- They joined hands to sell housing finance products to the former’s 4.5 crore customers.
- The LIC Housing Finance will look after home loan’s credit underwriting, processing, and disbursement of the loans.
- The IPPB will look after the sourcing of the home loans.
- Due to this collaboration, the customers will be able to access home loan products of LIC Housing Finance through IPPB’s network.
- IPPB will make LIC Housing Finance home loan products accessible to its customers in India.
- Under this collaboration, IPPB’s 200,000 postal employees will offer LIC housing loans through its innovative Doorstep Banking Service.
- Static Part:
- HQ of IPPB: New Delhi
- Tagline of IPPB: Aapka Bank, Aapke Dwaar
- MD and CEO of IPPB: Venkatram Jayathy
- HQ of LIC Housing Finance: Mumbai
- Tagline of LIC Housing Finance: Where dreams come home
- MD and CEO of LIC Housing Finance: Y Viswanatha Gowd
Question:
a. LIC Housing Finance
b. PNB Housing Finance
c. GIC Housing Finance
d. Dewan Housing Finance Corporation
