HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme

These homebuyers belong to the Economically Weaker Section, Low Income Group and Middle Income Groups, HDFC said in a statement

Housing Development Finance Corporation (HDFC), the country’s largest mortgage company, has approved loans worth Rs 47,000 crore to 200,000 home buyers under Credit Linked Subsidy Scheme (CLSS).

The subsidy amounting to over Rs 4,700 crore has been passed on to these home buyers. These homebuyers belong to the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Groups (MIG), HDFC said in a statement.

The Corporation has partnered with the Ministry of Housing & Urban Affairs and the National Housing Bank to work towards the goal of ‘Affordable Housing for All’.