Finance. LIC Housing Finance Fixed Deposit Calculator to calculate maturity amount for FD amount, interest rates and tenure 30 days to 10 years.

Lic Housing Finance LtdLic Housing Finance Fd Form

Company Profile LIC Housing Finance Ltd. Is one of the largest Housing Finance Company in India. Incorporated on 19th June 1989 under the Companies Act, 1956, the company was promoted by LIC of India and went public in the year 1994. The Company launched its maiden GDR issue in 2004. The Authorized Capital of the Company is Rs.1500 Million (Rs.150 Crores) and its paid up Capital is Rs.850 Million (Rs.85 Crores).

The Company is recognized by National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE) and its shares are traded only in Demat format. The GDRs are listed on the Luxembourg Stock Exchange. The main objective of the Company is providing long term finance to individuals for purchase / construction / repair and renovation of new / existing flats / houses.

The Company also provides finance on existing property for business / personal needs and gives loans to professionals for purchase / construction of Clinics / Nursing Homes / Diagnostic Centers / Office Space and also for purchase of equipment. Important Information (Instructions) Attach Following Document Along With the Application Form:- 1] Self attested copy of PAN Card and address proof (all the applicants in case of joint application). 2] Stick Passport size photograph of sole applicant on application form.

3] Signature of all applicants on the application form. 4] At par A/c Payee Cheque / DD (payable at Pune) should be drawn in favour of “LIC Housing Finance Limited – Public Deposit A/c” 5] One cancelled cheque (for ECS).

6] Send your application form on our address. 7] The Acknowledgement copy will be sent by Email / Post. 8] Keep photocopy of application form for your record. 9] Free Home Service is available. Interest Rates (%) RATE OF INTEREST APPLICABLE TO RETAIL DEPOSIT UP TO RS.

5 CRORE Term Revised ROI per annum on Deposits from General Public Revised ROI per annum on Deposits from Senior Citizens up to Rs. 50,000/- Revised ROI per annum on Deposits from Senior Citizens above Rs. 51,000/- 1 YEAR 8.25% p.a. 18 MONTHS 8.25% p.a. 2 YEAR 8.35% p.a. 3 YEAR 8.40% p.a. 5 YEAR 8.50% p.a.

Interest is Payable/Compoundable Annually.

LIC Housing Finance Fixed Deposit Calculator LIC Housing Finance, a leading HFC in India offers attractive interest rates upto 7.45% on its fixed deposits. FD maturity amount that you will get depends upon • Deposit amount • Rate of interest • FD tenure • Compounding frequency • TDS applicability and TDS rate LIC Housing Finance Fixed Deposit Interest Calculator • In a periodic interest payout option, LIC Housing Finance would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.

• In case you opt for a LIC Housing Finance cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS. • Calculate the FD maturity amount using the FD calculator. Tax on Fixed Deposit LIC • In case the interest earned by you across all your fixed deposits across all branches of LIC Housing Finance in a year exceeds 10,000, the bank must deduct TDS at 10.3%. In case your IT PAN is not updated in the LIC Housing Finance records, it must deduct twice the TDS at 20.6%. So, do remember to update your PAN on your FD. • Sorry, but we aren’t done with tax yet.

Leap Frog Logic Game Answer. This was only the TDS. Now, you would need to add the interest income on all your LIC Housing Finance FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March). • LIC Housing Finance will also issue you a Form 16A giving details of tax deducted on FD interest and tax deposited by it with government treasury.

The TDS amount deposited by the bank with Income Tax Department can be verified in your 26AS statement available online on IT department website or through your net banking account. You can claim credit for the TDS amount in your annual Income Tax Return. LIC Housing Finance FD interest rate calculator – Check your city • Keep your KYC documents - PAN card, address proof and photo ready.