Incorporated in 1989, LIC Housing Finance Ltd is one of the largest Housing Finance Companies in India with a key objective of providing long term finance to individuals for the purchase or construction of house/flat for residential purposes in India. LIC Housing Finance also provides finance on existing property for business/ personal needs and also gives loans to professionals for purchase/construction of Clinics/Nursing Homes/ Diagnostic Centers/ Office Space and also for purchase of equipment. The company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purpose and to be sold by them.

The company went public in 1994 and since then its stocks are listed and actively traded on the National Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE). LIC Housing Finance is amongst the pioneers in India ensuring access to housing finance for home ownership. With a strong business foundation, an extensive distribution network and proven industry expertise, LIC HFL is a respected and trusted financial services company.

Business area of the company

LIC Housing Finance offers long-term finance for purchasing or building homes, and support for business or personal needs through property-backed loans. The company empowers professionals to set up clinics or offices and provide funding for builders shaping residential spaces. The company has an array of customized loan products catering to first time homebuyers, salaried, self-employed, professionals and pensioners at low rates of interest and affordable EMIs.

Services & Products offered by the company

Housing loan

• Home Loan
• Plot Loan
• Home Loan for Pensioners
• Home Loan for NRI
• Griha Suvidha Home Loan
• Griha Suvidha Asha Home Loan
• Griha Sugam
• Sure Fixed Scheme

Corporate/ Projects Loans

• Builder Developers Scheme
• Line of Credit ‘TO’ and ‘Through’ Scheme

Other Loans

• Loan against property
  
• Loans to professional
• Loan against property for companies
  
• Loan under rental securitizations

Awards & Accolades

• 2019: Received Data Quality Award by Transunion CIBIL in the Housing Finance Company category at the TU CIBIL Annual Conference 2019.
• 2019: Awarded the ‘Best Housing Finance Company’ at the National Real Estate Congress Leadership & Awards 2019.
• 2019: Listed as ‘The Outperforming Housing Finance Company 2019’ by Outlook Business
• 2019: Awarded Best Private Issuer 2019 on Electronic Bidding Platform by National Stock Exchange
• 2019: Featured in the Top 10 Most Consistent Wealth Creators according to the ‘Motilal Oswal 24th Annual Wealth Creation Study, 2019’.
• 2022: Best Organisation for Women 2022” Award by ‘The Economic Times’ 
• 2022: “BEST CSR” Award in the 11th Edition of Global CSR Excellence & Leadership Awards
• 2023: Winner of Indian Chamber of Commerce Social Impact Awards under “Empowering 2023 the Rural Population” category
• 2024: Awarded the Best CSR Team of the Year and Best Use of CSR Practices in various sectors in UBS Forums 10th Edition CSR Summit and Awards 2024 
• 2024: Winner of the “Corporate Bond Private Placement-Private Issuer of the Year” by Assocham

Milestones:

• 1989: Incorporated LICHFL; Lending commences from first office in Delhi.
  
• 1994: Launched IPO of Rs 120 crore.
  
• 2002: Set up Dubai office, marking first overseas presence
  
• 2004: Loan portfolio crosses Rs 10,000 crore
  
• 2004: $29 million GDR issue; First HFC to do GDR issue oversubscribe
  
• 2009: QIP of $135 million oversubscribed 6 times
  
• 2015: Loan portfolio crosses Rs 1,00,000 crore
  
• 2017: Crossed Rs 1,50,000 crore in assets
  
• 2018: Profiled in India’s Leading BFSI Companies 2018 by Dun & Bradstreet
  
• 2019: Crossed Rs 2,00,000 crore in assets.
  
• 2020: LIC Housing Finance identifies 14 projects for alternative investment fund
  
• 2020: LIC Housing Finance launches Project RED to improve efficiencies
• 2023: Introduced Cluster-driven Hub-andSpoke Model for faster TAT in loan disbursements
• 2024: Restructured the marketing set-up by opening 46 new Marketing Offices and 44 new Cluster Offices and increasing our network to 450 centres from 314 centres in the previous financial year.
• 2025: Crossed Rs 3 lakh crore in Total Portfolio and Rs 5,000 crore in Net Profit