INSUBCONTINENT EXCLUSIVE:
India's dream of providing housing for all by 2022 got a leg-up, with IIFL Home Finance disbursing over Rs 440 crore to close to 20,000
beneficiaries under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna.
The leading housing finance company has approved
home loans of up to Rs 2,700 crore under PMAY (Urban) CLSS scheme till November 30 to beneficiaries belonging to EWS (Economically Weaker
CLSS subsidy scheme under PMAY has been well received by customers all over the country, especially first-time home buyers belonging to EWS
It is important to note that the benefits under the Credit-Linked Subsidy Scheme (CLSS) have enabled potential home buyers to realise their
scheme is Rs 13 lakh in the case of EWS/LIG
Since the launch of the scheme in 2015, CLSS beneficiaries of IIFL HFL have grown to about 20,000 in December 2018, from 65 in
2015-16.
IIFL Home Finance is a wholly owned subsidiary of India Infoline Finance Limited (IIFL), which is an NBFC registered with the