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NSE
537.50
Change Change %
-1.05 -0.19%

Updated:27 May, 2019, 14:04 PM IST

BSE
538.00
Change Change %
-0.25 -0.05%

Updated:27 May, 2019, 14:11 PM IST

LIC Housing Finance (LICHF) was incorporated on June 1989. It is the largest housing finance company in India. The core business  of the company is to provide long term finance for various housing needs.

It provides finance to individuals as well as to corporate for purchase, construction, repair, renovations of new, existing flats and houses. It also offers finance for purchase / construction of Clinics / Nursing Homes / Diagnostic Centers / Office Space and also for purchase of equipments.

The company’s GDR was launched in 2004 and is listed on the Luxembourg Stock Exchange.

LICHF has a network of 13 back offices, 181 marketing units, 773 direct sales agents (DSA), 3400 home loan agents (HLAs) and 615 customer relationship associates (CRAs) across India.

The Company has set up a Representative Office in Dubai and Kuwait to cater to the Non–Resident Indians in the GLCC countries covering Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia. Today the Company has a proud group of over 10,00,000 prudent house owners who have enjoyed the Company's financial assistance.

Products

Home Loans– It provides a range of services serving various needs of individuals, NRIs and pensioners related to housing.

Corporate Loans– The company offers financial assistance to corporate for purchasing, constructing, renovating and repair of housing property.

Builders/Developers– It provides loans to builders or developers for construction of housing projects for commercialisation.

 

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