LIC Housing Finance is aiming to garner total business of Rs 33,000 crore in FY15, up by 22% over the same period last year. In the last fiscal, total business volume stood at Rs 27,000 crore, while the loan portfolio grew by 18%.
Ninety-five percent of business was contributed from the affordable housing segment, while 85% of customers contribute the middle income group.
LIC Housing Finance is the second largest housing finance player in India. It has one of the widest networks of over 205 offices across the country and representative offices at Dubai & Kuwait.
