PNB Housing Finance, CSC to offer last‐mile home loan facilities

PNB Housing Finance (PNBHF) has joined forces with CSC e‐Governance Services India, for offering last‐mile home loan facilities to individuals residing in tier 2 and 3 cities.

The initiative will also aid the vision of PNB Housing Finance to contribute to India’s financial inclusion agenda.

For promoting home loan facility and financial services in smaller Indian cities, the partnership will have an important role in helping families realize their dreams of owning a house.

Sanjay Kumar Rakesh — CSC e‐Governance Services India CEO said: “Our partnership with PNB Housing Finance will open new avenues in financial inclusion as it will help people residing in far‐flung areas to own a home. We can drive inclusive growth in society by offering such facilities to even the remotest parts of the country.”

According to PNB Housing Finance, potential customers can apply for its loans via its online home loan platform — ACE. The company said that the centers of CSC e‐Governance Services India will also act as delivery points for EMI re payments and give assistance to customers for online home loan application.

Through the partnership, PNB Housing Finance will strive to offer door‐to‐door home loan facility via the huge network of CSC e‐Governance Services India. The latter will help create the awareness and help local communities in applying for home loans.

Hardayal Prasad — PNB Housing Finance Managing Director and CEO said: “Our partnership with CSC holds enormous potential to our nation’s ongoing agenda of housing for all. The tie‐up with CSC will boost home loans to the low‐income communities of the nation.

“We aim to strengthen our resolve to partner in the housing for all by expanding our services. With this tie‐up we look forward to grow PNB Housing’s reach and accessibility into hinterland”.