LIC Housing Finance provide loans for housing needs of NRI’s in GCC - India Kuwait News and updates

LIC Housing Finance provide loans for housing needs of NRI’s in GCC

Wednesday, January 13, 2021
LIC Housing Finance provide loans for housing needs of NRI’s in GCC

LIC Housing Finance representative offices in Kuwait and Dubai provide loans for housing needs of NRI’s in GCC countries at an attractive rate of interest starting from 6.90% onwards which is amongst the best in industry. NRI loans are available for a maximum term of 15 / 20 years with disbursement facility in Indian Rupees in India and repayments in India, LIC officials informed.

LIC Housing Finance core loan schemes cater to the purchase/construction of flat/house, purchase of plot, repairs/renovations to existing house/flat needs of NRI’s. Spread over 282 marketing offices, covering major geography of India, the company also has representative offices in Kuwait and Dubai to sanction loans for applicants resides at these locations.

"We follow a sound system of legal and technical verifications for the properties intended for purchase whereby valuing the hard-earned money of the client at large," LIC officials informed.

LIC Housing Finance also offer to take over your existing home loan and enjoy benefits such as lower rate of interest, affordable EMIs and waiver of 2 EMIs. Under purchase of House/Flat, they offer up to 6 EMI waivers. The offer helps to ease the burden of heavy EMI. The waiver will be 2 EMIs each at the end of 3rd, 6th and 10th years provided the borrower is regular in repayments and makes no pre-payment for the interim years.

For any further details, NRIs in Kuwiat may contact

LIC Housing Finance Ltd (Representative Office)

Chief Agent: Warba Insurance Company KSC

Located at: Warba Tower,3th Floor,

Ahmad Al Jabar Street, (Near Crsytal Tower), Sharq, Kuwait City

Resident Manager: Mr. Neeraj Bhargava

E Mail: [email protected]

Mobile: 65934714,94003496

Phone: (965) 22914323,22914253


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