LIC Housing Finance

About Us

• Launched in 1989 as per Companies Act, 1956 lic housing finance has grown to be one of the largest lender in home-finance MARKET
LIC Housing Finance Limited is one of the leading players in the home loan segment. Incorporated on June 19, 1989 and promoted by the Life Insurance Corporation of India, LIC Housing Finance Limited boasts of an extensive distribution network and a massive brand presence, by virtue of being one of the earlier entrants in the market for housing loans. LIC offers home loans for construction/purchase of house/flat and for renovation of existing flat/house as well. To know more about LIC Home Loan, go through the following lines.
• Promoted by LIC that helped in initial business functions. Finally after being promoted as a company OFFERING housing finance by lic it went public in 1994.
• lichousing finance news state that its authorized capital stands at Rs.150 crores or Rs.150 million
• Its shares are TRADE only in dematerialized form at both NSE and BSE.
• Its GDRs are TRADED at Luxembourg Stock Exchange
• Presently, according to lichousing finance news there are over 158 MARKETING units; along with a wide network of 6 regional offices and over 13 back-offices.

Various Products OFFERED By LIC Housing Finance:
As per various lichousing finance news, there are many products that are offered by the company ever since it was launched way back in the year 1989. These include both deposits as well as advance schemes that work as tools of housing finance by lic:
Loans: Loans are offered as per different target groups of consumers. Thus, there are lic housing finance schemes offered as loans according to different borrower-category, such as:
i) Corporate loans
ii) Loans meant specifically for builders as well as real estate developers
iii) Home-loans
iv) Loans aimed at professionals
Deposit schemes: Deposit schemes were first launched by the company on 10th May 2007 and may be accepted as both cumulative as well as non-cumulative deposit schemes. Terms of deposit may range from 1 year; 18 months; 2 years; 3 years as well as 5 years.
Interest under non-cumulative deposit schemes would be distributed twice a year; whereas interest on cumulative deposit schemes would be calculated as per bi-annually compounding.
Loan-schemes available with lic HOUSING FINANCE are customized to suit varied requirements as per individual borrower-profile. As per official website and lichousing finance news following loans are available:
HOME LOANS : Are OFFERED at easy rates to both residents as well as non-resident Indians. Step-up facility in terms of amount of EMI amount is also available for those who wish to opt for a steady increase in their repayment capacity during tenure if loan.
Corporate loans: Aimed at corporate employees who have been approved by LIC and include employees of PSUs, reputed public as well as private limited companies HOUSING FINANCE by lic loans to professionals: Aimed at non-salaried professionals.

LIC Housing Finance Ltd. is one of the largest Housing Finance company in India. 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 Centres / Office Space and also for purchase of equipment
+ Attractive interest rates
+ Hassle free procedures
+ Easy documentation
+ No hidden costs
+ Customized products to suit your needs
+ 209 Offices across India and 2 Offices in Middle East
+ Well trained professionals providing doorstep service
Residential proof LIC Loans Are Offered For Various Kinds Of Purposes :
Purchase / construction / repair and renovation of both new as well as existing homes
Funding for property required for personal or business needs
Loan-schemes are also available as per borrower-category: such as professionals for their business needs; corporate employees who are recognized by LIC
Loan-schemes are also available to builders as well as real-estate developers
Types Of LIC Housing Finance Loan Schemes Offered By The Company:
Various types of HOME LOAN schemes are offered to eligible customers.

Get Enquiry Here

9594111161 / 9967111161
504, 5th Floor Suchita Business Park,
Raigad Chowk, Station Road, Ghatkopar (E), Mumbai 400 077

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