IIFL Home Finance's Landmark Funding

IIFL Home Finance has successfully secured a $100 million investment from the Asian Infrastructure Investment Bank (AIIB). This significant financial boost is aimed at expanding affordable housing loans and promoting green building standards across India.

Supporting Economically Weaker Sections

The funds will primarily benefit families from economically weaker sections (EWS) and lower income groups (LIG), focusing on urban and semi-urban areas. Additionally, the initiative will finance developers who incorporate green certification in their projects, aligning with India's climate commitments.

A Step Towards Sustainable Housing

"This collaboration reinforces our mission to provide accessible, responsible, and climate-conscious housing finance," stated IIFL Home Finance Ltd. The investment is a pivotal move towards expanding homeownership for underserved families and supporting India's green building agenda.

Aligning with National Housing Goals

The partnership with AIIB complements the Pradhan Mantri Awas Yojana Urban (PMAY-U 2.0), addressing urban housing shortages and promoting sustainability. IIFL HFL's extensive network across 18 states positions it uniquely to impact underserved regions significantly.