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LIC-Life Insurance Corporation of India

LIC is a global business which includes the insurance, pension, unit plans, special and withdrawn plans. It is also known as Life Insurance Corporation of India and is governed by the Government. It was established in the year 1956. The headquarters of them are situated in Mumbai. To have any information about the policy details, you can contact on the number 1251. The NAVs for the Bima Plus, Future Plus, Jeevan Plus, Market Plus, Money, Fortune, Profit, Gratuity, Health, Money, Market, Child Fortune, Market Plus, Health Protection Plus, Jeevan Saathi Plus and Wealth Plus are available on the official website. LIC have come up with the online payment scheme for the payment of premiums. LIC also authorizes the agents for the schemes such as insurance agents.

Life Insurance Corporation of India has 8 Zonal offices and 101 divisional offices. The objective of LIC India is to promote the spread of insurance programmes for the public particularly in rural areas and also in the other parts of India. It also offers the group insurance scheme which takes into account the benefits of the group of people. It also has the locator on the website which will give you an idea about the branches of LIC in India. The more people who apply for the LIC schemes are from the cities like Bangalore, Chennai, Mumbai, Hyderabad and Delhi. The various plans of them are Jeevan Saral, Amulya Jeevan, Anmol Jeevan, Nischay, Tarang, Jeeven Anand Policy, Jeevan Shree and Komal Jeevan.

Insurance plans of LIC have different features for the plans. Insurance plans of LIC include Children Plans, Plans for Handicapped Dependents, Endowment Assurance Plans, Plans for High Worth Individuals, Money Back plans, Whole Life plans and Joint Life Plan. The products offered by LIC include Individual Life Insurance, Group Insurance and Pension Plans. The subsidiaries of the corporation are as follows:
  • LIC Housing Finance Limited
  • LIC (Nepal) Limited
  • LIC (Lanka) Limited
  • LIC (International) BSC(C), Behrain

LIC Website

LIC Website provides the full fledged information about the branches of LIC, policies, plans and ULIP plan. The official website of LIC www.licindia.com contains the information about the plan NAVs and also information regarding mutual fund, market share, policy status, jobs and offices. Under the LIC Housing Finance Limited, LIC grants the loan for the housing scheme. The website www.lichousing.com provides the information about what is the background of LIC, its achievement and developemnt, who can apply for the housing loan, eligibility criteria for the housing finance and it also has the emi calculator.

Website: www.licindia.com

LIC Home Loan Interest Rate

LIC Home Loan interest rate is of high importance for the people who are planning to apply for the home loans. LIC home loan interest rate in 2009 was 10.75-11.25% and it came down as it has cut the interest rate by 75 basis points.

The rate of interest charged by them is the lowest as compared to the other banks that are providing the home loans. The home loan rate of interest in India varies from banks to banks but the LIC is the only one that provides the home loan at low rate. The interest rate 2010 of the LIC home loan is about to rise as from the previous year.

The customer care number for LIC home loan is provided here to contact them.
Contact No.:91-22-26137545.
Website: www.lichfl.com


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