India Mortgage Guarantee Corporation (IMGC) Expands Operations and Strengthens Partnerships
India Mortgage Guarantee Corporation (IMGC) Expands Operations and Strengthens Partnerships to Facilitate Early Homeownership in India
IMGC’s expansion plans include entering new markets, and increasing its guarantee portfolio to Rs. 30, 000 crs by FY 2024.
IMGC is India's first mortgage guarantee company, incorporated in 2012, and regulated by the Reserve Bank of India (RBI) guidelines for mortgage guarantee companies (2008).
IMGC has surpassed ₹20,000 crores in home loan guarantees for over 100,000 customers across more than 400 locations nationwide since its inception in 2012.
IMGC has collaborations with 23 lending institutions, including banks, housing finance companies (HFCs), and non-banking financial companies (NBFCs), to help aspiring homeowners achieve their dreams....