LIC HOUSING FINANCE LTD TRIVANDRUM
About LIC HOUSING FINANCE LTD TRIVANDRUM
LIC Housing Finance Ltd. is one of the largest Housing Finance company in India. Incorporated on 19th June 1989 under the Companies Act, 1956, the company was promoted by LIC of India and went public in the year 1994. The Company launched its maiden GDR issue in 2004. The Authorized Capital of the Company is Rs.1500 Million (Rs.150 Crores) and its paid up Capital is Rs.850 Millions (Rs.85 Crores). The Company is recognized by National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE) and its shares are traded only in Demat format. The GDR's are listed on the Luxembourg Stock Exchange.
Loan Amount
:
Min. Rs. 1,00,000.
Loan to Property Cost
:
85% of total Cost of the property including Stamp Duty and Registration Charges for loan upto 20 lakhs.
80% of total Cost of the property including Stamp Duty and Registration Charges for loan above 20 lakhs.
Loan Term
:
Maximum 20 years Repayment
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