LICHFL is based in Mumbai, India, and is among the largest housing finance corporations in the country. The company was established in 1989 with the primary objective of assisting individuals to build and repair or renovate houses or residential properties. Apart from loans for building houses or residential properties, the company also offers loans for building commercial properties. Loans are also available for professionals from various fields looking to purchase business equipment.

Trading publicly since 1994, the first GDR was issued in 2004. The company currently has capital of Rs. 150 crores, as well as a paid-up capital of 100.99 crores. LICHFL trades in the stock market through Demat accounts, having been listed on the National Stock Exchange as well as the Bombay Stock Exchange, and registered with the National Housing Bank.

It currently has nine regional offices and 23 back offices, with 273 marketing offices spread across the country. It also operates abroad with offices in countries like Kuwait and Dubai, Qatar, and Saudi Arabia, where it offers services to non-residents. The company’s coverage area spans over 450 centers and employs 12,000 marketing agents who guide its customers through the process of availing loans.

LICHFL had close to 1350 employees as of March 2013. About 444 of these were women, and 4 were disabled. As of 2019, the company had a little over 2100 employees.