The retail mortgage lending business consists of
JMFL Home Loans is engaged in the business of providing home loans tailor-made for your every need. Our Goal is to help you acquire your dream home, your own little piece of heaven. We cater even to those home buyers who lack income proofs and also to those who need small home loans. We leverage our superior technological capabilities and our wealth of experience and rich expertise to provide a diverse range of highly customised products and services to home-buyers. We promise to provide our customers a transparent and quick home loan disbursement process, hassle-free and easy documentation process and top class customer service. Keeping in line with the culture of innovation within the JM Financial Group, we endeavour to constantly innovate and diversify our product and service offerings. We will be your Trusted Advisor for any and every query you might have about your Property, Loan and Documentation to ensure a seamless experience designed for your utmost convenience.
JM Financial Home Loans represents our foray into the housing finance business. We provide home loans tailor-made for your every need. Our Goal is to help you acquire your dream home, your own little piece of heaven. We endeavor to reach out to home buyers typically not served by banks and traditional housing finance companies. We promise to provide our customers a transparent and quick home loan disbursement process, hassle-free and easy documentation process and top class customer service. Keeping in line with the culture of innovation within the JM Financial Group, we endeavor to constantly innovate and diversify our product and service offerings. We will be your Trusted Advisor for any and every query you might have about your Property, Loan and Documentation to ensure a seamless experience designed for your utmost convenience.
We believe that infrastructure plays a vital role in the delivery of quality education. With this ethos, we strive to provide financial assistance to education institutions such as Pre-schools, Schools, Colleges, Universities, Professional and Technical Training for their every need — construction, renovation, acquisition of infrastructural facilities; purchase of land for expansion of facilities; equipment purchase; working capital; or for any other requirement which may enable enhanced education delivery. The products have been designed keeping the mind the differentiated needs of the education segments, for e.g. established vs. growing institution or monthly vs. quarterly fee receipt cycles.
Designed as secured loans against property, this product helps clients address funding requirements for both personal and business needs. Clients leverage the economic worth of their property without giving away ownership. The loan is given as a certain percentage (usually around 40% to 60%) of the property's market value. This proposition allows the client to avail the loans for tenures up to a maximum period of 15 years. Loan against Property is suitable for meeting contingencies such as marriage, higher education, medical treatment, or even for business expansions.
Government of India through Ministry of Finance has notified the Emergency Credit Line Guarantee Scheme (ECLGS) for providing 100% guarantee coverage for additional term loans to eligible customers of up to 20% of outstanding credit, as on February 29, 2020 (“Eligible Borrower”), subject to the account being less than or equal to 60 days past due as on that date. Such facility is for businesses with turnover up to Rs 250 Crore and loans up to Rs 50 Crore.
The Scheme will be managed and operated by National Credit Guarantee Trustee Company Ltd. (NCGTC), a wholly owned trustee company of Government of India.
JM Financial Products Ltd (JMFPL) and Financial Home Loans Ltd (JMFHLL), registered as Member Lender Institute’s (MLI’s) and in line with the scheme guidelines, will offer additional term loans to its Eligible Borrower upto 20% of their outstanding credit as on February 29, 2020. To avail credit under the scheme, please contact your relationship manager or nearest branch today.
For more details about the scheme visit: https://www.eclgs.com