LIC Housing Finance to sell homes.

BANKING AND CREDIT NEWS-January 16, 2020--LIC Housing Finance to sell homes

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Global Banking News - 16 January 2020

India-based LIC Housing Finance, a unit of insurer, LIC, has said that it will be offering fully-completed and partially completed houses for sale.

The offers are to be available until February 29. The offers are to apply to purchases of units for which the potential borrower has received the occupancy certificate (OC). The houses are being sold under the 'pay when you stay' scheme, wherein the borrower will be required to commence payment of principal only after he or she receives possession of the house, or after 48...

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