This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "LIC Housing Finance" – news · newspapers · books · scholar · JSTOR(July 2019) (Learn how and when to remove this message)
LIC Housing Finance Limited
Company type
Public
Traded as
BSE: 500253
NSE: LICHSGFIN
Industry
Financial services
Founded
19 June 1989 (34 years ago) (1989-06-19)
Founder
Life Insurance Corporation of India
Headquarters
Mumbai, India
Area served
India
Key people
Tribhuwan Adhikary (MD & CEO)[1]
Products
Home loans and Mortgage loans
Revenue
₹20,005 crore (US$2.5 billion)(2023)[2]
Operating income
₹16,963 crore (US$2.1 billion)(2023)
Net income
₹2,286 crore (US$290 million)(2023)
Total assets
₹254,687 crore (US$32 billion) (2023)
Total equity
₹24,751 crore (US$3.1 billion) (2023)
Number of employees
2,103
Parent
Life Insurance Corporation of India
Subsidiaries
LIC HFL Care Homes Limited
LIC HFL Financial Services Limited
LIC HFL Asset Management Company Private Limited
Website
lichousing.com
LIC Housing Finance Limited (LIC HFL) is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office at Mumbai. LIC HFL is a subsidiary company of LIC.
The main objective of the company is to provide long-term financing to individuals for the purchase or construction of houses or flats for residential purposes; The company also finances for the purpose of repair and renovation of existing flats and houses. The NBFC also provides financing on existing property for business and personal needs and gives loans to professionals for purchase or construction of Clinics, Nursing Homes, Diagnostic Centres, Office Space and also for purchase of equipment. The Company is very well known for providing long term financing to individuals engaged in the business of construction of houses or flats for residential purpose. LIC of India also holds promoter and controller status in IDBI Bank Ltd. from January 2019;[3]
^Bureau, Our (28 June 2023). "New CEO at LIC Housing Finance". @businessnews. Retrieved 28 June 2023.
^"LIC-HFL Annual Trends".
^"About Us - Company Profile". LIC Housing Finance Ltd. Retrieved 10 April 2015.
and 26 Related for: LIC Housing Finance information
LICHousingFinance Limited (LIC HFL) is one of the largest HousingFinance Mortgage loan companies in India having its Registered and Corporate office...
of public sector banks and financial institutions, including the LICHousingFinance CEO Ramchandran Nair, in connection with the scam. CBI alleged that...
Housing Development Finance Corporation was an Indian private sector mortgage lender based in Mumbai. It was the biggest housingfinance company in India...
com. CARE Ratings. 2 May 2023. Retrieved 6 December 2023. The Housing Development Finance Corporation Limited (HDFC) was among the first institutions to...
Commodities and Derivatives EXchange) was set up in 2003, by ICICI Bank Ltd, LIC, NABARD, NSE, Canara Bank, CRISIL, Goldman Sachs, Indian Farmers Fertiliser...
Insurance Corporation of India, Thiruvananthapuram Divisional Office, LICHousingFinance Limited, State Resource Centre, District Panjayat Headquarters, Fire...
National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI). The remaining 69.19% shares are owned by mutual funds, FIIs, banks...
cinematographer and the editor respectively. At the time of release, the LICHousingFinance took the film to court. The official had stated that Stanley P. Rajan...
floor of Industrial Assurance Building owned by LIC. GIC acquired Jeevan Kendra that belonged to LIC and housed its Bombay Zonal Office. It was extensively...
from Punjab University. Earlier she has also handled LICHousingFinance which is a subsidiary of LIC. She played an important role in turnaround of this...
Finance Corporation, and Assets Care Enterprise Limited. He also serves on the Boards of the LIC Pension Fund Ltd., Quantum Trustee Co. Pvt. Ltd, LIC...
LIC Building is a 15-storied building in Chennai, India, serving as the southern headquarters of the Life Insurance Corporation of India. It is the first...
Long Island City (LIC) is a residential and commercial neighborhood on the western tip of Queens, a borough in New York City in the United States. It...
Reliance Home Finance Limited (RHF), a 100% subsidiary of Reliance Capital, provides home loans, LAP, construction finance, and affordable housing loans. The...
product suite expanded to over 50 in this segment. In May 2021, Housing Development Finance Corporation (HDFC), had entered into a share purchase agreement...
company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housingfinance institutions and Abrdn, a global...
other investors including Madhu Kapur (8%), Mags Finvest Pvt. Ltd. (2%), and LIC India under its various schemes (10%). In March 2020, State Bank of India...
List of largest banks List of companies of India Make in India "Kadapa: LIC capable of meeting any challenge, says APGB chief". thehansindia.com. 2 September...
Enterprises (SLPEs), encompassing various sectors like energy, infrastructure, finance, and industry. It is important to note that this list may not be exhaustive...
of India has owned the bank. As per the announcement made by the Indian Finance Minister Nirmala Sitharaman on 30, 2019, Allahabad Bank merged on April...
(PDF). National Institute of Public Finance and Policy. "Pahal: Prakriti Hunar Lokvidya - A Compendium of Rural Housing Typologies". UNDP in India. 19 November...
"Northwell Health to Take Space at One Court Square in LIC, Open Urgent Care Facility". LIC Post. Retrieved August 28, 2023. Paybarah, Azi; Oats, David...
Global Information
₹20,005 crore (US$2.5 billion)(2023)[2]
₹16,963 crore (US$2.1 billion)(2023)