The Business Bytes
TBB BUREAU
MUMBAI, APRIL 13, 2021
Capri Global Capital Ltd (CGCL), an NBFC focused on MSME and housing finance, has come up with affordable housing loans – Prime, with the interest rate starting from 7.99 percent onwards both for urban and rural customers.
The non-banking finance company, in a statement, said all salaried employees employed with government, public and private firms, with minimum one year of experience and a good credit score, can avail this loan. Further, women applicants will receive an additional 0.10 per cent discount in rate of interest.
Capri Global Capital Ltd Managing Director Rajesh Sharma said: “We believe, if sufficiently incentivised, the affordable housing sector could benefit substantially from the sheer size of its target group.”
“The need and demand for better housing have always been the major agenda even before the pandemic. We still see people leaving with poor-quality infrastructure, overcrowded places, and many without a home,” he added.
