Lic Hfl ( Housing Finance Limited )

LIC Housing Finance Limited provides loans for purchase, construction, repair and renovation, etc. of houses/flats for individuals, corporate bodies, builders, and co-operative housing societies in India. The company offers finance on existing property for business or personal needs; loans to professionals for the purchase and construction of clinics, nursing homes, diagnostic centers, and office space, as well as for the purchase of equipment; and finance to individuals engaged in the business of construction and sale of houses or flats for residential purpose. It is also involved in setting up, running, and maintaining assisted living community center/care homes for senior citizens; marketing various financial products and services; and managing, advising, and administering mutual funds, unit trusts, and investment trusts. In addition, the company provides financial and investment advisory services; and acts as a trustee to venture capital trusts and funds. It markets its products through home loan agents, direct sales agents, and customer relation associates. The company operates through a network of 7 regional offices, 21 back offices, 240 marketing offices, and 1 customer service point in India, as well as representative offices in Dubai and Kuwait. LIC Housing Finance Limited was incorporated in 1989 and is based in Mumbai, India.