India Mortgage Guarantee Corporation signed MoU with Muthoot Homefin

Published on January 28, 2022
Current Context: The India Mortgage Guarantee Corporation (IMGC) signed MoU with Muthoot Homefin (India) Limited (MHIL).
India Mortgage Guarantee Corporation signed MoU with Muthoot Homefin
  • They signed MoU to grant mortgage guarantee-backed home loan products to the customers of MHIL.
  • Affordable home loans will be granted.
  • Through this MoU, Muthoot Homefin will be able to leverage mortgage guarantees as a risk mitigation tool to serve the demand for affordable and mid-income housing.
  • Also, Muthoot Homefin will be able to enhance Muthoot Homefin through 108 branches in various locations.

Question: 

Q.1 With which organization has India Mortgage Guarantee Corporation (IMGC) signed MoU to offer affordable home loans?
a. Birla Home Finance Limited
b. India Home Loans Limited
c. Muthoot Homefin (India) Limited (MHIL)
d. ICICI Home Finance Company Limited

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