Close Menu
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
Facebook X (Twitter) Instagram
Gazet International – Global Magazine
AWARD NOMINATION
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
You are at:Home » Aditya Birla Housing Finance Partners with National Housing Bank to Realise the PMAY Vision of ‘Housing for All’​
Press Release

Aditya Birla Housing Finance Partners with National Housing Bank to Realise the PMAY Vision of ‘Housing for All’​

By December 18, 20244 Mins Read
Facebook Twitter LinkedIn
Share
Facebook Twitter LinkedIn

Aditya Birla Housing Finance Limited (“ABHFL”), a wholly owned subsidiary of Aditya Birla Capital Limited, India’s leading, diversified financial services company has signed a Memorandum of Understanding (MoU) with National Housing Bank (“NHB”) to actively contribute to the Pradhan Mantri Awas Yojna vision of ‘Housing for All’. The partnership will offer customized housing finance solutions to economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG), across the country.

Aditya Birla Housing Finance Partners with National Housing Bank to Realise the PMAY Vision of Housing for All

Under the new initiative, Aditya Birla Housing Finance has introduced home loan options of up to Rs. 25 Lakh for families earning Rs 3 Lakh annually under the EWS category, Rs. 6 Lakh for the LIG category, and Rs 9 Lakh for the MIG category. The initiative supports homes with carpet area of up to 120 square meters. Further, customers can avail PMAY subsidy benefits of up to Rs. 1.80 Lakh payable in 5 yearly instalments to help significantly reduce the financial burden of homeownership.

These solutions have been tailored to benefit individuals such as small-business owners, vendors, self-employed professionals, as well as salaried customers, with special emphasis on those living in remote and underserved regions.

Mr. Pankaj Gadgil, MD & CEO of Aditya Birla Housing Finance Ltd., said, “The Indian housing market is brimming with robust growth potential, driven by the rising aspirations of young Indians, and government initiatives like the Pradhan Mantri Awas Yojana. In line with PMAY’s ‘Housing for All’ vision, we have introduced our ‘Happy Home Loan Journey’, a seamless process for customers to avail home loans with ease. By prioritizing affordability, accessibility, and inclusive growth, we aim to empower communities and make the journey to homeownership seamless and hassle-free, helping more Indians turn their dream of owning a home into reality.”

About Aditya Birla Housing Finance Limited

Aditya Birla Housing Finance Limited (“ABHFL”), a subsidiary of Aditya Birla Capital Limited is a fast-growing housing finance company (“HFC”) in India. ABHFL is registered with the National Housing Board (NHB) as a non-deposit accepting housing finance company and commenced operations in October 2014.As of September 30, 2024, ABHFL manages assets under management of over Rs. 23,236 Crore. ABHFL has significantly expanded its footprint to 150 branches as of September 30, 2024. This is reflected in its long-term credit rating of AAA (Stable) by CRISIL, ICRA & India Ratings, and short-term credit rating of A1+ by CRISIL, ICRA & India Ratings.

About Aditya Birla Capital Limited

Aditya Birla Capital Limited (“ABCL”) is a registered Core Investment Company (“CIC’) and the holding company of the financial services businesses. Through its subsidiaries/JVs, ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 55,000 employees, the businesses of ABCL have a nationwide reach with over 1,470 branches and more than 200,000 agents/channel partners along with several bank partners. As of September 30, 2024, Aditya Birla Capital Limited manages aggregate assets under management of over Rs. 5.0 Lakh Crore with a consolidated lending book of Rs 1.38 Lakh Crore through its subsidiaries/JVs.

Aditya Birla Capital Limited is a part of the US$66 billion global conglomerate Aditya Birla Group, which is in the league of Fortune 500. Anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, the Group’s businesses have grown into global powerhouses in a wide range of sectors – from metals to cement, fashion to financial services and textiles to trading. Today, over 50% of the Group’s revenues flow from overseas operations that span over 40 countries in North and South America, Africa, Asia, and Europe.

For more information, visit www.adityabirlacapital.com.

​ 

Share. Facebook Twitter LinkedIn
Previous ArticleCeasefire talks in Gaza ramp up as Israeli attacks claim 20 lives
Next Article Avantor Secures Dual Gold Awards for Safety Excellence at Apex India Conference 2024​

Related Posts

Mobile Global Deepens Executive Team, Appoints Digital Media Veteran Dominick Miserandino as Chief Marketing Officer​

May 8, 2025

Crompton Partners Unveils First-of-its-kind Report Tracking Abu Dhabi’s Off-Plan Property Secondary Market

May 8, 2025

Innovations Showcased at Airport Show to Enhance Digital Transformation

May 8, 2025
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
Don't Miss

Mobile Global Deepens Executive Team, Appoints Digital Media Veteran Dominick Miserandino as Chief Marketing Officer​

Crompton Partners Unveils First-of-its-kind Report Tracking Abu Dhabi’s Off-Plan Property Secondary Market

Innovations Showcased at Airport Show to Enhance Digital Transformation

DIVINE in the Spotlight: Parimatch Hosts Exclusive Meet & Greet with Indian Rap Icon​

Recent Posts
  • Mobile Global Deepens Executive Team, Appoints Digital Media Veteran Dominick Miserandino as Chief Marketing Officer​
  • Crompton Partners Unveils First-of-its-kind Report Tracking Abu Dhabi’s Off-Plan Property Secondary Market
  • Innovations Showcased at Airport Show to Enhance Digital Transformation
  • DIVINE in the Spotlight: Parimatch Hosts Exclusive Meet & Greet with Indian Rap Icon​
  • PayU Appoints Digital Payments Veteran Shailesh Paul as the New CEO of Wibmo​
Recent Comments
    Archives
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • October 2023
    • September 2023
    • January 2021
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About

    GAZET INTERNATIONAL


    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

    Facebook X (Twitter) Instagram YouTube LinkedIn
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Latest posts
    Press Release

    Shrimp for Health: Right to Protein (RTP) Joined Skretting India’s First Shrimp-a-thon to Boost Protein Awareness​

    May 7, 2025
    Press Release

    “Drying & Styling in One Go” – Made Possible with Vega LitStyle Hair Dryer Brush and Ananya Panday​

    May 7, 2025
    Events

    CYSEC MENA 2025: Bahrain Set to Host 15th Global Edition of Premier Cybersecurity Summit

    May 7, 2025
    Press Release

    JAGGAER Expands Reach in Kuwait and the Middle East through Collaboration with Amazon Web Services (AWS)

    May 7, 2025
    Previous 1 2 3 4 5 … 712 Next
    Official Partner

    7ITS NEWS

    Copyright © 2025. Gazet International

    Type above and press Enter to search. Press Esc to cancel.