Lic Home Loan Emi Calculator Guide:
Step 1: Enter the amount wanted to be borrowed in the “LOAN AMOUNT” column of calculator.
Step 2: Next, enter the time duration you want for “REPAYMENT TERM” of your loan in years.
Step 3: Then select the interest rate you want to opt for repayment of the loan in the “INTEREST RATE” section.
Step 4: Finally the button “CALCULATE” will give the EMI amount required by you to pay back the loan. This gives an idea about the EMI of loan and helps in deciding how to lessen the loan burden.