Aadhar Housing Finance receives fresh CLSS subsidy of Rs. 176 Crore from NHB - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Friday, January 11, 2019

Aadhar Housing Finance receives fresh CLSS subsidy of Rs. 176 Crore from NHB

Aadhar Housing Finance receives fresh CLSS subsidy of Rs. 176 Crore from NHB

Aadhar Housing Finance, one of the largest affordable housing finance companies in India, has received fresh CLSS subsidy of Rs. 175.56 crores from National Housing Bank (NHB). The received amount was for 7592 customers in the Economically Weaker Section (EWS) and Low Income Group (LIG) who were eligible under Pradhan Mantri Awas Yojana(PMAY). The received subsidy is being passed on to the customers’ loan account and will reduce their monthly payable EMI. As on 31st Dec 2018, Aadhar has received and passed on Govt. CLSS subsidy to close to 10,000 families.

Mr. Deo Shankar Tripathi, MD & CEO of Aadhar housing finance said “Aadhar is dedicated to enable home ownership to the low income (LIG) and economically weaker sections (EWS) of the country and PMAY is a great boost to this vision. Our teams create extensive awareness on PMAY through various awareness drives at the ground level and provide full assistance to the eligible customers to receive the credit linked subsidy to support the govt’s vision of Housing for all by 2022”.

Aadhar Housing

 Finance Limited 

(www.aadharhousing.com)

Aadhar Housing Finance Limited (Aadhar), erstwhile DHFL Vysya Housing Finance Ltd, a subsidiary of Wadhawan Global Capital (WGC), is one of the largest affordable housing finance companies in India servicing the home financing needs of the low-income and economically weaker segments of the society.


Aadhar is backed by the World Bank through the equity participation of International Finance Corporation (IFC). Today, its 330 branches across 20 states and union territories covering more than 2200 locations help to reach more than 90% of the country’s low income population and provide credit solutions that make home-ownership accessible to everyone.
Aadhar Housing Finance receives fresh CLSS subsidy of Rs. 176 Crore from NHB Reviewed by Investment Guru on January 11, 2019 Rating: 5 Aadhar Housing Finance receives fresh CLSS subsidy of Rs. 176 Crore from NHB Aadhar Housing Finance, one of the largest affordable hou...

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