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Shriram Finance Limited offers asset-backed financing services, such as financing of goods carrying vehicles and small transit goods carriers; and commercial vehicles and construction equipment financing services. It also promotes housing finance activities through Shriram Housing Finance Limited; and provides insurance broking services under the name Shriram Insurance Brokers Limited to various insurance companies in India. In addition, the company undertakes life insurance business under the name Shriram Life Insurance Company Limited. Further, it undertakes automotive services business under the name Shriram Automall India Limited, which includes buying and selling of used commercial vehicles. The company was formerly known as LIC housing finance limited and changed its name to LIC Housing Finance Limited in April 2010. LIC Housing Finance Limited was founded in 1989 and is based in Mumbai, India.