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

Author picture

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.

Recent Post

Be Well Hospitals, Poonamallee Successfully Performs Complex 10-Hour Cytoreductive Surgery with HIPEC for Advanced Appendix Cancer

Segwise Launches a Creative Analytics AI Agent for Mobile Marketers, Expanding Its Offering as an AI-first User Acquisition Platform

Kirtilals Unveils ‘Lustre & Legacy’ – A Galaxy of Natural Diamond Masterpieces, Featuring 6 Exclusive Collections, at The Leela Palace, Chennai

NSE Academy and Manipal Academy Partner to Offer Certification Programs in Capital Markets, Fintech, and Analytics

NoPaperForms Launches Collexo Pixi: A Smarter, Unified Student ID Card with Payments, Transit, Campus Access and More

Dreamtime Learning Secures Funding from Nikhil Kamath – Led Gruhas, to Drive Scalable Conscious Education

Gen AI Driven Personalisation & Digital Innovation Emerge as Key Marketing Trends for French Companies at Indo-French Chamber’s Maiden MARCOM Fest 2025

AFA’s Global Expansion: Exclusive Interview with Parimatch on Growth, Strategy, and Partnerships

AdvantageClub.ai Recognizes 100 Trailblazing Women in HR for Their Impact on the Future of Work

AI-Powered Smart Homes: The Future of Luxury Living – Neeraj K Mishra, Executive Director, Ganga Realty

Crompton Launches Fresh-Mix Ultra for Effortless Juicing of Fresh Fruits and Vegetables

Sheeba Chaddha and Deepak Tijori Dance to a New Tune: Truecaller Finally Works on iPhone

INFRAMANTRA’s Women Leaders Awarded at ET Women Conclave 2025

L’Oréal Paris Hyaluron Pure sets Guinness World Record with ‘Free Your Hair’ Campaign

Krisumi Corporation Welcomes Legendary Japanese Chef Yoshinori Mizutani to its Ultra-Luxury Clubhouse in Gurugram

E2E Cloud Launches Sovereign Cloud Platform, Empowering Nations and Enterprises with Complete Cloud Control

Grihshobha Inspire Awards 2025 to Honour Trailblazing Women on 20th March in New Delhi

Prayag Polymers Unveils Premium Brass Faucets for Contemporary Homes and Businesses

Double Gold! Muthoot Microfin Shines at SKOCH Awards 2025

In the Age of AI, Cycle Pure Agarbathi Celebrates ‘Her Intelligence’ (HI) in its Latest Campaign

Sports Authority of India Join Hands with Shri Ram Chandra Mission to Promote Women’s Health and Fitness as Part of the IWD Celebrations 2025

From Wins to Wheels: 1win Celebrates Top Players with 100 Scooters

Transformative 21-Day Bhagavad Gita Challenge Launched on Bhagavad Gita Krishna Bhakti App

Chai Kreative Brings AI-Powered Learning to Transform Primary Education

Heritage Foods Ltd. Celebrates International Women’s Day with Rural Women Farmers and Franchisees

Chandigarh University Clinches Overall AIU National Youth Festival Championship 2025

Brookfield Properties Celebrates Women’s Voices as a Key Driver of Workplace and Business Growth

CropLife India Celebrates International Women’s Day to Champion Gender Equality in Agriculture

Summer Starts Here! Endless Summer Beach Club Redefines the Social Scene in Vibrant Patong Beach

Eve Essentials Partners with SASMIRA to Launch Sustainable Period Panties Revolutionizing Menstrual Hygiene

MANA Projects Strengthens Presence in Sarjapur Road with New 5.5 Acre Land Acquisition

Sport Meets Skincare: moha: Play Smart Brings You Closer to Surya Kumar Yadav in an Exclusive Meet & Greet

Arrow Electronics Launches Robotics Solutions Resources

Media Powerhouse Communique PR Founder Sharlene Batlivala Invests in Avas Living, Alibaug

IMC Ladies’ Wing Hosts a Spectacular IMPACT 2025 in Celebration of Women’s International Day

Jos Alukkas Crafts an Exclusive Ruby & Polki Necklace for Keerthy Suresh’s Wedding

Universal Success Enterprises Brings TGI Fridays to Amritsar

Raffles Sentosa Singapore Debuts a Glamorous Resort Experience in One of the World’s Most Dynamic Destination

Solidus Techno Power Pvt. Ltd. Strengthens Leadership with the Appointment of Shiva Kumar Ram as Director of Operations

The Akshaya Patra Foundation Honored with Prestigious Best Civil Society Award by Asian Centre for Corporate Governance and Sustainability

Somaiya Vidyavihar University Squash Teams Secure Double Victory at AIU All India Inter-University Championship

Study Shows Walnut-Rich Breakfast May Help to Boost Your Brain Power

India’s Iconic Men’s Fashion Brand – Double Bull Announces Re-launch into Today’s Fashion World

Avaamo Introduces Agents; Digital Workers that will Power the Next Evolution of your Workforce

Garnier Black Naturals Teams up with MS Dhoni and Sakshi Singh Dhoni to Build the New Symbol of ‘T’rust

