Latest News | PNB Housing Fin Opens 'Roshni' Branches in Various Cities for Affordable Housing Loans
Get latest articles and stories on Latest News at LatestLY. PNB Housing Finance on Friday said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment.
New Delhi, Dec 16 (PTI) PNB Housing Finance on Friday said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment.
Through its affordable home loan scheme Roshni, the city-based lender has also renewed its commitment towards the government's Housing for All mission, it added.
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Under this initiative, PNB Housing Finance will offer retail loans to individuals in the range of Rs 5 lakh to Rs 30 lakh.
The company's Roshni branches inaugurated in Chennai, Coimbatore, Ghaziabad, Hyderabad, Indore/Ujjain, Lucknow, Mumbai, Nagpur, Pune, Rajkot and Varanasi will cater to customers in this segment.
Borrowers can get loans for purchase of house property, self-construction, home extension/renovation, plot purchase plus construction, loan against property, among others, PNB Housing Finance said in a release.
Whether loan applicants are new to credit, self-employed without formal income or salaried from a low-income group with household income as low as Rs 10,000 to middle-income category, they all shall be considered, it added.
"With Roshni, we continue to augment our affordable housing portfolio. At PNB Housing Finance, we strive to stay closer to customers. Therefore, we are focused on building our presence across the country in tier 2 and 3 cities to address the growing needs of prospective homeowners," Girish Kousgi, MD and CEO of PNB Housing Finance, said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)