Journey of LIC Housing Finance

With our passion, professionalism and perseverance, we are on the right track for a focussed and progressive journey. With our increasing retail mix, strong capital adequacy, comfortable liquidity position, a resilient operating model, we are poised for a positive and exciting journey ahead of us.

OUR JOURNEY OF EVOLUTION

1989

Year of incorporation
Lending commences from first office in Delhi

1994

Launched IPO of ₹ 120 crore

2002

Achieved credit rating of AAA
Set up a representative office in Dubai, marking its first presence in the overseas market

2004

Loan portfolio crossed ₹ 10,000 crore
Emerged as the first Housing Finance to come out with a US$ 29 million GDR issue which was over-subscribed

2009

Launched a QIP of US$ 135 million, which was over-subscribed by six times

2012

Received the award for being the best Housing Finance Company from CNBC-TV18
Received the award "Best in Home Finance" from the construction industry

2014

Received an award for being the Best Housing Finance Company from ABP News

2015

Loan portfolio cross ₹ 1 lakh crore
Won award for Best HFC by BFSI Awards
Won an award for Best Data Quality in HFC by CIBIL

2016

Received the Outlook Money Award for Best HFC
Won the award for Best HFC by ABP News
Won the Asia Pacific Entrepreneurship Award
Won the Power Brands Award by Franchise India

2017

Crossed Loan Portfolio of ₹ 1.5 lakh crore
Received the Outlook Money Award for Best HFC
Won BFSI Best CEO Award from Business Today

2018

Profiled in India's leading BFSI Companies 2018 by Dun & Bradstreet

2019

Crossed Loan Portfolio of ₹ 2 lakh crore
Voted as Brand of the Decade 2019 by BARC Asia

2020

Ranked as the Best Private Issuer 2019 on Electronic Bidding Platform by National Stock Exchange
Received Data Quality Award by Transunion CIBIL in the Housing Finance Company category at the TU CIBIL Annual Conference 2019

Awarded the 'Best Housing Finance Company' at the National Real Estate Congress Leadership & Awards, 2019
Listed as 'The Outperforming Housing Finance Company 2019' by Outlook Business
Featured amongst the Top 10 Most Consistent Wealth Creators according to the "Motilal Oswal 24^th Annual Wealth Creation Study, 2019"

2022

Won the Global CSR, Excellence & Leadership Award 2021-22
Recognised as one of the "The Best Organisation for Women" by Economic Times
Economic Times awarded LIC HFL as one of the "Best Brands for 2021"
Recognised by Kendriya Sainik Board for valuable contribution in the past to Veer Naaris

2023

Introduced Cluster-driven Hub-and- Spoke Model for faster TAT in loan disbursements

2024

Restructured the marketing set-u by opening 46 new Marketing Offices and 44 new Cluster Office and increasing our network to 450 centres from 314 centres in the previous year