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What is LIC Housing Finance Overview and Rates about?
LIC Housing Finance Ltd is a housing finance company promoted by Life Insurance Corporation of India with a 40.5% stake. It provides housing loans to individuals and agencies for construction of residential housing. It has the largest network in India with 181 offices covering 450 locations. It has subsidiaries that operate assisted living centres, provide non-fund services, and manage funds. In FY11, LICHFL sanctioned loans of Rs. 22,603 crore and disbursed Rs. 19,912 crore, with growth of 25% and 34%. Its
- Author
- varun0788
- Language
- EN