Clix Housing Finance companions with IMGC for mortgage guarantee-backed residence loans

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India Mortgage Assure Company (IMGC), India’s main mortgage assure firm, has introduced its partnership with Clix Housing Finance Restricted (Clix HFL) to supply progressive Mortgage Assure backed residence mortgage merchandise for salaried and non-salaried clients within the reasonably priced housing section.

Mortgage Assure backed residence loans will broaden Clix HFL’s protection of residence mortgage merchandise and buyer segments enabling extra enterprise whereas additionally supporting the flagship mission of Authorities of India of “Housing for All by 2022,” the corporate mentioned in an announcement

Talking on the tie-up, Gaurav Pawra, CEO, Clix Housing Finance, commented, “With the rising demand within the reasonably priced housing section, this strategic partnership would assist to satisfy “Early Residence Possession” goals of the first-time homebuyers and allow Clix to reinforce its penetration within the Low & Mid-market section in addition to mitigating the credit score danger in case of default.

At Clix, now we have been constantly engaged on making the mortgage course of less complicated and accessible for all since our very inception. With this partnership, we will have the ability to faucet a wider vary of shoppers, enhance conversion charges and provide greater mortgage quantities to clients. We’re really happy to have IMGC on board with us on this journey in direction of constructing a extra inclusive society, which has quick access to reasonably priced housing loans.”

Talking on the partnership, Mahesh Misra, CEO, IMGC mentioned,” We’re more than happy to companion and work with Clix in strategically recognized segments and are assured that this will probably be a massively profitable partnership within the months to return. Over time now we have labored with our Lender companions to create buyer centric merchandise. We’ve got an outlined execution roadmap with emphasis on driving monetary inclusion via this partnership with Clix”.

 

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