With a view to cater to a large crowd of NRIs settled in various countries LIC has established its offices in around 12 countries. LIC is spread in locations like Bangalore, Mumbai, Hyderabad, Delhi, Chennai, Pune, Ahmedabad, Ghaziabad, Kerala, Kolkata, Noida and Gurgaon.
LIC Housing Finance Limited
LIC Housing Finance
Limited is an LIC subsidiary and is considered to be one of India's largest home finance providing company. LIC Housing finance Ltd. was formed on June 19th, 1989 and was promoted by LIC and came into the market in the year 1994. LIC Housing Finance Ltd. has got recognition from the National Housing Bank and is listed both on NSE(National Stock Exchange) and BSE(Bombay Stock Exchange). Following are certain key objectives of the company:
Offering fixed deposits at affordable rates, home loans to individuals for buying/constructing/repairing and other renovation work of fresh house/flat. The company also offers finance options for renovation or restructuring of business property or in order to meet certain needs and requirements both at the personal or professional front. The LIC provides home loans at affordable interest rates to its customers. You can also use the EMI calculator available at the bank's website to calculate your estimated repayments.