In line with PNB Housing Finance’s long-term vision of empowering and supporting an individual’s dream of owning a home, the company recently introduced an affordable home loan scheme – Roshni. Under this initiative, individuals can apply for loans ranging from Rs.5 lakhs to Rs.30 lakhs.
Making inroads in the country, the Company inaugurated Roshni- focused branch locations at RS Puram, Coimbatore, Tamil Nadu.
The scheme offers various loans for purchasing house property, self-construction, home extension/renovation, plot purchase plus construction, loan against property etc. Therefore, whether loan applicants are new to credit, self-employed without formal income and salaried from a low-income group with a household income as low as Rs.10,000 to middle-income group category shall be considered.
PNB Housing Finance MD and CEO, Girish Kousgi, said, “With Roshni, we continue to augment our affordable housing portfolio. We are focused on building our presence across the country in tier 2 & 3 cities to address the growing needs of prospective homeowners. Through Roshni, we have renewed our commitment towards the ‘Housing for All’ mission of the Central Government and are well positioned to catalyse growth in the real estate industry.”
