Vinay Sah, Managing Director and CEO, LIC HFL will be inaugurating the event at 5:00 PM on June 22nd. The Expo will showcase wide range of plots, flats & villas, both in affordable and luxury segments.
LIC Housing Finance Ltd. has always been offering products that are customized to suit the needs of borrowers. This will be a good platform for the prospective customers who can look forward to value deals and discounts from the participating builders. The major attraction for customers in the expo is they can get loans sanctioned on the spot from LIC Housing Finance with NO PROCESSING FEES. This will help them identify properties according to their eligibility and budget.
LIC HFL team of experts will be available at the venue to provide guidance regarding the technical aspects of loan eligibility, which will help buyers make informed decisions. A footfall of around 8,000 is expected during the three day event.
The Southern Central Region of LIC HFL comprises of the state of Karnataka which holds around 11 % of the loan book of the Company with 25 marketing offices and 2 back offices. For the year ended 31st March 2018, the region disbursed about Rs. 5686 crores.
LIC Housing Finance Ltd, under its loan scheme Griha Siddhi, offers maximum tenure of 30 years for all its housing loan products, with rates of interest starts as low as 8.40%. For the first time, home borrowers can avail additional benefits under Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme (CLSS).