IPP Bank offer Home Loan with LIC Housing Finance- India Post Payments Bank, LIC Housing Finance tie up to sell home loan: India Post payment LIC housing accounting the company jointly gives home loans.
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ToggleOperations under the Department of Posts India Post payment bank, LIC housing accounting The company has announced a joint home loan scheme.
IPP Bank offer Home Loan
India post payment the bank will offer LIC Home Loans to customers across India through its 650 branches and 1,36,000 centers.
India Post Payment Bank
To him India Post Over 4.5 crore customers of Payments Bank can avail home loans.
IPPB and LIC Housing responsible for Home Loan Processing and handling
The Memorandum of Understanding (MoU) signed between both the companies IPP Bank and LIC Housing Finance Limited says credit underwriting, processing of home loan, and disbursement for all home loans will be handled by LIC Housing Finance with IPPB responsible for sourcing.
in present, India Post Payments Bank has partnered with leading insurance companies to offer life insurance policies.
Almost Two lakh postal workers
Two lakh postal workers, with micro-ATMs and biometric devices, are providing door-to-door banking services.
LICHFL Vital Role in With IPPB Home Providing
LICHFL LIC housing accounting they also play a vital role in providing home loans to the company with IPPB.
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J Venkataraman, MD & CEO, India Post Payments Bank
J Venkataramu, MD & CEO, India Post Payments Bank said, “Easy credit is an important prerequisite for home purchase to achieve inclusive growth. Since its inception, IPPBank has been promoting financial inclusion in low-income and under-banked sectors. Committed to promote the last mile by leveraging the unparalleled network of post offices and technology-driven banking solutions.”
LICHF offer Up to 50 lakh with 6.66%
LIC Housing Finance Ltd offers up to Rs 50 lakh for home loans starting from 6.66 per cent interest with IPP Bank for salaried individuals. The rate of interest offered is linked to the borrower’s creditworthiness, as reflected by their CIBIL scores. Check official website for more details about home loan which signed MoU between LIC Housing Finance and India Post Payment Bank.