· Housing Loan rate of interest starting
from 7.99% p.a. onwards
·
Additional discounted rates for women
borrowers
Mumbai,
13th April 2021: To cater to
the rising demand for affordable housing in urban and rural regions, Capri
Global Capital Ltd. (CGCL), the fastest-growing NBFC focused on MSME and
housing finance launches Affordable Housing Loans – Prime offering the interest rate
starting from 7.99% onwards both for urban and rural customers. All the salaried employees employed
with government, public and private can avail for this loan. The women applicant to receive an additional 0.10% discount in rate of
interest.
In India, the affordable housing segment is
still highly underpenetrated as people still struggle to source loans due to
stringent credit policies. Housing is one of the key components of a nation’s
well-being. The right guidance and easy access of funds can make government’s
vision of ‘Affordable Housing for All’ achievable. Customers are increasingly
looking for home loan providers that can allow more flexible, customized, and
affordable payment mechanism suiting their needs.
The scheme is targeted towards the salaried
employees working in government, public and private firms with minimum one
year of experience and with a good credit score. The loan amount
can be utilised for the Fresh repurchase of dwelling unit, construction on already hold land,
renovation, upgradation of dwelling unit
Explaining the necessity of the various
housing schemes in India, Mr. Rajesh
Sharma, Managing Director, Capri Global Capital Ltd said, “The need and
demand for better housing have always been the major agenda even before the
pandemic. We still see people leaving with poor-quality infrastructure,
overcrowded places, and many without a home. We believe, if sufficiently
incentivised, the affordable housing sector could benefit substantially from
the sheer size of its target group. The government and regulatory bodies like
RBI, and National Housing Bank (NHB) have launched numerous initiatives to
bridge the demand-supply gap & create an ecosystem where all the
participants benefit socially and economically.
At CGCL, we constantly research our customers’
demands, identify their needs, and offer customised services to meet their
requirements. Our diverse range of products and specialised schemes for housing
targets to improve access to shelter especially those who lack affordable,
stable, and decent-quality housing. We believe that we will continue to see a
strong growth momentum in the affordable housing sector over the next few years”
About Capri
Global Capital Limited
Capri
Global Capital Limited (CGCL) is a Non-Banking Financial Company (NBFC) listed
on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The
Company operates in two major verticals – MSME Loans and Housing Finance –
through its strong network of 80 offices spread across 8 states and backed by a
strong and committed workforce of 1,477 employees in the country. CGCL
addresses the capital needs of MSMEs through its SME & Retail Lending
vertical by offering multiple products: MSME Business Loans, Working Capital
Term Loans, Term Loans Against Property Rentals, and Term Loans for Purchase of
Property. Our tech-enabled processes and smart analytics ensure that we offer
products tailored to meet the requirements of our customers. Capri Global
Housing Finance Limited, a subsidiary of CGCL, operates in the affordable
housing finance space is providing home loans to Lower and Middle-Income
families and is a key contributor to the PM’s vision of “Housing for All” by
2022.
For
further information, please visit:
www.capriglobal.in | www.caprihomeloans.com
Capri Global Capital Limited |
Perfect Relations |
Hardik Shah VP-Corporate
Strategy +91 9899301150 |
Neha Patil Senior Image Manager +91 9619506683 |
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