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JM Financial Home Loans Limited (JMFHLL/the Company) today announced the launch of its branch in Bhopal, Madhya Pradesh. With the launch of this branch, JMFHLL has now expanded its network to 100 branches across 9 states in the country, spanning over western, southern and central India. This expansion aligns with the Company's focus on providing quick, hassle-free, and competitively priced affordable home loans to potential homebuyers.
The new branch was inaugurated by Manish Sheth, MD & CEO of the Company. The inauguration ceremony was also graced by senior officials of JMFHLL. The inauguration of the Bhopal branch reflects JMFHLL’s sustained focus on the affordable housing segment. JMFHLL inter-alia offers an extensive range of products including home loans; loan against property; loans for home construction, home improvement and home extension.
The team at the new branch will focus on understanding the unique needs of customers in that region and providing them with tailored made solutions for their home financing requirements. With their knowledge and expertise, the Company team will be able to guide home buyers through the loan application process, ensuring a hassle-free experience and timely approval of loans.
JMFHLL now has 8 branches in Madhya Pradesh. In six years of operations, JMFHLL has built its network at a steady pace, banking on its diverse home loan offerings. The Company is working towards growing its loan book by banking on its transparent and quick home loan disbursement process, hassle-free and easy documentation and efficient customer service. As a special inaugural offer and to commemorate 50 years of JM Financial Group, JMFHLL is offering a substantially reduced processing fees to all home loans aspirants. Also, the Company has recently launched Aashiyana product to cater the needs of truly affordable Low Income Group (LIG) and Economically Weaker Section (EWS)customers. ROI of the Aashiyana product starts from 9.99%, one of the best ROI in the industry.
Speaking on the announcement Manish Sheth, MD & CEO, JM Financial Home Loans said, "With the launch of Bhopal branch, we are proud to reach a great milestone of opening 100 branches in the country. The journey so far has been extremely fulfilling. The real estate market in the country is witnessing growth in demand in the affordable housing space. This is an important milestone in our quest to expand our footprint in the Central India and showcases our dedication and commitment to empower the home buyers realise their dreams of owning a house. Affordable housing is an underpenetrated and under-served market in India. Our expansion aims to facilitate hasslefree credit delivery to home buyers and support the Government’s 'housing for all' initiative."
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