20--05-2023: AuctionBazaar is thrilled to announce its official partnership with LIC Housing Finance Limited (LIC HFL), one of India's largest housing finance companies. This collaboration marks a significant milestone for AuctionBazaar as it expands its reach and establishes itself as a trusted auction e-marketplace.

Due to the continuous buildup of NPAs, PSBs are keen to partake in e-auctions to regain the defaulted loans promptly. E-auction portals like AuctionBazaar have enormously helped these banks.


AuctionBazaar looks forward to helping as an associate of LIC Housing Finance Limited. AuctionBazaar will help LIC Housing Finance Limited liquidate its stressed assets faster. This strategic partnership will leverage AuctionBazaar's expertise in conducting transparent and efficient online LIC Housing Finance Limited auctioned properties to maximize investment returns.

AuctionBazaar is committed to upholding the highest transparency, efficiency, and customer satisfaction throughout the auction process.

Visit https://lichousing.auctionbazaar.com to explore the LIC Housing Finance Limited auctioned properties.
Get the most up-to-date information regarding properties available for auction.

About the Company: Auction Bazaar, a Fintech company, simplifies the NPA management process and makes bidding easy for potential bidders and financial institutions. The platform offers a holistic ecosystem for NPA management with its robust NPA management processes, customer-centric approach, high ethical standards, and transparency. At AuctionBazaar, get the details of bank-promoted properties auctioned or get the details of funding of NPA smoothly from NBFC/FI's/Banks.

About LIC Housing Finance Limited: LIC Housing Finance Limited (LIC HFL) is one of India's largest Housing Finance Mortgage loan companies with its Registered and Corporate office in Mumbai. LIC HFL is a subsidiary company of LIC.

The company's main objective is to provide long-term financing to individuals for the purchase or construction of houses or flats for residential purposes; The company also finances to repair and renovate existing apartments and houses.
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