Axis Finance Launched Disha Home Loans for EWS and LIG Homebuyers


Axis Finance Launched Disha Home Loans for EWS and LIG Homebuyers
Axis Finance Limited (AFL), India's one of the fastest-growing non-banking financial corporations (NBFCs), has announced the roll-out of its Disha Home Loans on the auspicious festival day of Akshaya Tritiya. This new offering is tailored to cater to dreams of aspiring homebuyers in the Economically Weaker Section (EWS) and the Low-Income Group (LIG) segments.
Disha Home Loans endeavor to provide customized home loan products in different geographies with a hassle-free experience throughout the life of the loan. The venture is backed by a group of experienced professionals and responsive systems to ensure rapid execution and promptness to customer needs.
The product serves a broad range of employment categories, such as salaried individuals (residents and NRIs) and self-employed customers. It is meant for those with formal, semi-formal, or informal income documentation who are in need of financial support. The loans can be used to buy ready, under-construction, or resale properties, and for plot purchases with construction, self-construction, home extensions, and renovations.
Sai Giridhar, MD & CEO, Axis Finance, said about the launch, "The launch of 'Axis Finance Disha Home Loans' on Akshaya Tritiya reflects our efforts to make home ownership more accessible. This product is designed to empower economically weaker sections of people by filling gaps in finance and enabling them to fulfill their dream of owning a home.". This supports the government's continuing initiative of enhancing housing finance accessibility for this sector. Disha Home Loans provide a range of tailored products to meet the varying needs of customers in different locations."
He added further, "Our aim is to offer the solutions customers look for, with great service and transparency in operations. Data science and technology will be at the core as we grow into different markets in the country. Our emphasis will be on offering easy access to housing finance with a hassle-free experience."
Axis Finance boasts an excellent track record in secured mortgage products, with the backing of proven systems, processes, technology, talent, underwriting expertise, and a strong distribution network.
About Axis Finance: Axis Finance Limited (AFL) is a non-deposit accepting non-banking financial company (NBFC) registered with the Reserve Bank of India and categorised as a Middle Layer (NBFC-ML). It was incorporated on April 27, 1995, and is a wholly-owned subsidiary of Axis Bank Limited. Axis Finance offers both wholesale and retail lending products to corporate and retail customers. Retail products of the company consist of Loans Against Property, Business Loans, Personal Loans, and Home Loans, while wholesale products consist of Collateralized Loans, Corporate Financing, and Real Estate Financing.