LIC Housing Finance Ltd is one of the oldest finance companies in India offering its customers home loans. It has been a provider of home loans for a long time and has since become a leading player in the home loan market in the country. LIC Housing Finance Ltd over the years has grown a vast network for distribution and since the Life Insurance Corporation of India backs it, it is a valued brand in the country.
The Life Insurance Corporation of India, is itself is a highly valued, reputed company in India, which is a household name and hence, customers have positive association with the name when dealing with LIC Housing Finance Ltd. As the very name suggest, LIC Housing Finance Ltd has been set up in order to provide finance for housing. The company offers three types of home loans depending on the customer type. Their home loans are available to resident Indians, Non Resident Indians and pensioners. In order to attract customers, LIC Housing Finance Ltd, provides home loans at very competitive and attractive rates of interest. Furthermore, the loan application, sanction and disbursal process is smooth and hassle-free.
LIC Housing Finance Ltd, has managed this by employing smart and capable people and then, giving them the training and the knowhow to be proficient in their work, as well as professional and efficient. Loan applicants find that their documents and money are in capable and caring hands of the personnel of the LIC Housing Finance Ltd. They endeavor to answer all the queries and doubts that the customers may have. They ensure that the customers are aware of every cost or charge that they would have to incur for availing the home loan. There are no hidden charges associated with the home loan. LIC Housing Finance Ltd also provides doorstep service; this means that they will visit the customer at his or her office or home as per the customers’ convenience.