The Free Press Journal

LIC Housing Finance disburses Rs 1,331 cr of loans via mobile ap

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LIC Housing Finance on Friday said it has disbursed Rs 1,331 crore worth loans through its mobile banking app in the last one year. It said the ' Homy' app facilitate­d 14,155 customer home loan applicatio­ns since its launch on Februar y 14, 2020. Of these, loans were disbursed to 6,884 customers amounting to Rs 1,331 crore so far, it said in a release. "We are thrilled with the massive customer response received over the past year and aim to work towards the ultimate objective of organizing and automating ever y facet of customer interactio­n under Project RED," LIC Housing Finance MD and CEO Y Viswanatha Gowd said.

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