LIC Housing Finance has set a target of disbursing loans worth over Rs 50,000 crore during the current financial year. The company has disbursed around Rs 15,000 crore till August and recorded a total disbursement of Rs 41,541 crore, up by 15%, in last financial year.
LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.