Unicommerce’s Convertway Launches Next-gen Messaging Service for Brands

The Charcoal Project: Hyderabad’s New and Iconic Design Destination

Building to Last: Pyramid Group Emphasises the Role of Advanced Construction Practices in Modern Real Estate

EDB Expands Investment in India to Accelerate AI-Ready, Sovereign Data Infrastructure

Ekart Joins Forces with IKEA to Power Seamless, Sustainable Last-mile Deliveries for Home Furnishings in India

Airbnb Invests in India’s Communities with Grants to Four Nonprofits Through the Airbnb Community Fund

MMTC-PAMP Launches New Film Series to Redefine Gifting Culture at Indian Weddings

ASICS India Unveils Limited Edition Race Day Merchandise for TCS World 10K Bengaluru 2025

Ananda Dairy Sets Guinness World Records for the Largest Paneer Slab Weighing 205.4 kg

House of Surya Unveils “Adira”: A Timeless Tribute to Strength and Elegance

Halonix Lights Up Krishna Park Extension Metro Station of Delhi

COMPUTEX 2025: Leading the AI Revolution

DEPT Expands its Footprint in India with Bengaluru Hub

Max Estates Limited and Chef Ritu Dalmia Launch EatWell by Diva: A Culinary Celebration of India’s Diverse Flavours

Purpleant Technologies Launches BotWot iCX: Next-Gen AI Platform Unifies Multimodal Agents, Content Generation & Decision Orchestration

MOONSWATCH Pays Tribute to the Omega Speedmaster’s Space Flight Qualification in 1965

MarTech Company AiVANTA Expands to Dubai, Bringing AI-powered Personalized Video Solutions to the UAE

Axis Max Life Insurance and YES BANK Celebrate Two Decades of Bancassurance Partnership

AUM, India’s Spiritual Well-being Sanctuary, Concludes Transformative Kumbh Retreat for 200 Seekers

MiBOT Unveils Revolutionary Robotics Solutions, Ushering a New Era in Education and Industry

Road-Tested & Wallet-Approved: 2024’s Hottest Used Cars

Primary Hemostatic Agent SeraSeal™ Approved Under NK-48 CMCHiS Scheme by Tamilnadu Government

fischer’s Cutting-Edge Solutions for the Buildings of Tomorrow

Thumbay Moideen, Founder President of Thumbay Group, Honoured with Honorary PhD Degree at Chitkara University

Teachmint Launches Teachmint X2- Google EDLA Certified AI Interactive Flat Panel

AssessCurve.ai Revolutionizes Education in India with Gen AI-Powered Platform

Simta Astrix Presents Innovative Architectural and Interior Products at ACETECH and Zak Expo

The Rise of Luxury Housing in Punjab: Key Drivers and Market Trends

Bringing the Best in Polycarbonate Sheet Solutions, Sri Ramana Leads the Way

Whatfix Unveils ScreenSense: An AI Technology to Shape the Next Frontier of Digital Adoption

One Electric to Launch New Model KRIDN X in April 2025, a Perfect City Motorcycle

A Legacy Poured to Perfection: Amrut unveils India’s Oldest & Rarest Single Malt

Salon Du Chocolat et de la Patisserie Debuts in India: Where Chocolate Dreams Come to Life

The Indian Garage Co. Expands National Presence with New Stores in Hyderabad and Kochi

EDF India and Actis Announce Strategic Partnership to Develop Advanced Metering Infrastructure in India

Florricks Lifecare Expands Global Footprint with USD 95 Million Investment in Europe and Hong Kong

Cycle Pure Agarbathi to Launch Divine Fragrance for Maha Shivratri Through Flipkart Minutes

Navigating Volatile Markets: Why Bajaj Finserv Flexi Cap Fund Can be a Suitable Option

Kansai Nerolac Paints Empowers Local Vendors at Maha Kumbh Mela with a Vibrant Identity

ABP Network’s Ideas of India 2025 Spotlights India as the ‘Force for Good’ and Explores ‘Humanity’s Next Frontier’ in the Fourth Edition of its Flagship Initiative

Amid Market Volatility, Think Long-term with Bajaj Finserv Flexi Cap Fund

Introducing ‘Karmic Beauty’: Pure by Nature, Potent by Ingredients

Vim’s ‘Equal Vows’ Campaign Inspires Social Change Through Collaborative Efforts with NGO Satchikitsa Prasarak Mandal, Bharat Matrimony and Swiggy Instamart

Anant National University Hosts Two International Events Promoting Indigenous Knowledge Systems and Sustainable Future

Bisleri International Partners with Schneider Electric to Enhance Energy Efficiency and Expand Solar Power Under ‘Bisleri’s Greener Promise’

Coro: India’s First Family-Focused Members Club Debuts in Bangalore

Parimatch Sports Rolls Out Eye-Catching Billboard Campaign to Celebrate the ICC Champions Trophy

Dansy Labs Announces USD 120 Million Major Strategic Asset Buyout and Patents in Hong Kong and Sweden

Get in Touch

    By clicking “Submit”, I agree to Privacy Policy and Terms and Condition.