Wednesday, February 10, 2016

Credit Camp + CLSS in Mungi, Chhattisgarh

MHFC recently set up a stall at a credit camp held in Mungi, Chhattisgarh where loan officers interacted with potential customers about our services. MHFC provides housing finance to low income informal sector customers who lack proper income documentation. We provide loans to customers buying flats in one of our approved projects, located across 6 states in India. 

At the credit camp, loan officers also explained to customers the advantages of the recently announced Credit Linked Subsidy Scheme under the Pradhan Mantri Awas Yojana (Housing for All). Eligible customers will receive a subsidy of upto a maximum of Rs. 2.2 lakh on their home loans through an interest rate subsidy of 6.5% p.a. Eligibility requirements include woman ownership of the flat being bought, a household income of less than Rs. 6 lakh a year & not owning a house anywhere in the country. Aadhar cards are mandatory to apply for the subsidy under CLSS. No processing fees will be collected on these loans, however out of pocket expenses will be recovered through the loan amount.    

If you would like to avail of an MHFC home loan to buy a flat in one of our projects in Chhattisgarh or find out more about CLSS, you may reach out to us at or contact Mr. Shekhar Kumar - one of our loan officers in the Chhattisgarh region - on +91 9617660066.  

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