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DN Bureau

IMCG partners with RBL Bank to Offer Mortgage Guarantee Backed Home Loans

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Mumbai: India Mortgage Guarantee Corporation (IMGC), India’s first and only Mortgage Guarantee Company, announces its strategic partnership with RBL Bank, one of the leading private sector banks in India, to offer innovative Mortgage Guarantee (MG) backed home loan products for salaried and non-salaried prospective customers.

This partnership with IMGC will help RBL Bank extend MG-backed Home Loans to new borrower segments through its network of over 500 branches across the country. The combined expertise would enable a compelling value proposition for its customers and help create a conducive lending environment for early homeownership by ensuring timely disbursal of housing credit and longer tenure to customers.

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