If you want to buy a house, this housing finance company will help, preparing to give ₹ 700 crore home loan this year

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Muthoot Homefin India Limited (MHIL), a subsidiary owned by Muthoot finance, said on Sunday that the company planned to give ₹ 700 crore home loan in FY 2021-22. The company said that we are moving fast towards the government’s ‘Housing for All’ initiative. Please tell that the company currently has more than 22,000 customers.

  • News18No
  • Last Updated:February 21, 2021 6:06 PM IS

New Delhi. Muthoot Homefin India Limited (MHIL), a subsidiary owned by Muthoot finance, said on Sunday that the company planned to give ₹ 700 crore home loan in FY 2021-22. In the first nine months of 2020-21, the Housing Finance Company disbursed a loan of ₹ 85.6 crore as compared to ₹ 356.4 crore in the same period of the previous financial year. The company’s release said that it currently has assets worth Rs 1,800 crore.

700 crore rupees home loan target
George Alexander Muthoot, the company’s managing director, said that the company aims to disburse home loans worth Rs 700 crore in FY 2021-22. He said that we want every Indian to have their own house. With this objective in mind, we have planned this to meet the needs and aspirations of affordable housing for home buyers. We are moving fast towards the government’s ‘Housing for All’ initiative.

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George Alexander Muthoot further says that the company now wants to expand its operations in the southern states of the country. The company is completely focusing in this direction right now. Explain that at present the company provides facilities in 16 states and union territories. The company has more than 22,000 customers. The company has said in its release that we have given more than 300 crore loan amount from National Housing Bank (NHB) under the credit linked subsidy scheme of Pradhan Mantri Awas Yojana.



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