LIC Housing Finance Limited Company Profile
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Promoted by LIC and incorporated in 1989, LIC Housing Finance (LICHSGFIN), is provider of housing loans to individuals, builders and development authorities. The company also lends to corporate bodies and companies under different schemes for purchase/construction of office premises for their own use. The company has also started various schemes for NRIs. It has six regional offices and 115 area offices backed by a chain of camp offices nationwide. It also has an offshore office in Dubai to cater to NRI needs in the whole of the Middle East.
The company has floated a 100% subsidiary LICHF Care Homes to conduct the business of providing Assisted Living Community Centers for senior citizens. The company is also in the process of identifying land to set up dwelling units for senior citizens in places such as Kerala, Orissa and West Bengal. In recent years, the company has been facing competition from the commercial banks in the mortgage segment. |
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LICHSGFIN Intraday Realtime Chart
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