Aadhar Housing Finance passing on fresh govt subsidy of 176 crores to eligible customers

Author(s): City Air NewsAadhar Housing Finance, one of the largest affordable housing finance companies in India, has received fresh CLSS subsidy of Rs.175.56 crores from National Housing Bank (NHB). The received amount was for 7592 customers...

Aadhar Housing Finance passing on fresh govt subsidy of 176 crores to eligible customers
Author(s): 

Aadhar Housing Finance, one of the largest affordable housing finance companies in India, has received fresh CLSS subsidy of Rs.175.56 crores from National Housing Bank (NHB). The received amount was for 7592 customers in the Economically Weaker Section (EWS) and Low Income Group (LIG) who were eligible under Pradhan Mantri Awas Yojana(PMAY). The received subsidy is being passedon to the customers’ loan account and will reduce their monthly payable EMI. As on 31st Dec 2018, Aadhar has received and passed on Govt. CLSS subsidy to close to 10,000 families.
Mr.Deo Shankar Tripathi, MD & CEO of Aadhar housing finance said “Aadhar is dedicated to enable home ownership to the low income (LIG) and economically weaker sections (EWS) of the country and PMAY is a great boost to this vision. Our teams create extensive awareness on PMAY through various awareness drives at the ground level and provide full assistance to the eligible customers to receive the credit linked subsidy to support the govt’s vision of Housing for all by 2022”.

Date: 
Friday, January 18, 2019