Home loan facility is now being launched at the nearest post office, for which a major MoU has been signed with LIC Housing Finance.
New Delhi: With the gradual recovery of transactions in many sectors, the second wave of corona is mostly decreasing.
Corona closed many industries, businesses, businesses. But now it is gaining momentum and getting better response from customers. Having your own home is a big dream. Most of the people take home loan.
Getting a home loan will not take much effort, as the home loan facility is being launched at the nearest post office, for which a major deal has been signed with LIC Housing Finance.
To expand the home loan market, LIC Housing Finance has entered into an agreement with India Post Payment Bank (IPPB) to expand the home loan market. The employees of India Post will work to get them business.
After the agreement, 45 crore customers of Post Office Bank will now be available for LIC Housing Finance where the company will find new markets and new customers for home loans. India Post Payment Bank has 650 branches and 1.36 lakh banking touch points across the country.
India Post has a network of over 2 lakh postmen and rural postal workers. These people now have facilities like micro ATMs, biometric devices. In fact, India Post has also laid great emphasis on banking services. For LICHFL, India Post employees will be the driving force behind the business.
IPPB Managing Director and Chief Executive Officer J. Venkataramu said that the tie-up with LIC Housing Finance is a great success for India Post. Now our customers will also get home loan facility on their platform.
We strive to provide maximum convenience to our customers. Apart from this, our focus is on digital banking. LIC Housing Finance is currently offering home loans at 6.66 per cent.
Y Vishwanath Gaur, Managing Director and CEO, LIC Housing Finance said, “With the help of our strategic partnership with India Post Payments Bank, we will explore new markets for ourselves.
This will increase our reach and attract new customers. India Post is available in every nook and corner of the country. In such a situation, signing a contract with the post office network is a big achievement for us.
LIC Housing is offering home loan at the rate of 6.66 per cent for home loans up to Rs 50 lakh. If you have a good CIBIL score, you can easily get a home loan of up to Rs 50 lakh at this interest rate.
This allows customers to visit the nearest post office and avail home loan facility.
