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Last Updated on January 19, 2021
Implementing Partners
Thematic Areas
Sector : Finance
International Origin : No
Company Type: Exchange Listed (BSE,NSE)
CSR Financial Details (INR Cr.)
Financial Insights
Estimated Prescribed CSR Budget of FY 2020-21: INR 62.76 Cr
Company’s Statement for unspent in FY 2019-20: The Company is in the process of gradually building and developing the internal CSR appraisal mechanism, for appraising CSR projects / activities as it intends to contribute towards genuine projects and partner with only reputed implementation agencies with proven track record. The Company has emphasis on periodically monitoring the CSR contribution made by it. During financial year 2019-2020 the Company has sanctioned the entire CSR budget for the approved projects. The Company is committed towards funding genuine CSR activities.
About the company
Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) 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. LICHFL 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.
LIC HFL 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. We pride in having served over 25 lakhs prudent home owners.
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