LIC Housing Finance Ltd

Monday, May 1, 2017

LIC Housing Finance Ltd (LICHFL), is a premier housing finance company promoted by insurance behemoth LIC of India. LIC HFL has wide network of offices in India covering more than 450 centers. In the Middle East Region, the Company has representative offices in Kuwait and Dubai catering to NRIs in the GCC countries covering Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia. The NRI housing loan portfolio is around INR 5317 crores.

LICHFL has special customized housing products for its NRI customers for purchase or construction of residential flat or house, purchase of plot, renovation or repairs to existing properties. The Company has a special Affordable Housing Loan Scheme designed in line with the Government of India’s Mission of “Housing for All” by 2022. The Office at Kuwait is authorized to sanction loans at very competitive interest rates to Indian expats residing in Gulf and aspiring to purchase property back in India. The loan tenure is maximum up to 20 years with disbursement facility in INR in India. The customers have flexible repayment options of EMI either through NRE/NRO account or banking channels. The Company provides special dispensation for NRIs working in Kuwait Ministries such as nurses, engineers, doctors, technicians etc. Loans can be considered for this segment immediately after receipt of their first salary in their bank account. They can be granted loans up to 20 years or attainment of age of 65 years (Retirement age as per Kuwait Government rules).

Purchase of house is the costliest decision in an individual’s life. Hence LIC HFL firmly believes that the purchaser is ensured of hassle free loan transaction. The Company has well established and robust systems of legal and technical evaluation of the properties to be financed to assist the borrowers to make informed choices. The Kuwait office provides hand holding for the clients during the entire lifecycle of the loan. All servicing needs right from loan sanction and post disbursement needs are being catered by the Kuwait office itself.

Contact Address:
LIC Housing Finance Ltd
(Representative Office)
Chief Agent: Warba Insurance Company KSC
Located at: Warba Tower, 7th Floor,
Ahmad Al Jabar Street,
(Near Doha Bank, Opposite Udipi Restaurant),
Sharq, Kuwait City


Resident Manager: Mr. Rajeev S. Sakhuja
E Mail: [email protected]
Mobile: 99339732
Phone: (965) 22914253, 22914323 / 52



Express your comment on this article

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.
Image

Migration Norm Set: Safe Orderly and Regular Migration

“Global compact for safe, regular and orderly migration” The Norm on the Build. "Migrants are h

Image

The bogus words

A few days back I received a message on Whats App:If an assault with the intention of committing ra

Image

Anybody Got a Spine???

Fourteen Prime Ministers have taken charge of our country, and between themselves they have had Sev

Image

Indian Rupee (INR) -3 Questions

The Indian Rupee (INR) is surprisingly strong proving many analysts wrong. In a world where emergin

Image

“What have you done for me?”

Suruchi was twelve years old, when she had blurted out the above words, and her words had sharp

Image

Linking India to Kuwait through Music: The One and Only Veena Guru in Kuwait.

Veena is one of the most ancient south Indian instruments. However, amongst the multitude of string

Image

GST: One Nation, One Tax

When parliament of India passed constitutional amendment bill in 2016, it paved the way for GST. An

Image

Earth Day – Celebrating Earth Day is more important than ever

These days, I have seen people, including children being aware of the consequence of environmental

Image

An Indian Voice for Football

An Indian football commentator who revolutionized regional language commentary with a unique record

Image

Confidence, Discipline and Health, the Karate Way

In the present world we talk a lot about self-dependency and the courage to face the world. Self-co

Image

Mughal Mahal Exotica - An aromatic and exotic twist to Indian food

When it comes to Indian food in Kuwait, no doubt ‘Mughal Mahal’ set an example among the residents

Image

Experience Indian Corner Tandoori Nights at Al Manshar Rotana Hotel

Al Manshar Rotana Hotel at Fahaheel, Kuwait launched an authentic Tandoori Night with an Indian cor

Image

Biryani & Kebabi restaurant opened at Arabia Mall in Egila

Biryani & Kebabi is the newest addition to Al Sabah & Kohli food and beverage brands. Al Sabah & Ko

Image

Indulge in the luxury of Indian dinner every Tuesday at Jumeirah’s Garden Café

We all love luxury. We have many occasions to celebrate life luxuriously. Be it our anniversary, bi

Image

Summer Cricket coaching camp by Cricket Coaching Academy

22 Yards Cricket Coaching Academy would like to invite cricketers of all age group to attend the Su

Image

Kumble withdraws as India head coach

Legendary leg-spinner Anil Kumble has decided against continuing as the head coach of the Indian c

Image

Kuwait Cricket congratulates all the winners and runners

KC Desert T20 Finals, KC T20 Premier League, KC U16 Juniors Championship and KC 50 Overs Champions

Image

Team Shifa Al-Jazeera Soccer Kerala Wins Kefak Grandhyper Soccer League

KEFAK Soccer League Season 5 ended with Team Shifa Al-Jazeera Soccer Kerala defending t

Image

Indian Cricket Captain Virat Kohli Bats For Charity at Fundraising Gala Dinner in London

The Virat Kohli Charity Ball to be held on Monday, 5th June 2017 at the HAC Ground The Virat Koh