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IIFL Home Fin expands into rural AP
Highlights
Housing finance company IIFL Home Finance (IIFL HFL) said that it achieved deeper home loan penetration across rural areas in Andhra Pradesh.
Hyderabad: Housing finance company IIFL Home Finance (IIFL HFL) said that it achieved deeper home loan penetration across rural areas in Andhra Pradesh.
The company under its expansion programme has opened branches in rural areas of Andhra Pradesh and has provided home loans to customers constructing residential property in gram panchayat area.
These customers are also eligible for interest subsidy under "Rural Housing Interest Subsidy Scheme (RHISS)" launched by the "Ministry of Rural Development" under "Housing for all by 2022".
Recently, IIFL HFL has received subsidy on behalf of customers staying in three districts - Rajahmundry, Vizianagaram and Anantapur - in Andhra Pradesh.
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