LIC Housing Finance Ltd
LIC Housing Finance Ltd (LICHFL), a subsidiary of the Life Insurance Corporation of India (LIC), is a cornerstone in the Indian housing finance sector. Since its inception in 1989, LICHFL has been committed to the noble cause of helping millions realize the dream of owning a home.
Empowering Homeownership
LICHFL’s primary mission is to provide long-term finance for individuals looking to purchase or construct houses or flats for residential purposes. The company’s product portfolio is diverse, offering home loans, plot loans, and loans for home improvement, construction, and extension. With a customer-centric approach, LICHFL has made the process of applying for home loans comfortable and accessible, even offering an online application facility.
Innovative Financial Solutions
Understanding the value of homeownership, LICHFL extends beyond just financing; it guides customers through every step of their journey. The company’s innovative solutions like the eNACH system ensure that EMI payments are hassle-free, with auto-debit features that eliminate the need to remember monthly payments.
A Digital Leap Forward
In the digital age, LICHFL has not stayed behind. The company has a robust customer portal that provides easy access to loan details, allowing customers to review and manage their transactions efficiently. Moreover, the ‘Realty Assist’ initiative by LICHFL is a property microsite that aids customers in searching for properties across India.
Investment and Savings
Apart from lending, LICHFL also encourages savings and investments through its deposit schemes. Public and corporate deposits offer a secure investment option with attractive returns, catering to the financial needs of a wide range of investors.
