PNB Housing Finance: Driving PMAY-U 2.0 and Financial Inclusion for Housing Development in Maharashtra

• Sanctions ~1,530 crore to over 10,000 eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY) scheme
• Strengthens its commitment to the Government’s ‘Housing for All’ mission and PMAY-U 2.0 initiative
• Offers diverse product offerings to empower citizens to achieve home ownership, particularly in semi-urban and emerging regions

PUNE: PNB Housing Finance Limited, a leading housing finance company in India, has reaffirmed its commitment to supporting homeownership in Maharashtra, with a focus on enabling customers to benefit from the PMAY scheme. As part of its strategic focus on PMAY-U 2.0, the company is helping families, especially first-time buyers, navigate their home-purchasing journey seamlessly, while supporting the government’s broader ‘Housing for All’ vision.

PNB Housing’s affordable housing solution, Roshni Home Loans, caters to low- and middle-income households aspiring to begin their homeownership journey. With a strong network of 47 branches in Maharashtra, including 25 dedicated Roshni branches, the company is well-positioned to support the state’s housing needs. Additionally, PNB Housing offers tailored solutions for the informal and self-employed segments through its affordable housing and emerging markets lending solutions, thus widening the reach of housing finance beyond traditional income documentation.

Commenting on the company’s direction, Jatul Anand, Executive Director, PNB Housing Finance, said: “We appreciate the Government’s initiatives like PMAY-U 2.0, which have transformed the housing landscape and brought people closer to their dream of home ownership. We are proud to support the mission of simplifying access to home loans for consumers in Maharashtra and remain committed to driving financial inclusion by creating awareness about the PMAY-U 2.0 scheme and enabling interest subsidy benefits.”

To amplify awareness and encourage adoption of PMAY-U 2.0, PNB Housing Finance will intensify mass-outreach campaigns across Maharashtra, including interactive sessions in semi-urban districts and targeted programmes for listed beneficiaries. These initiatives aim to help aspiring homeowners understand their eligibility, interest-subsidy benefits, and the end-to-end process for availing PMAY-linked loans through trusted lending partners like PNB Housing Finance.

The company continues to advance its digital transformation journey, offering a seamless customer experience through a cutting-edge tech stack and omnichannel presence. Having recently secured a credit rating upgrade from ‘IND AA+’ to ‘IND AAA’ from India Ratings, PNB Housing Finance has demonstrated sustained financial strength and asset-quality improvement. With a roadmap to achieving a ₹1 lakh crore loan book by FY27 and a pan-India network of over 500 branches, the company remains focused on driving housing-led development.