India
About LIC Housing Finance Limited
LIC Housing Finance Limited is a leading housing finance company in India, specializing in loans for purchasing, constructing, repairing, and renovating residential properties. Established in 1989 and headquartered in Mumbai, the company serves a diverse customer base through multiple financial products and services.
Business Segments
- Loans: Core housing finance operations.
- Other: Additional financial services and products.
Key Offerings
- Home Loans: For residents, non-residents, and pensioners.
- Plot Loans: Financing for land purchases.
- Home Improvement Loans: For construction, renovation, and extensions.
- Builder/Developer Loans: Construction finance and term loans.
- Loans Against Property: For individuals and corporates.
- Loans Against Securities: Secured lending options.
- Rental Securitization Loans: Tailored for rental income properties.
- Professional Loans: Designed for self-employed professionals.
Additional Services
- Assisted living community centers for senior citizens.
- Private equity fund management, including venture capital and alternate investment funds.
- Asset management and trusteeship services.
- Marketing of insurance products, mutual funds, fixed deposits, and credit cards.
Customer Base
The company caters to:
- Salaried individuals
- Self-employed professionals
- SME customers
- Retired government employees
- Retail customers
Distribution Channels
LIC Housing Finance serves clients through:
- Home loan agents
- Direct sales agents
- Customer relation associates
