Money Management

IIFL Home Finance partners with ICICI Bank to offer home loans

IIFL Finance announced that its wholly-owned hardware subsidiary IIFL Home Finance and ICICI Bank have entered into a supply and service agreement to partner in the provision of credit for affordable housing loans and loans to MSMEs (loan against property).

Under this partnership, the company will create and serve customers throughout the loan lifecycle, including loan sourcing, documentation, collection and servicing and, in turn, ICICI Bank will provide a financing to these customers.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First published: Saturday, December 19, 2020. 11:56 a.m. IST