LIC Housing Finance Ltd - Company Profile
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Business Description
LIC Housing Finance Ltd (LICHFL) is a housing finance companies in India. The company primarily provides long-term finance to individuals for the purchase or construction of residential properties. It also offers finance on existing properties for business or personal needs and provides loans to professionals for the purchase or construction of clinics, nursing homes, diagnostic centers, office spaces, and equipment. Additionally, LICHFL provides finance to builders and developers engaged in the construction of residential properties.
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Business Segments
Overview
Offers finance for construction, purchase, repairs, and renovation of building or house.
Performance
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Overview
Consists of Financial Services segment which involves business of marketing financial products and services on own account and on behalf of other service providers. Construction Segment establishes and operates assisted living community centres for elderly citizens in India. Asset Management segment includes promoting and managing various schemes on behalf of LIC Mutual Fund. Trusteeship segment supervises activities of LIC Mutual Fund.
Performance
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