how to get housing loan from lic hyderabad, To get Home loan from Lic housing finance is easy.
LIC Housing loans works on Network of Intermediaries
- DME ( Marketing Channel by LICHFL)
- DSA ( Authorized sales agents )–Registered firms/companies.
- HLA (Home loan Agents) -Individuals
And Then these any one of the above
——-> Take your application
——-> Collect the required documents
——> Do documentation
——-> check the eligibility /Calculation
——-> Create File Number, Follow up of Valuation and Legal reports
——-> Process it for Sanction to Area Office
——-> Area office Inspections and Checking the File by Area office associate/Manager
——-> Recommended to Sanction department / Business office/Back office/ Regional office
———> File gets sanctioned
———> Disbursement Requirements are Fulfilled by Follow up of Marketing intermediaries from the customers and Submit the documentation and Agreements to disbursement department. Then Approval comes and In Case of Purchase of property–RTGS is one, in Takeover /balance transfer cases–Cheque is prepared, In top up loans-direct rtgs.
CONCLUSION :Trust all intermediaries and enquire for their Respective codes alloted by LICHFL and Proceed for the loan. Apply loan only through Authorized Intermediaries only.
Contact : Vijay Arjun.V DME, lichfl ( Code: HYD0087) For Quick and Accurate approval and Disbursement.
