LIC Financial Services
LIC is an insurance company that oversees the administration of social security and other life insurance schemes. This company also administers the PP Act and oversees the government sponsored schemes such as the LIC. LIC is the central regulatory authority and selects and appoints the Chairman/ MDs and Directors on its Board. The company also approves foreign deputies and permits executives to pursue commercial employment after retirement. For a detailed description of its qualifications and processes, please visit the official website of the company.
LIC Housing Finance Limited: LIC Housing Finance Ltd is the largest housing finance company in India. The company offers long-term finance for residential purposes, refinancing of existing homes, and financing for commercial properties. LIC also provides loans to professionals for office space, clinics, and diagnostic centers. With offices all over the country, LIC provides a comprehensive range of financing options to individuals and businesses. Its registered office is in Mumbai, making it a national leader in housing finance.