Punjab Nationwide Financial institution (PNB) and Aadhar Housing Finance Ltd (AHFL) have entered right into a co-lending settlement to supply residence loans at aggressive rates of interest.
Via this partnership, the intention is to achieve out to a big part of society viz. economically weaker, decrease, and middle-Revenue teams for offering simple, handy, and environment friendly residence finance options to prospects.
The co-lending framework of the Reserve Financial institution of India offers a instrument for the Banks and NBFCs/HFCs to collaborate, leverage on their respective strengths to supply inexpensive answer to the unserved and underserved sections of the society.
The settlement was signed in presence of Kalyan Kumar, Binod Kumar, M Paramasivam, Govt Administrators, Sunil Kumar Chugh, Chief Basic Supervisor from Punjab Nationwide Financial institution and Rishi Anand, Managing Director & Chief Govt Officer, DK Tripathi, Govt Vice Chairman from Aadhaar Housing Finance Ltd.