REFINANCE ASSISTANCE FROM NHB
A number of Primary Lending Institutions (PLIs) are currently active in the housing finance sector in India. The institutions provide finance to individual borrowers, builders, corporate houses etc. for purchase/construction of houses and for repair / upgradation of existing house.With the objective of providing long-term funds to these institutions, NHB extends refinance in respect of the loans extended by them. The following categories of institutions are eligible to take refinance from NHB:
- Revised Guidelines For Housing Finance Companies (HFCs)
- Revised Guidelines For Scheduled Commercial Banks (SCBs)
- Revised Guidelines For Regional Rural Banks (RRBs)