Special Housing Finance: Godrej Properties signs MoU with Axis Bank

Indian real estate company Godrej Properties Ltd (GPL) has signed a MoU (memorandum of understanding) with private sector bank Axis Bank to offer special home finance solutions for its customers.

Flexibility To Pay..!

The company said in a statement, "GPL has signed an MoU with Axis Bank to offer a special scheme to customers of all GPL projects, which have been approved by the bank for housing loan purposes" .

Under the agreement, GPL's customers will be able to get a home loan from Axis Bank after paying 10 per cent from their own resources as against the traditional 20%. Besides, they will also have the flexibility to pay the balance 10 per cent during the term of payment schedule. 

Unique Home Loan Scheme..!

Mr. Girish Shah, Vice President - Marketing & sales, GPL said, "This is a unique scheme in the home loan market. We are sure that our customers will immensely benefit from this offering that will make their house purchase more affordable. This offer will also benefit young customers as the initial contribution becomes half what it would have otherwise been"  
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