LIC Housing Finance Limited (LIC HFL), a major figure in India's mortgage and loan industry, is based in Mumbai and operates under Life Insurance Recovery Ltd.. Founded on June 19, 1989, LIC HFL has expanded considerably, becoming a public entity in 1994 and issuing its first global depository receipt in 2004.

Boasting an extensive network that includes 9 regional offices, 24 back offices, and 282 marketing offices across India, along with international offices in Kuwait and Dubai, LIC HFL provides a broad, accessible platform catering to a variety of clients, including the Non-Resident Indian community in the Persian Gulf. Its shares are traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India and are also listed on the Luxembourg Stock Exchange.

Focusing primarily on long-term financing for purchasing or constructing residential homes, LIC HFL offers diverse loan products tailored to meet its clients' varying needs, including loans for clinics, nursing homes, and office construction. Notably, in January 2019, LIC HFL achieved the status of promoter and controller in IDBI Bank Ltd., highlighting its significant role in the financial realm.

The company, led by MD & CEO Tribhuwan Adhikari, has reported substantial loan volumes and remarkable financial performance in the past year. In 2023, LIC HFL posted a revenue of around ₹20,005 crore, reflecting its operational success and customer trust.

Examining shareholders’ data as of March 2016, approximately 48.49% of shares are held by LIC, with the remainder owned by foreign institutional investors, mutual funds, and the general public. In 2019, LIC HFL had a staff of 2103, noted not just for their number but also for their high net profit per employee ratio, demonstrating their effectiveness and dedication to the company’s ongoing success.

LIC Housing Finance continues to enhance its digital platforms to streamline loan applications, ensuring quicker and more efficient service delivery. Its website allows for online home loan approvals, offering increased customer convenience and accessibility.

As part of its forward trajectory, LIC HFL remains committed to its mission of facilitating home ownership and supporting infrastructure development across India, firmly establishing itself as a pillar of the Indian housing finance sector.