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Home > Media Room > Press Release > Motilal Oswal Home Finance Ltd(MOHFL) expands its branch network in Haryana with a new branch in Kaithal

Motilal Oswal Home Finance Ltd(MOHFL) expands its branch network in Haryana with a new branch in Kaithal

01-Jan-1970  KAITHAL

Motilal Oswal Home Finance Ltd(MOHFL) expands its branch network in Haryana with a new branch in Kaithal

MOHF Targets the affordable housing finance segment

?     Kaithal branch to target areas around Kaithal and Pehowa, Pundri,Narwana, Rajound, Nissing, Assandh, Cheeka, Kurukshetra, Uchana and otherNearby Locations.

?     The targeted average ticket size of loans will be at Rs. 8-10 lacs

 

Haryana, Kaithal, May 23, 2022: Motilal Oswal Home Finance Ltd., announced its new branch opening in Kaithal Haryana. MOHFL wishes to exclusively & aggressively meet the housing finance needs of lower &middle income (LMI) groups and, in the process, pave the way to meaningfully contribute toward the Government of India''s ambitious goal of "Housing for all by 2022". MOHFL offers affordable home loans for purchasing or constructing a house within a 50kmradius of the Kaithal branch. 

MOHFL will open its office on the 2nd Floor SCO 359-, Sector-20 Urban State Kaithal-136027. Mr Sanjay Banwala will be the head of this branch and can be contacted on 9996999796.

The Kaithal branch of MOHFL was inaugurated on May 21 2022, by Mr Manish Singh, Chief Business Officer, MOHFL, and the other senior executives from MOHFL.

While inaugurating Mr Manish Singh, CBO,MOHFL, said, "Kaithal is our fourth branch in Haryana. With its operational status, we will be able to tap the central and western Haryana markets more effectively. With karnal, Rohtak and Yamunanagar already operational, Kaithal will bring more solidarity to the Haryana function. We are in the business of providing hassle-free, affordable home loans to the lower and middle-income group, and the Haryana market is certainly very lucrative from that perspective. Moreover, the government has allocated Rs. 48,000 crore to complete 80 lakh houses under the PMAY scheme in the financial year 2022-23.Since we are into the affordable housing space, we are confident of playing a significant role in the mission "Housing for all by 2022".

Key Highlights

MOHFL customers can experience the paperless procedure, and availing of a loan with a digital Journey makes it a completely seamless experience and hassle-free.

Think Home Loans. Think Motilal Oswal

 

About Motilal Oswal Home Finance Limited:

About Motilal Oswal Home Finance Limited (MOHFL) is registered with National Housing Bank (NHB) and is amongst the leading new age Housing Finance Companies in India, having its presence across 12 states in Western, North-Central and Southern India.

The company is a professionally managed housing finance company with a unique combination of financially sound and technically experienced parentage, having built public trust for over four decades in the domain of financial services. The group is known for their professional ethics, robust knowledge and strong execution capabilities. The company works on the business philosophy of financial inclusion of Lower Income Group Indian families by providing them with access to long term housing finance.
MOHFL is a subsidiary of Motilal Oswal Financial Services Limited (MOFSL).MOFSL is a well-diversified financial services company focused on wealth creation for all its customers, including institutional, corporate, HNI and retail.

MOHFL is registered with National Housing Bank (NHB) under section 29A of the National Housing Bank Act,1987 as an HFC under section 29A of the National Housing Bank Act, 1987 vide Certificate of Registration No. 05.0111.14 dated May 19, 2014.

For Further Details Contact

Rohini Kute

Group Head – Corporate Communication, Motilal Oswal Financial Services Ltd

Rohini.kute@motilaloswal.com

 

             

 

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